Based in Mumbai, India, the Tata company was founded in 1868 and has grown into a conglomerate of 98 companies that makes, among other things, cars, tea and watches. It recently purchased Corus Steel for $12-billion and Jaguar and Land Rover for $2.3-billion. Tata runs luxury hotels on five continents. Its chairman, Ratan Tata, 70, is a Cornell graduate.
Of all its subsidiaries, Tata Consultancy Services, the information technology arm of the company, is the largest and most profitable. Approximately a third of Tata's 350,000 employees work for TCS.
Nielsen, a media and marketing research company, opened a $130-million global technology and information center in Oldsmar in 2003, its largest facility in the world. This year, Nielsen laid off local workers in favor of TCS workers from India. TCS has expanded aggressively into the North American market and works with coporations such as AIG, Chrysler and Boeing.