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Feb 14, 2013

Tata Motors Q3 profit falls as JLR cash boom shifts into reverse

MUMBAI, Feb 14 (Reuters) – Hit by falling margins and rising
capital expenditure, roaring Jaguar Land Rover (JLR) may be
heading for a speed trap.

Rising investment is eating into the luxury carmaker’s cash
pile and raising the prospect of fresh borrowing, as falling
profitability saw parent Tata Motors Ltd post its
first drop in profits in five quarters.

Feb 14, 2013

Tata Motors third quarter profit falls as JLR cash boom shifts into reverse

MUMBAI (Reuters) – Hit by falling margins and rising capital expenditure, roaring Jaguar Land Rover (JLR) may be heading for a speed trap.

Rising investment is eating into the luxury carmaker’s cash pile and raising the prospect of fresh borrowing, as falling profitability saw parent Tata Motors Ltd (TAMO.NS: Quote, Profile, Research, Stock Buzz) post its first drop in profits in five quarters.

Feb 13, 2013

Tata Motors set for profit fall as JLR cash boom shifts into reverse

MUMBAI, Feb 14 (Reuters) – Hit by falling margins and rising
capital expenditure, roaring Jaguar Land Rover (JLR) may be
heading for a speed trap.

Rising investment is eating into the luxury carmaker’s cash
pile and raising the prospect of fresh borrowing, while falling
profitability is set to tip parent Tata Motors into a
first drop in profits in five quarters.

Jan 28, 2013

South Asia turns to home-grown writers to drive publishing growth

JAIPUR, India (Reuters) – A hunt for home-grown South Asian literary talent is drawing Western publishing houses to India, snapping up a new generation of writing for a local market out-performing the West and with huge growth potential.

Twenty years ago, South Asia’s place on the literary map was marked by writers such as Salman Rushdie and Rohinton Mistry: authors of South Asian descent writing in the West for predominantly Western readers and Western acclaim.

Jan 24, 2013

Banned China, Russia writers on Man Booker International list

JAIPUR, India, Jan 24 (Reuters) – Two authors who had books
banned in their home countries featured prominently in the list
of 10 nominees for the 2013 Man Booker International Prize, the
judging panel said on Thursday.

Chinese author Yan Lianke and Russia’s Vladimir Sorokin
stood out from a list of nominees from nine different countries
in the running for the 60,000 pound ($95,000) prize for global
writers whose fiction is written in or translated into English.

Jan 14, 2013

Big test for Jaguar Land Rover under Tata Motors

SOLIHULL, England/MUMBAI (Reuters) – Jaguar Land Rover has roared to health in the four years since it was bought by Tata motors, but now comes the hard part for the luxury British automaker: proving it can build new models without former owner Ford.

Since Tata (TAMO.NS: Quote, Profile, Research) took a $2.3 billion gamble to buy JLR from Ford (F.N: Quote, Profile, Research) at the height of the financial crisis, it has discovered a formula for success, surprising sceptics by winning new customers in Asia.

Jan 14, 2013

Big test for UK luxury carmaker under Indian owners

SOLIHULL, England/MUMBAI, Jan 14 (Reuters) – Jaguar Land
Rover has roared to health in the four years since it was bought
by India’s Tata motors, but now comes the hard part for the
luxury British automaker: proving it can build new models
without former owner Ford.

Since Tata took a $2.3 billion gamble to buy JLR
from Ford at the height of the financial crisis, it has
discovered a formula for success, surprising sceptics by winning
new customers in Asia.

Dec 25, 2012

Tata Motors goes back to drawing board at Pimpri unit

PIMPRI, India (Reuters) – Deep in Tata Motors’ largest factory, engineers don 3D glasses to play with car designs and prototypes projected from a 10-metre wide computer screen. Their quest? The automaker’s next blockbuster car model.

The research and development team’s task is a pressing one. As they work, sections of conveyor belt and welding stations lay silent at the Pimpri factory and lines of white and silver Indica hatchbacks gather dust along service roads outside.

Dec 24, 2012

Tata goes back to drawing board at stalled Pimpri unit

PIMPRI, India (Reuters) – Deep in Tata Motors’ (TAMO.NS: Quote, Profile, Research) largest factory, engineers don 3D glasses to play with car designs and prototypes projected from a 10-metre wide computer screen. Their quest? The automaker’s next blockbuster car model.

The research and development team’s task is a pressing one. As they work, sections of conveyor belt and welding stations lay silent at the Pimpri factory and lines of white and silver Indica hatchbacks gather dust along service roads outside.

Dec 23, 2012

Tata goes back to drawing board at stalled Indian car unit

PIMPRI, India, Dec 24 (Reuters) – Deep in Tata Motors’
largest factory, engineers don 3D glasses to play with
car designs and prototypes projected from a 10-metre wide
computer screen. Their quest? The Indian automaker’s next
blockbuster car model.

The research and development team’s task is a pressing one.
As they work, sections of conveyor belt and welding stations lay
silent at the Pimpri factory and lines of white and silver
Indica hatchbacks gather dust along service roads outside.