buying and selling tata steel share
Having spent his entire career at Tata Steel, TV Narendran is the quintessential one-company man with a true emotional connection to his workplace.
“Jamshedpur even has 6th generation workers. People who have been with the company for 6 generations. So the emotional connection between employees and the organization is very high. For better or worse, operating with a legacy and knowing it needs to move forward puts a lot of pressure on leadership.
TV Narendran became MD of Tata Steel in 2013 when the company was on the verge of collapse. Today, Tata Steel is the most profitable company in the Tata Group. In FY22, he reported a profit of Rs 40,100 over his Rs 38,300 reported by Tata Consultancy Services (TCS).
Total returns to shareholders increased by more than 140% during Narendran’s tenure as CEO. The company is his 10th largest steel producer in the world and one of the elite companies on the Fortune 500 list.
Narendran’s love for Tata Steel began 30 years ago when the company’s legendary leader, Russi Mody, recruited him from the IIM-Calcutta campus.
For the entire show, please see the accompanying video
