Tata: Too Far, Too Fast in Jaguar-Land Rover Acquisition

MUMBAI – Ratan Tata admits in an interview with The Sunday Times of London his company’s multibillion-dollar investments in steel maker Corus and British luxury marques Jaguar and Land Rover were made at the most inopportune time.

Tata Steel, a division of Tata Group, reportedly paid $10.3 billion for Corus in 2007, while ...

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