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The Rs 55,000 crore (Rs 550 billion) Tata Group, which has interests ranging from tea to software, won the Outlook Money Hall of Fame Award in the Corporate Category. The award was given to the Tata Group because of its aggressive pursuit of inorganic growth in the last fiscal.
The Tata Group had through VSNL picked up Tyco Global Network's submarine cable network in the last fiscal for $211 million, while Tata Steel had acquired Singapore-based NatSteel for Rs 1,313 crore (Rs 13.13 billion).
Tata Sons Finance Director Ishaat Hussain picked up the award for the Tatas.
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