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India's industrial heritage cannot be separated from the Tata name. The company's founder, J.N. Tata, was a nationalist driven by the idea of a strong, self-reliant India. He gave the country its first steel mill, first hydroelectric plant, first textile mill, first shipping line, first cement factory and even its first world-class hotel. His successors--among them J.R.D. Tata, India's first pilot--created the first airline, first motor company, first bank and first chemical plant. And much like H.J. Heinz in the U.S., J.N. Tata attached social welfare to his business. Tata Steel introduced...
Tata says the company's success proves his approach is good business as well as good karma. "We are not in anything for charity." The company is not free from controversy. In January, Tata Steel's plans to build a mill in the eastern state of Orissa went tragically awry when police fired on protesters who accused the state government--acting as a broker in the development--of making a profit on the sale of their land. Twelve people were killed. But to lay off 40,000 employees in Jamshedpur, Tata Steel offered to pay their salaries until retirement along...
...strategy for containing her losses in more conservative rural areas, and partly thanks to widespread voter discontent with the war in Iraq and the policies of President Bush. McCaskill campaigned hard outside of the Democrats urban strongholds: She launched her campaign at her family's old feed mill in the town of Houston, population 1,992, and she campaigned intensively in such conservative strongholds as Springfield and St. Charles County. And the gamble appears to have paid off, holding down Talent's margin of victory to a slim 53% in conservative Greene County, where he needed to do much better...
Hell, even Billy Joel got in on the act with his trumped-out prole anthems “Allentown” and “The Downeaster Alexa,” conjuring up infinitely absurd images of Joel working in a steel mill, or relying on “the rod and the reel” to feed his family. Predating the Killers’ similar appropriation by several decades, Joel’s irony may have been unintended, but the best of the genre, and its musical ancestors, relied on a self-conscious tension between catchiness and acerbity...
...anything for charity." Lest this all sounds too good to be true, the group is not free from controversy. In 2001, Tata Finance sacked its managing director and five other senior managers over alleged financial irregularities. In January, Tata Steel's plans to build a mill in the eastern state of Orissa went tragically awry when police fired on protesters who were accusing the state government - acting as a broker in the development - of making profits on the sale of their land. Twelve were killed. But to shed 40,000 employees at Jamshedpur, Tata Steel offered to pay their current...