Tata Group Chairman Ratan Tata, left and Jaguar Land Rover CEO David Smith walk on the stage during the India launch of Jaguar at left and Land Rover at right in Mumbai, India, Sunday, June 28, 2009. India's Tata Motors said Friday that it suffered a loss of 25.05 billion rupees ($521.8 million) after taxes in the past fiscal year as the global meltdown exacted a toll on the auto industry worldwide. Tata had acquired Jaguar Land Rover in June 2008. AP Photo logo AP Photo 5 months ago

Tata Group Chairman Ratan Tata, left and Jaguar Land Rover CEO David Smith walk on the stage during the India launch of Jaguar at left and Land Rover at right in Mumbai, India, Sunday, June 28, 2009. India's Tata Motors said Friday that it suffered a loss of 25.05 billion rupees ($521.8 million) after taxes in the past fiscal year as the global meltdown exacted a toll on the auto industry worldwide. Tata had acquired Jaguar Land Rover in June 2008.

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  1. Tata Group chairman Ratan Tata holds a glass of water as he stands next to The Tata Swach water purifier during its launch in Mumbai, India, Monday, Dec. 7, 2009. At about two feet tall, it may turn out to be the world's most compact revolution: The Tata Swach, launched Monday, is a water purifier priced for the masses, which India's Tata Group hopes will help save the lives of millions of people who die each year of waterborne diseases.
  2. Tata Group chairman Ratan Tata stands next to The Tata Swach water purifier during its launch in Mumbai, India, Monday, Dec. 7, 2009. At about two feet tall, it may turn out to be the world's most compact revolution: The Tata Swach, launched Monday, is a water purifier priced for the masses, which India's Tata Group hopes will help save the lives of millions of people who die each year of waterborne diseases.
  3. U.S. Treasury Secretary Timothy Geithner (C) talks to Ratan Tata (L), Chairman of the Tata Sons, and O.P. Bhatt, Chairman of the State Bank of India, during a roundtable discussion with business leaders from India at the Treasury department in Washington November 24, 2009.
  4. U.S. Treasury Secretary Timothy Geithner (R) speaks next to Ratan Tata, Chairman of the Tata Sons, during a roundtable discussion with business leaders from India at the Treasury department in Washington November 24, 2009.
  5. U.S. Treasury Secretary Timothy Geithner (R) sits next to Ratan Tata, Chairman of the Tata Sons, during a roundtable discussion with business leaders from India at the Treasury department in Washington November 24, 2009.
  6. Treasury Secretary Timothy Geithner, center, meets with CEOs and business leaders from India, at the Department of the Treasury in Washington, Tuesday, Nov. 24, 2009. From left to right are: Chanda Kochar, CEO of IICI Bank Ltd., Ratan Tata, chairman of the Tata Group, Geithner, O.P. Batt, chairman of the State Bank of India, and Sunil Bharti Mittal, CEO of Bharti Airtel.
  7. This photo provided by the Oak Ridge National Laboratory shows the Jaguar supercomputer at the Department of Energy lab in Oak Ridge, Tenn. Monday, Nov. 16, 2009. The Cray XT5 supercomputer known as Jaguar at the Department of Energy's Oak Ridge Leadership Computing Facility has become the fastest in the world. It will be listed as No. 1 on the TOP500 list of supercomputers that will be formally announced Tuesday Nov. 17, 2009.
  8. A 1957 Jaguar XKSS 3.8 liter Replica valued at $225,000 sits amongst vintage and classic cars on display at the upcoming Bonhams and Butterfields 'Classic California' car and bike auction in Los Angeles on November 13, 2009. The auction will take place at the Petersen Automotive Museum on November 14.
  9. A 1957 Jaguar XKSS 3.8 liter Replica (C) valued at $225,000 sits amongst vintage and classic cars on display at the upcoming Bonhams and Butterfields 'Classic California' car and bike auction in Los Angeles on November 13, 2009. The auction will take place at the Petersen Automotive Museum on November 14.
  10. Employees of auctioneer Bonhams and Butterfields, move a 1969 Jaguar XKE Series II Coupe into position for a display at the upcoming 'Classic California' car and bike auction in Los Angeles on November 13, 2009. It is expected to fetch over $65,000.00 in the auction which will take place at the Petersen Automotive Museum on November 14.
  11. Employees of auctioneer Bonhams and Butterfields, move a 1969 Jaguar XKE Series II Coupe into position for a display at the upcoming 'Classic California' car and bike auction in Los Angeles on November 13, 2009. It is expected to fetch over $65,000.00 in the auction which will take place at the Petersen Automotive Museum on November 14.
  12. ASCOT, ENGLAND - OCTOBER 10: Alan Munro on Morana (R) holds on to beat Hayley Turner on Prompter during the Jaguar All-new Xj Autumn Stakes at Ascot racecourse on October 10, 2009 in Ascot, England.
  13. Men look at engines of Land Rover at the Frankfurt International Auto Show IAA in Frankfurt September 16, 2009. The world's biggest auto show will run until September 27.
  14. Men look at engines of Land Rover at the Frankfurt International Auto Show IAA in Frankfurt September 16, 2009. The world's biggest auto show will run until September 27.
  15. Flags fly outside the Jaguar assembly plant in Castle Bromwich, Birmingham, central England September 24, 2009. India's Tata Motors said on Thursday it will merge two of its three Jaguar Land Rover (JLR) auto plants in England by 2014.
  16. A Jaguar car logo is seen on a vehicle hubcap in central London September 24, 2009. India's Tata Motors said on Thursday it will merge two of its three Jaguar Land Rover (JLR) auto plants in England by 2014. A spokesman for Tata said there would be no compulsory redundancies and it would develop a new low-carbon Range Rover model, creating new jobs.

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  2. Director of Securities and Exchange Commission Division of Enforcement Robert Khuzami testifies before a House Oversight and Government Reform hearing on "Bank of America and Merrill Lynch: How did a Private Deal Turn into a Federal Bailout? Part V" on Capitol Hill in Washington, December 11, 2009.
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  11. DUBAI, UNITED ARAB EMIRATES - DECEMBER 11: Saoud al Kaabi, Artistic Director of DIFF Masoud Amralla Al Ali, DIFF Chairman Abdulhamid Juma, director Ali Mostafa and Tim Smythe attend the 'City of Life' premiere during day three of the 6th Annual Dubai International Film Festival held at the Madinat Jumeriah Complex on December 11, 2009 in Dubai, United Arab Emirates.
  12. DUBAI, UNITED ARAB EMIRATES - DECEMBER 11: Managing Director of DIFF Shivani Pandya, Saoud al Kaabi, Artistic Director of DIFF Masoud Amralla Al Ali, DIFF Chairman Abdulhamid Juma, director Ali Mostafa and Tim Smythe attend the 'City of Life' premiere during day three of the 6th Annual Dubai International Film Festival held at the Madinat Jumeriah Complex on December 11, 2009 in Dubai, United Arab Emirates.
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  14. DUBAI, UNITED ARAB EMIRATES - DECEMBER 11: Javed Jaffrey, director Ali Mostafa, Sonu Sood, Natalie Dormer, Yassin Alsalman and Tim Smythe attend the 'City of Life' premiere during day three of the 6th Annual Dubai International Film Festival held at the Madinat Jumeriah Complex on December 11, 2009 in Dubai, United Arab Emirates.
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  16. DUBAI, UNITED ARAB EMIRATES - DECEMBER 11: Actors Javed Jaffrey and Sonu Sood attend the 'City of Life' premiere during day three of the 6th Annual Dubai International Film Festival held at the Madinat Jumeriah Complex on December 11, 2009 in Dubai, United Arab Emirates.