Mr Agrawal completed his undergraduate degree in Chemical Engineering from IIT Roorkee and has a post graduate management degree from IIM Kolkata. [24], In 2020, Tata Group has donated 1500 crores to PM Cares Fund to fight against COVID-19 pandemic in India.[25]. 2019: Brussels blocked the proposed merger in June 2019, indicating that the tie-up between Germany's Thyssenkrupp and India's Tata Steel would diminish competition and lead to higher prices. Tata NYK was established in 2007 to meet the bulk carrier needs of the growing sea trade of Tata Companies and the Indian market and its area of services included dry bulk ship owning, operating and chartering with vessel portfolio of Capesize, Panamax and Supramax vessels. He is the co-chair of the FICCI Mining Sub-Committee and the FICCI National Sports committee. His current responsibilities include sourcing of strategic raw materials (Coal, Coke and Iron ore), Industrial gases and IT for Tata Steel Group and general procurement of Tata Steel India. It also included two distribution centres in China. Appointed as the Interim Chairman of Tata Steel from November 25, 2016 before Mr N Chandrasekaran took over, Mr O P Bhatt has been the Chairman, State Bank Group - which includes the State Bank of India, five associate banks in India, five overseas banks, SBI Life, SBI Capital Markets, SBI Fund Management; and other subsidiaries. Mr Paul is an avid reader, keen cricketer and a golfer. The enterprise value for the acquisition was $41 million. The company's steel-making and finishing facilities have the capacity to produce nearly 20.6 million tons of crude steel a year. An electrical engineer by qualification, he joined Tata Steel in Jamshedpur as a Graduate Trainee in 1986, after graduating from Institute of Technology BHU, Varanasi. 2019: Tata Steel announced in October 2019 that it was to close the Orb Electrical Steels plant in Newport, with the loss of 380 jobs. He is a frequent speaker in various conferences in India and abroad and has been recognised as one of India’s best CFO by several organisations like Business Today Magazine, CNBC, Asiamoney, Chartered Institute of Management Accountants UK. Board of Directors, Ms Mallika Srinivasan, Mr O P Bhatt, Mr Aman Mehta, Mr Deepak Kapoor, Mr D K Mehrotra, Mr Saurabh Agrawal, Mr Koushik Chatterjee, Mr T V Narendran 2007: Tata Steel wins bid for Corus against Brazil's. Police retribution was brutal: 37 protesters were injured and 13 killed, including 3 women and a 13-year-old boy. 2010: Partial mothballing begins at Tata's, 2011: Tata Steel's Teesside Cast Products (. [35][36] [23] On 19 November 2006, the Brazilian steel company Companhia Siderúrgica Nacional (CSN) launched a counter offer for Corus at 475 pence per share, valuing it at £4.5 billion. The CSR Committee recommends the Annual Business Plan for CSR to the Board for its approval. By Argus reporter. He has undergone various prestigious management programs like Young Managers Program at INSEAD, France in 1997, Tata Group Executive Leadership Program in 2007 conducted by Michigan Ross School of Business and Executive MBA from CEDEP, France in 2008-09. The Indian-owned steel producer has approached ministers to seek an emergency loan package, Sky News learns. He is the Chairman of Tata Steel BSL Limited, Tata Sponge Iron Limited, and the Board of Governors of XLRI Jamshedpur. Mr Ratan Naval Tata is the Emeritus Chairman of Tata Sons, Tata Industries, Tata Motors, Tata Steel and Tata Chemicals. The former Chairman of PwC India, Mr Deepak Kapoor was associated with the firm for over 30 years. The Committee oversees the work carried out by, the internal auditor, the statutory auditor and the cost auditor and notes the processes and safeguards employed by each of them. The purpose of our Stakeholder Relationship Committee is to consider and resolve the grievances of the shareholders, debenture holders and other security holders of the Company, including complaints relating to non-receipt of annual report, transfer and transmission of securities, non-receipt of dividends/interests and such other grievances. 2015: With August 2015 decision to close Llanwern hot strip mill, production of HRC is to be centred on Port Talbot. He is a Chevening Scholar and has also attended the Advanced Management Programme in CEDEP-INSEAD, Fontainebleau, France. The Project is being executed in two phases at an approx. During his tenure, the Tata Group’s revenues grew manifold, totalling over $100 billion in 2011-12. He has served as the Chairman of the German National Oil Industry Association, as Chief Executive Officer of Deutsche Shell Holding GmbH and as a Vice-Chairman of the German Forum for Future Energies among others. [32], On Aug 31, 2016, in a historic judgement, the Honorable Supreme Court of India set aside the land acquisition by the West Bengal Government in 2006 that had facilitated Tata Motors' Nano plant, stating that the West Bengal government had not taken possession of the land legally, and were now required to repossess and return it to local farmers within 12 weeks without compensation.