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=== 1868β1937=== <!-- So what happened in 1868 that counts as the founding? The lead section says that this is the year it was founded, but there are no details given here. --> In 1870, with Rs.21,000 capital, he founded a trading company.<ref name="tata group Timeline">{{Cite web|url=https://www.tata.com/about-us/tata-group-our-heritage/Our-Timeline|title=Our Timeline: The Complete Story | Tata group|website=www.tata.com|access-date=20 October 2021|archive-date=20 October 2021|archive-url=https://web.archive.org/web/20211020043116/https://www.tata.com/about-us/tata-group-our-heritage/Our-Timeline|url-status=live}}</ref> Further, he bought a bankrupt oil mill at [[Chinchpokli]] and converted it into a cotton mill, under the name Alexandra Mill, which he sold for a profit after two years. In 1874, he set up another cotton mill at [[Nagpur]] named Empress Mill. During his lifetime, in 1903, the company opened the [[The Taj Mahal Palace Hotel|Taj Mahal Hotel]] at [[Colaba]] waterfront as the first hotel with electricity in [[British India]]. After Jamsetji's 1904 death, his older son [[Dorabji Tata]] became chairman.<ref name="tata group Timeline"/> Sir Dorabji established the Tata Iron and Steel Company (TISCO), now known as [[Tata Steel]] in 1907. Marking the group's global ambitions, Tata Limited opened its first overseas office in [[London]]. Following the founder's goals, Western India's first hydro plant was brought to life, giving birth to [[Tata Power]]. Fulfilling yet another dream, the [[Indian Institute of Science]] was established, admitting its first group of students in 1911.
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