Long have I waited for a car to replace the Tata Safari feel in driving, and this updated version of the Tata Harrier is just IT, exclaims Rajesh Karkera/Rediff.com.
Banks make criteria tougher for funding the car. Tata Motors Chairman Ratan Tata's dream to help the common man own a four-wheeler may meet its bete noire in bankers as ICICI Bank, HDFC Bank and rival lenders realign rules to finance the Nano, touted to be the world's cheapest car.
Tata said, "Please disassociate Tatas from Nandigram. We are not in Nandigram. We are in a place called Singur. The two places are contiguous to each other."
Maruti Suzuki India, the country's largest carmaker, may after all do what everyone expects it to: take on Ratan Tata's Nano with its own low-price car. For long, there has been a will-they-won't-they kind of speculation about how Maruti will protect its entry-level consumer base from the Nano, whose lowest variant is likely to cost Rs 1 lakh in some places and about Rs 1.26 lakh in some others. The higher variants may cost Rs 1.5 lakh or more.
Speaking to MPs from the West Midlands in the House of Commons during his recent visit, Tata said jobs at the research centres at Whitley and Gaydon were secure at least until 2012. A fresh business plan is expected to be drawn up for the company in 2012. Coventry South MP Jim Cunningham told reporters after the meeting that Tata indicated the possibility of employing more workers at the two centres.
With Tata Motors about to unveil a low-cost, very small car, automakers from Europe and the U.S. are poised to jump into the market
After Tata group chief Ratan Tata criticised the spectrum allocation criteria announced by the government, GSM cellular operators on Tuesday took potshots at the guidelines, which they said was 'lenient' towards CDMA operators.
A delegation of Cornell University officials, led by the president of the institution David J Skorton, is on a week-long visit to India beginning from January 1 to seek avenues of advanced cooperation.
At a time when the automobile industry is eyeing a market of 2 million cars by 2010, various automobile projects of industry majors, including Tata Motors and Mahindra and Mahindra, are running behind schedule.
"I am very satisfied and excited about this launch today and the Nano is not for my ego trip... certainly, not an ego trip at all," Ratan Tata said. The price of Rs 1 lakh was announced six years ago when the plan for the Nano was unveiled at an European motor show, he said. He added the fact that the company has kept its promise goes to show that it was not a "gimmick."
Known to be the world's least expensive car, Nano is expected to redefine personal transportation in modern India. Customers can expect to own a car coming at a price between Rs 1.20 lakh (Rs 120,000) and Rs 1.30 lakh (Rs 130,000), depending on the version.
Ratan Tata flagged off the Ferrari Magic India Discovery Tour near the Gateway of India in Mumbai on Monday.
Amari is on an official five-day visit to India which began against the backdrop of talks on a free trade agreement in the Indian capital last week that ended with big differences.
Vijay Mallya will reveal the 2008 Force India F1 car in Mumbai on February 7.
American CEOs on Friday identified poor infrastructure and bureaucratic delays as major deterrents to US investments in India, while making a strong pitch for further liberalisation in the financial and retail sector.
"The toughest part was continuing to believe that we could do it," Tata told journalists covering the Auto Expo in New Delhi, where he unveiled the lowest-priced car in the world. He added that "a promise is a promise", hinting at the ability of his company to deliver even in the face of brutal scepticism.
The new small car would be launched in the first half of 2008.
Companies are developing new engine technologies to deliver the ultimate in fuel efficiency.
Business tycoon Ratan Tata feels that it is better to give 'equal opportunities' to all and create a level playing field instead of extending reservation benefits in the private sector.
The Nano might have put a smile on millions of faces across the nation, but the traffic police in Bangalore is definitely not amused.
Some 100 component makers worked with Tata Motors for over 3 yrs.
For more than 900 million ordinary Indians, the launch of the Rs 1-lakh car is a rare moment when they feel like they are being taken care of by the rich and the mighty, says Sheela Bhatt.
The actor seems to be in love with the new car, launched by the Tatas.
The speech, short, crisp and delivered with feeling, saw Tata take head-on all the criticism targeted at him and Tata Motors in the four years that the car was under development. It ended on a triumphant note as Tata emphasised that he had delivered on his promise to provide a car that was more affordable than any other in the world.
Balwa, who is accused along with 16 others in the case, claimed that he cannot be prosecuted for pushing back Tata in the race as the firm was never in the race to get the 2G spectrum licence
After showcasing the yet-to-be-named car (Ratan Tata calls it "the people's car") in the capital, the company is planning a similar splash at the Geneva Motor Show in March, a company spokesman confirmed.
Ratan Tata, chairman of the Tata Group, feels that after the successful launch of his dream project -- the Rs 1-lakh car -- will ideally be the nice time for him to retire from active business life, a media report said in London.
The global economic downturn made 2008 an unforgettable year.
The CEO of ICICI Bank is the third Indian in four years to win the accolade.
The company commenced production in January, 1999. While it achieved the 100,000th car in March 2001, and the 500,000th car in February, 2005, the progression from the 900,000th car to the millionth car was achieved in just 7 months.
Since Ratan Tata , the patriarch of India's Tata Group, decided to splash out $13.1bn early in 2007 on Anglo-Dutch Corus, he has spent a lot of time with smooth-talking Frenchman Philippe Varin , who has run Corus for five and a half years.
Aggressive Hindutva elements have also disappointed industry captains
Tata Sons chairman Ratan Tata on Tuesday expressed hope that the West Bengal government would be able to acquire land for its ambitious Rs 1 lakh car project in the state.
Two Indian steel tycoons - Ratan Tata of Tata Steel and NRI Lakshmi Mittal of global powerhouse Mittal Steel - have made it to the world's best CEOs list compiled by US stock market weekly Barron's.
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