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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Reverse outsourcing: TCS sets up new delivery center in Ohio, to employ 1,000 people Call it reverse outsourcing. India's No.1 IT services provider Tata Consultancy Services (TCS) announced that it will be expanding its operations in the US with a new software development and delivery center TCS Seven Hills Park which will employ at least 1000 people. 20 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
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Tata to inject $500 million to fuel WiMax spread in India Tata Communications, an emerging broadband player has announced that it will invest $500 million over the next three years and connect 200,000 retail customers using WiMax by March 2009. 13 Mar 2008
TCS to provide R&D for Nokia-Siemens Tata Consultancy Services (TCS), a leading Indian IT services firm has signed a multi-million Euro agreement with Nokia Siemens Networks (NSN), one of the world's foremost enablers of communications services. 05 Mar 2008
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TTSL to launch Virgin Mobile in India Tata Teleservices (TTSL), India's second largest CDMA operator with 22 million customers, will be launching Virgin Mobile, a unit of British communications group Virgin Media, in India. 05 Mar 2008
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Virgin Mobile in India with Tata Teleservices Virgin Mobile, a unit of British communications group Virgin Media, has launched youth-focused services in India through telecom operator Tata Teleservices, officials from the companies said on Sunday. 02 Mar 2008