Tata Steel acquires Singapore-based NatSteel.
VSNL (now known as Tata Communications) acquired Tyco Global Network, making it one of the world's largest providers of submarine cable bandwidth
Tata existed Idea Cellular to focus on CDMA based mobile telephony business
Tata Tea acquired Good Earth coffee brand in USA
Indian Hotels (Taj group) takes over management of The Pierre, NY
Trent acquired strategic interest in Landmark chain of bookstores
Tata Motors pick-up strategic stake in Spanish bus/coach maker Hispano