Word: jamsetji
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...first bid for French steel maker Arcelor last year, the company's French CEO said he was horrified by the idea of an Indian taking over, likening Mittal Steel to eau de Cologne and Arcelor to perfume. Within months, Mittal had won out. A century earlier, when Tata founder Jamsetji Tata suggested making steel for the colonial railway system, a British administrator dismissed the idea with barely concealed contempt. Earlier this year, Tata paid almost $14 billion to buy Corus, British Steel's successor. The moral of that story is not lost on India's corporate captains. They say that...
...pairing will give Corus access to cheaper steel while handing new markets and know-how to Tata. Says Rothschild's Bhandarkar: "Other Indian groups look at things opportunistically. Tata is the only one with an international strategy." An eye for strategy clearly runs in the family. Group founder Jamsetji Nusserwanji Tata knew how to turn a profit. But J.N. also had a patrician vision of spreading wealth and lifting a nation. In a 1902 letter to his son about building a workers' city around his Tata Steel works, he deplored the squalor of industrial England and anticipated what would become...
...Parsi trader from Bombay, group founder Jamsetji Nusserwanji Tata knew how to turn a profit. But J.N. also had a patrician vision of spreading wealth and lifting a nation. In a 1902 letter to his son about building a workers' city around his Tata Steel works, he deplored the squalor of industrial England and anticipated what would become a standard for urban planning: "Be sure to lay wide streets planted with shady trees, every other of a quick-growing variety. Be sure that there is plenty of space for lawns and gardens." After his death in 1904, the city took...
...steelmen and to all Indians (except Communists), Tata symbolizes one of the world's great success stories. The founder of the family fortunes was Jamsetji Tata (1839-1904), son of a Bombay merchant. Jamsetji went to England to study industrial techniques, went back to India and started a cotton mill. The mill grew into other enterprises. To cap his lifework, Jamsetji dreamed of starting an iron and steel mill. He died before his plans could be carried out, but three years later, in 1907, his sons started such a mill. Informed of their plans, Sir Frederick Upcott, chairman...
Last week's match was a contest to determine a new world champion. Last world champion was Charles Williams of the Chicago Racquet Club who won the title from J. Jamsetji of Bombay in 1911 lost it to Jock Soutar of Philadelphia 1913, won it back in 1929, held it until his death in 1935. Setzler, son of a Buffalo corset salesman, was apprenticed to his father's friend, George Standing, longtime New York Racquet Club professional, in 1920. Last year, at 31, he won the U. S.open championship against socialite experts like Clarence Pell, Stanley G. Mortimer...
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