India's Tata Group
India's Tata Group
India's largest conglomerate Tata Group named veteran insider Natarajan Chandrasekaran as the new chairman of its holding company Tata Sons, looking to soothe investors after a bruising public spat over the ouster of his predecessor, Cyrus Mistry.
Note: Mistry family's share holding also includes another 0.03 percent, which belongs to Pallonji Shapoorji Mistry.
Subsidiaries
The Tata Group comprises over 100 operating companies, below are the 12 largest listed in order of market value. Revenue data is shown as year-on-year change since fiscal year 2012, several months before Cyrus Mistry was named as the chairman of Tata Group.
TCS
Market cap: $71.27 billion
Tata Sons ownership: 73.28%
Revenue
Tata Motors
Market cap: $25.12 billion
Tata Sons ownership: 32.45%
Revenue
Tata Steel
Market cap: $5.77 billion
Tata Sons ownership: 31.08%
Revenue
Titan
Market cap: $4.9 billion
Tata Sons ownership: 27.88%
Revenue
Tata Power
Market cap: $3.22 billion
Tata Sons ownership: 32.75%
Revenue
Tata Communications
Market cap: $2.67 billion
Tata Sons ownership: 48.87%
Revenue
Tata Chemicals
Market cap: $2.06 billion
Tata Sons ownership: 30.59%
Revenue
Voltas
Market cap: $1.89 billion
Tata Sons ownership: 30.3%
Revenue
Indian Hotels Co
Market cap: $1.7 billion
Tata Sons ownership: 30.49%
Revenue
Tata Global Beverages
Market cap: $1.3 billion
Tata Sons ownership: 34.29%
Revenue
Tata Elxsi
Market cap: $577.09 million
Tata Sons ownership: 44.63%
Revenue
Tata Teleservices
Market cap: $200.31 million
Tata Sons ownership: 63.14%
Revenue
Note: Indian fiscal year runs from April 1 to March 31 the next year.
Stock performance
Tata Group companies vs Nifty 50 Index
Tata Steel
Stock price change since Dec. 29, 2012 when Mistry was named as chairman of Tata Sons
Tata Motors
Tata Power
Tata Consultancy Services
Sources: Thomson Reuters; company filings
By Jin Wu, Simon Scarr | REUTERS GRAPHICS