www.gulf-times.com/site/topics/article.asp?cu_no=2&item -
[Cached Version]
Published on: 1/5/2008
Last Visited: 1/5/2008
"From a technology point of view and given the Tatas' global ambitions, this purchase would make a lot of sense," said Chirag Shah, analyst at Mumbai's Emkay Securities. "If they (Tata Motors) want to move into the league of the VWs and the Audis, they need to make these kinds of investments," Shah said.
...
And it has pumped in $10bn more in trying to turn the brands around," said Shah.
...
"From a technology point of view and given the Tatas' global ambitions, this purchase would make a lot of sense," said Chirag Shah, analyst at Mumbai's Emkay Securities. "If they (Tata Motors) want to move into the league of the VWs and the Audis, they need to make these kinds of investments," Shah said.
...
And it has pumped in $10bn more in trying to turn the brands around," said Shah.