Business Daily from THE HINDU group of publications
Tuesday, Apr 01, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Tuesday, Apr 01, 2008 ePaper | Mobile/PDA Version |
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Opinion
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Letters On the surge This refers to the editorial, “Uphill road” (Business Line, March 28). No doubt, after the Corus acquisition, the Tatas have set another landmark in the history of their surging growth. But as a giant corporate with lot of investment by shareholding from the general public, there should have been more transparency. There could be doubts in the minds of investors as to how the funding could be arranged and whether the cost of such funding would cost dear to all concerned. The Corus deal brought mixed reactions initially. The JLR deal would undoubtedly help the Tatas bring out challenging models in the luxury car segment. The entire car industry will get a boost through this deal. A giant leap indeed! C. P. Velayudhan Nair Kochi More Stories on : Letters | Cars | Mergers & Acquisitions
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