Posts Tagged ‘business economics’

Tata motors expanding its wings

Thursday, September 27th, 2007

tata_logo.jpg

A well known name automobile industry in India TATA motors chairman Ratan Tata said that they have good expectation in automobiles area in United Kingdom, in a likely recurrence of his significance in Land Rover and Jaguar. On the occasion of inauguration of Tata Corus plant at Netherlands.
While everyone expecting that he will not comment on the deal itself, “This process is on his path and it is practically private”. Tata motors have show interest in the ford’s Land Rover and Jaguar brands. According to expert opinion this deal will be worth more than USD 1.5 billion.
TATA motors great value in Indian automobile industry and now waving in wing by expanding and forwarding their steps toward global market. TATA earlier announced his 1 lakh car project in which they introducing a car worth Rs. 1 lakh. Let’s hope for the best as it will soon be on news.

Understanding the term Business

Friday, July 27th, 2007

The term ‘Business‘ refers to production, purchase, sale and exchange of goods and services on a regular basis with the aim of earning profits by satisfying human wants. It includes all industrial a commercial activities such as mining, manufacturing, trading, transportation, warehousing, banking, insurance and others. Business is an economic activity and it may be carried out either on a large scale or on a small scale. All the activities concerned with the production and sale of goods and services wherein profit is the main object and loss of money is the main risk may be called business.