Tata’s $2.3b Folly – Buying Jaguar, Land Rover

Indian conglomerate Tata has acquired Ford’s ailing brands Jaguar and Land Rover for $2.3 billion. For years, Jaguar has been a millstone round Ford’s neck. We find it hard to accept that this is a smart business move from the Tata Group. For several years, Lexus, BMW and Mercedes have made mincemeat of Jaguar. Jaguar […]

Bollywood Goes to Wal-Mart in Canada

No kidding.  Bollywood DVDs from Eros Entertainment will soon be available at Wal-Mart stores in Canada. Bollywood movie distributor and producer Eros Entertainment has entered into a tie up with Wal-Mart Canada to peddle its collection of Indian movies. Initially, Eros’ Bollywood DVDs will be available in 27 Wal-Mart stores and subsequently the entire Canadian […]

Thomson to Debut DVD Operation in Bangalore

DVD and CD manufacturer and distributor Thomson’s Technicolor Division plans to launch a DVD Compression & Authoring Operation in the South Indian city of Bangalore. Set to open in May 2008, the new DVD Compression & Authoring  facility will be managed by Sumit Malik. The new DVD Compression & Authoring facility will focus on the […]

Supreme Court Puts Narendra Modi in the Dock

The Supreme Court of India today put Gujarat Chief Minister Narendra Modi in the dock by ordering a fresh investigation by a Special Investigation Team (SIT) into the 2002 communal riots that led to the massacre of over a thousand Muslims. Comprising a total of five members (three senior IPS officers from Gujarat, retired CBI Director […]

Race Has So-So Box Office Debut in USA

Compared to Jodhaa Akbar (Hrithik Roshan-Aishwarya Rai) and Om Shanti Om (Shahrukh Khan-Deepika Padukone), Race has not done that well in the opening March 21-23, 2008 weekend at the U.S. box office. According to the March 21-23 weekend box office numbers, Race grossed $802,254 and came in at No-18 at the U.S. box office. In […]

VMware Screws USA, to Invest $100m in India

What an irony! When Indian IT companies like Tata Consultancy Services and Wipro are stepping up their investments in the U.S., VMware is going the other way. Virtualization software house VMware joined the hordes of U.S. corporations that are screwing American workers with its just-announced plans to boost research and development operations in India through […]