Robert H Smith School of Business' CEO@Smith Speaker Series with B Muthuraman
10 June 2013
As part of Robert H Smith School of Business' CEO@Smith Speaker Series, B Muthuraman, vice chairman of Tata Steel and chairman of Tata International, spoke about corporate social responsibility and India's economic growth.
"I believe that businesses are meant to serve the society, not simply meant to serve the shareholders," Mr Muthuraman said to the audience. As he spoke about the social inequity in India, he also talked about the country's growth and how vastly India has changed in the past 100 years.
A fine gainBy finding a novel way to cluster ferro-alloy fines, Tata Steel has cut down on production costs, minimised in-process losses of raw material, and reduced the environmental load of its product
Harmony in fluxIn a world’s first, Tata Steel has discovered the use of ‘dual flux’ at its pellet plant, boosting productivity in a dramatic fashion, improving fuel conservation and bringing emissions to lower levels
'Now it's all about execution'Deciphering the enigma that is Tata International (TIL) has been one of Noel N Tata’s principal tasks since he took over as the company’s managing director in August 2010
The page turns for a company recastA new strategy, a fresh approach and the experience of long years in a globally dispersed and multi-hued business — those are the attributes Tata International will be banking on as it strives to achieve the objectives of a reconceptualised vision of what it means to be an international trading and distribution company in the modern age