01%. Observers say this was to partly fund the Corus acquisition. have hit the bottom line of Indian software and services companies. It is not an appropriate time to sell a further stake in TCS, particularly as the market might read wrong signals into it. money won be a problem, says Chakraborty. Some analysts see this acquisition or another like it as Puma Rihanna Suede Creepers
With the deadline for Americans to file their income taxes looming, there's a good chance you've heard .
something that is necessary to further the Tatas globalization plans. Other companies in the group have stepped forward smartly with acquisitions such as Corus and tea major Tetley. Tata Corus is the world fifth largest steel maker, and Tata Tea Tetley is now the second largest tea brand in the world.
ations in the country allowed them to go it alone. More recently, the Tatas sold their 30% stake in VitaminWater maker Glaceau to Coca Cola for $1. 2 billion. The Tatas had paid $677 million for Glaceau less than a year ago. Besides, Ratan Tata first independent assignment at the group was to close down textile company Empress Mills the first time in the history of the Tatas that a functioning company was shuttered. people were skeptical Puma Creepers Blue
when he first unveiled his auto sector plans, says a senior Tata official. he has proved himself. And he also knows when to abandon a sinking ship when there is no other option. Another question that analysts are asking concerns the funding plan for Jaguar Land Rover.
cash flow will face pressures this year. Until interest rates fall, commercial vehicles will not move at the needed speed. There Puma Rihanna Rose Gold is also another issue. Many of the group purchases and investments have been partly funded by Tata Sons, the holding company for Tata Consultancy Services (TCS). For instance, Tata Sons divested about 2% of its stake in TCS earlier this year, bringing its holding down from 78. 35% to 76.
True, Tata Motors won have to cough up big bucks immediately. But the latest quarterly results haven been heartening. Credit Suisse fears that Tata Motors Puma Fenty Creepers Black Oatmeal