Saturday, July 30, 2011

Finance News

Finance news that made quite uproar in the global market was the take over of Jaguar by the Tata Sons company. Tata is a multinational company based in India and headed by Ratan Tata. The company bought the brands Jaguar and Range rovers last year. Both these brands are immensely popular in the global automobile market in the higher segment of cards. Hence this take over is seen as a step ahead for the company. The Tata sons also owns the Tata Motors which is a very popular car manufacturer in the sub continents and has come out with the Tata Nano, the cheapest car in the world which costs slightly higher that a motorbike without compromising quality or safety.