October 21, 2006 |
Corus Group agreed to a cash offer of 4.3 billion pounds ($8 billion) on Friday from India's Tata Steel in a deal that would create the world's fifth-largest steelmaker. The deal, which would be India's largest foreign takeover, extends the industry's recent wave of consolidation, coming on the heels of Mittal Steel Co.'s $34-billion takeover of Arcelor this year.
July 30, 2007 |
To many labor unions and high-tech workers, the Indian giant Tata Consultancy Services is a serious threat -- a company that has helped move U.S. jobs to India while sending thousands of foreign workers on temporary visas to the United States. So when Sen. Hillary Rodham Clinton (D-N.Y.) came to this struggling city to announce some good news, her choice of partners was something of a surprise.
December 18, 2007 |
Ford Motor Co. may choose India's Tata Motors as the preferred bidder for its Britain-based Jaguar and Land Rover brands, a person familiar with the deliberations said Monday. The selection would allow Ford to negotiate exclusively with Tata before reaching a final agreement. Mahindra & Mahindra, another Indian manufacturer, and JPMorgan Chase & Co.'s One Equity Partners buyout unit have also been candidates, people familiar with the bidding said in September. Dearborn, Mich.
September 24, 2007 |
new delhi -- For this former British colony, an Indian takeover of Jaguar and Land Rover would be a boost to local pride and a sign of India's economic rise. But many investors and automotive industry analysts question whether a bid by India's Tata Motors -- maker of workhorse trucks and low-end mass-market cars -- for the two luxury brands would make much business sense.
February 15, 2006 |
An Indian employee of an information technology consulting company filed a lawsuit Tuesday alleging that he and other foreign workers were required to hand over their tax refunds to their employers. Starting when he came to the United States from India in 2000, Gopi Vedachalam was ordered to sign over federal and state tax refunds totaling about $25,000 to his employer, Tata America International Corp., according to the suit filed in San Francisco federal court.
January 14, 1995 |
Satellite Technology Management Inc.: The firm said this week it has received a $1.6-million contract from National Radio & Electronics Co. Ltd. of Bombay, India, for a satellite communications network. National Radio & Electronics is a unit of the Tata Group, India's largest conglomerate with annual sales of about $6 billion.