[Mayavi]

So far TATA has not made any bad deals and lets hope it continues that way.
1. Glaceau was a small company when it started and within 6 - 7 years it became a $2b company when TATA purchased 30% of it. Glaceau was growing at over 50% every year and after 8 months it became a $4b company which is the price Coke paid. TATA was very wise to sell off their share.
2. Corus is a very good buy even if it was expensive. TATA has captive mines and is a low cost producer whereas corus makes high end steel. Its a good marriage. TATA essentially went from a nothing to a top 10 steel manufacturer. In the long run only the top 10 are going to survive and thats the reason why this acquisition makes sense.
3. TATA purchange Tyco after Reliance bought Flag. If I remember right, these two companies own 80% of worlds submarine cables which means TATA and Reliance now control most of the international data traffic.
4. Tetley was TATA's first purchase and it gave TATA a strong foothold and distributor network in international market. Through Tetley TATA now markets its own Tea in international markets. The next logical step for TATA was to conquer american coffee market and they aquired stake in a gourmet coffee maker. Soon we will see TATA coffee in america.
5. Rover and Jag? I dont know how that fits in TATA's plans but if TATA does want to buy, it wont be a big financial strain on them. They only have to see a small share in TCS to raise the funds in house.

Indian companies are a big name in world market now and private investment funds aren't afraid to back them. Even though its Indian companies that are buying european brands, its actually American and European money being funnelled through Indian front. Reliance unsuccesfully tried to buy Dow chemicals which was much bigger than Reliance, the money was to come from Rotschild IIRC, which is American.