Tata is perhaps the most famous brand name in
On the other hand, I do not blame them because who could predict 2 years ago that there would be massive global recession? Ratan Tata is worried about the recession and he has warned all the 96 companies that they would have find their own survival strategy. In other words, every company is for themselves and if they can survive fine otherwise they would be out of operation.
This message may sound chilling to many people but I feel that Tata Group has no other choice at this moment.
((This entry was first published in February 2009. Because of a technical problem, the entry had to be deleted and I am reposting again now.)