Global Crisis
Global crisis occurs due to financial crisis and economic crisis. These are nothing but risk that could threaten humankind as a whole or even cause the end of planet Earth. A financial crisis is a situation where money demand quickly rises relative to money supply. A stock market crash is an example for this. Whereas economic crisis refers to the economic down of countries all over the world. They are going down in -ve zone.
Global economy has become a hot topic for international forums. It believed that the value of IT off shore consists of better process management of operational skillfulness. So, they should put effort in developing technology platforms to make business more efficient.
The Major concern in India today is global financial crisis is leading to severe recession, In the real economy. It started showing in the effects middle of 2007 and it to 2008. Various sectors like steel, fertilizers, financial things, banking. Now Indian Government was taking considerable step for this global crisis in the next year i.e; 2010. We can see 9% rises in global economy.
TATA MOTORS:
In June 2008, Tata motors has acquired the Jaguar land Rover business from ford motor Company for $ 2.3billion bridge loan to fund this JLR buyout. And $2 billion of that is still due they had to make repayment in June. Total borrowings from bank of working capital are already Rs. 9,600 crores. Now Tata Motors debt is twice its net worth.
Now Tata motors needs lots of money to pay back the loans. Finally they came up with the cheapest card “Nano “. But they have no cars to give. The strategic move of Tata Motor is “cash first car later”. This brought them much needed cash. But this is not going to solve the problems. The Nano Project requires an investment of Rs. 2000 crores. It needs another Rs. 2,300 crore to fuel its operations. IN India due to economic crisis there is down turn in the commercial vehicle market which caused loss of 263.3 crore
Global economy has become a hot topic for international forums. It believed that the value of IT off shore consists of better process management of operational skillfulness. So, they should put effort in developing technology platforms to make business more efficient.
The Major concern in India today is global financial crisis is leading to severe recession, In the real economy. It started showing in the effects middle of 2007 and it to 2008. Various sectors like steel, fertilizers, financial things, banking. Now Indian Government was taking considerable step for this global crisis in the next year i.e; 2010. We can see 9% rises in global economy.
TATA MOTORS:
In June 2008, Tata motors has acquired the Jaguar land Rover business from ford motor Company for $ 2.3billion bridge loan to fund this JLR buyout. And $2 billion of that is still due they had to make repayment in June. Total borrowings from bank of working capital are already Rs. 9,600 crores. Now Tata Motors debt is twice its net worth.
Now Tata motors needs lots of money to pay back the loans. Finally they came up with the cheapest card “Nano “. But they have no cars to give. The strategic move of Tata Motor is “cash first car later”. This brought them much needed cash. But this is not going to solve the problems. The Nano Project requires an investment of Rs. 2000 crores. It needs another Rs. 2,300 crore to fuel its operations. IN India due to economic crisis there is down turn in the commercial vehicle market which caused loss of 263.3 crore