Tata inks JLR deal with Ford

Homegrown auto major Tata Motors has clinched the Jaguar and Land Rover deal estimated to be valued between $2-2.5 billion.

According to sources close to the development, the deal was signed last evening and is estimated to have cost the Tatas between $2-2.5 billion.

The deal has taken almost nine months to finalise as both Ford and Tata and their financiers sought to iron out issues seen as crucial to the future of the two British marques.

It is expected to cover long-term supply of engines to both brands from Ford.

During the race for JLR, in which India’s Mahindra & Mahindra was also in running for sometime, Tatas gained the crucial support from Unite - main trade union of Jaguar and Land Rover.

Tata has made India proud once again. I came to know about this news from NDTV 24×7. It is an excellent channel for NRIs that provides comprehensive coverage to news related to India. This channel is available in the US only through DirecTV.

Indian Sherwani goes global

In another global recognition of India's haute-couture, world-renowned Italian fashion brand Armani has included Sherwani in its latest collections.

Sherwani is a long coat-like garment worn in India and is similar to an Achkan or doublet. It is worn over kurta and churidar, pyjama, salwar or dhoti.

With increasing income and rapidly changing lifestyles, the Indian high-end brand market would join the league of the US, Japan, the UK, China, and Germany.

India's consumer base of high-end brands is expected to grow up to 50 million from less than 1,00,000 at present.

Though I live abroad I am proud to know that India is going global. Isn’t it great that Armani has included Sherwani in its latest collections? I saw the news only on NDTV 24x7. This is an excellent news channel for NRIs who yearn for India related news. This news channel is available in the US only through DirecTV. I was guaranteed excellent voice and picture quality with DirecTV and I wasn't disappointed.

N-deal: UPA-Left committee to meet today

I saw the coverage on NDTV 24x7 about the never-ending saga of the Nuclear deal. The UPA-Left committee on the Indo-US nuclear deal is meeting on Monday to discuss a crucial draft safeguards agreement.

The Left had earlier demanded that the government spell out its nuclear plans by the end of this month.

This is the first time that the government will meet Left leaders after talking to the International Atomic Energy Agency (IAEA) about an India-specific safeguards agreement.

The government is expected to hand over copies of the draft agreement it has reached with the IAEA. It will also brief the Left on the three-month long negotiations with the nuclear watchdog.

I have been tracking the news on NDTV 24x7 since the very beginning. The Indo-US nuclear deal has played out for over two years with both the government and the Left sticking to their positions. The government believes it is a great deal, but the Left argues otherwise.

NDTV 24x7 is window to India for Indians living in the US. The insightful news channel is available in the US only through DirecTV.

New US President: The India factor

As the US Presidential election is reaching to a decisive phase, many in India debate as to which party will be good for the country, once the final results are declared.

The issue interests me as well. All the more because I am an Indian living in the US. NDTV 24×7 is doing a commendable job of covering the current elections in context to India.

While most Indians are supporting the Democrats in their battle against Republicans for the White House, ironically, analysts say Republicans are probably better for India on issues ranging from outsourcing to the nuclear deal.

Democrat Presidential hopefuls Barack Obama and Hillary Clinton are known for their opposition to the nuclear deal. In fact, Obama was one of several Democrat senators who tabled what were called ”killer amendments” to kill the deal.Obama also rubbed Indians the wrong way when his campaign staff called Hillary the Senator from Punjab because of her close ties with the community.

Republican John McCain, on the other hand, has suggested that India should replace Russia in the G-8.

The election is a complicated issue with lot of variables but NDTV 24×7 makes it crisp & extremely simple for me to understand. The incisive India-centric news channel is available in the US only through DirecTV. For more information visit the Squidoo Lens.