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offence is the best defence Ratan Tata thought.
by Rajendra on Sep 03, 2008 01:14 PM   Permalink | Hide replies

The move by Tatas is of strategic nature not intending to pull out, probably taking advatage of the situation since every other state is almost begging them to come to theirs.So Mr tata is already planning to expand the production by making ready a second plant, and also wise enough to not put all his eggs in one basket.
It is not easy for Mr tata to throuw 1500 crore rs of share holder wealth down the drain, and no one will invest in his company if that happened at all.
It is a ploy to make the conclusion of negotiations quickly and in favourable terms with the Govt of Bengal and Mamata.
What is really disturbing is the way tatas donn wanna give some more money to the farmers than the paltry one lakh that is given to them for each acre. In the best intersts of the company and his shareholders and even for the future Indian projects he should offer the stake holders ie the origional land owners as well as tenents of the 400 acres and even the other 600 acres converible share warrants in the tatamotors stock and there by making a precedent to the future projects trying to get land for their companies.
By the way Those trying to shortsell tatamotors fut be aware , this may be a ploy to buy large quantity of that stock at a cheap price, and when short covering takes place you will get smothered.

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Tatas pulls out of Singur