Case Study Of Tata Steel And Corus Group

1.1.1 Protect workers of BHP Billiton and improve the health and safety of their operations.

With 75% capacity utilization, a level too low for many companies, three European companies decided to merge to form the world’s largest steel producer. Two Japanese companies did the same to form the second-largest steel producer. These new mega-steelmakers could easily outmuscle their U.S. competitors. The largest steel producer in the US, USX-U.S. Steel group was already at number 11, with a threat of falling

“In the 20 years to 2000, the world’s 40 largest steel companies made cumulative losses before tax of US$10 billion, in spite of investing around US$75 billion in new capital equipment. In the following five years, profitability increased but the return on capital was still low (…)”.

Lehigh Steel is a company specialised in the production of specialty steels for high strength, high use applications. In 1988 the company experienced record profits, but then in 1991, it reported record losses due to the decreasing demand as a result of recession. After the crisis, the demand rose again, but Lehigh Steel could not transform its revenue into profits. Therefore the management at Lehigh decided to rationalize the product mix to address the

Generally speaking, the legal system didn¡¦t play a very active role in this case. First of all, the India government could do more on digging the truth of the gas leak out and set a more strict standard to regulate such dangerous

From the above pie chart more than 70 percent of managers from the technical, support, operations and engineering departments said yes when asked upon the allocation of desk within few days of joining in Tech Mahindra. This shows that organization takes care for the new joinees smooth journey from the starting of their career in organization and so leaves a good impact on them. The company gives their employees freedom to explore in comfortable settings while working towards achieving its core purpose.

Bharat Petroleum Corporation Ltd. is an Indian state-controlled oil and gas company headquartered in Mumbai, Maharashtra. Bharat Petroleum offers a full range of Automotive Engine Oils, Gear Oils, Transmission oils, Specialty Oils and Greases. BPCL has a gamut of products under the category of lubricants targeted towards the different set of customers based upon their usage

Pradeep Kumar N S (03278652), Rajesh Revankar (03279489), Raviteja Malepati (03279383), Saloni Rathi (03279488), Vindhyashree Nanjanna (03279486)

The case study on Indian Railways (IR) procurement practices by Nag (2013) is one of the most comprehensive case studies ever illustrated based on IR techniques. Furthermore, the case study clearly represented various aspects of the IR procurement management with clearly distinguishing sections depicting the humongous IR network of railways; methodologies used in procurement practices for vendor selection; controlling and regulation practices related to procurement; competition between the suppliers; and ethics and accountability factors of IR individuals. Subsequently, each of these procurement management elements of IR would be summarized with various information and examples within this critical thinking report.

Tata Steel group believes that by achieving its goals of value creation, safety, environment and people, it can become the global steel industry benchmark. Corporate governance guidelines ensure that the Board will have necessary authority to review and evaluate Company’s operations; moreover these guidelines let the Board to make the decision independent of the Management. The Board comprises of 11 members, including one woman member.

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.

In the late twentieth century, demand growth was strongly low. In contrast, the twenty –first century saw a boom in demand. For instance, Tata bought weaker players internationally, such as NatSteel in 2004, which was Tata Steel’s first overseas acquisition, and the Anglo – Dutch giant Corus in April 2007. Through the investment in Corus, Tata has created a manufacturing and marketing network in Europe, South East Asia and the pacific – rim countries. These acquisitions were also the result of using a strategy of

In 2014-15, the share was down to 57.3 percent. While Tata Steel group witnessed a 6 percent growth in turnover over the period, Tata Steel Europe saw a 20 percent decline in turnover. Clearly, Tata Steel Europe has been a drag on the group. As far as operating profit is concerned, Tata Steel group saw a decline of 30 percent between 2007-08 and 2014-15. Tata Steel Europe, meanwhile witnessed a sharper 53 percent decline. In 2007-08, a year before the global financial crisis started, the foreign subsidiary had a 50 percent contribution to overall Ebitda. The business never went back to that level of operating profit after that. The share in 2014-15 stood at 33.6 percent. In 2015-16 up to December, the group's consolidated EBITDA stood at Rs 11,165 crore. Tata Steel Europe, meanwhile, reported an operating loss of Rs 339

Tata Steel, established in 1907, is one of the world’s most geographically diversified steel producers, with operations in 26 countries and commercial offices in over 35 countries. Tata Steel, part of the Tata group, based in Mumbai, has exploits in various categories including tea, automobiles, communications, power and salt. It is estimated that the Tata Steel group produces 31million tonnes of Steel per year. Tata steel is the second largest steel producer in Europe, with the level of global steel production currently over 1bn tonnes, which is expected to increase to 1.5bn tonnes by 2015-2020. To expand from India into the global marketplace Tata Steel has made numerous acquisitions including Millennium Steel in 2005, Nat steel in 2004, and Corus Steel in 2007. Tata

India’s economic growth is very much dependent upon the growth of the Indian steel industry. One of the major indicator of economic development has always been the consumption of steel. Steel is an essential element in sectors such as housing, construction and land transportation, special steel’s use is growing in engineering industries such as power generation, petrochemicals and fertilizers. India is at the central position on the global steel map, with the establishment of new steel mills, continuous modernization and upgrading old plants, improving backward integration and energy efficiency.