Milestones Achieved Under Ratan Tata
Bangalore: A look at major milestones achieved by Tata Sons under Ratan Tata as chairman:
1996: Forayed into telecom sector with the launch of Tata Teleservices
1998: Oversaw Tata Motors producing India's first indegeniously designed passenger car, Tata Indica.
2000: Tata Global Beverages acquired UK-based Tetley group, making it the world's largest tea producer
2001 saw Tata Group entering the insurance sector, by forming joint venture with the U.S.-based American International Group (AIG)
2001: Led Tata Consultancy Services (TCS) acquire CMC (the erstwhile, state-owned Computer Maintenance Corp)
2002: Led Tata Sons acquire the state-run Videsh Sanchar Nigam Ltd (VSNL), now known as Tata Communications
2003: TCS becomes first Indian software company to cross one billion dollars in revenue
2004: Tata Motors acquires the heavy vehicles unit of Daewoo Motors
2004: TCS went public; it raised nearly $1.2 billlion
2005: Tata Steel acquires Singapore-based steel company NatSteel
2005: Tata Communications acquires Tyco Global Network, thereby becoming the world's largest providers of submarine cable bandwidth
2006: Tata Sky satellite television service launched across India
2006: Tata Chemicals acquires controlling stake in UK-based Brunner Mond Group
2006: Launches Croma, the multi-brand retail outlets for consumer electronics
2007: Tata Steel acquires Anglo-Dutch steel-maker, Corus
Source: IANS
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