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The
Tata Group is India’s largest and
best-known industrial group with revenues
in 2006-07 of $28.8 billion (Rs129,994 crore),
the equivalent of about 3.2 per cent of
the country's GDP, and a market capitalisation
of $70.3 billion. Known for its adherence
to business ethics, it is India’s
most respected private business group. With
about 289,500 employees across 98 operating
companies, it is also one of the largest
private sector employer. |
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| Founded
by Jamsetji Tata in the 1860s, the early
years were inspired by the spirit of nationalism,
aligning business opportunities with the
objective of nation building, which remains
enshrined in the Group's ethos to this day.
The Group pioneered several firsts in Indian
industry - in steel, power utility, luxury
hotels and aviation amongst others.
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| Some
of the Institutes that are part of
the Tata Group:
• Indian
Institute of Science IISc
• National
Centre for Performing Arts NCPA
• Tata
Memorial Centre
• Tata
Institute of Social Sciences TISS
• Tata
Institute of Fundamental Research
TIFR
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| The
Group has been steadfast and distinctive
in their adherence to business ethics
and commitment to corporate social
responsibility. The Tata Group has
also always believed in returning
wealth to the society it serves. Thus,
nearly two-thirds of the equity of
Tata Sons, the Tata Group’s
promoter company, is held by philanthropic
trusts, which have created a host
of national institutions in science
and technology, medical research,
social studies and the performing
arts. The trusts also provide endowments,
grants and program aid to NGOs in
the areas of education, healthcare
and social upliftment, and financial
assistance to deserving individuals. |
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| By
combining ethical values with business
acumen, globalization with national
interests and core businesses with
emerging ones, the Tata Group aims
to be the largest and most respected
global brand from India whilst fulfilling
its long-standing commitment to improving
the quality of life of its stakeholders. |
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