Article Abstract:
Ratan Tata, chairman of the Tata group holding company since 1991, discusses the future of the giant Indian conglomerate. He is willing to divest the group of some of its holdings, a move necessitated by the opening of India to foreign competition. He plans to make Tata Sons a true holding company rather than just an investment company, and hopes to boost the group's equity by concentrating its resources. He believes that partnerships with foreign companies require the proper chemistry between the participants.
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Article Abstract:
The Jan 5, 1995, announcement of a transfer of nuclear fuel from China to India highlights the growing ties between the two nations following a 1993 high-level visit. The fuel will help power the Tarapur plant near Bombay, which operates under international auspices. Most of India's plants use unenriched uranium that can be reprocessed to make plutonium for atomic weapons, and are not subject to international controls. The transfer took place a few days before US Defense Secretary William Perry's visit.
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Article Abstract:
The progress of India's venerable conglomerate, dealing in a wide range of products under the chairmanship of Ratan Tata, is discussed. While leading a 136-year-old Tata group, Ratan Tata hopes to bring together the different companies that are part of the group, but are moving in different directions, in reality, and expresses his loyalty towards the Tata group of companies as a whole.
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