Pros

You get the legendary & respected Tata Name
Salary

Cons

The company is headed by a bunch of retired defence officers who still feel that they are in defence & treat you like their orderlies.
Sycophancy is the only way to sustain here. If you are good at at it then you are comfortable.
No technical competence of the management.
Want to get in everything they see but dont have the expertise.
NO RESPECT FOR AN EMPLOYEE
You have to report for outstation movements even on holidays. They want to turn it in a pseudo army
Since the defence officers don't know anything, you will do everything for them, they will replace your name from the solution & present it as their own work.
You never get credit for the good job done
You come sharp at 930 hours but never leave before 8 in evening. Plus tell you when to leave.
No-one takes responsibility of a job. Ultimately every good thing is done by them & every bad thing by you. & those who wish to do businesses with them

Advice to Senior Management

Remember - India became Independent in 1947...... British Raj has gone long before....
Even then if you continue like this, you attrition rate will ( which is bad even now) never let you become stable....