adventure62

Under The Radar News - Friday

Dear Mr. Eli:

Your article shows the ignorance about Tata group. Please get some education on Tata group before making the statement. Tata group has bought Corus steel in Europe, did they move the operation to India?.


Can you please explain why did unions in UK agreed for a buyout by Tata group?. This merger has the blessing of trade union.
Tata group has a long history of work ethics and dependence. They are equivalent to GE.
Ford has failed to make on profit onn these brands due to poor management. Tata has management to make it profitable. Why do you think Tata spent $3B to buy these brands?.
Tata group has also bought Tyco cables few years ago and that entity is now part of Tata Communications.

You should get out of your shell and see the world. Be carfeul to make unjustified comments about companies when you are ignorant.
BTW,in few years, there will be more Jaguars and Land Rovers in India than combined US & Europe and all made in Europe.

Invest Globally, Not Just Locally

I agree with Mr. Sethia but let me point out few things about US corporations. Everyone has seen the failure of several companies
TYCO, WCOM,.....A good number of US corporate management is only interested getting their stock options and inflating the short term stock values. Very few companies have management that is not looking at personal financial greed. There is a severe corporate governance and ethics issue in corporate America. Until these isues are fixed, American companies will loose out to better managed foreign companies. Subprime issue shows the fickle and corporate greed of American financial institutions. If one takes all these variables of corporate America and compares the foreign markets, US market is equally risky. Manufacturing has gone from America and that means loss of R&D and other work. US companies will not be able to survive very long if they continue to focus on short term stock manupulation. Just look at the pay package of CEOs. It says a lot about companies !