Tata Steel

1907
 
 - The Tata Iron and Steel Company Limited was formed in 1907 at
 Mumbai.
 The Company manufactures rails, fishplates, bars, light structurals,
 heavy structurals, plates, black sheets, galvanised sheets, tin
 bars,
 sleeper bars, sleepers, blooms, billets, sheet bars, wheels, tyres
 and
 axles, skelp and strip, and special steels tools such as picks,
 beaters, hammers and shovels and red-oxide, coal tar, sulphate of
 ammonia, etc.
 
 - Iron and steel are made by the open hearth, duplex electric and a
 combination of these processes, and the steel is rolled into
 finished
 products.
 
 1917
 
 - During the year 1,50,000 equity shares issued at par and 26,250
 deferred shares issued at a premium of Rs.370 per share.
 
 1919
 
 - During the year 7,00,000 second pref. shares of Rs.100 each issued
 at
 par. 6181 second pref. shares forfeited.
 
 1954
 
 - During the year, 8750 defd. shares of Rs.30 each converted into
 292,500 equity shares of Rs.75 each.  642,500 bonus equity shares
 issued in prop. 1:1.
 
 1956
 
 - During the year 12,85,000 right equity shares issued in prop.1:1,
 and
 a premium of 30 per share.
 
 1959
 
 - 12,142 rights share subscribed for 11,524 bonus equity shares
 allotted in prop. 1:1.
 
 1960
 
 - During the year 3,75,000 A IInd pref. & 6,18,372 equity shares
 offered in prop. 1:2 & 1:5. (Arrears: 29,625.)
 
 1961
 
 - During the year 1,330 A, IInd pref. shares and 2,959 No. of equity
 shares were subscribed for.  Arrears Rs.840.
 
 1967
 
 - In March 14,69,722 bonus equity shares issued in prop. 2:5. 
 Arrears
 Rs.136.
 
 1973
 
 - With effect from 1st April, the wholly owned subsidiary, West
 Bokaro
 Ltd., was amalgamated with the company.
 
 1980
 
 - Tata Steel and ACC signed a long-term agreement, valid up to the
 end
 of 1991, whereby the slag from the granulation plant could be taken
 by
 ACC.
 
 1982
 
 - On 19th March, the company approved the proposal to convert the
 company's irredeemable preference shares into redeemable
 non-convertible bonds.  The interest on bonds is payable with effect
 from 1st April, 1983 at half-yearly rests.  Thus bonds of face value
 aggregating Rs 11.40 crores were issued under this scheme.
 
 1983
 
 - During the year Indian Tube Company Limited was amalgamated with
 the
 company.  After the amalgamation, the company produces a wide range
 of
 tubes including seamless and welded quality tubes.  The company also
 makes agricultural implements and alloy steel baring rings.
 
 - As a measure of diversification, the Company agreed to purchase
 the
 bearings manufacturing plant of Metal Box India, Ltd. at Kharagpur as
 a
 going concern with effect from 1st October.
 
 - During the same year, the company acquired the Barings Unit of the
 Metal Box Company of India Limited and is today a leading
 manufacturer
 of Ball and Tapered Roller Bearings with an annual installed
 capacity
 of over 5 million bearings which is being further augmented to 10
 million bearings.
 
 1984
 
 - As a measure of diversification, the company entered into a lease
 agreement with Bihar State Industrial Development Corporation, to
 reopen Kumardhubi Engineering Works Ltd.  For this purpose a new
 company under the name Kumardhubi Metal Castings & Engineering Co.,
 Ltd. was formed.  The company would have a share of 49% and the
 BSIDIC
 would hold 51% in this joint sector company.
  
 - During March-May the company offered 15% non-convertible
 debentures
 for Rs.50 crores as right to raise funds for working capital and
 also
 for capital expenditure.
 
 - The Company decided to accept subscription to the extent of Rs. 75
 crores.  The redemption date for debentures worth Rs 16.09 crores
 was
 extended by seven years from 16th September, 1991 and rate of
 interest
 raised to 16% from 16.9.1991.
 
 1985
 
 - With effect from 1st October, Indian Tube Co. Ltd was amalgamated
 with TISCO.
 
 - In terms of the scheme of amalgamation, the shareholders of ITC
 were
 allotted 72,153 No. of equity shares of TISCO in the proportion of 1
 share of TISCO for every 2 shares of ITC held.
 
 - 72,153 shares issued to members of Indian Tube Co. Ltd., as on
 1.10.1985 on its merger.  9,89,077 shares issued at par on part
 conversion of 13.5% bonds.
 
 1986
 
 - In October, higher recovery of iron-bearing materials from waste
 materials viz., a Rs.18.5 crores waste-recycling plant, was
 commissioned.
 
 1987
 
 - On 2nd March, 300,000 tonne capacity bar and rod mill costing
 about
 Rs.78 crores was commissioned under the second phase of
 modernisation.
 
 - On 11th August, approvals were received for investment of Rs.16
 crores in the Capital of Tata Timken Ltd., a company promoted by
 Tata
 Steel in collaboration with Timken Co. USA, for the manufacture of
 bearings for the automotive industry, industrial machinery and for
 the
 Indian Railways.
 
 - 33,05,147 Bonus shares allotted in August, (prop. 2:5) 40,16,000
 rights shares then issued (prem. Rs 30 per share; prop. 1:3). 
 Another
 2,00,800 shares offered (prem. Rs 350 per share) to the employees
 (including working directors)/workers on equitable basis (only
 50,397
 shares taken up).
 
 1988
 
 - During the period the company, installed a new sinter plant with a
 capacity of 1.3 million tonnes per annum, a new coke over battery
 with
 stamp charging facilities, a raw material bedding a blending yard, a
 high speed bar and rod mill with a capacity of 3,00,000 tonnes per
 annum and facilities to augment captive power generation by 60 MW.
 
 - 75 No. of equity shares out of the rights issue made on August
 1987,
 allotted to employees on 31.8.1988.
 
 - The Company made large scale utilisation of blue dust, normally
 considered a waste material, in sinter making in the steel industry.
      
 - In July, letter of intent was received for the manufacture of 0.30
 million tonnes per annum of ordinary portland cement at
 Nipania/Sonadih
 in the Raipur district of M.P and 1.43 million tonnes per annum of
 Portland Blast furnace slag cement at Jamshedpur.  Technical
 consultancy agreements in respect of this project were signed with
 Holtech India and Holderbank (HMC), Switzerland.
 
 1989
 
 - During the period, civil work commenced on major production and
 supporting facilities such as hot strip mill with a capacity of 1
 million tonnes per annum, a blast furnance and an energy optimising
 furnace.
 
 - The profits were affected by erratic power supply, escalation in
 input costs and heavy interest charges payable on convertible
 debentures.
 
 - During the year, the company issued two series of debentures for a
 total value of Rs.565 crores.  In the Ist series 34,16,667 - 12%
 fully
 convertible debentures of Rs.600 each for a total value of Rs. 205
 crores were offered as follows:
 
 - (i) 32,54,167 debentures to the equity shareholders of the Company
 on
 rights basis in the ratio of 1 debenture for every 5 equity shares
 held
 (all were taken up).
 
 - Additional 4,80,403 debentures were allotted to retain over
 subscription and
 
 - (ii) 1,62,500 debentures to the employees/workers of the Company
 (none were taken up).
 
 - Each debenture of Rs 600 would be automatically and compulsorily
 converted into 1 equity share of Rs 100 at a premium of Rs 500 per
 share as on 1st February, 1990.
 
 - Another 7,722 debentures reserved for allotment to shareholders
 who
 were unable to subscribe for genuine reasons (of these 4,722
 allotment
 to financial institutions and 3,000 reserved for allotment to
 shareholders).
      
 - In IInd series, the company offered 30,00,000 partly convertible
 debentures of Rs.1,200 each along with 4,50,000 debentures permitted
 to
 be retained as over subscription.
 
 - Of these the following debentures were reserved for allotment on a
 preferential basis:
 
 - (i) 7,50,000 debentures along with 1,12,500 debentures permitted
 to
 be retained as oversubscription to shareholders of the Company (all
 were taken up);
 
 - (ii) 1,25,000 debentures along with 18,750 debentures as over
 subscription to employees (only 7,885 debentures taken up);
 
 - (iii) 2,91,667 debentures along with permitted retention of 43,750
 debentures to IFCW (only 2,91,667 debentures taken up) and
 
 - (iv) 10,00,000 debentures to Tata Companies along with permitted
 retention of 1,50,000 debentures (only 10,08,325 debentures taken
 up).
 
 - The balance 8,33,333 debentures along with permitted retention of
 1,25,000 debentures were issued to the public through a prospectus. 
 In
 addition, unsubscribed portion of the preferential quota adding upto
 3,21,290 debentures were also issued to the public (all were taken
 up).
 
 - A portion of Rs 600 of each debenture was automatically and
 compulsorily converted into 1 equity share of Rs 100 of the Company
 at
 a premium of Rs. 500 per share on 1st February 1990.  The
 non-convertible portion of Rs 600 of each debenture would be
 redeemed
 at par on the expiry of 8 years from the date of allotment of
 debentures.
 
 - Severe shortages and wide fluctations in the power supply from the
 DVC coupled with increased requirements of power with the
 commissioning
 of various units under modernisation programme Phase II affected the
 operations of the finishing mills.
 
 1990
 
 - In November, the 80-tonne energy optimising furnace set up with
 Korf
 Technology was commissioned.
 
 1991
 
 - During the year Company acquired a 100% export-oriented
 ferro-chrome
 manufacturing unit of OMC Alloys Ltd. from the Orissa State
 Government
 at a total cost of 156 crores.  It is located at Bammpal, Orissa,
 and
 has a capacity to produce 50,000 tonnes per annum of ferro-chrome.
 
 - The decentralisation of imports and the dismantling of State
 machinery in the said area enabled the Company to make a foray into
 the
 inward trading of steel and steel-related products through the
 formation of a new `Agency department.'
 
 1992
 
 - During March, the new 500 t.p.d oxygen plant was commissioned.  In
 November the new one million tonne capacity `G' blast furnace was
 commissioned.
 
 - During the year company privately placed with UTI, LIC, Army Group
 Insurance Fund and GIC and its subsidiaries 17.5% non-convertible
 debentures worth Rs.185 crores.  These debentures are redeemable at
 a
 premium of 5% at the end of 7 years from the date of allotment of
 the
 debentures.
 
 - During June/July, the company issued 4 to 7 years Secured Premium
 Notes of Rs.300 each as follows: (i) 110,00,000 SPN of Rs 300 each
 to
 the shareholders on the basis of a minimum number of SPNs to each
 shareholders; (ii) 5,50,000 SPN of Rs 300 each to employees'/workers
 of
 the Company on the basis of 5 SPNs to each employee and (iii)
 115,50,000 warrants for subscribing against payment in cash to one
 share per SPNs of Rs. 10 each at a premium of Rs 70 per share
 exercisable between one and a half years from the date of allotment
 of
 SPNs (all the offered SPNs were taken up).
 
 - The principal amount of SPNs of Rs 300 each was to be repaid in 4
 equal annual instalments of Rs 75 each from the end of 4th year to
 the
 end of the 7th year together with an equivalent additional amount of
 Rs
 75 with each installment.
 
 - 920,54,616 rights shares issued (prop. 2:5; prem. Rs 70) in June,
 Another 46,02,731 shares allotted to employees, etc. (prem.  Rs 70
 per
 share).
 
 - Each warrant holder was entitled to be allotted 1 oridinary share
 of
 Rs 10 each at a premium of Rs 70 per share, exercisable in the
 period
 of one and half years from the date of allotment.
 
 1993
 
 - During March, some of the facilities forming part of the one
 million
 tonne per annum strip mill under the modernisation programme. 
 During
 the later half of the year, the one million tonne per annum hot
 strip
 mill was commissioned.  Both the cement units at Sonadih and
 Jojobera
 were commissioned during the year.  The cement grinding unit at
 Jojobera was commisioned.
  
 - On 5th November, 27,72,230 equity shares of Rs. 80 each were
 allotted
 per detachable warrant issued by the company to the holders of SPN.
 Another 15,96,202 ordinary shares of Rs.80 each allotted on exercise
 of
 right under detachable warrants.
 
 - During the third phase, another 67,92,645 shares were allotted on
 exercise of warrants.  For the balance of 3,88,923 detachable
 warrants
 for which option had not been exercised, the option was deemed to
 lapsed except in respect of approx.  12,570 warrants applicable to
 matters which are in dispute and for which the option is deemed to
 be
 kept alive till the settlement of disputes.
 
 - The principal amount of SPN of Rs 300 each is repayable in 4 equal
 installments of Rs 75 each from the end of the 4th year to the end
 of
 7th year, together with an equivalent additional amount of Rs 75
 with
 each installment.
 
 - The Additional payment of Rs 75 per SPN every year, was to be made
 up
 of interest of Rs 30 and Rs 15 and redemption premium of Rs 45 and
 Rs
 60 in the 6th and 7th year respectively.
         
 - During the year the company offered 2.25% convertible bonds due
 1999
 convertible into Global Depository Receipts.  The bonds of the
 aggregate value of US $ 1000,00,000 was to be converted into GDRs
 representing shares at the option of the bondholders at the
 conversion
 price of Rs.291 per GDR from 1st April 1994 to 2nd March 1999.
 
 - 1,88,650 No. of Equity shares underlying the issue of Global
 Depository Receipts arising upon exercise of option attached to
 21.25%
 convertible bonds were issued.  Upto March 31, 1998 bonds worth US $
 19,04,000 were converted into ordinary shares of the company.
    
 1994
 
 - During this period, operations in cement grinding at Jojobera were
 adversely affected by inadequate availability of rakes for clinker
 movement and certain mechanical problem.
    
 - During Feb. the company issued 2 1/4 convertible bonds due 1999
 convetible into Global depositing remple representing one ordinary
 shares of Rs.10 each at an initial conversion rate of Rs.291 per
 share.
 Each bond is in the denomination of US $ 1000.
 
 - The bonds are redeemable at the option of the company: (i) in
 whole
 but not in part at their principal amount together with accrued
 interest if conversion rights shall have been exercised in respect
 of
 95% or (ii) at any time on or after 1st April 1996, in whole or in
 part
 at their principal amount together with accrued interest.
 
 - On 24th May the company allotted 3,00,00,000 naked warrants on
 preferential basis to the Tata Companies and associated entities.
 
 1995
 
 - The company was implementing expansion of the Hot Strip Mill to
 two
 million tonnes per annum and increasing the saleable steel capacity
 to
 3.20 million tonne per annum.  The company proposed to install a bar
 and rod mill of 5,00,000 tonnes per annum capacity and put up a
 facility to produce forging quality Rounds/Squares.
 
 - During the year company had locate a new steel plant a cold
 rolling
 unit at Gopalpur, Orissa with an installed capacity of 1.1 million
 tonnes per annum.
 
 - During the year central govt. had reduced the area under mining
 lease
 at Sukinda to 406 hectors from 1261 hectares.  The company had
 preferred appeals against the decision of the Orissa High Court and
 the
 Supreme Court.  However, the Supreme Court had dismissed the
 company's
 appeals and upheld the judgment of Orissa High Court and the
 decision
 of Central Government.
 
 - 30,018,246 No. of Equity shares allotted to Tata Sons Ltd. and
 their
 associate Companies on exercise of warrants held by them.
  
 1996
 
 - Production at the hot strip mill at 1.04 million tonnes exceeded
 its
 rated capacity and as a measure of cost reduction, coal tar
 injection
 was introduced in `A' and `B' blast furnaces.
      
 - 15,517 shares allotted on exercise of warrants of SPN.
 
 1997
 
 - The second Slab Reheating Furnace, Phase IV, was commissioned on
 31st
 December.  The new Coke Oven Battery No.8 with a capacity of 0.5
 million tonnes per annum, was lit up on 24th March, 1998.
 
 - On the 16th June, the Company opened a new 260 metre two-lane dual
 carriage bridge named after Jaiprakash Narain.  The new bridge
 provides
 a relief to residents and industries in Jamshedpur industrial area
 which for the past 3 decades had to depend on the National highway
 which had all along been congested.
 
 - The company also built up a transport park to accommodate 425
 trucks
 and trailors with facilities for the stay and comfort of the drivers
 to
 avoid pollution the company built a mini forest there to screen it
 off
 from the surrounding areas and thereby maintaining the greening of
 the
 city.
 
 - The company has provided new facilities like Jeevan Jyoti clinics
 in the slum oriented area of Bagan in Jamshedpur.  Also a special
 Family life and value education programmes were launched in Patna.
 
 - Tata Steel's international trading division was awarded the
 prestigious ISO-9002 certification by the Indian Register Quality
 Systems (IRQS).
 
 - Tata Steel has bagged the Prime Minister's trophy for the best
 performing integrated steel plant for 1994-95.
        
 - Tata Steel won 53 prizes on the final day of the 34th annual mines
 safety week celebrations at Meghataburu in West Singhbhum district. 
 It
 also won seven prizes in different categories at the annual mines
 safety week celebration of Karnataka region.
        
 - Tata Iron and Steel Company (Tisco) has entered into technical
 tie-ups with two German companies - Lurgi Metallurgie and Thyssen.
 
 - Tata Iron & Steel Company (Tisco) and Inland Steel Industries Inc
 of
 the US have joined hands to float a 50:50 joint venture company
 called
 Tata Ryerson Ltd to supply processed steel directly to end-users. 
 
 - Tata Sons chairman Ratan N Tata and Inland Steel chairman,
 president
 and CEO, Inland Steel Robert J Darnall signed the joint venture
 agreement.
  
 - The Tata Iron and Steel company has entered into an agreement with
 the National Securities Depository Ltd., for dematerialising its
 shares.  With this, Tisco has become the first Tata group company to
 enter the depository.
 
 - Tinplate's recently commissioned cold rolling mill will face
 serious
 competition from Tisco's proposed CRM.
 	  
 - Tata Steel, the country's largest steelmaker, has taken over the
 operations of a slag granulation plant of ACC, India's largest
 cement
 manufacturer.
 
 - The steel Authority of India Limited and consultants Inc of the US
 have signed an agreement for jointly providing technical consultancy
 to
 the TISCO.
 
 1998
 
 - During the year it was proposed to set up a cold rolling mill at
 the
 company's works in Jamshedpur to add value to current product
 mix-up.
 Letters of intent for most of the major equipment, foreign and
 indigenous were placed.  Nippon Steel were appointed as technology
 consultants for the project.
 
 - Tata Iron and Steel Company Ltd has entered into an agreement with
 the city-based Internet company Vedika Software Ltd.  According to
 the
 terms of the agreement, India On Internet developed by Vedika will
 host
 Tisco on the Internet.
 
 - Tata Iron & Steel Co became the world's largest producer of
 stamp-charged coke on 24th March.
 
 - As of March 31, 1998, 7,37,99,584 ordinary shares of the company
 have
 been dematerialised.
 
 - Tisco is acquiring the cold rolled steel unit of Rs 776 crore Tata
 SSL Ltd in Tarapur, Maharashtra.
 
 1999
 
 - Tata Steel has achieved a record performance in all areas of
 production for the first nine months (April to December 1998-99) of
 the
 current financial year, despite the gloomy scenario in the steel
 sector.
 
 - The annual general meeting (AGM) of Tata Steel shareholders today
 accorded its approval to the board to issue and offer cumulative
 redeemable preference shares of the face value of Rs 100 each for an
 aggregate value not exceeding Rs 250 crore in one or more tranches.
        
 - Tata Iron & Steel Company (Tisco) is evaluating a possible
 acquisition of the ferro chrome and chrome conversion plant promoted
 by
 state-owned Industrial Development Corporation of Orissa Ltd (IDCOL).
 
 
 2000
 
 - Tata Steel is in talks with Usinor of France, one of the world's
 largest steel manufacturers, to jointly bid for Steel Authority of
 India's (SAIL) Salem Steel Plant.
 
 - The Tata Iron and Steel Company (Tisco) has introduced a pilot
 freight rationalisation project in the eastern region in line with
 the
 recommendations of global consultants Booz Allen.
 
 - Tata Steel has been awarded the All-India Trophy for Top Exporters
 in
 the category of Manufacturing Units.
 
 - The Company is expanding into chrome ore and ferro chrome
 production
 as an area of growth and plans to produce 2,00,000 tonnes of high
 carbon ferro chrome during 2000-01.
 
 - Tata Steel, the flagship of the Tata group, has entered into an
 understanding with Tata International to export 30 per cent of the
 production at the steel major's new 1.2 million tonne cold rolling
 in
 Jamshedpur.
 
 - The Steel Division of the Tata Iron and Steel Company Ltd. (Tata
 steel) has won the `JRD QV Award' for 2000, the highest recognition
 of
 total quality within the Tata Group.
 
 - Tata Steel has tied up with the POSCO-Hyundai steel processing
 venture located in Chennai for getting its cold rolled coils
 processed.
 
 - The Company has incorporated the first phase of mySAP.com, the
 collaborative Internet business model, to strengthen customer
 relationship.
 
 - Tata Steel commissioned its fifth stamp charged coke oven battery
 at
 its coke plant-2.
 
 - Private sector steel majors Tisco, Kalyani Steel and the public
 sector Steel Authority of India are all set to form a three-way
 joint
 venture for undertaking e-commerce activities in the steel sector.
 
 - IBM India and Tata Steel have signed an IT agreement by which Tata
 Steel will outsource its IT requirements from IBM India.
 
 - Stewarts and Lloyds of India Ltd. a subsidiary of Tata Steel, has
 set
 up a propane handling/bottling plant for Tata Steel at Jamshedpur on
 build, own, operate and transfer basis.
 
 - The Company has informed that, Steel Authority of India, Tata
 Steel
 and Kalyani Steel have signed MoU for creation of Internet based,
 global, independent B2B steel marketplace.
 
 - Tata Steel has bagged the Prime Minister's trophy for the best
 performing steel plant for the year 1998-99.
  
 - Tata Steel bagged the coveted CII-Exim Bank award for Business
 Excellence for 2000.
 
 - Tata Steel has launched its latest branded steel product -- Tata
 Tiscon - a speciality construction grade steel which will be
 available
 in the retail market.
 
 - Credit Rating and Investment Services of India Ltd. has placed the
 Rs
 26.42 crore non-convertible debenture programme of the company on a
 rating watch with positive implications.
 
 2001
 
 - Tata Iron and Steel Company Ltd. is the recipient of National
 Award
 for Excellence in Corporate Governance for the year 2000.
 
 - Tata SSL has become a subsidiary of Tata Iron and Steel Company,
 following a successful open offer to the shareholders of TSSL.
 
 - Tata Steel has emerged as the world's leading steel maker in a
 study
 carried out by World Steel Dynamics (WSD). The company has been
 ranked
 at the top among 12 companies WSD has identified as world class
 steel
 makers, Dr J.J. Irani, Managing Director, Tata Steel said at a news
 conference on July 18.
 
 - Tata Steel is setting up a joint venture with IQ Martrade Holding
 Und
 Management of Germany to facilitate efficient handling of cargoes
 and
 provide the full gamut of port management at various ports in India.
 
 - Tata Steel has increased its price of hot rolled (HR) and cold
 rolled
 (CR) galvanised products by Rs 500 per tonne with effect from October
 1
 
 2002
 
 - TATA Steel's Noamundi Iron Mine (NIM) has been given away the
 Indira Priyadarshini Vrikshamitra Award 2000 instituted by the
 National Afforestation & Eco-Development Board under the Union
 Ministry of Environment and Forests. NIM is one of the biggest and
 fully mechanised iron ores in the newly formed State of Jharkhand.
 NIM is supplying high-grade iron ore to Tata Steel's Jamshedpur
 plant. NIM was incorporated in 1925.
 
 -Tata Iron & Steel Company Ltd has informed BSE that Mr S A Sabavala
 has resigned from the Board of the Company w e f October 01, 2002.
 
 -Tata Iron and Steel Company Ltd has informed that on his demise on
 October 28, 2002, Mr Mantosh Sondhi has ceased to be a Director of
 the company.
 
 
 2003
 -Tata Iron & Steel co. Ltd. entered in to a power distribution
 business. Tisco has began distributing power in Jamshedpur.
 
 -Tisco gets lenders proposal to acquire Neelachal Ispat Nigam Limited
 (NINL)
 
 -Tata Steel signed an agreement with its consortium partners for
 setting up its titania project in Tamil Nadu.
 
 -Tata Steel has been awarded Engineering Export Promotion Council
 National Award for outstanding export performance for the year
 2000-2001, sponsored by ministry of commerce, govt of India.
 
 -Tata Steel's mines division as well as its ferro alloys & mineral
 division (FAMD) have bagged 24 awards in group events and 21 in
 individual events in the different categories of safety competitions
 
 -The Tatas have appointed Rajeev Dubey, who had to quit as managing
 director of agrochemical major Rallis India following heavy losses
 during the last financial year, as advisor to Tata Steel managing
 director B Muthuraman.
 
 -Tata Steel records good performance on advance tax payment talks
 
 -Praxair, the Bangalore-based industrial gases supplier, has bagged
 an order from Tata Steel for setting up a facility for on-site supply
 of oxygen, nitrogen and argon. The company would build an air
 separation plant with control systems adjacent to Tata Steel's works
 at Jamshedpur.
 
 2004
 
 -Tata Steel April-Dec output of crude & saleable steel over 3 million
 tonnes
 
 -Tata Steel gets Petroleum Conservation Research Association award
 for energy conservation
 
 -Tata Steel breaks JV with Veolia Water
 
 -Swosti group takes over Tisco property at Gopalpur
 
 --Metaljunction (MJ)- the online trading and procurement joint
 venture of Tata Steel and Steel Authority of India (SAIL)- has roped
 in UTI Bank to start off own equipment for Tata Steel.
 
 -The flat products division of Tata Iron & Steel Company Ltd (Tisco)
 was awarded the ISO/TS 16949 certification on March 30
 
 -Jamshedpur Utility and Services Company (Jusco), a wholly owned
 subsidiary of Tata Steel, has tied up with Canadian Minnaean Building
 Solutions for using its patent on high gauge steel-based housing and
 construction
 
 -Tata Steel's Ferro Alloys & Minerals Division (FAMD) and Bearing
 Division received the CII award for 'Significant Improvement in
 Productivity' for 2003-2004.
 
 -Solid Energy, New Zealand's largest producer, distributor and
 exporter of coal, will be supplying high quality coking coal to Tata
 Steel.  Solid Energy recently signed a three-year contract with Tata
 Steel for supplying high-grade coking coal
 
 -Tata Iron and Steel Company Ltd (Tisco) have signed a barter
 agreement with one of China's top trading companies to exchange its
 iron ore for coke
 
 - Tata Steel ranked among global companies in the world's most
 respected companies survey, 2003 for corporate social responsibility
 
 -Tata Steel's Sukinda Chromite Mine in Orissa has been conferred the
 SA: 8000:2001 certification conferred by the Social Accountability
 International (SAI), USA.
 
 -R&D team conferred the 'Technology Day Meritorious Invention Award'
 by the National Research & Development Corp (NRDC)
 
 -Tata Steel launched Wiron, a branded galvanised wire, aiming at a
 sales target of three lakh tonnes
 
 -Tata Steel, country's largest integrated steel producer in private
 sector announced a partnership with SAP India for offering business
 software solutions for the industry
 
 -Tata Iron & Steel Company Ltd has informed that with effect from
 August 01, 2004, Mr Koushik Chatterjee has been appointed as Vice
 President Finance
 
 -Tata Steel buys Singapore’s NatSteel
 
 -Tata Steel and Larsen & Toubro (L&T) signs definitive agreement to
 form a 50:50 joint venture for setting up a port at Dhamra in Orissa
 on October 29, 2004.
 
 2005
 
 -Tata Iron and Steel Company Ltd signs Joint Venture Agreements with
 Iranian Mines and Mining Industries Development and Renovation
 Organization to join them in proposed steel-making projects and
 mining operations in Iran.
 
 -Tata Steel has signed a memorandum of understanding with Nippon
 Steel Corporation of Japan for its proposed 6 million tonne per annum
 steel plant in Kalinganagar, in Jajpur district of Orissa
 
 -Hoogly Met Coke and Power Co Ltd, a joint venture between Tata Steel
 and West Bengal Industrial Development Corporation, has been allotted
 180 acres of land for its proposed metallurgical coke and power plant
 project at Haldia.
 
 -Tata Steel sets up steel retail store Steeljunction
 
 2006
 
 -Tata steel sets up Jiggling and hydro-cyclone plant
 
 -Tisco establishes processing unit at Noamundi mine
 
 -Tata Steel signs JV Agreement with Tata Power to set up captive
 power plants.
 
 2007
 
 -Tata Steel enters into Share Purchase Agreement with Rawmet Ferrous
 Industries.
 
 -Tata Steel completes £6.2bn acquisition of Corus Group plc.
 
 - Tata Steel signs MOU with Vietnam Steel Corporation for the
 proposed steel project in Ha Tinh province in Vietnam.
 
 -On August 03, 2007, the Tata Steel Ltd and Riversdale Mining Ltd.
 have entered into a Memorandum of Understanding, whereby the Company
 will become a strategic investor in Riversdale's Mozambique Coal
 Project, by acquiring 35% stake in it for a sum of A$ 100 million.