Tatas launch hostile take over for Brit luxury chain Orient Express Hotels

[kurup]

What an irony ? The tide of time has reversed the equation and its Indian imperialism in Britain. Not exactly though, but after owning British brands and football club, its turn of hotels.

Its time that Britishers also admit to the fact that even if they provide aid for poor people of India, its Indian companies providing them jobs.

So next time they question our space program and their funds to India, they should also look at what we give them back. We are saving their jobs too. The European Consortium wanted EFT for MMRCA deal as it would have resulted in thousands of jobs spanning over many years.

We can expect more visit from Cameroon if things keep going this way.

Greatest irony of all , An Indian now owns East India Company

Sanjiv Mehta, a Mumbai-born entrepreneur is the present owner of East India Company (EIC).

An Indian now owns East India Company

 

[CZAR]

Luxury hotels r high profit margin business...

Other than that the best engine manufacturers r Germans n they sell like hot cakes so i guess its a bit difficult to acquire them

But Mahindra last year acquired Korean SUV maker Ssang Dong n planning to co-develop 3 new engines with them in next 2-3 years...
N Bajaj is having technical colloboration with KTM(in which it holds 47% stake) for water cooled in engine tech.
N we all know who is making Land Rover & Jaguar these days

I know these r not what u were expecting but i think these r small steps in right direction...

Just a couple of things. One, Hospitality is not a high profit margin business. The unconsolidated balance sheets of a few listed players like tata and ITC, will tell you that.

Second, there is no company called Ssang Dong. M&M bought Ssangyong.

On Topic - other than these symbolic moves, India Inc should be looking to invest more in Africa. That continent has massive, untapped resources and is a potential market as well. And we are way behind the chinese in Africa.

 

[Yogi]

Just a couple of things. One, Hospitality is not a high profit margin business. The unconsolidated balance sheets of a few listed players like tata and ITC, will tell you that.

Second, there is no company called Ssang Dong. M&M bought Ssangyong.

On Topic - other than these symbolic moves, India Inc should be looking to invest more in Africa. That continent has massive, untapped resources and is a potential market as well. And we are way behind the chinese in Africa.

Ok i agree i messed up a bit the Ssangyong part but hospitality is a good margins business n consolidated balance sheets won't give u the real picture as there r various ways hide profits as far as hotels r concerned but check this new -
M&M renews talks to buy US based aircraft maker Hawker
Beechcraft

www.defence.pk/forums/indian-defence/214155-m-m-renews-talks-buy-us-based-aircraft-maker-hawker-beechcraft.html#post3514837

Hope that will cheer u up a bit

 

[Fireurimagination]

Ratan Tata said on television after Lakshmi Mittal's hostile take over of Arcelor, that hostile take overs are not Tata Group's thing, so what changed?

 

[Supply&Demand]

Ratan Tata said on television after Lakshmi Mittal's hostile take over of Arcelor, that hostile take overs are not Tata Group's thing, so what changed?

As the paper mentioned.. may be he wants a big victory before he leaves...and also may be the influence of new blood.

 

[CZAR]

Ok i agree i messed up a bit the Ssangyong part but hospitality is a good margins business n consolidated balance sheets won't give u the real picture as there r various ways hide profits as far as hotels r concerned but check this new -
M&M renews talks to buy US based aircraft maker Hawker
Beechcraft

www.defence.pk/forums/indian-defence/214155-m-m-renews-talks-buy-us-based-aircraft-maker-hawker-beechcraft.html#post3514837

Hope that will cheer u up a bit

well...the players like tatas and ITCs, which are listed on the stock market have very stiff reporting standards which have to be in compliance with sebi norms. Also, under-reporting net income, would also invite the wrath of the tax department. These are some of India's biggest and most reputed cos. I doubt that they would risk the goodwill of their brand by trying to save a couple of bucks through under-reporting. Hospitality is barely a profitable industry, leave alone a high-profit-margin industry. Anyways, enough with the hotels and profits.

Was only trying to make a point that Africa should be the next step for Indian cos planning to go global.