News for 'business-secretary-peter-mandelson'

UK govt, Tatas in talks for JLR loan

UK govt, Tatas in talks for JLR loan

Rediff.com24 Jan 2009

Tata Motors, which owns Jaguar and Land Rover, is in talks with the UK government on assistance for the luxury units as sales have plummeted.

Jaguar faces rough bailout ride in UK

Jaguar faces rough bailout ride in UK

Rediff.com19 Dec 2008

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.