British Airways merging with Iberia
British Airways has announced that they are planning to merge with Spanish airline company Iberia.
This merger deal is worth around USD 7 billion and it would create the world’s third largest airline company in terms of revenues.
The two companies are aiming to complete the merger by the end of [...]
Tata Motors European Technical Centre gets a loan from UK government
Tata Motors has announced that their UK based subsidiary Tata Motors European Technical Centre has received a loan of £10 million from the UK government.
These funds are to develop electric vehicles for sale in the UK market.
These funds have been provided under the UK [...]
Sunday Times to be tested for paid access by News Corp
Market sources say that the British newspaper Sunday Times would become the test pad for the paid access service being planned by News Corp on all their news properties.
Sunday Times currently share their website with The Times daily.
News Corp would shift Sunday Times [...]
Jaguar XJ launched in UK by Tata Motors
Tata Motors has announced the launch of their new luxury model Jaguar XJ in the British market.
This new Jaguar model has been priced at 52,500 pounds which comes to around Rs. 40 lakhs.
The company said that this is the first model from the company to [...]
Vodafone considering bidding for T-Mobile UK
Financial Times has reported that UK based telecom giant Vodafone is considering putting a bid for T-Mobile UK.
Vodafone might announce a bid or they might go for a joint venture with the rival company.
The company is probably aiming to get a bigger share of the UK market.
The report [...]
Ratan Tata: Buying Jaguar Land Rover was a terrific business decision
Tata Motors has just posted a massive loss mostly because of their Jaguar Land Rover subsidiaries.
However, Ratan Tata is not bothered by these small disappointments.
He still says that acquiring the legendary brands was a terrific decision and they are aiming to bring back glory [...]
Tata Motors posts annual loss
Tata Motors has come out with their latest revenue report and the company has posted their first annual loss in eight years.
The company has also announced more job cuts. Tata is also going to close down some more plants related to Jaguar and Land Rover.
Tata Motors posted a consolidated [...]
Manchester United looking towards Sahara for partnership
World’s most popular soccer club Manchester United is looking towards an Indian company for sponsorship.
Manchester United has apparently approached Sahara group for a sponsorship deal.
AIG is currently one of the major promoters of the British club but they are themselves going through a major crisis.
This has made Manchester [...]
Western Union launches mobile money transfer service
Western Union has announced that they are now collaborating with Vodafone Group to launch mobile money transfer service.
This service would be tested by customers who would be able to transfer money to Kenya from Britain.
They would be able to transfer the funds to subscribers of [...]
