Ironment, So Deeply Embedded in Its Very Ethos, Has Found Expression in Its Environment-Friendly Processes That Ensure It Produces ‘Green Steel’ in All Its Facilities
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A Study on Corporate Social Responsibility with Special Reference to Tata Group of Companies-India
Advances in Economics and Business Management (AEBM) Print ISSN: 2394-1545; Online ISSN: 2394-1553; Volume 2, Number 9; April-June, 2015 pp. 908-913 © Krishi Sanskriti Publications http://www.krishisanskriti.org/aebm.html A Study on Corporate Social Responsibility with Special Reference to Tata Group of Companies-India V.A. Manikandan1 and R. Rajasekaran2 1,2Department of Commerce, PSG College of Arts and Science, Coimbatore-641014, Tamilnadu, India E-mail: [email protected], [email protected] Abstract—Inspite of India being a developing country there are confusions in decision making. The corporates are not giving various areas that need to be concentrated for the development. The that much importance for Corporate Social Responsibility. public and private participation (i.e., the PPP) concept is required in This study helps to know the Corporate Social Responsibility today’s business and industrial scenario. The recent company Act and ethical practices of TATA group of companies in India. 2013 insists that Corporate Social Responsibility (CSR) is mandatory for industrial sector, in order to identify the level of CSR followed by OBJECTIVE OF THE STUDY various industries. TATA group of companies has selected as a research study. Well defined objective were framed, methodology has To study the CSR activities of TATA group of been designed, related data has been collected and analysed with companies. suitable statistical tools. The finding of the study has been To identify the factors influencing CSR. highlighted and an attempt is made to understand the CSR of TATA group of companies in India. To understand the importance of CSR in societal development. -
Working Together to Create Sustainable Value
Integrated Report & Annual Accounts 2015-16 109th Year WORKING TOGETHER TO CREATE SUSTAINABLE VALUE Forward-looking statements Certain statements in this report regarding our business operations may constitute About the report forward-looking statements. These include all statements other than statements of historical fact, including those regarding The business environment is increasingly being influenced by the financial position, business strategy, Governments, Regulators, Civil Society and Investors who are management plans and objectives for future operations. steadily moving towards Focusing Capital on Long-Term. The providers of Financial Capital are now increasingly expecting Forward-looking statements can be companies to proactively engage with wider set of stakeholders identified by words such as 'believes', on matters relating to sustainability. The strategic focus across 'estimates', 'anticipates', 'expects', 'intends', 'may', 'will', 'plans', 'outlook' and other words businesses is steadily moving towards long-term capital of similar meaning in connection with a creation. To proactively engage with a wider set of stakeholders discussion of future operating or financial on matters relating to sustainability and in keeping with our performance. very own core principle, commencing this year, we endeavour to Forward-looking statements are necessarily transition towards a system of governance-based reporting for dependent on assumptions, data or methods long-term value creation. that may be incorrect or imprecise and that may be incapable of being realised, and as such, are not intended to be a guarantee Reporting Principle of future results, but constitute our We present our first Integrated Report prepared in line with the framework current expectations based on reasonable adopted by the International Integrated Reporting Council (IIRC). -
Annual Report 2018-19 80Th Year Contents
Accelerating focussed growth Integrated Annual Report 2018-19 80th Year Contents Integrated Report Deep innovation expertise to harness the 01-57 best of science and serve the society. 01 Company Overview A passion to consistently push beyond 06 Our Diversified Science Led Portfolio 08 Performance Highlights for FY 2018-19 existing limits and rise above. 10 Board of Directors Combine innovation and passion with scale 12 Management Team and accelerated growth happens. 13 MD & CEO's Message 14 Integrated Value Chain This is how Tata Chemicals has emerged to be one of the world’s most reputed brands, revolutionising the 16 Business Model Explaining the Interlinkage of Capitals industry segments it has operated in its 18 Our Formula for Accelerating 80-year journey. Focussed Growth As we continue to nurture our inherent strengths, 21 Managing Risks, Maximising Returns we are undertaking many initiatives to accelerate our 24 Listening to and Engaging growth in focussed areas. with the Stakeholders 25 Addressing Material Issues Our multi-pronged strategy of customer-centric 26 Basic Chemistry Business product development and expansion into white spaces in our Consumer Products Business and capacity 32 Consumer Products Business augmentation programmes in our Specialty Products 38 Specialty Chemicals Business Business has laid a strong foundation for growth. 45 Intensifying Focus on Health & Safety Aligning our organisational structure and strategies 46 Innovating for a Better World with the revised segment reporting and the exit from 48 Growing Together non-core businesses has simplified our portfolio and are 50 Our Commitment to driving stronger synergies. Strong innovation drive is Sustainable Growth enabling us to tap the emerging areas and 53 Corporate Social Responsibility nurture the newly-seeded portfolio. -
Delivering Today. Innovating for Tomorrow
DELIVERING TODAY. INNOVATING FOR TOMORROW. INVESTING IN OUR FUTURE. CUSTOMER NEWS NOVEMBER 2017 A ENTERPRISE Following a strategic review in 2011, TCE has undertaken major change in our business over the last few years. From being primarily a soda ash business, we A message from our shareholder have transformed into a broad diversified soda ash, sodium bicarbonate and salt business delivering reliable high quality products into increasingly diverse markets. “Our team at Tata Chemicals Europe have worked We have built a strong and sustainable cost base, made possible by a hugely engaged tirelessly to deliver a robust and passionate workforce. We have acquired British Salt Limited, built the first stand- and diverse business. On alone sodium bicarbonate plant of its kind, established a major soda ash import facility as behalf of the Shareholder a virtual factory to support our indigenous manufacturing plant in Northwich, invested we are excited to support heavily in new supply chain solutions, and implemented a major package of business and the investment plans for the coming 5 process improvements. years across TCE’s soda ash, bicarb and salt businesses. Next year will be 150 years of Significantly we have been able to take control of our own energy supplies for our soda Tata and as we look forward to that event, ash and sodium bicarbonate businesses by acquiring from EoN the gas-fired CHP plant we wish to thank you very much for your at our Winnington site. Having the CHP plant and our soda ash and sodium bicarbonate continued support of our TCE business.” facilities under common ownership and control has driven far greater efficiency, cost R Mukundan, Managing Director control and reliability for these businesses. -
Chapter-I Introduction
CHAPTER-I INTRODUCTION 1 INTRODUCTION Tata Group Type Private Industry Conglomerate Founded 1868 Founder(s) Jamsetji Tata Bombay,house Headquarters Mumbai, India Area served Worldwide RatanTata Key people (Chairman) Steel Automobiles Telecommunications Products Software Hotels Consumer goods 2 Revenue 319,534 crore (US$69.34 billion) Profit 8,240 crore (US$1.79 billion) Total assets US$ 52.8 billion (2009-10) Employees 396,517 (2009-10) TataSteel TataSteelEurope TataMotors TataConsultancyServices TataTechnologies TataTea Subsidiaries TitanIndustries TataPower TataCommunications TataTeleservices TataAutoCompSystemsLimited Taj Hotels Website Tata.com Tata Group Companies CMC · Tata BP Solar · Tata Coffee · Tata Chemicals · Tata Consultancy Services · Tata Elxsi · Tata Interactive Systems · Tata Motors · Tata Steel · Tata Power · Tata India-basedTea · Tata Communications · Tata Technologies Limited · Tata Teleservices · Titan Industries · Tata Voltas · The Indian Hotels Company · Trent (Westside) · Cromā 3 Brunner Mond · Jaguar Land Rover (Jaguar Cars · Land Other Rover) · Tata Daewoo Commercial Vehicle · Tata Steel Europe · Tetley · VSNL International Canada Ginger · Good Earth Teas · Tanishq · Taj Hotels · I-shakti · Tata Salt · Brands Tata Sky · Tata Indicom · Tata DoCoMo · Titan · Westside · Voltas · Virgin Mobile India Notable Jamsetji Tata · Ratanji Dadabhoy · Dorabji Tata · Nowroji People Saklatwala · J. R. D. Tata · Ratan Tata · Pallonji Mistry Bombay House is the head office of Tata Group The Tata Group is an Indian multinational conglomerate company headquartered in the Bombay House in Mumbai, India. In terms of market capitalization and revenues, Tata Group is the largest private corporate group in India. It has interests in chemicals, steel, automobiles, information technology, communication, power, beverages, and hospitality. The Tata Group has operations in more than 80 countries across six continents and its companies export products and services to 80 nations. -
2017-18 About This Report
59 2017-18 79th Annual Report Report Annual 79th www.linkedin.com/Company/tata-chemicals www.tcsrd.com www.twitter.com/TataChemicals www.okhai.org www.facebook.com/humantouchofchemistry www.tatanx.in www.facebook.com/TataChemicals www.tataswach.com www.tatachemicals.com www.tatasampann.com www.tatasalt.com www.humantouchofchemistry.com Fax: +91 22 6665 8144 Telephone: +91 22 6665 8282 CIN: L24239MH1939PLC002893 Mumbai - 400001 India. Homi Mody Street, Fort, Bombay House, 24, Registered Address Financial Statements Statutory Reports Transform Grow Grow Integrated Report About this report Tata Chemicals seeks to go beyond compliance in its corporate reporting. Alongside statutory declarations, this Annual Report includes non-financial information that is disclosed on a voluntary basis in accordance with the Integrated Reporting <IR> framework of International Integrated Reporting Council (IIRC). Assurance on financial statements has been provided by independent auditors B S R & Co. LLP and non- financial statements by Ernst & Young LLP. Monitoring marine turtle mortality and nesting along the Okhamandal coast Contents Integrated Report Introduction 2 Ethics 39 Highlights at a glance 3 Peoples practices 40 Company overview 4 Community 42 MD's message 6 Sustainability 46 Performance highlights 7 Risks 49 Materiality 8 Board of Directors 50 Value creation 10 Management team 52 Strategy and KPIs 12 Basis of report preparation 53 Forward looking statements 53 Consumer products Assurance notice 54 Business overview 16 Results at a glance 56 Case -
University of Strathclyde Beats LBS and Oxford in Finals
Victorious University of Strathclyde repeats history at 4th UK edition of Tata Crucible Campus Quiz UK champions win a second opportunity to travel to India for the international finals, along with newcomers ESCP Europe London, 20th November 2011: The team of Anup Nair and Michael Doroszenko from The University of Strathclyde emerged as champions for the second year in a row at the 4th annual UK Tata Crucible, a major business quiz designed to encourage lateral thinking and test commercial awareness for the country’s future business leaders. The pair from Strathclyde impressed the audience and Quiz Master ‘Pickbrain’ with a confident win, fighting off a spirited challenge from the second place team of ESCP Europe and third place team of London Business School (LBS), with the championship title being decided only on the last question of the evening. Amongst this year’s special guests were Dr Ralph Speth, CEO of Jaguar Land Rover, who expressed fascination with the power of the questions and the excitement of the evening, while emphasizing the crucial role that young talent plays in the future success of companies. This year’s chief guest was Jo Johnson, MP for Orpington and former India Bureau Chief for the Financial Times. Awarding the winners with their prizes, Mr Johnson said “It is a very inspiring evening. I am just awe-struck, by not just the knowledge, the factual knowledge that our contestants had, but the ingenuity and the creativity that they displayed in all of their answers”. He urged the students to strive for excellence to achieve success and added “Keep on displaying the sheer enthusiasm for the subject matter and the creativity and ingenuity I just referred to and the world will be yours”. -
Enriching Life
ENRICHING LIFE 76th ANNUAL REPORT 2014-15 CONTENTS CORPORATE OVERVIEW About Tata Chemicals ------------------------------------------------------------------------- 01 Tata Chemicals worldwide -------------------------------------------------------------------- 02 Our customers Industries -------------------------------------------------------------------------------------- 04 Households ----------------------------------------------------------------------------------- 05 Farmers ---------------------------------------------------------------------------------------- 06 Innovation for value --------------------------------------------------------------------------- 07 Our people --------------------------------------------------------------------------------------- 08 Promoting inclusive growth ----------------------------------------------------------------- 09 Care for the environment ----------------------------------------------------------------- 10 Our communities and us -------------------------------------------------------------------- 11 Our leadership Board of Directors --------------------------------------------------------------------------- 12 Management team -------------------------------------------------------------------------- 13 Financial Highlights ---------------------------------------------------------------------------- 14 Awards -------------------------------------------------------------------------------------------- 16 Results at a glance -------------------------------------------------------------------------------- -
78Th Annual Report 2016-17 Reimagine4 ANNUAL REPORT 2016-17 Life
Reimagine life 78th Annual Report 2016-17 Reimagine4 ANNUAL REPORT 2016-17 life About this Report The Company continues to lay emphasis on making voluntary disclosures to keep its stakeholders fully informed on all aspects of its business. In keeping with the same, the Company has made an effort to further enhance the disclosures and information provided in its annual report (Page 1-48) to align with the Integrated Reporting <IR>, the framework by International Integrated Reporting Council (IIRC) and SEBI circular dated 6 February, 2017. Readers are requested to note that the non-financial data in the IR are management estimates and may change subsequently in its Sustainability Report for FY2016-17 to be published shortly. Contents Our guiding philosophy is to use the prowess of Science for Corporate Overview improving the quality of life for everyone. As a business 2 Tata Chemicals at a Glance which develops products and solutions that are essentials for 4 Board of Directors LIFE – broadly categorised as Living Essentials, Industry 6 Management Team Essentials and Farm Essentials – innovation has been an 7 Managing Director’s Message invariable part of the journey. We could excel in all our 8 Strategy Planning Process businesses because we could constantly innovate and 10 Materiality Assessment rediscover ourselves in each of our business segments. 12 Risk Management Process After our pioneering efforts of developing the market for 14 Stakeholder Value Creation iodised salt in India, our Living Essentials business kept 16 Overview of Capitals broadening its horizons – starting from pulses, spices to water 18 Interlinkage of Capitals purifiers. -
PASSION PARTNERSHIP PROGRESS a Journey of 75 Years & Beyond AGM Thursday, 21St August, 2014 Time: 3:00 P.M
Annual Report 2013-14 PASSION PARTNERSHIP PROGRESS A journey of 75 years & beyond AGM Thursday, 21st August, 2014 Time: 3:00 p.m. Contents Venue Birla Matushri Sabhagar, 19, Sir Vithaldas Thackersey Marg, Mumbai – 400 020. Book closure dates 12th August, 2014 to 21st August, 2014 25 STATUTORY REPORTS 25 Notice 42 Directors' Report 55 Management Discussion and Analysis 72 Corporate Governance Report 86 Business Responsibility Report - Summary 87 FINANCIAL STATEMENTS Standalone Financial Statements 87 Independent Auditors’ Report 90 Balance Sheet 91 Statement of Profit and Loss 92 Cash Flow Statement 94 Notes forming part of the Financial Statements 126 Summary of Financial Information of 02 CORPORATE Subsidiary Companies OVERVIEW Consolidated Financial Statements 128 Independent Auditors’ Report 02 Tata Chemicals at a Glance 130 Consolidated Balance Sheet 04 Key Milestones 131 Consolidated Statement of Profit and Loss 06 The Formative Years (1939-1953) 132 Consolidated Cash Flow Statement 08 Expansion & Consolidation (1954-1968) 134 Notes forming part of the Consolidated Financial Statements 10 Building Social Capital (1969-1983) 163 Financial Statistics 12 Expanding Verticals (1984-1998) Proxy/Attendance Slip 14 Growth & Globalisation (1999-2013) 16 Forging Ahead (2014 & beyond) 20 Board of Directors 21 Senior Management 22 Financial Highlights 24 Awards and Accolades Being around for 75 years means one has seen a lot. A lot of change. However, as they say, the more things change, the more they remain the same. So what remains unchanged at Tata Chemicals. For one, we continue to play a solutions to fuel the next level of catalytic role in the growth of growth for a more aspirational, brand- Indian industry, as we did since our conscious and global consumer. -
Corporate Social Responsibility: a Case Study of TATA Group
IOSR Journal of Business and Management (IOSRJBM) ISSN: 2278-487X Volume 3, Issue 5 (Sep,-Oct. 2012), PP 17-27 www.iosrjournals.org Corporate Social Responsibility: A Case Study Of TATA Group 1 2 3 4 Amit Kumar Srivastava , Gayatri Negi , Vipul Mishra , Shraddha Pandey ( 1,4 Shri Ram Murti Smarak College of Engineering & Technology, Bareilly, U P/India ) ( 2 ,3Career Degree College, kakori, Lucknow /U P / University of Lucknow / India) Abstract: Starting from the times of barter system to today’s modern era of plastic money, the mankind has trodden a remarkably long path. Undoubtedly “profitability” has always been the driving force and an undercurrent behind all this development; but as every coin has two facets; growing cut throat competition and business rivalries started taking heavy toll on the quality, transparency, environment and the society in general endangering the peaceful coexistence of business and society. The businesses houses started realizing that they would have to rise over and above the profitability and take care of all those associated with their survival in the society directly or indirectly. This realization resulted into the concept of Corporate Social Responsibility (CSR). This research paper moves around developing an understanding about the corporate social responsibility (CSR), delving into its concept and finding out its scope taking the case study of the TATA Group under Mr. Ratan Tata who has exemplified the sense of responsibility towards the upliftment of common masses and protection of the environment and development of the nation. Keywords: Corporate citizenship, Corporate social responsibility, Employee, Productivity, Profitability, Society, Stakeholders. I. Introduction 1.1 Literature Review The concept of CSR originated in the 1950‘s in the USA but it became prevalent in early 1970s . -
25/04/11 3:09 Pm ).4%'2)49
21100224_Tata_Group Brochure_2k11_Corporate_Cover.indd 1 25/04/11 3:09 PM ).4%'2)49 %8#%,,%.#% 5.$%234!.$).' 5.)49 2%30/.3)"),)49 0UBLISHEDIN-ARCH 21100224_Tata_Group Brochure_2k11_Corporate_Cover.indd 2 25/04/11 3:09 PM The Tata Commitment At the Tata Group we are committed to improving the quality of life of the communities we serve. We do this by striving for leadership and global competitiveness in the business sectors in which we operate. Our practice of returning to society what we earn evokes trust among consumers, employees, shareholders and the community. We are committed to protecting this heritage of leadership with trust through the manner in which we conduct our business. 01_Tata Main Brochures (001-011).indd 1 4/1/11 10:30:18 AM Group materials engineering information technology & communications An Introduction .....................................04 Automotive Information Technology Metals • Tata Motors ............................................... 22 Group History ........................................06 • Tata Steel .......................................14 Subsidiaries / Associates / JVs • Tata Consultancy Services............ 38 • Jaguar Land Rover Tata Elxsi ........................................42 Subsidiaries / Associates / JVs • Tata Marcopolo Motors • Tata Technologies .........................44 International Locations .........................09 • Tata Steel Europe (Corus) • Tata Daewoo Commercial Vehicle Company • • NatSteel Holdings •Tata Motors (Thailand) • Tata Interactive Systems .............. 47 •