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Videocon keen on acquiring Motorola's handset business India's largest consumer electronics and home appliance maker, Videocon Industries said, Tuesday, it will bid for the ailing handset unit of Motorola Inc., if the US firm ever decides to sell the business. 01 Apr 2008
Motorola to break Into 2 companies Motorola Inc. bowed to pressure from investors Wednesday, announcing a plan to split its struggling cell phone business from other operations to form two separate publicly traded companies. 27 Mar 2008
Tata Motors set to seal Land Rover, Jaguar deal by Wednesday Tata Motors, the automotive arm of India's Tata Group, is all set to clinch talks with US automaker Ford Motor Co. and become the new owner of Land Rover and Jaguar with an announcement to the effect expected as early as Wednesday. 25 Mar 2008
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Tata Group denies eyeing Ferrari stake Tata Group's automobile arm, Tata Motors, has denied being interested in Fiat's luxury sports car unit Ferrari after an Italian magazine cited him in an interview as saying that he was keen on acquiring a stake in Ferrari. 22 Mar 2008
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Tata Motors raises $3 billion, may clinch deal with Ford next week Tata Motors has arranged a $3 billion one-year bridge loan from a consortium of domestic and international banks led by State Bank of India (SBI) to finance the acquisition of cash-strapped Ford Motor Co.'s British luxury brands Jaguar and Land Rover and is set to clinch the deal next week. 19 Mar 2008
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Tata Motors appoints SBI as lead manager to raise $3 billion acquisition corpus Tata Group's automobile arm, Tata Motors has appointed India's No.1 bank, State Bank of India (SBI) as the sole lead manager to raise $3 billion, a part of which will be used to fund the acquisition of Ford Motor Co.'s British luxury brands, Jaguar and Land Rover. 18 Mar 2008
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Tata Motors to raise Rs.4,000 crore for expansion and acquisitions India's leading automobile maker, Tata Motors, which is currently in the final stages of talks for takeover of Jaguar and Land Rover brands from the American car company, Ford Motor, is planning to raise Rs.4,000 crore to part finance its expansion and acquisition activities. 14 Mar 2008