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Out of India?

Is there any stopping Tata? It seems to be buying stuff on a daily basis. Today’s crop of purchases include Boston’s Ritz-Carlton Hotel, and, of more note for the truck industry – in which Tata is India’s biggest player – it now looks as if it is about to embark on a £5.5 billion bid for Corus Steel. So much for the emerged markets investing in the emerging: although whispers suggest that Volvo and DC are getting close to taking a lump of Ashok and Eicher respectively, it’s beginning to look as if the investment traffic between Europe and India is running on a very much two-way street.

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This page contains a single entry from the blog posted on October 5, 2006 9:23 AM.

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