Tata Motors is India's largest CV manufacturer, with an overall domestic market share of 59.4% in FY12 and the second largest producer of passenger vehicles (13.1% in FY12). In 2008, the company acquired two iconic brands, 'Jaguar' and 'Land Rover' from Ford for a total consideration of US$ 2.3 bn and this is likely to transform it into a global player in the passenger vehicles space. It is also credited with the launching of 'Nano', the world's cheapest car till date. Tata Motors is also the first company in the Indian automobile sector to be listed on the New York Stock Exchange.
A large number of women in the world are financially dependent on their husbands or parents. PersonalFN discusses why this is a cause of concern and the importance of financial independence among women.
Asad Dossani discuss when Portfolio Diversification Fails. Portfolio diversification can reduce your risk during normal market states. But when markets are crashing, portfolio diversification fails completely