Four years after it broke many hearts, Indian Space Research Organisation's Chandrayaan is all set to soar towards the moon in its third expedition on Friday in an attempt to put the country in an elite club of nations that accomplished lunar missions with a soft landing.
The initial assessment of the first-ever measurements of the near-surface lunar plasma environment over the south pole region by RAMBHA-LP payload onboard Chandrayaan-3 lander indicates that plasma there is relatively sparse, ISRO said on Thursday.
Tata Motors, part of the $100 billion Tata conglomerate, said consolidated net profit for the April-June quarter rose to 53.98 billion rupees ($882.31 million) compared with Rs 17.68 billion a year ago.
The issue comprising 'A' ordinary shares aggregating $550 million and ordinary shares aggregating $200 million has been subscribed 3.4 times, Tata Motors said in a filing to the Bombay Stock Exchange.
Tata Motors Quarteryl profit down 56 per cent on higher input cost
A price war started by German car makers in China may eat into JLR margins and volumes.
Friday's mission is the fourth operational flight of LVM3 which aims to launch the Chandrayaan-3 spacecraft into a Geo Transfer Orbit.
The UK-based subsidiary of the Tatas is also keeping its options open for using its India assembly plants for manufacturing cars that can be exported to other countries.
Tata Motors on Tuesday said it expects to meet the funding requirement for the British marquees Land Rover without the loan guarantees from the UK government, which welcomed the development.
The Jaguar E-Type and the Land Rover Defender are two of the most famous automotive icons that Britain gifted to the world.
Using a comic strip, the ISRO tweeted, showing orbiter telling the lander 'Vikram' that it enjoyed its company before it separated on September 2 afternoon.
Tata has recently developed the Pixel city car, which the company is targeting at European drivers.
Four new products under the Jaguar brand are under development.
The variant, which will be the second JLR model in India, with a 2.2 litre diesel engine will be introduced in India for the first time at an entry price of Rs 44.5 lakh or Rs 4.45 million (ex-showroom, Mumbai) and will be assembled at Tata Motors' Pune facility.
Will Maruti Suzuki Grand Vitara see a second innings in India?
It claims to be ahead of its competitors in the segment.
India's Tata Group owned Jaguar Land Rover has scrapped plans to close one of its UK plants.
The brand from the Tata stable has turned around after its bad economic phase.
The plant will initially assemble JLR's sport-utility vehicle Freelander 2 from completely knocked down kits shipped from the Halewood manufacturing unit in Liverpool, UK.
Dismissing adverse comments on Jaguar and Land Rover (JLR) buy, Ratan Tata on Tuesday said the $2.3-billion acquisition of the iconic brands was 'worthwhile' though the subsequent financial crisis posed challenges.
Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. This coincides with the Reserve Bank of India (RBI) recently citing a double-digit growth in private capital expenditure. Healthy balance sheets of banks and corporates, along with increasing capacity utilisation and improving business sentiment, are contributing to a favourable environment for sustained growth in private sector investments, the RBI said in its policy last week.
Reportedly insists on no loan guarantee if the government is not allowed any say in the company's future.
National Aeronautics and Space Administration's Mars rover Curiosity has discovered water during its first sample analysis of the Red planet's surface.
In yet another major Indian takeover, Religare, a financial services company owned by prominent businessmen Malvinder and Shivinder Singh bought London's oldest stockbroker, Hichens, Harrison & Co on Friday. The deal is seen as another example of India's growing economic clout overseas. Two weeks ago, Tata Motors bought the prestigious Jaguar and Land rover models from Ford.
Top Indian businessmen are increasingly making investments abroad. They are eyeing acquisitions abroad for a number of reasons including global reach and international market penetration. But the Indian business environment is also a chief cause. Many businessmen regard Indian biz scene stifling & not open enough for free growth. The likes of Vijay Mallya and the Ruias have therefore become technically become non-resident Indians even while they run large businesses in India.
Industrial conglomerate Tata group has spent $ 133 million in advisory fees related to various buyouts in the last two years, according to data compiled by leading global financial information provider Dealogic. The group has acquired as many as 56 businesses with a total volume of $ 20.6 billion in the last two years, accounting for 82 per cent of their total merger & acquisition volume. Since the year 2002 the Tata group has made as many as 106 acquisitions valued at $ 2mn.
National Aeronautics and Space Administration's Mars rover Curiosity has made the first definitive detection of organic molecules, the building blocks of all known forms of terrestrial life, on the surface of the Red Planet.
The board of the Luxembourg-based European Investment Bank on Tuesday approved a pound 340 million (Rs 2,500 crore) loan to the Tatas-owned Jaguar Land Rover to support efforts to make low-emission cars.
Sales of commercial vehicles declined 23.8 per cent in July to 31,150 units from 40,882 units a year ago.
Smith's financial acumen steered the troubled car maker through its toughest times in the recent past.
The price starts at Rs 1.37 crore for the F TYPE S, which has a V6 3-litre petrol engine.
The exercise part of drive to combine operations under single firm.
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.
The Tata Motors-Jaguar-Land Rover combine, with a valuation of $8.45 billion now reigns supreme among the most valuable corporate brands in India.
Conducting in-situ scientific experiments is underway. All payloads are performing normally, ISRO said.
The growth rate could continue for another seven years.
China's National Space Administration landed the Chang'e 4 lunar probe at 10:26 am Beijing time on Thursday, in the South Pole-Aitken Basin which is an impact crater, China Central Television reported.
"I congratulate them on this. When it is time tomorrow for its safe arrival on earth, the whole country should welcome it," he said.
Indian high commissioner Shiv Shankar Mukherjee has asked the British companies, based in Birmingham and other towns in the West Midlands, to expand and avail of opportunities offered by India.
JLR sees job cut if the situation does not improve.
