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Consumer Corner: Foreclosure settlement no magic bullet for economy
PUNE, India, Sept. 27 (UPI) -- India's leading automotive manufacturer, Tata Motors, became the first company Monday in the Indian engineering sector to list its securities on the New York Stock Exchange.
The company has plants in Jamshedpur, Pune and Lucknow.
The company listed its depositary shares on the NYSE through the conversion of its existing international global depositary shares into American depositary shares).
Ratan Tata, chairman, Tata Motors was in New York for the listing and rang the opening bell on the NYSE in the presence of senior officials of Tata Motors and the NYSE.
To date there are 23.1 million outstanding ADSs, each representing one underlying ordinary share of the company.
The company's market capitalisation is around $3.3 billion.
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SYDNEY, Feb. 13 (UPI) --
Researchers in Australia are developing a solar roof system that uses wasted energy to warm air and water.
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WASGHINGTON, D.C., Feb. 13 (UPI) --
Defense industries are weighing the potential impact of proposed defense cuts running into tens of billions of dollars over the next 10 years.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
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