DOWN MEMORY LANE

Key actions during the four years of N. Chandrasekaran

October 2017

Indian Hotels completed a rights issue of ` 1,500 crore

Transferred the consumer mobile business of Tata Tele to Bharti Airtel free of cost

Tata Sons cleared past liabilities of the telecom business worth ` 38,000 crore

February 2017

Tata Sons bought NTT DoCoMo’s stake in Tata Tele for $1.27 billion and settled the pending dispute

February 2018

Tata Steel completed rights issue of ` 12,800 cr

March 2018

Tata Sons bought Tata Power’s stake in Tata Communications

April 2018

Tata Sons consolidated businesses in aerospace and defence sectors under one entity

May 2018

Tata Steel acquired bankrupt Bhushan Steel for ` 35,000 crore

September 2018

Tata Steel acquired Usha Martin’s steel business for ` 4,000 cr

November 2018

Tata Steel started Kalinganagar plant expansion to 8 MTPA from 3 MTPA

Tata Power acquired Prayagraj Power

August 2019

Tata Sons infused ` 1,000 crore into

Trent Tata Communications completed demerger of surplus land

October 2019

Tata Sons infused ` 6,500 crore in Tata Motors

January 2020

Tata Motors launched Electric SUV – Nexon EV - and an e-mobility ecosystem, Tata uniEVerse

Tata Power, Tata Chemicals, Tata Autocomp, Tata Motors Finance and Croma announced participation in e-mobility play

February 2020

Consolidated consumer businesses of Tata Chemicals and Tata Global Beverages to create Tata Consumer Products

March 2020

Tata Motors board approved the plan to float Passenger Vehicles, including Electric Vehicles, business as a separate subsidiary

April 2020

Tata Power sold the stake in South African JV Cennergi

June 2020

Tata Group’s brand value crossed $20 billion

July 2020

Tata Sons infused ` 2,600 crore in Tata Power

Tata Power divested shipping firms for $212.76 million

November 2020:

TCS acquired Deutsche Bank’s full-range IT service provider Postbank Systems

TCS acquired select assets of Pramerica Systems Ireland from insurance firm Prudential Financial Inc