'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
The purchase of a Rs 48.25 lakh swanky Jaguar XE as the new official car for Lok Sabha Speaker Sumitra Mahajan has raised eyebrows with the opposition Congress on Friday asking her to reconsider using the luxury vehicle.
"Like Russia and China, JLR would be exploring the Indian market also. A team will be coming to India to study the market," Tata Motors Managing director Ravi Kant told analysts in a conference call. He, however, said the company was not expecting big numbers from the two brands in India.
Tata Motors is expected to sign the agreement to buy the two Ford-owned luxury marques, Jaguar and Land Rover in the next few days. Tatas are expected to pay $3 billion for the coveted brands. According to sources, Tata Motors, India's largest auto making company, has agreed to most of the clauses put forward by Ford and Unite (workers union of the two brands), including the condition that Tata Motors will not shift the manufacturing facilities of the two brands.
IAF's four fighter pilots undergoing rigorous training for the landmark Gaganyaan mission, and who earned the 'astronaut wings' on Tuesday, have a stellar resume. They have a flying experience in the range of nearly 2,000-3,000 hours and two of them are recipients of the prestigious 'Sword of Honour'.
James Bond's Nemesis Drives Jaguar C-X75 in 'Spectre' !!
People close to Indian carmakers Tata Motors and Mahindra & Mahindra, and the buy-out group One Equity Partners, said on Tuesday that they expected Ford to respond imminently to their revised offers made last week.
The pilot was identified as Mukhopadhya, police added.
Sunday Times says top European official in sight. The current chief executive is Geoff Polities, an Australian car industry veteran.
Does India's most valued company give hope to its investors that they, too, might drive a Jaguar some day?
A Jaguar fighter aircraft of Indian Air Force crashed in a forest near Lik in Upper Dzongu in North Sikkim on Friday, with the pilot suffering serious injuries.
Tata Motors-owned Jaguar Land Rover on Friday said its new two-seater sports car F-Type will make its global debut in production form at the Paris Motor Show next month, marking its re-entry into the segment.
Responding to a question on whether Tata-owned JLR was in talks with the UK government for a bailout package, Mandelson said it was too early to judge whether the state would be willing to help Jaguar Land Rover, which employs around 15,000 workers.
While analysts reacted negatively to a drop in the operating margin, JLR has demonstrated a strong global growth.
Tata Motors-owned Jaguar Land Rover has announced plans to shed 200 jobs across its UK operations but claimed that the redundancies were not connected with the economic downturn or slump in car sales.
The cash injection from Tata has bought ministers breathing space to respond to demands for multi-billion-pound loan guarantees from the car sector. Alistair Darling, chancellor, is understood to be concerned that any state support does not set too generous a precedent for other sectors.
Jaguar Land Rover is planning to launch the stunning F-Type in India in July. The Freelander 2 is set to hit the market soon, too.
'So what if they are remote-controlled, run on rechargeable batteries, are at least 100 times smaller than the \n\nreal thing and I am on the right side of 30?'
Patel (20) has been booked under relevant sections of the Motor Vehicle Act and sections 279 (rash driving) and 427 (mischief causing damage to the amount of fifty rupees) of the Indian Penal Code.
Less than a year after acquiring Anglo-Dutch steelmaker Corus, Tata Group appears close to taking over the reins of Ford's British marques - Land Rover and Jaguar, for which it is believed to have submitted a detailed offer of more than $2 billion. The home-grown business conglomerate is understood to be leading the race for the two brands at close of second-round of bidding on Friday, media reports said.
Ford Motor Co on Wednesday said it expects the sale of its two European marques Jaguar and Land Rover, in which India's Tata Motors has evinced interest, to be through either by this year-end or early next year.
Indian Air Force is planning to arm its Jaguar deep penetration strike aircraft with long range anti-ship missiles to boost its maritime warfare capability.
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
Reportedly insists on no loan guarantee if the government is not allowed any say in the company's future.
Sunday Times reports Tata Group has agreed in principle to invest pound 100 million alongside refinancing.
HAL's sustained, long-term income will come from the design, development, manufacture, overhaul, and upgrade of a family of helicopters designed for deployment on India's 21,000-foot-high Himalayan frontier with Pakistan and China.
The Jaguars, taking part in exercise 'Cope Thunder 2004', will cross the Atlantic helped by mid-air refuelling by the IAF's just acquired IL-78 giant tankers.
The company has expanded its line-up to nine models with several variants, making it the most aggressive luxury auto player in the country.
The four astronauts are -- Prashanth Balakrishnan Nair, Angad Prathap, Ajit Krishnan, and Shubhanshu Shukla -- Modi said at the Vikram Sarabhai Space Centre (VSSC) at Thumba near the Kerala state capital.
While declining to comment on the intended takeover bid for JLR by Tata Motors, another group company, Myers said the relationship was close to four years old.
The Tatas are not alone in the race to take over British car makers Land Rover and Jaguar. Apart from the Tatas, three private equity funds and two other trading companies are expected to join the race for the British luxury car makers.
UK-based JLR posted 16 per cent growth in retail sales in the past year, highest in the luxury car segment globally, on the back of launches, output ramp-up and better reach in world markets.
Tata Group-owned British car maker Jaguar Land Rover announced on Wednesday that 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.
Some serious cost-cutting has resulted in significantly lower losses at JLR.
Insurance companies sell off inventory of flood-damaged vehicles to cut losses.
Two-time chief minister and five-time MLA Janata Dal-Secular leader H D Kumaraswamy has once again demonstrated his political acumen by bagging a seat in the union council of ministers, despite his party joining the Bharatiya Janata Party-led National Democratic Alliance just last year.
Tata Motors on Monday announced the demerger of its commercial and passenger vehicle segments into two separate listed entities to better capitalise on growth opportunities. The commercial vehicles business and its related investments would be housed in one entity while the passenger vehicle business, including electric vehicles, Jaguar Land Rover (JLR) and its related investments, would be part of the second entity, the auto major said in a regulatory filing. Tata Motors chairman N Chandrasekaran said that Tata Motors has scripted a strong turnaround in the last few years.
