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It is one of the most admired companies in terms of HR Practices and Sustainable growth and Corporate Social
TSL is one of the first ventures of the Tata Group but it has many other successful companies under its umbrella.
Established in 1907 by Jamshedji N Tata in Jamshedpur Formerly known as Tata Iron and Steel Company Limited (TISCO) 28.1 million tonnes per annum of crude steel production capacity With Corus acquisition, TSL is worlds 5th largest steel producer Ranked Best Steel Maker by World Steel Dynamics in 2006, 2005 and 2001 Ranked 315th on Fortune Global 500 (post the Corus acquisition 82,700 employees (2010) Listed in BSE and NSE Headquartered in Jamshedpur, Jharkhand and registered office in Mumbai
There are many competitors of Tata Steel Ltd. Like JSW Steel, SAIL, VISA Steel, Bhushan Steel Ltd, Ispat Industries Ltd.
BSNL Hyundai Motors Ltd. Indian Defense sector Hitachi Panchmahal Steel Ltd. NSSC
The Companys Raw Materials operations in India are mainly spread in three broad areas iron-ore, chromite and coal. The chromite and manganese mines and their operations have been amalgamated under the 'Ferro Alloys & Minerals Division' that acts as a separate profit center. Iron-ore and coal being the two key raw materials for steel making. Iron ore mining has become an integral part of steel making at Tata Steel. units are located in Noamundi, Joda and Katamati in the states of Jharkhand and Orissa. Tata Steels Ferro Alloys & Minerals Division (FAMD) is the market leader of chrome in India and is among the top six chrome alloy producers in the world,
Blast Furnace
Slab Coster
Merchant Mill
Wire Mill
Ribbers
Wire Rods
Tata Steel positioning itself in the globalizing steel industry, so that they do not remain a very good but small regional player. Activities like construction and sale of more cars here are going to increase their steel consumption, so this is going to be a focused area for tata steel.
There is going to be a market in the US for a long time because it comprises almost 300 million people with a very high quality of life.
Tata Steel plans to take the acquisition route to globalization in the immediate future. The companys strategic priorities are increasing production capacity in India, acquisitions and joint ventures with the purpose of penetrating growing and developed and developing market.
Hiring Practice
Some of the innovative hiring strategies could include hiring teams and not just individuals and offering education and placement packages.
At the time of recession its important task of hr personal to reorganize the structure of The company. so as to avoid extra man force and duplication of work
No Salary cuts and increase in resource and development -- They have not cut salaries of employees.
But they have reduced the extra working hours, which means the work which is to be done in two hours it has to be completed in two hours. They have reduced delays work.
Reducing no of shifts -
Tata steel has reduced its number of shifts from 3 to 2 in a day and so as to control reduce cost of production. And started making production according to the sales required.
Officers are trained into business managers through special general management programmes such as at CEDEP, France.
Accounting Ratio is a method or process by which the relationship of item or groups of items financial in financial statement computed. A ratio is not an end in itself. They are only a means to get to know the financial position of means to get to know the financial position of an enterprise. Accounting ratios are very useful in assessing the financial position and profitability of an enterprise.
This ratio indicates the relative proportion of debt and equity in financing the assets of the firm. It is equity in financing the assets of the firm. It is calculated by dividing long term debt by shareholders fund. Debt equity ratio =long-term debts /shareholder funds. Generally, financial institutions favor a ratio of 2:1
dividing gross profit by sales. It is expressed as a percentage. profit by sales. It is expressed Gross profit is the result of relationship between prices, sales volume and costs between prices, sales volume and costs. Gross profit margin = Gross profit / Net sales x 100
Earnings per share (EPS) This ratio measures the profit available to the equity shareholders on a per share basis.This ratio is calculated by dividing net profit available ratio is calculated by dividing net profit available to equity shareholders by the number of equity. Earnings per share = Net profit after tax Preference dividend / No of equity shares.
(Fig in Crores) Income (FY 2010 - 2011) Sales Turnover Expenditure Fixed Cost Variable Cost Total Expenses
Production Capacity (In Tonnes) Particulars Sales Variable Cost Contribution Fixed Expenses Profit
= = . .
= .
Margin Of Safety Total Sales - Break Even Point 26722 - 2152 24570 Tonnes