Tata Steel
Tata Steel Limited (NSE: TATASTEEL, BSE: 500470) (formerly Tata Iron and Steel Company Limited, abbreviated as TISCO) is an Indian multinational steel-making company headquartered in Mumbai, Maharashtra, India, and a subsidiary of the Tata Group. It is the 12th-largest steel producing company in the world, with an annual crude steel capacity of 23.8 million tonnes, and the largest private-sector steel company in India measured by domestic production.
Tata Steel has manufacturing operations in countries including India, China, the United States and the United Kingdom. Its largest plant is located in Jamshedpur, Jharkhand. In August 2007, Tata Steel acquired the UK-based steel maker Corus in what was, to date, the largest international acquisition by an Indian company. Tata Steel is listed on Bombay Stock Exchange and National Stock Exchange of India, and employs about 81,600 people.
Tata Steel is ranked 401st in the 2012 Fortune Global 500 ranking of the world's biggest corporations. It is the eighth most-valuable Indian brand according to an annual survey conducted by Brand Finance and The Economic Times in 2010. It has also been listed as World's most ethical companies by Forbes.
Read more about Tata Steel: History, Operations, Major Competitors, Controversies
Famous quotes containing the word steel:
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—Henry Brooks Adams (1838–1918)