TATA MEDIA

ROOM:-

1.MEDIA RELEASES

2.MEDIA REPORTS

1.MEDIA RELEASES

TCS POSITIONED AS A LEADER IN EVEREST GROUP’S CAPITAL MARKET BPO

PEAK MATRIX REPORT

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization, announced that it has been positioned as a ‘leader’ in Everest Group’s Capital Markets BPO – Service Provider Landscape with PEAK Matrix™ Assessment 2013.Everest analyzed the position of 13 service providers using the Everest Group’s Performance Experience Ability Knowledge (PEAK) Matrix for capital market BPO. The PEAK Matrix framework assesses the achievements and overall capability of service providers across multiple dimensions including market success, scale, scope, technology capability, delivery footprint and client satisfaction. Service providers are divided into three categories based on performance: leaders, major contenders and emerging players. TCS’s designation as a ‘leader’ is a result of its overall composite score based on the company’s significant delivery capabilities coupled with market success.

Tata Steel to begin fourth trial of breakthrough iron-making technology

Tata Steel is to begin a fourth test production campaign on the HIsarna pilot plant at its IJmuiden works in the Netherlands. The trial is scheduled to start mid-May and last for around six weeks.HIsarna is a new technology, partly developed in IJmuiden, which enables the direct input of coal and fine iron ore into the iron-making furnace. The technology saves energy consumption by eliminating two of the key raw material processing stages in blast furnace ironmaking: coking (the production of coke from coal) and sintering (the agglomeration of fine iron ore). Should the HIsarna technology prove technically and commercially viable, the elimination of these processing steps could reduce the emission of carbon dioxide from conventional ironmaking by 20 percent.

Rallis India and Star Bazaar join hands

Rallis India, a Tata enterprise and one of India’s leading crop care companies with the largest farmers’ network, joined hands with Star Bazaar, also a Tata enterprise, and announced the launch of farm-fresh ‘Rallis – Star Bazaar Grapes’. These packaged export-quality grapes have been launched with an objective to offer healthy and safe produce to consumers and are sourced through Rallis India’s ‘Samrudh Krishi’ initiative. ‘Rallis – Star Bazaar Grapes’ are retailed by Star Bazaar at all their outlets in Mumbai and Pune, and are priced at Rs115 for 1 kg and Rs65 for 500 gm. These branded and packaged grapes are certified by the Agricultural and Processed Food Products Export Development Authority (APEDA), a government body established to fix standards and specifications for products that are meant for exports.

TCS recognised as the world's fastest growing global IT services brand

Brand valuation increases 58 percent in 2013-14, with the TCS brand being valued at US$8.2 billionTata Consultancy Services (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organisation, has been recognised as the fastest growing IT services brand globally by Brand Finance, the world’s leading brand valuation firm. Brand Finance assesses the dollar value of the reputation, image and intellectual property of the world’s leading companies. Brand Finance’s brand valuations are frequently peer-reviewed by top audit practices, accepted by various regulatory bodies and used by leading global brands as a performance benchmark.The annual report ranks TCS as the fastest growing brand within the IT services sector, with the company’s overall brand value increasing by US$3.04 billion in 2013, a growth rate of 58 percent year-on-year. It represents a quadrupling of its brand value, which stood at US$2.3 billion four years ago in 2010. TCS’s total brand value now stands at US$8.2 billion, ranking it among the industry’s top four brands for the second consecutive year. Brand Finance has also awarded the TCS brand a rating of AA+, the top rating in the industry.

Tata Global Beverages and the Tata group release 10-point women's

manifestoAhead of the 2014 general elections, Tata Global Beverages and the Tata group released a 10-point ‘Voice of 49%’ women’s manifesto, aggregating issues raised by more than a million women from across India. The manifesto, an outcome of the ‘Power of 49’ campaign, aims at giving a voice to the women of India to be heard in the political discourse of the country. The key issues that have emerged in the manifesto are broadly focused around the themes of violence, safety, health and education.The Power of 49 campaign was launched by Tata Global Beverages, through their social awakening platform Jaago Re, and the Tata group in August 2013 with the objective of creating a more awakened and informed female electorate, who constitute 49 percent of the world’s largest democracy. The issues that have emerged as a result of this campaign were studied and debated in depth by 14 experts led by the editorial team of CNN-IBN, who put together this 10-point Voice of 49% manifesto, to be presented and discussed with political parties in an attempt to encourage them to integrate it into their political agenda.

Tata Power organises free medical camp for workmen at Kalinganagar, Odisha

More than 90 patients avail free medical services and treatmentTata Power, one of India's largest integrated power companies, has been at the forefront of improving the quality of life of the communities that live in and around its area of operations. In line with this philosophy and to provide quality health care, Tata Power organised a free medical camp for the well-being of its workmen at Kalinganagar.The objective of this camp was to create awareness and provide better health care facilities. More than 90 patients received free consultation from Mahesh Lal, senior medical officer, Kalinganagar. The doctor examined the patients and treated cases of skin diseases, fungal infection, scabies, itching body, acidity, cough, cold, flu, viral fever, joint pain/back pain, conjunctivitis and common deficiencies such as anemia. The prescribed medicines were then distributed free post-consultation.Commenting on this initiative, Purushottam Thakur, head of Oodisha projects, Tata Power, said, “At Tata Power, it is our endeavour to continuously improve the quality of life of our communities through such health camps and drives. We firmly believe that the workmen are our major asset and their well-being and health is one of the top priorities for the company. We would take this opportunity to thank the team for organising such camps for the betterment of society.”Along with Dr Lal, representatives from the first aid centre team, HR/IR/administration and the safety department also participated in the camp.

2.MEDIA REPORTS

White-label ATMs from Tata group

Tata Communications Payment Solutions, which is the first Indian company to start rolling out white-label ATMs, is targeting to open 15,000 such ATMs across the country by June 2016 under Indicash brand, it said here on Monday. The company, which rolled out the first Indicash ATM in June 2013, has already established 1,000 owned ATMs, and 65 per cent of these are located in towns and villages with less than one lakh population. The ratio is just opposite of the average of the country that has about 1.55 lakh ATMs.

Federal Bank is the sponsor bank for Tata Communications Payment Solutions white-label ATMs, and the company is negotiating with other banks for such arrangements.

India is an under-penetrated ATM market with only 98 ATMs for every 10 lakh of population.

Tata Motors to invest Rs 1,500 cr on new trucks, buses in FY15

Tata Motors plans to invest up to Rs 1,500 crore in the next financial year to develop new products and technologies for its commercial vehicle segment, which has faced a prolonged slowdown in sales.

The company, which saw its domestic commercial vehicle sales drop 49 per cent to 23,990 units last month, plans to use the funds to strengthen its product portfolio.

"Our capex during a year generally ranges between Rs 1,200-1,500 crore. We plan to spend around the same amount during the next fiscal as well," Tata Motors Executive Director Commercial Vehicles Ravi Pisharody told PTI.

The money would be spent on developing new products, designs and technology, he added. Pisharody ruled out investments on capacity expansion during 2014-15

Titan may buy spectacles frames from Vietnam

Titan plans to shift a part of the frames it imports from China for its eyewear business to South East Asian countries as it is proving to be a tad too expensive.

The listed unit of the $97 billion (Rs 5.9 lakh crore) Tata Group may buy these frames this year. "In the coming 12 months, the company is exploring various options from exploring low cost countries like Vietnam to partnering with its trusted vendors and large frame manufacturers globally," S Ravi Kant, chief executive officer, Eyewear Business at Titan.

Tanishq to expand retail presence with new format jewellery stores

Jewellery retailer expects double digit growth in FY14Jewellery retail chain Tanishq has launched a new and bigger format jewellery store in Hyderabad and outlined plans to expand its retail network by another 20 stores this year.The retail chain, part of Titan Company Ltd, currently operates 163 stores across the country with southern cities of Chennai, Hyderabad and Bangalore accounting for big volumes.Sandeep Kulhalli, Senior Vice President-Retail and Marketing, Jewellery Division, Titan Company said, “There is growing preference among youngsters in particular for branded jewellery. Modern jewellery retailing is all about providing customers with shopping experience with a world class retail ambience, personal interaction and quality products.”South India is a big market for gold jewellery and Tamil Nadu alone accounts for about 40 per cent of the total gold jewellery business in the country, Sandeep Kulhallitold Business Line.The new showroom located in the posh Banjara Hills offers a wide repertoire of designs and provides customers jewellery purchase schemes like the Tanishq Golden Harvest Scheme and Swarnanidhi.

Tata AIG General sees 13% growth in premium in FY14

Private general insurer Tata AIG is eyeing around 13 per cent growth in premium in the current financial year and hopes of posting underwriting profit during this period.

"The general insurance industry reflects the trend in the general economy. We have grown around 13 per cent in premium terms till now and hope to end this fiscal with the same rate of growth," Tata AIG General Insurance Chief Executive Kaushal K Mishra told PTI in an interaction today.