Musharraf Imposes Emergency; Supreme Court Declares it Illegal

Pakistan President and military chief General Pervez Musharraf has imposed Emergency rule in the country and suspended the constitution. But eight of the 11 justices of Pakistan’s independent and feisty Supreme Court have already signed an order declaring the Emergency illegal. The Supreme Court was set to rule on the constitutionality of General Musharraf’s re-election […]

Tata Has Edge in Jaguar, Land Rover Sale

India’s Tata Motors Ltd is said to be in the leading position to acquire Ford’s struggling Jaguar and Land Rover units. The folks at the Wall Street Journal say that besides Tata, firm bids were received from Ripplewood Holdings LLC of New York and One Equity Partners (a unit of JP Morgan Chase). The WSJ […]