South Asian Business news and information

Tata Motors and Mahindra & Mahindra Ltd. are in the race to buy Jaguar Cars and Land Rover from Ford. This is a clear indication that Indian companies are planning to become global players in the auto industry. Both of these companies are successful in Indian market. In the last few days, people are talking a lot about Jaguar-Land Rover Bid in India and the UK. However, the small investors in India are not that upbeat.

Guardian wrote:

But investors have given the plan a thumbs down: Tata Motors shares are down 4.7 percent since the first report of its interest in mid-July, while Mahindra shares have lost 9.2 percent in a record-setting share market that gained 26 percent over the same period.

Analysts say there are concerns ranging from funding the acquisition in tight credit markets, to diverting resources from their own ambitious plans in the fast-growing Indian market and beyond, to possible conditions attached to a sale.

Today, Tata Motors received positive feedback from the union leaders in UK. So, let us see if Indian investors become excited with this news.

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