Company Overview of Tata Industries Ltd.
Tata Industries Ltd. provides management consulting services. It also offers custom e-learning services, such as project management, instructional design and graphics, and technical know-how. The company promotes projects in the fields of finance, telecommunications, oil field service, process control, management systems, and information technology. Tata Industries Ltd. was founded in 1945 and is based in Mumbai, India.
24, Homi Mody Street
Mumbai, 400 001
Founded in 1945
Key Executives for Tata Industries Ltd.
General Manager of Finance & Accounts
Chief Executive of Tata Interactive Systems
Director and Chief Executive of Tata Strategic Management Group
Vice President of Legal and Company Secretary
Compensation as of Fiscal Year 2012.
Tata Industries Ltd. Key Developments
Tata Industries Ltd. Partners with Ramot at Tel Aviv University Ltd. to Fund Leading Edge Innovations for Accelerated Commercialization
Apr 29 13
Ramot at Tel Aviv University Ltd. and Tata Industries Ltd. entered into a strategic Memorandum of Understanding to fund and generate leading edge 'commercialization ready' technologies in a wide range of fields, including engineering and exact sciences, environment and clean technology, pharmaceuticals and health care. Under the MoU, Tata Industries through its wholly owned overseas subsidiary will be the lead investor in Ramot's USD 20 million Technology Innovation Momentum Fund, which will invest in promising breakthrough technologies. Technologies with significant commercial potential will be selected by committees comprising Global Domain experts and Tata representatives, who will drive the process to translate such innovations into licensing opportunities for Industry.
Supreme Court Asks Aditya Birla Nuvo Limited and New Cingular Wireless Services to Cooperate in Assessment Proceedings
Nov 23 11
The Supreme Court has asked Aditya Birla Nuvo Limited and New Cingular Wireless Services, Inc. to cooperate with the assessment proceedings of the income tax (I-T) department in the $150-million Idea Cellular India deal, but assured these companies that no adverse order on them by the department will operate until the court reviewed it. Tata Industries, the other company party to the dispute, has already paid the TDS amount under protest. The interim order was passed by a bench headed by chief justice SH Kapadia. The three companies - Tata Industries, ABNL and NCWS, the principal assessee - have challenged the department's claims of capital gains tax pertaining to the 2005 deal between AT&T and AB Nuvo. Under the deal, AT&T sold about 16% stake in Idea Cellular India to Aditya Birla Nuvo through its holding company AT&T Mauritius. New Cingular Wireless was the holding company of AT&T Mauritius. Later, Tata's acquired AT&T's remaining 16% stake in Idea Cellular India from AT&T Mauritius. AB Nuvo had paid the consideration to AT&T after obtaining a certificate under Section 197 of the I-T Act that tax was not required to be withheld since the India-Mauritius treaty granted tax exemption on capital gains. The revenue's stand is that the tax NoC granted to the Birlas (for remitting the sale amount to the Mauritius company without deducting tax) was not definitive and it was in fact New Cingular Wireless Cellular US (parent company of AT&T Mauritius) that received the actual sales proceeds and not the Mauritius entity.
Tata Industries Ltd. Identifies New Business Opportunities for $71 Billion
Jul 11 11
Tata Industries Ltd. announced that it identifies and nurtures new business opportunities for the $71 billion (over INR 3,000 billion) salt-to-software Tata Group, has zoomed in on a fledgling interest - contractual project management - as the next big idea that can mature into a full-scale enterprise.
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