Ratan Tata defends JLR acquisition

Tata Motors Chairman Ratan Tata
today said the global financial crisis has posed challenges to
marquee brands Jaguar and Land Rover, but the USD 2.3-billion
acquisition of the iconic brands was "worthwhile".

Tatas to tighten management grip on JLR

Having secured the much-needed funds for Jaguar Land Rover without the government help, its Indian parent Tatas are now tightening their management control on the carmaker.

FIPB approves Inditex-Trent JV

The FIPB has approved a proposal by the Spanish apparel player, Industria de Diseno Textil, Sociedad Anonima (Inditex SA), to set up a joint venture with the Tata group subsidiary, Trent Ltd with an investment of Rs 23.58 crore.

Tata gets pvt funds for JLR, won`t need govt bailout

Tata Motors on Tuesday said it
expects to meet the funding requirement for the British
marquees Jaguar Land Rover without the loan guarantees from
the UK government, which welcomed the development.

Tata Steel looks to raise Rs 5k crore to part-fund capex

Tata Steel is looking to raise Rs 5,000 crore through issuing securities to part fund its capital expenditure, acquisitions and debt-reduction, among

JLR to launch `several` models; to drive out hybrids

Undeterred by losses of over Rs
1,700 crore, Tatas-owned Jaguar Land Rover will launch a number of new models, including hybrids, in the coming years.

Tata Steel Q1 net dips 47%

With steel prices almost halved
from the year-ago period, Tata Steel today recorded a 47 per
cent dip in standalone net profit for the quarter ended June
30 and hoped for an improved show in coming quarters.

Tata Communications Q1 net profit dips 68% at Rs 31 cr

Telecom firm Tata Communications
on Saturday reported a 67.56 percent decline in its net profit
at Rs 31.94 crore for the quarter ended June 30, 2009, over
the same period last year.