Content
Card Result
We use cookies

to give you a better experience. By using our website you agree to our policies.

Tata Sons is the principal investment holding company and promoter of Tata companies.

66% of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation, and art and culture.

Each Tata company or enterprise operates independently under the guidance and supervision of its own Board of Directors.

Governance Philosophy

“The Tata philosophy of management has always been, and is today more than ever, that corporate enterprises must be managed not merely in the interests of their owners, but equally in those of their employees, of the consumers of their products, of the local community and finally of the country as a whole.” JRD Tata, 1973

Our Governance Philosophy is to ensure fair, transparent, accountable and ethical management in order to protect the interests of all stakeholders, including shareholders, employees, customers, vendors, regulators and society. As a responsible corporate citizen, Tata Sons follows the laws of the land in letter and spirit. Tata Sons also goes beyond mere compliance to highlight certain behaviours and norms to Tata group operating companies.

Our Governance Philosophy is based on resilience. Globally, organisations are becoming vulnerable as businesses become complex, virtual and interdependent. It is imperative to build a sustainable and resilient enterprise.

Tata Sons’ relationship with the group operating companies is governed by:

Shareholding in the group companies: Tata Sons is the principal investment holding company and the promoter of its group operating companies.

Brand Equity & Business Promotion (BEBP) agreement: Every company that uses the 'Tata' brand is a signatory to the Tata Sons’ BEBP agreement. The agreement confers upon the operating companies the right to use the Tata brand in return for a commitment from them to run their businesses ethically and with excellence. As part of the BEBP agreement, the operating companies must adopt:

  • Tata Code of Conduct (TCoC)
  • Tata Business Excellence Model (TBEM)

Tata Code of Conduct

The Tata Code of Conduct provides an ethical road map and guidelines for Tata employees and companies. All full-time employees of the Tata group are obliged to follow the tenets of the code of conduct. It encapsulates our values of integrity, responsibility, excellence, pioneering and unity. It lays down the principles of:

  • the highest moral and ethical standards;
  • highest standards of corporate governance;
  • respect for human rights and dignity;
  • professionalism, honesty, fairness and integrity

in all interactions with employees, customers, communities and the environment, partners, financial stakeholders, government and regulators and other group companies.

It also reaffirms our commitment to:

  • the economic development of communities;
  • highest standards of safety;
  • maintaining a balance in the interest of stakeholders and treating them fairly to avoid discrimination;
  • not engaging in unfair or restrictive trade practices, and compliance with applicable laws, rules and regulations;
  • creating an environment free of the fear of retribution; thereby allowing all stakeholders to raise ethics-related queries or concerns

Tata Business Excellence Model (TBEM)

The Tata Business Excellence Group (TBExG) promotes business excellence in group companies by bringing in best-in-class processes and facilitating the sharing of best practices. The TBExG facilitates TBEM assessments in group companies to assess their process maturity levels, and overall performance. These assessments are conducted by trained and certified assessors who keep the context of the company in mind while applying the holistic TBEM criteria within the company and industry.

The TBEM criteria includes deployment of business practices for excellence in leadership and strategy and deployment of operational excellence. It reviews the approaches by which the company understands its customers and employees. It also examines the usage of data systems to measure, analyse and generate reusable knowledge assets. The TBEM assessment process, while corroborating the company’s strengths and practices, identifies opportunities for improvement and imperatives to enhance business performance. TBExG also shares best practices across group companies and encourages their adaptation for quicker learning and results.

Scroll below for more information, financial and business highlights

Information

Leadership

Group Leadership

Board of directors and leadership team of Tata Sons
internal link
Investors

Information for Investors

Key business and financial highlights of the Tata group, and live stock data
internal link
Business

Business Clusters

Information and business overview of the ten clusters that constitute the Tata group
internal link

Tata group* Shareholding in listed companies

Company Tata Group Shareholding*
Indian Hotels Company 39.1%
Tata Chemicals 30.8%
Tata Communications 48.9%
Tata Consultancy Services 71.9%
Tata Elxsi 44.6%
Tata Global Beverages 34.5%
Tata Investment Corporation 73.0%
Tata Motors** 35.8%
Tata Power 33.0%
Tata Steel*** 33.2%
Titan Company 25.0%
Trent 32.6%
Voltas 30.3%
  • * Tata group shareholding in a firm includes holding of all Tata promoters, including that of Tata group companies as on 31st March, 2018
  • **Tata Motors: Represents effective voting rights, including differential voting rights (DVR). Equity ownership is 30.9%
  • ***Tata Steel:Including partly paid shares

Also Read

Heritage
Tata Titans

Tata Titans

The Tata group has always been led by visionaries and pioneers. Read about them here.
redirect lnk,redirect lnk
Heritage
COMMUNITY

Tata and the Community

For over 150 years, we have been serving the communities in which we operate.
redirect lnk,redirect lnk
Chairman's Notes

"Simplify, Synergize, Scale"

Chairman N Chandresakaran's New Year 2019 message to Tata employees
redirect lnk,redirect lnk
Chairman's Notes
News

Inside N Chandra’s plans for Tata Group in 2019

Livemint.com on Chairman N Chandrasekaran's plans for 2019
redirect lnk,redirect lnk