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November 1, 2008

One of the biggest and most frightening risks is that of terrorism. Darrell Delamaide looks at two recent attacks that have brought the risk into reality for business-owning families and analyses what you can do to prevent such an eventuality

It was every business owner's nightmare. A truck bomb with more than 800 pounds of explosives ripped through the Marriott Hotel in Pakistan's capital city, Islamabad, on 20 September 2008, killing more than 50 people, wounding hundreds more and leaving a crater 25 feet deep.

October 16, 2008

Test driving the new Jaguar XKR is a tough job, but someone has to do it. Antje Doel spent a day roaring up and down Italy's Amalfi coast road to put family-owned Tata's latest acquisition through its paces

Since Jaguar and Land Rover were acquired from Ford by fellow family-owned company Tata Motors earlier this year, new life has been breathed into these  traditional British car brands.

Tata Motors, which bought the pair for $2.3billion, is India's leading car manufacturer and has come a long way since starting out in 1945 as Tata Engineering and Locomotive Co Ltd. Today, it is part of the Tata and Sons Group, founded by Jamshetji Tata and J Baker.

October 8, 2008

Ratan N Tata has revealed his extreme anguish at the unstable nature of India’s West Bengal state which has forced the family-owned business to relocate its manufacturing plant for the much heralded Tata Nano car.

Ratan N Tata, chairman of Tata Sons and Tata Motors, has revealed his extreme anguish at the unstable nature of India’s West Bengal state which has forced the family-owned business to relocate its manufacturing plant for the much heralded Tata Nano car.

The plant in West Bengal has been built up over the past two years but threats, intimidation and assault have led Tata to abandon the region in favour of Gujarat state. The company has directly accused local political parties for the heightened level of agitation and hostility.

August 13, 2008

Family-owned Tata Group has joined forces with one of the world’s leading international retailers in a deal that will see the Indian conglomerate modernise its hypermarket business.

Family-owned Tata Group has joined forces with one of the world's leading international retailers in a deal that will see the Indian conglomerate modernise its hypermarket business.

Trent, the retail arm of the Tata Group, has agreed an exclusive franchise agreement with Tesco, the UK's leading retailer. Under the terms of the deal, Trent's Star Bazaar hypermarkets will be given access to Tesco's extensive retail expertise and technical capability including world class IT systems, processes and best practice management.

March 26, 2008

Ford Motors has sold two of its luxury car brands to a fellow family-owned company.

Ford Motors has sold two of its luxury car brands to a fellow family-owned company. Tata Motors, part of the Indian-based Tata Group, has bought Land Rover and Jaguar for $2.3 billion.

Ford announced last summer that the brands were being put up for sale and there has been much speculation as to who would be the highest bidder. In January this year Ford confirmed that it had entered into discussions with Tata over a possible sale.

February 19, 2008

The holding company behind India’s biggest family-owned firm has taken a majority stake in its own investment business.

The holding company behind India's biggest family-owned firm has taken a majority stake in its own investment business. According to a filing made to the Bombay Stock Exchange, Tata Sons Ltd has increased its stake in Tata Investment Corporation Ltd (TICL) to around 55%.
 

January 10, 2008

Tata Motors, part of the family-owned Tata Group, has unveiled the world’s cheapest car.

Tata Motors, part of the family-owned Tata Group, has unveiled the world's cheapest car. Priced at a reported $2,500, the Tata Nano – also known as the "People's Car" – aims to bring the comfort and safety of a car within the reach of thousands of families in India.

Ratan Tata (pictured), chairman of the Group, said at the unveiling ceremony that he had watched too many families getting by with just two wheels. "It led me to wonder whether one could conceive of a safe, affordable, all-weather form of transport for such a family," he said.

January 3, 2008

Ford Motor Company has announced that fellow family-owned firm Tata Motors, part of the Tata Group, has been chosen as the highest bidder for its luxury Jaguar and Land Rover brands.

Ford Motor Company has announced that fellow family-owned firm Tata Motors, part of the Tata Group, has been chosen as the highest bidder for its luxury Jaguar and Land Rover brands.

Ford bought Jaguar in 1989 after BL Ltd floated it on the London Stock Exchange, and Land Rover was sold by BMW in 2000.

In a statement, Lewis Booth, Ford executive vice-president, said that the company "is committed to focused negotiations at a more detailed level with Tata Motors concerning the potential sale of the combined Jaguar Land Rover business.

September 1, 2007

Before the recent credit crunch, M&A activity was booming throughout the world. Families in Business compares and contrasts the Asian, European and US markets to ascertain what the impact has been on deals involving family businesses

Reports compiled by Rob Davies in Asia, Reg Crowder in Europe and Michael Fischer in the US.

Before the recent credit crunch, M&A activity was booming throughout the world. Families in Business compares and contrasts the Asian, European and US markets to ascertain what the impact has been on deals involving family businesses

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