A year Tata would like to forget

Last week's deadly terrorist attacks on the Taj Mahal Hotel owned by Tata was just one of Ratan Tata's plethora of troubles. Two of the Tata group's biggest companies, Tata Steel and Tata Motors, have been hit quite significantly by the economic slump. It's truly ironic, but even as the Taj burned, Tata's box of troubles has only been filling up. For the first time in 13 years, the Tatas have invited public deposits at 11 per cent to raise more than half a billion dollars.