~ The 6th edition of the Company's Annual Business Challenge witnessed super minds and innovative solutions for tomorrow ~

~ MICA emerges as the winner of the 6th edition, FMS Delhi bags the 1st runner-up position, IIM Shillong and IIM Raipur share the 2nd runner-up position ~

The 6th edition of Tata Steel’s annual business challenge for students ‘Steel-a-thon’ saw a record number of participants with teams from MICA and FMS Delhi emerging as the winner and first runner-up, respectively. The second runner-up position was held jointly by IIM Shillong and IIM Raipur.

Steel-a-thon 2019 witnessed a record participation with more than 1400 teams comprising 4200+ students from 22 premier B-Schools across the country submitting their entries. In the grand finale today in Kolkata, a total of 15 teams competed. In the 2018 edition of Steel-a-thon, students from 19 business schools had participated.

Steel-a-thon is Tata Steel’s Annual Business Challenge for premier B-Schools of India where students submit their innovative solutions on real life business cases. This year, the competition witnessed the highest-ever number of responses with the participants presenting solutions to case studies from domains including Marketing & Sales, Corporate & Digital Strategy, CSR, HRM and Supply Chain.

The teams presented business case solutions to a jury comprising senior management of Tata Steel led by Mr. Peeyush Gupta, Vice President, Steel (Marketing & Sales), Mr. Suresh Dutt Tripathi, Vice President, HRM, and Ms. Atrayee S Sanyal, Chief Diversity officer, Chief Group HR and Chief HRM (Steel).

The champion team won a cash prize of Rs 2,50,000, winners’ trophy and a certificate. The first and second runners-up were awarded cash prizes of Rs 1,50,000 and Rs 1,00,000, respectively, along with trophy and certificates. These teams along with the campus round winners also received PPI offers.

Congratulating the winners and all the participants, Mr. Peeyush Gupta, Vice President, Steel (Marketing & Sales), Tata Steel, appealed to the bright young minds to be curious and make the right choices about their careers. “Curiosity is an important element in today’s business. We must know how things happen in companies, how revenue gets generated, what can you as a manager do to serve a company, serve its customers, how does the value chain work and, finally, deliver something to the customer,” he said.

The participants of Steel-a-thon benefit from the mentorship provided by the senior management of Tata Steel which exemplifies the focus on quality and attention to details. The platform intends to groom the budding leaders for real-life business challenges through application of their classroom knowledge on the practical front.

Since the first edition of Steel-a-thon held in 2014, a total of around 40 students have joined the Tata Steel family as employees. The 2019 edition of Steel-a-thon is also a significant milestone in the Company’s steady march towards being an employer of choice and creating a sustainable future for all its stakeholders.

The overarching theme for Steel-a-thon 2019 was about enabling future readiness, redefining possibilities and creating a platform that seeks to make role models, future leaders and makers of tomorrow by application of passion and business acumen. 

About Tata Steel
Tata Steel group is among the top global steel companies with an annual crude steel capacity of 33 million tonnes per annum. It is one of the world's most geographically-diversified steel producers, with operations and commercial presence across the world. The group (excluding SEA operations) recorded a consolidated turnover of US $22.67 billion in the financial year ending March 31, 2019. In 2018, Tata Steel acquired Bhushan Steel Ltd (now renamed as Tata Steel BSL Ltd).

A Great Place to Work-Certified organisation, Tata Steel Ltd., together with its subsidiaries, associates and joint ventures, is spread across five continents with an employee base of over 65,000.

Tata Steel retained the ‘Global Steel Industry Leader’ position in the DJSI 2018. The Company has been recognised as the Climate Disclosure Leader in ‘Steel category’ by CDP (2017). Besides being a member of the World Steel Climate Action Programme, Tata Steel has won several awards including the Lighthouse recognition for its Kalinganagar Plant – a first in India, Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, ‘GreenPro’ certification for products (Tata Pravesh Steel Doors, Tata Structura, Tata Pipes) by CII, Authorized Economic Operator (AEO) status (Tier 2) by the Directorate of International Customs (Ministry of Finance, Govt. of India), ‘Corporate Strategy Award’ by Mint (2018), Golden Peacock Award for Risk Management (2018) and Best Risk Management Framework & Systems Award (2019) by CNBC TV18. The Company also received the ‘Most Ethical Company’ award from Ethisphere Institute for the eight time (2019), Steel Sustainability Champion (2018) by the World Steel Association, Dun & Bradstreet Corporate Awards (2019), Golden Peacock HR Excellence Award by Institute of Directors (2018), ‘Best Companies To Work For’ recognition by Business Today, 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), among several others.

Last year, the Company launched a corporate brand campaign #WeAlsoMakeTomorrow.

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Disclaimer:
Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/or other incidental factors.