Tata motors dream of a “1 Lakh car” was realised earlier this month when the revealed their new “Nano” car.
I believe that production has yet to start, I would be interested to know the price of the previous small cars when they where released. Such as the original ‘mini’ and the other ‘peoples car’ the Volkswagen Beatle.
The international section of the Der Spiegel website have conducted an interview with indian industrialist Ratan Tata.
SPIEGEL: Mr. Tata, the purchase of Corus is the largest ever takeover of a foreign firm by an Indian company. Was this just a business deal, or — as many observers have suggested — a symbol of India’s growing influence?
Tata: It is primarily a strategic acquisition. Corus offers us a good springboard for entry into the European market. It enables us to achieve a global scale. And most important: Corus employees are similar to ours and used to producing our kind of top quality products. All things considered, it was a very good expansion of our steel business. And even if I don’t see the deal symbolically — maybe it shows that an Indian company now not only wants to play an important role in India, but also seeks to be a global player.
The new front cover designs of the new Harry Potter book have been realeased! I remember the last Harry Potter book was all over the press when it was realsed too, with the conroversy about releasing the book simultaneosly, and people from the town it was printed in making bets about the plot. No doubt we will have the same fiasco this time too.
I know this is a popular series of books, but isn’t it a bit much to have two book covers for the same book?
I mean it’s written for children, the contents are the same, right? So if you would be embarrased to read the childrens version on the train, why not the same book in a different cover?
New scientist Editor Jeremy Webb has interviewed prime minister Tony Blair in a podcast. The prime minister talks about the importance of scientists to the future of the economy of Britain. He says scientists need to engage more with the public and with industry to exploit scientific ideas.
The interview discusses issues including links between academia and industry, ethics, stem cell research, MMR vaccine, animal testing, nuclear power, carbon dioxide emissions, genetically modified foods, creationism, and faith schools. (more…)
The Corus board will recommend the bid by Tata Group which values the company at 4.3 bn pounds.
The deal will secure access to Tata’s supply of iron ore, which could be used to make production in Britain more economical. This may be necessary to compete with an Arcelor-Mittal which may have almost free Iron ore from Liberia.
Tata will benefit by access to the European market for it’s cheap steels, Tata having won many awards for the most economical production.
Watch how to, and how not to make business presentations. A new series of BBC Two’s show Dragons’ Den is available to watch online. Inventors and potential Entrepreneurs (this word doesn’t exist in french) pitch their ideas to five potential investors to win the investment they need to make their ideas a reality.
