Sun, 11 May 2008 19:07:23 GMT
3 govt banks to part-fund Tata Motors` JLR buy (Business Standard India)
Leading Indian public sector banks State Bank of India (SBI), Bank of Baroda (BoB) and Syndicate Bank are close to committing a part of the $3 billion bridge loan that Tata Motors has to raise to finance the acquisition of Jaguar and Land Rover from Ford. | Fri, 09 May 2008 08:46:58 GMT
Ford welcomes Kerkorian stake (Louisville Courier-Journal)
Ford Motor Co. welcomed a significant investment by billionaire Kirk Kerkorian, and executives told shareholders in Wilmington, Del., yesterday that it underscored the strength of turnaround plans for the second-largest U.S.-owned automaker. | Fri, 09 May 2008 10:23:34 GMT
(AFX UK Focus) 2008-05-09 11:00 Torotrak joins low carbon vehicles development consortium UPDATE (Interactive Investor)
(Adds further consortium details) | Fri, 09 May 2008 05:53:15 GMT
(AFX UK Focus) 2008-05-09 06:21 Indian shares little changed ahead of inflation data; Bharti Airtel top gainer (Interactive Investor)
MUMBAI (Thomson Financial) - Indian shares were little changed in early deals Friday amid mixed Asian cues, as investors await inflation data to be released at noon today. | Thu, 08 May 2008 11:51:55 GMT
(AFX UK Focus) 2008-05-08 12:49 India's April automobile sales up on excise duty cuts, tough comparatives (Interactive Investor)
MUMBAI (Thomson Financial) - India's automobile sector reported higher sales in April, with good numbers from passenger, commercial and two wheeler manufacturers, benefiting from the excise duty cuts in the federal budget and tough comparatives. | Wed, 07 May 2008 19:11:09 GMT
Canada says security costs hurt domestic carmakers (The Globe and Mail)
OTTAWA (Reuters) - Chinese and Indian cars will soon hit the North American market and will have a price advantage, partly because security-related costs add to the price of North American vehicles, Canadian Industry Minister Jim Prentice said on Wednesday. | Tue, 06 May 2008 14:33:51 GMT
Asahi India posts quarterly loss as input costs rise (Reuters via Yahoo! India News)
NEW DELHI (Reuters) - Asahi India Glass posted a quarterly loss and a sharp fall in annual profits as input costs outstripped sales, but it expects financials to improve in the current fiscal on more higher-margin products. |
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Sun, 11 May 2008 18:58:43 GMT
3 govt banks to part-fund Tata Motors` JLR buyBusiness Standard, India - 1 hour agoA Tata Motors spokesperson declined to comment on the issue. Banking sources said the average interest rate works out to 135 basis points above the London ... |
| Sun, 11 May 2008 19:24:15 GMT
Setco emerges as biggest supplier for clutchesEconomic Times, India - 1 hour agoIt was the time when even the likes of Tata Motors made a loss. But blaming it on recession does not help when you are running a factory, says Sheth. ... |
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