FIs block Tata Sons plans to raise stake in ACC through a preferential allotment.
Tata group sells 7.2% of its stake in ACC to Ambuja Cement Holdings Ltd, a subsidiary of Gujarat Ambuja Cements Ltd. (GACL)
Tata Group sells their remaining stake in ACC to the GACL group and exits cement business
Tata Group and Aditya Birla merge their mobile telephony business, latter rebranded as Idea Cellular
Tata Tea acquires Tetley Group, UK for $ 450 million, the biggest overseas acquisition by any Indian company till then.
Three group power Cos are merged into to Tata Power
Forms Tata AIG - a JV with American International Group Inc (AIG) to enter insurance sector