Case Study Analysis Tata-Corus

What do you think of some critics’ opinion that Ratan Tata was moving the group of companies in exactly the opposite direction from where it should be going?

(b) Tata Power has a program of verification of fixed assets to cover all the items in phased manner over a period of three years which is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the program, certain fixed assets were physically verified by the Management during the year. According to the information and explanation given, no material discrepancies were noticed on such verification.

The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India's largest private sector enterprise, with businesses in the energy and materials value chain. Group's annual revenues are in excess of US$ 66 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company

Meta Description: The Nexon is Tata’s new compact SUV that will compete with Vitara Brezza and EcoSport. Its USP is a new design that may appeal to young buyers.

They did not enjoy profit rather they faced losses from their acquired properties outside the home country. So they divested and shifted to small equity with management contract, primarily to gain profit and for globalization, for their hotel group of Tata Globalization strategies of Tata group

„« Competition - as stated earlier, competition is fierce and foreign competitors are dumping steel.

Tata Communications is a global company with its roots in the emerging markets. Headquartered in Mumbai and Singapore, it has more than 8,000 employees across 38 countries. The $3.2 billion company is listed on the Bombay Stock Exchange and the National Stock Exchange of India and is the flagship telecoms arm of the $103.3 billion Tata Group.

In light of the surplus steel products in the U.S., Nucor along with other steel producers had to lower their prices in order to compete with the extremely low priced foreign steel that flooded the U.S. market. Nucor was not adversely affected by the price change; in fact they were able to maintain their financial health (Thompson, 2007).

First, the downward pressure on prices has been exacerbated by a problem of oversupply, as Australian miners produced over 650 million tonnes of iron ore in 2014 (Powell, 2015). While increased production is often indicative of a growing, rather than faltering, industry, in fact prices are so low that only two companies - BHP and Rio Tinto - are able to make a profit (Ker, 2015). Smaller companies, which do not benefit from economies of scale, are unable to meet their production costs. Additionally, another important factor that suggests a pessimistic outlook for iron ore exports in the short-term is the reduced demand from foreign steel mills, especially in China (Powell, 2015). This is indicative of China’s slowing economic growth, as well as its broader shift to consumer-lead growth as opposed to industrial production (Regan and Lian, 2015). Furthermore, while China’s economy has struggled for the past few years, it is currently in the midst of a financial crisis that is especially troubling for the price of iron ore in the near future (The Economist,

Arcelor Mital, the first largest steel company of the world, on the date the article was written, arose from the merger between the UK/Indian based-company Mital and the French and Luxembourg-based

Alongside Nucor’s low-cost strategy, it places emphasis on innovative steelmaking technologies to reduce environmental waste, increased efficiency and production innovation. However, Nucor has had some struggles financially over the past

Chapter 7: Merger and Acquisition Strategy ---- House of Tata: Acquiring a Global Footprint (written by Tarun Khanna, Krishna G. Palepu, and Richard J. Bullock)

bonding quality. All the firms under the Tata group followed their own strategy and often their

Political Tata Motors operates in a vast amount of places all across the world . They’ve had great success in regions like Europe, Africa, Asia, the Middle East and Australia. When it come to politics influences Tata Motors need to pay close attention to Laws and regulations as well as the governing bodies that control the area. Local governments regulate commerce, trade, and investments. The local markets and economies are all influenced by national and local influences.

Since its establishment, Tata has shown a strategy of incremental change. Arguably, that point was important because so the group might vary within the current market. In the nineteenth – century steel was seen as an unprofitable section. Even more than 50 independent steel producers went into bankruptcy in the USA (Business Monitor International Ltd, 2010: 54).