NOW, $10 LAPTOP FOR STUDENTS

After displaying its prowess in developing the world's cheapest car, India is on track to rolling out the world's cheapest laptop computer that could cost as low as $10.

The Economic Times

Tata, Jaguar and Land Rover : Now What

What the Indian conglomerate will do with two luxury-car brands...

DEPENDING on which way you look at it, in acquiring Jaguar and Land Rover (JLR) from Ford for $2.3 billion, Tata Motors has either got itself two of the most famous brands in the car business at a bargain price—or a sea of troubles. In India there is both pride in Tata's global ambition and a fair dose of scepticism. Tata Group, the parent of Tata Motors, may be India's biggest industrial conglomerate, but there are concerns that it may have taken on more than it can manage. ....

The Economist
http://www.economist.com/business/
displaystory.cfm?story_id=10925609

SBI, others to raise $3 bn for Tata Motors

State Bank of India (SBI) led consortium will raise $3-billion loan by April for Tata Motors’ acquisitions abroad, including the $2-billion Jaguar and Land Rover deal. Apart from SBI, the consortium will include leading entities like Citibank, Standard Chartered, BNP Paribas, JP Morgan, Tokyo Mitsubishi UFJ and Mizuho Financial Group, a source said. The country’s largest lender is also in talks with two-three public sector banks to be a part of the consortium...

The Economic Times
http://economictimes.indiatimes.com/News/News_By_Industry/
Banking_Finance_/SBI_others_to_raise_3_bn_for_Tata_Motors/
articleshow/2879832.cms

World watches Tata Motors Nano unveils

It’s the car that promises to shake up the world automobile industry. The Tata Motors Nano, India’s first original contribution to the car industry, was unveiled on Thursday at a packed, near-stampede launch. As promised, it’s priced at Rs 1 lakh ($2,500). The history-making car, which many industry observers predict will be a huge hit in emerging and even advanced markets, is already attracting world-wide attention with television channels in Europe and the UK telecasting the event live. Already, the launch of the Tata small car, the cheapest in the world, is being compared to seminal events such as the launch of Ford Model T and Volkswagen Beetle.

The Economic Times
http://economictimes.indiatimes.com/
World_watches_Tata_Motors_unveil_Nano/
articleshow/2691032.cms