Tata Motors could launch an electric car by the end of the year
Tata has already stated it several times that they are working on hybrid and electric versions of their cars for selected international markets.
The company has now revealed that one of the electric cars could be ready for sale as soon as September this [...]
Inditex to land in India through Tata Group
Inditex is the Europe’s biggest clothing chain. The company is now planning to enter the Indian market through a collaboration with India’s Tata Group conglomerate.
The company would open retail stores in the Indian market to expand their presence worldwide.
Inditex would own a 51 percent stake in joint [...]
Tata Motors confirms exit from Singur
Tata Motors has now confirmed that they are moving out of Singur West Bengal.
The final decision was made after a meeting between Tata Group Chairman Ratan Tata met West Bengal Chief Minister Buddhadeb Bhattacharjee.
The meeting was also attended by Tata Motors’ managing director Ravi Kant.
Tata is now expected to finalize [...]
Tesco collaborates with Tata for Indian venture
UK based retailing giant Tesco has announced that they are collaborating with Tata to enter the Indian market.
The company would establish open wholesale grocery stores in India. These stores would then provide supplies to hypermarkets owned by Tata Group.
Tesco CEO Terry Leahy spoke about this new development: “This is [...]
Tata Group not interested in Ferrari stake as reported
Market sources had claimed that India’s Tata Group had expressed their interest in acquiring a stake in the Fiat owned luxury brand Ferrari.
The company has now clarified the rumors and said: “Tata Group wishes to clarify that the statement has been misquoted and taken out of context.”
A [...]
