Some 100 component makers worked with Tata Motors for over 3 yrs.
United States Secretary of State Hillary Clinton on Saturday had a breakfast meeting with top honchos of India Inc at the iconic, sea-facing Taj Hotel in Mumbai. Amongst those from India Inc who were present at the meeting included Ratan Tata, chairman of Tata Group and Reliance Industries' Mukesh Ambani. Others present were the chiefs of India's two largest banks, O P Bhatt of State Bank and Chanda Kochhar of ICICI Bank, Swati Piramal and Sudha Murthy.
Names of the 100,000 customers who have been finalised for allotment of the Nano through the computerised procedure were announced by the company last month.
Industrialisation in India is increasingly acquiring the characteristics of crony capitalism in which states are perceived to be ganging up with businessmen at the cost of the aam aadmi
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.
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The Nano car loan is available for a maximum tenure of 7 years at an interest rate that ranges between 11.75 per cent and 12 per cent p.a.
Tata Consultancy Services, India's largest IT company, sold 50 per cent stake in Intelenet Global Services Ltd to Housing Development Finance Corporation Ltd for Rs 161 crore (Rs 1.61 billion).
TCS, which requires more people to handle its growing business, witnessed an 8.7 per cent annual attrition rate at the end of the second quarter.
'JRD Tata was a visionary who established civil aviation in India'.
Second hand demand entirely for the top-end LX variant
Last year it was the transfer of Nano project and this year it is the scrapping of the IT park. Bengal's pre-Puja economic scene turned gloomy once again this time with the West Bengal government deciding to give up the ambitious information technology township plan at Rajarhat in Greater Kolkata.
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
The Taj Mahal Hotel, which completed 100 years of existence on Tuesday, will continue as the symbol of India's hospitality and warmth, Tata Group Chairman Ratan Tata said in Mumbai.
The authors of Jugaad Innovation on why they think Ratan Tata makes for a great jugaad innovator and how the IITs and universities are encouraging students employ more jugaad to come up with great solutions and jugaad innovators that inspired them.
Refusing to be drawn into a point by point clarification of Mistry's letter, the company said: "It will be beneath the dignity of Tata Sons to engage in a public spat with regard to the several unfounded allegations appearing in his leaked confidential statement."
Industrial output growth rate remained flat in April.
We bring you an excerpt from the book 'The Superstar Syndrome' authored by Myra S White and Sanjay Jha.
