Acquisition Acumen
▶ TATA STEEL IS valued at nearly ₹1.5 lakh crore. The stock has gained around 67 per cent in the last one year (till February 28) even as the benchmark Sensex rose less than 13 per cent. The company has a rich history of over 110 years and is one of the world’s most geographically diversified steel producers with more than 65,000 employees.
Managing such a diverse entity—in terms of structure and culture—is no easy task and MD & CEO T.V. Narendran has been doing it for a little over seven years. During that time, Tata Steel has gone fromPwC India’s Best CEOs ranking.
