Nano has attracted global attention for its price tag starting at Rs1 lakh, making it the world's cheapest car. The country's largest auto maker, Tata Motors Ltd, plans to deliver its low-cost Nano car in dealer showrooms by end-February, at least two people familiar with the development said. Nano has attracted global attention for its price tag starting at Rs1 lakh, making it the world's cheapest car. It was not immediately clear whether sales of the car or bookings would begin immediately and how many dealerships would be delivered the car. The people, who requested anonymity, said Tata Motors is keen to drive the Nano into dealer showrooms for potential customers to look at and get a feel of the car, which is expected to be a volume grosser for the company eventually. Base model and a fully loaded, deluxe model will be displayed at showrooms by the end of the next month.
A Tata Motors spokesman declined to confirm the February launch of the Nano. "We will make appropriate announcements at an appropriate time," the spokesperson said in an email. With pressure mounting on Tata Motors to launch the car this quarter in line with the company's announcements, the people said, the company had decided to manufacture engines for the Nano for now at a pilot plant that is being set up in the engineering research centre at its Pune plant. The plant will also manufacture gear boxes. The engine plant, which had come up in Singur in West Bengal, is being shifted to Pune but since that will mean a loss of time, a new line has been put up at the centre, one person said. In September, Tata Motors withdrew from Singur after protests by locals backed by the regional Trinamool Congress party. "The car, however, will be made in Uttarakhand with plans to make some 5,000 by end-March and 10,000 by end-December, " a second person said. Nano, which was to be launched in October, will now be produced in volumes only at least a year from now as the company works towards constructing a new plant at Sanand, Gujarat. Making it the world's cheapest car,in showrooms by end-February.-
Kevin Rudd says the big four banks to pay the second $ 2 billion. Mr Rudd says the move is a temporary measure to mitigate the effects of the global economic crisis. Extraordinary measures for extraordinary times. The alternative is to do nothing, "he said. The government will not embark on the right approach. Urban Task Force's Aaron Gadiel has welcomed plans to free credits for developers. We will probably see thousands of people in landfills. This is the last one we want, "he said. It is worth noting that we will be depending on the construction industry in Norway to lead us out of the economic slow down. This is clearly with slower in China, the funds will not be what will bring us a recession. What is going to get us out of a recession based activity.
A 27-match tournament, which corresponds to start on 2 different times (5pm & 1:30, according to British timing) and to be played on only 3 Stadiums throughout England. Note that the last match will be played 2 hours earlier than usual night games and Nottingham in the ground, which is also known as the Trent Bridge is one of 3 places in England will host the cricket tournament.
