harryccc

After Steel Industry now its Indian Auto industry

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Well, its just not the steel industry to acquire an Overseas company, TATA steel who acquired Corus Steel, the largest deal ever an Indian company to acquire an UK company. The Auto Industry has stuck the next largest deal, TATA Motors to buy JLR (Jaguar & Land Rover) to an estimated price of $2.65 bn. Well the sign off is expected tomorrow once London wakes up for the morning.

Experts believe that TATA is paying slightly paying more than the actual worth of JLR anyways its the TATA group who has done it again to acquire an UK company.

After the acquisition, TATA motors can really be an international company having the product range from basic Nano to luxury Jaguar and Land Rover!

 

Congrats Mr Ratan Tata, Way to go!!!
harryccc2008-03-25 12:25:00

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Well' date=' its just not the steel industry to acquire an Overseas company, TATA steel who acquired Corus Steel, the largest deal ever an Indian company to acquire an UK company. The Auto Industry has stuck the next largest deal, TATA Motors to buy JLR (Jaguar & Land Rover) to an estimated price of $2.65 bn. Well the sign off is expected tomorrow once London wakes up for the morning.

Experts believe that TATA is paying slightly paying more than the actual worth of JLR anyways its the TATA group who has done it again to acquire an UK company.

After the acquisition, TATA motors can really be an international company having the product range from basic Nano to luxury Jaguar and Land Rover!

 

Congrats Mr Ratan Tata, Way to go!!!
[/quote']

 

Actually work for Tata begins now.... buying them was the easy part; running them successfully is the tough one!!

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Source Rediffnews  March 26, 2008 11:04 IST

Homegrown auto major Tata Motors  has clinched the Jaguar and Land Rover (JLR) deal estimated to be valued between $2-2.5 billion. 

According

to sources close to the development, the deal was signed last evening

and is estimated to have cost the Tatas between $2-2.5 billion.

When

contacted a Tata Motors spokesperson said the company would make an

announcement at an "appropriate time".  Ford on the other hand has been

insisting that they would make public the deal only after it has

informed its employees.

The sources said the formal announcement of the deal is  likely to be made at 5.30 pm IST.

The

deal has taken almost nine months to finalise as both  Ford and Tata

and their financiers sought to iron out issues seen as crucial to the

future of the two British marques.  It is expected to cover long-term

supply of engines to both brands from Ford.

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Source Rediffnews

07sld2.jpg

Tata Motors has emerged as the frontrunner

in the race to acquire two of Britain's premier car marquees, Jaguar

and Land Rover. So what are these two iconic brands all about? Here's a

peek into their colourful history:

A

perfect 'rags to riches' story started when Bill Lyons, a British

motorcycle enthusiast met William Walmsley in Blackpool, England.

Jaguar, one of the world's greatest automotive names, renowned for

style, tradition, performance and quality, started its journey from

Swallow Sidecar Company, a small factory manufacturing stylish sidecars

for motor cycles. The factory started in September 1922 with a bank

overdraft of pound 1,000.

The Rover Company started off

in the mid-1800s selling sewing machines and then 'safety' tricycles

and bicycles. By the 1930s, it had evolved into a car company but was

hit badly by the The Great Depression. In common with many British

industrial companies during World War II, its factories were turned

over to the war effort and produced engines for tanks and aircraft.

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Hahahahhaha...

WAY TO GO TATA!!!( I can't believe I just said that!!)

I bet there are a lot of  "GORA SAABS" that are mighty ticked off that an Indian company has bought over the two most quintessential British Marques.

So does that mean we now see the Jaguar logo's on INDICARS??
To hell with the Queen.. GOD SAVE US ALL!!!smiley36.gif

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Hahahahhaha...

WAY TO GO TATA!!!( I can't believe I just said that!!)

I bet there are a lot of  "GORA SAABS" that are mighty ticked off that an Indian company has bought over the two most quintessential British Marques.

So does that mean we now see the Jaguar logo's on INDICARS??
To hell with the Queen.. GOD SAVE US ALL!!!smiley36.gif

When a Malaysian company can have a tryst with Lamborghini, why not The Tata's....So now we can see the Indica's with a 'Jagged Edge'....hope refinement, NVH and performance level brushes of on the Tata Products...reliability, though, of Jag is ??....there's a saying..'Jags come with a mechanic in the boot'. The next Safari would a 2 gen old Defender...if thats so..I'll start saving now...

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BTW, how many of you think that the Tatas paid a bit too much for JLR?

I doubt,if today they wanted to sell it again, they would get more than a Billion as an offer.

Opinions?!!

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