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Tata defends JLR, Corus buys as strategic, worthwhile18-NOV-09
The Tata Group Chairman Ratan Naval Tata has termed the acquisitions of the British marquees Jaguar Land Rover (JLR) as 'strategic' and 'worthwhile' and said the company will strive to bring the old glory of the brands.
Ratan Tata expects Jaguar turnaround after 'difficult time'18-NOV-09
Tata Motors Ltd, the Indian owner of Jaguar Land Rover, is hopeful of turning around the unprofitable luxury unit as it cuts costs to battle a slump in sales during the global recession.
GE Capital provides Rs 1300 cr loan to JLR17-NOV-09
The move will shorten the 30-40 days it has to wait for between producing cars and delivering them.
India Inc gets into bear hug with Russian consumers14-NOV-09
Russians may still be humming their all-time favourite song — mera joota hai japani — but they are now choosing to buy Hindustani in big numbers.
Tata Motors plans 25K Jaguar XJs a year05-NOV-09
Tata Motors Ltd will build as many as 25,000 Jaguar XJ luxury cars annually, starting next quarter, in a bid to take customers from Bayerische Motoren Werke AG’s 7 Series and Daimler AG’s Mercedes S Class.
Bold designs31-OCT-09
Designer Krishna Mehta can talk about software upgrades and gadgets just as effortlessly as fabrics and dyes. If you missed her collection at recent fashion weeks, you may now spot her teaching the finer details of the business at leading fashion institutes in Mumbai and Hyderabad, accompanied by her super-powered Apple MacBook Pro for presentations.
Tata Motors: Home alone won't do28-OCT-09
Business is brisk in the home market but concerns about Jaguar and Land Rover remain.
Tata Motors net zooms 110% on robust Q2 sales27-OCT-09
It had reported a profit Rs 347 crore during the same quarter a year ago. Sales volumes rose 17.4 per cent during the quarter to 158,575 units as compared to 135,037 units during the corresponding quarter a year earlier.
Electric and hybrid cars dominate22-OCT-09
The usually choc-a-bloc bus parking lot at Makuhari Messe was deserted. There were no car company hoardings on the way to the Tokyo Motor Show venue either. Inside, the show was restricted to just three halls. There were no go-go girls in skimpy costumes dancing to loud techno beats. Missing in action were Ferrari and Lamborghini. No Jaguar or Aston Martin, either. Not even Volkswagen.
Tata Motors acquires control of Hispano Carrocera20-OCT-09
Country's largest auto maker Tata Motors today said it has acquired full control of Spanish bus and coach manufacturer Hispano Carrocera by acquiring the remaining 79 per cent stake in the firm.
Tata Motors raises $750 million10-OCT-09
Tata Motors, India’s largest vehicle manufacturing company, today raised $750 million (Rs 3,487 crore, at the current exchange rate) through issuance of global depository shares (GDS) and convertible notes. The proceeds would be partly used to repay the Jaguar-Land Rover (JLR) acquisition debt.
JLR recalls 40 Land Rovers in India09-OCT-09
Tata group-owned Jaguar Land Rover on Thursday said it is recalling 40 Land Rover vehicles from India to fix a technical fault as part of an ongoing global process that started in July.
Tata Motors: On the road to recovery09-OCT-09
With loans for JLR coming through and CV sales gaining momentum, the outlook is improving.
JLR recalls 40 Land Rover vehicles in India08-OCT-09
Tata group owned Jaguar Land Rover (JLR) today said it is recalling 40 Land Rover vehicles from India to fix a technical fault as part of an ongoing global process that started in July.
Jaguar secures Rs 1,300 cr loan from SBI08-OCT-09
Tata Group-owned British car maker Jaguar Land Rover today announced it had secured a £175 million (Rs 1,300 crore) from State Bank of India. This comes over and above the $90 million (Rs 420 crore) committed export financing facility with ABC International Bank, the company said.
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