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Instead of the iconic “Jaguar” on the hood ornament, perhaps we’ll get a pachyderm instead..
These are not government acquisitions. This is private money being exchanged for private companies. Rathan Tata is a very wealthy individual, and is putting his money where he pleases.
http://www.rediff.com/money/2007/dec/20tata.htm
Tatas demand apology from Orient-Express
| December 20, 2007 09:45 IST Last Updated: December 20, 2007 15:26 IST The Tatas have sought an apology from Orient-Express Hotels for its "libellous" remark that sought to show the Indian conglomerate's hospitality business in poor light. In a strongly worded letter to OEH's CEO Paul White, Indian Hotels vice-chairman R K Krishna Kumar said, "The purpose of this letter is not to pursue a dialogue directly with you but to set the record straight on our intentions in approaching your company." The Indian Hotels executive added that given Taj Hotels' reputation as one of the world's most trusted brands in hospitality, he felt compelled to correct the misinformation that has been circulating in the news media as a result of the letter written by White. White in a letter to Indian Hotels had said that tying up with the "predominantly Indian" hospitality firm will erode the US hospitality chain's brand image. "We ask OEH to publish a formal apology to Taj Hotels using the same channels that OEH used to publicise its letter to Taj Hotels, including posting the apology on its global web site," Kumar said. "Taj Hotels is a proud Indian company, and it will persevere with its global expansion strategy. Indian companies will continue to play a meaningful role in the ongoing global economic integration... Enterprises and individuals must... adapt to these fundamental economic changes... those with a fossilised frame of mind risk being marginalised." Queries sent to White's office by PTI remained unanswered and officials at his London office said he had gone on leave and would return only by January 2. White's letter had triggered strong reactions from the Indian industry and government officials, who cautioned against any move to sabotage Indian companies' global expansion plans. Kumar's letter, dated December 19, a copy of which was filed with the market regulator Securities Exchange Commission in the US where OEH is listed, came in response to a letter written by White on December 10, in which he had rejected an alliance proposal from Tatas. "Having received and carefully read your letter dated December 10, my initial reaction was one of surprise. I could only infer from the language and tone of the letter, which was highly misinformed and unduly aggressive, that it could not have been written by a senior member of OEH's management team and supported by the company's board," Kumar said. Kumar further wrote, "I thought perhaps it was written on your behalf by an over-zealous adviser and released before it was properly vetted by your office. However, as time passed and your team commented publicly about the letter and its contents, it became clear to me that this letter was indeed written with your full consent." "This was extremely distressing to me, as Indian Hotels found the letter to be pejorative, inaccurate and libellous," he noted. Kumar said that he had proposed a meeting "only to explore the identified opportunities for working together and any responsible company would have engaged in a conversation with its single largest shareholder."
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Crap is crap...no matter which country is producing it.
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Jaguar hasn’t been a real luxury sports car for decades - the last serious Jag was the XKE. We call the Jaguar a “Ford-you-are” now, but what the cars have lost in cachet they have gained in reliability (so I’m told - haven’t had one since the XK150). If it goes Indian, there’ll be no gain in cachet and we’ll get even less than British reliability. Who’d buy an Indian Jag other than an Indian doctor?
something tells me outsourcing is about to go on steroids.
The car’s computer will be programmed to run the vehicle off the road if it is in danger of hitting animals not smart enough to get out of the way.
Remember the Jerry Seinfeld episode where the sweat from the car parker totally permeated the interior???
Maybe the new Jag will come with a new “new car” smell!
is India bad for Jaguar ?
....gonna have to ‘splain the red dot on the grill , no ?
I’m just sayin’
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