The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
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Ahluwalia: Tata acquired 60%+ of BigBasket for $1B+ and revalued at $3B
“For example, with big basket, right? They bought 60% plus stake for one billion plus, and now they valued the company again in a refinancing at three billion.”
Ratan Tata Made Tata Companies Earn Brand Usage Through Conduct Codes
“He put in place what is now called the BBP, the Brand Equity and Business Promotion Program. And companies had to sign on to be able to use the Tata brand. And if they wish to use the Tata brand, they had to commit to the Tata business excellence model, and th…”
Ratan Tata Mandated Business Excellence Assessments Across All Tata Group Companies
“So he established what was called the GRDQV program, which later became the Tata Business Excellence Model, which required companies of the Tata Group to go through what is called a Tata Business Excellence Model Assessment. Where each company of the group is …”
J.R.D. Tata Persuaded Ratan Tata to Reject IBM For Tata Group
“And when he came to India, he had a job offer from IBM at that time. But then J.R.D. Tata, who was the chairman of the Tata Group at that time, persuaded Ratan Tata to join the Tata Group.”
Tata Group Revenues Grew From $6B to $100B Under Ratan Tata
“During the 20 years that he was the chairman of the Tata group, the revenues of the group grew from six billion US dollars to hundred billion US dollars.”
Ganesh: Tata owns 66% of BigBasket with 33% held by founders and investors
“Tata's now own 66% balance. 33% is held by us, by founders and by as I send capital a bit and much later stage investors.”
Bhat: Tata Group's acquisitions of JLR, Corus, Tetley were unprecedented in India
“He himself led the globalization of the group, the acquisition of global brands such as Jaguar Land Rover, Chorus. Tetley. Those were global acquisitions which, ah, you know, Where pioneering acquisitions had never happened before that in the history of India.”
Tata Trusts own more than 66% of Tata Sons equity
“And until now, more than 66% of the equity of Tata Sons, the holding company of the Tata group, is owned by the Tata Trusts.”
British Chief Engineer scoffed he would eat any steel Tatas produced
“The chief engineer of the British Railways at that time was a gentleman called Sir Frederick Upcott. And he notably said, he said, oh, do you think the Tatas will make their own steel? He said, if the Tatas make their own steel, I will eat every pound of it.”
Harish Bhat: Average Fortune 500 company lifespan is 40 years and declining
“The average age of a Fortune 500 company today is 40 years and it's declining, which means in 40 years time, an organization grows, plateaus, and then starts declining.”
Jamsetji Tata Conceived Four Historic Firsts in Indian Industry and Education
“He built, he conceived of India's first integrated steel plant. He conceived of India's first University of Higher Education in Science, which is in this very city, Bangalore, in the Institute of Science. He conceived of India's first major hydroelectric proje…”
Bhat: Tata Charitable Trusts own 66% of Tata Sons
“So until now, we are 66%, the Tata Group is 66% owned by the Tata Charitable Trust, which means when Tata Sons issues a dividend out of the profits that it makes, 66% goes back to the Tata Trust”
Bhat: Bombay House maintains a ground-floor kennel for stray dogs
“So that's why, you know, Bombay house until today has a kennel for dogs on the ground floor.”
Ahluwalia: Tata Group typically buys 60-70% of acquisition targets, retaining founders
“For example, the Tata Group acquired, the Tata consumer acquired One MG, which is a digital pharmacy business, and they never do a hundred percent acquisition. They do 60, 70% acquisition. And let the 30% remain with the founders so that the founders can see t…”