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The Analyst Magazine:
Tatas : Facing Tough Times
 
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Since the beginning of 2008, the Tatas have been in deep trouble, following tight liquidity conditions, a depressed stock price, and erosion in investor confidence.


 

Tatas, the largest private corporate group in India had started the year 2008 with a bang by spreading its wings globally with the big-ticket acquisition of iconic British marquees Jaguar and Land Rover (JLR) for $2.3 bn. And a year ago, in the largest ever merger of corporate India, Tata Steel, the world's 56th ranked steelmaker then, acquired Anglo-Dutch steelmaker, Corus, the ninth largest steelmaker in the world, for $12.1 bn. That was indeed a stupendous achievement for corporate India as it was for the first time India Inc. had forayed into the global arena in a big way. The deal had immediately catapulted the Tata Steel into the big league of global steel majors, comprising the likes of Arcelor-Mittal and POSCO.

 
 

 

The Analyst Magazine, Tatas : Facing Tough Times, Corporate Strategy, Tata Steel, Arcelor-Mittal, Information Technology,Tata Consultancy Services, TCS, Tata Group Companies, Decision Making Process, Global Assets, Tata Steel Limited, POSCO, Anglo-Dutch Steelmaker.