Jaguar Land Rover turns to China, India

(MUMBAI) Jaguar Land Rover, the luxury vehicle division of Tata Motors Ltd, expects emerging economies to account for as much as a third of the unit's sales as demand in the United States and Europe plunges due to recession.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,339756,00.html?

Owning a Nano a dream come true for cobbler

(MUMBAI) When Ratan Tata, the head of India's Tata Motors, said the company was planning to build the world's cheapest car, he could have had in mind Maruti Jaywant Bhandare as his ideal client.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,339583,00.html?

Deficit okay if govt spending covers gaps: adviser

(MUMBAI) A higher-than-normal fiscal deficit should not be a concern for Indian interest rates if government spending bridges the gaps in private investment, a policy adviser said on Tuesday.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,339102,00.html?

Scandal-hit Satyam re-branding itself

(MUMBAI) Indian outsourcing firm Satyam Computer announced yesterday that it was re-branding itself as it tries to recover from the country's worst-ever corporate scandal.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,338760,00.html?

India may sell 10% of Bharat Heavy

(NEW DELHI) India is considering selling 10 per cent of Bharat Heavy Electricals Ltd, its biggest power-equipment maker, in what would be the government's biggest asset divestment in more than five years.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,338569,00.html?

Mahindra to help India beat China to US car market

(MUMBAI) Mahindra & Mahindra Ltd, India's largest maker of sport-utility vehicles, is betting its diesel pickup trucks can beat the Chinese to the US market.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,338123,00.html?

Younger Ambani wins suit over supply of gas to his firm

(MUMBAI) Mukesh Ambani's Reliance Industries Ltd was ordered to sell natural gas to a company owned by his younger brother Anil Ambani for 44 per cent less than the government-set price, lawyers said.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,337761,00.html?

Tata hotel unit profit down 96%

(MUMBAI) Tata Group's hospitality arm Indian Hotels Co Ltd said last Friday that its annual net profit plunged 96.4 per cent, hit by last November's militant attack on its landmark Taj Mahal hotel.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,337599,00.html?

Indian lawyers oppose foreign firms

(NEW DELHI) Indian lawyers said they rejected opening the country's legal market to foreign law firms after a June 8 meeting with Law Minister Veerappa Moily.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,337324,00.html?

India has room to raise public spending: PM

(NEW DELHI) India can counter the global slowdown through public spending, particularly on infrastructure, but that alone will not restore the economy to 9 per cent growth rate, Prime Minister Manmohan Singh said yesterday.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,336959,00.html?

Bollywood revenue- sharing dispute resolved

(MUMBAI) Bollywood producers and Indian multiplex officials have resolved their dispute over revenue sharing, ending a nine-week boycott on new film releases in the movie-mad country.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,336619,00.html?