London's house prices at record level

The average cost of a home in the capital jumped 5% to £427,987 pounds, the most since records began in 2002, the owner of the UK’s biggest property website said in a statement. Average asking prices in England and Wales increased by 3.2%, the most since April 2007.

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    What’s in store for China?

    China’s economy (as measured by GDP) doubled over the past twenty years… twice. But opinions on how it will proceed from here differ greatly. Legendary investors like Jim Rogers foresee a Middle Kingdom set to rule the world. Others see China as the mother of all bubbles.

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    Tata Motors appoints Carl-Peter Forster as group CEO

    Forster will be in charge of Tata Motors’ operations globally, including those of Jaguar Land Rover

    India’s largest vehicle manufacturer Tata Motors Ltd said it has appointed Carl-Peter Forster as its group chief executive (CEO).  He will be in charge of Tata Motors’ operations globally, including those of Jaguar Land Rover, the company said in a release.

    “Tata Motors expects that Mr Forster’s induction will greatly facilitate its ambition towards being a truly international company,” Ratan Tata, chairman, Tata Sons and Tata Motors, said.

    At 55 years, Mr Forster has 24 years of international experience in the automobile industry. Recently he was the head of General Motors (GM), Europe, where he looked after Opel, Vauxhall, Saab and the European activities of Chevrolet.

    Before joining GM in 2001, Mr Forster has had 13 years of experience in BMW where he held various positions including that of managing director of BMW South Africa and was also on the managing board of BMW responsible for manufacturing.
     

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    COMMENTS

    Shadi Katyal

    10 years ago

    Nice Business touch Mr. Ratan Tata to bring expereinced blood into Tata Motors.

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