âSince Tata Motors now has a fairly strong bottom line, they wouldn't have an issue with using internal accruals or raising more money from the markets,â said Mohit Arora, senior director at the consultancy group J.D. Power Asia Pacific, told Forbes.com from Singapore.
Mahindra & Mahindra is the worldâs fourth-largest tractor maker and has more of a global presence...
It also has more of an up-market focus and is likely to attempt expanding along those lines, Arora said.
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Full story here. Related story here.
ateixeira says:
09:29 AM, 07/27/07
The Land Rover purchase makes sense to me, but Jaguar?
navigator89 says:
04:26 PM, 07/27/07
Lol India is really doing well these days, and they keep taking over major foreign companies, notably the Arcelor steel merger.