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/ 2 June 2008

Tata: Jaguar-Land Rover acquisition complete

India’s truck and car maker Tata Motors announced on Monday it had completed its acquisition of Jaguar and Land Rover from ailing United States car maker Ford for $2,3-billion. The company said the deal includes the "ownership of Jaguar and Land Rover, all necessary intellectual property rights, manufacturing plants and two Britain-based advanced designing centres".

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/ 2 June 2008

Smith in doubt for first England Test

South Africa captain Graeme Smith is likely to miss next month’s opening Test against England after sustaining a hamstring injury. Smith (27) picked up the injury while playing in an Indian domestic league match and may have to sit out the opener at the Lord’s cricket ground starting on July 10.

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/ 30 May 2008

Reliance, MTN eye stock swap

South African cellular giant MTN could pick up to a 74% stake in India’s Reliance Communications in a share-swap deal being discussed between the companies, an official said on Friday. "The stock swap is an option being considered at the moment," a Reliance official said on condition of anonymity.