Land Rover planning for its base in China

Land Rover owned by Tata Motors is likely to set-up its new plant in China, through a joint venture with Chinese automobile major Chery Automobile Co Ltd, and is awaiting final clearance, a report said at Beiging on Monday. The world knows that China has great capability to fill up the industrial demands, but the Tata Motors should have given it a chance to the Indian Industrial sector, India, another developing nation has eloquently great man power. But, looks like the Indian motor company just don't get along with it. If this was set-up in India, then there would have been better opportunities for the Indian markets. 

"Land Rover plans to join the ranks of global automakers making vehicles in China by partnering with Chery Automobile Co Ltd in a joint venture," state run China Daily reported on Monday.

The venture will be based in the Changshu Economic and Technological Development Area in Jiangsu province.

Both sides have reached an agreement on the new venture and are now awaiting approval from the National Development and Reform Commission (NDRC), China’s top economic planner, the report quoted sources as saying.

However, Jaguar cars, made by the same UK company are not part of the current deal for local production in China, it said.

Tata’s have big presence in China, especially through TCS, which has emerged as the largest Indian IT company with vast business ventures.
In addition to a plant assembling Land Rovers, the NDRC wants the joint venture to produce a new wholly owned brand, besides having an engine factory and R&D centre.

According to the agreement between Chery and Jaguar Land Rover, the joint venture will have a planned production capacity of 50,000 units at its initial stage, the report said quoting overseas media.

It quoted Ralf Speth, Jaguar Land Rover CEO as saying that Land Rover plans to invest 100 million pounds (USD 158 million) in the joint venture, which will have 5,000 employees.

The agreement requires the board chairman of the new joint venture to be appointed by Chery, while president will be selected from Jaguar Land Rover.

Chery, headquartered in Wuhu, Anhui province, already has production facilities in Changshu, a prosperous eastern city.

China became Jaguar Land Rover’s third-largest market in 2011, selling more than 42,000 vehicles in the country, a 61 percent increase as compared to the previous year. And, there wouldn't have been the same result in India, this must be one of the biggest disadvantages in the Indian market.  

How to Earn Money From Scrap Silver

You may have heard it from your friends or read somewhere that more and more people are making some fortunes by selling scrap silver. Yes, it's true. It can happen to you too, but only if know exactly what's the right thing to do at the right time. So, are you wishing to get into the business but do not know how to get started? Let us give you some helpful tips:

What to get?

Sterling silver -- Sterling silver is an alloy of 92.5% silver and other metals like copper and/or nickel. It is usually in the form of coins, jewelry, cutlery, commemorative buttons, pins, dental fillings, electronic gadgets, and some industrial materials. Firstly, the most probable place to find sterling silver is your drawers or jewelry box. Old broken bracelets, dental caps or crown, dental fillings, necklace, rings with missing stones, earring with missing half, or anything you find there that you suspect to be silver and not worth keeping anymore is worth collecting. Don't worry about picking non-silver items; you can have them analyzed later on. The second place to rummage is the kitchen drawers, cabinets, and the storage under the counter or bar. There you might find some old useless fork and knives, bottle openers, bowls, etc. It is easier to identify if these items are made of sterling silver. Very often, genuine silver have some special markings on the underside of utensils. If the engraving bears the word Sterling, S/S, Sterling 925 or just 9.25 you can assume that it is a genuine sterling silver.

You may also look for silver in the boxes up your attic or even in tool boxes down the basement or garage. What you may find there that could possibly be made of genuine silver are door knobs, drawer pulls, antique novelty items like table tops, picture frames, ashtray, etc. They may or may not bear the special mark typical to most silver products but making simple test on your own is possible by examining the color closely; if it's genuine silver it must've tarnished a lot. You can also use nitric acid to test dubious items. Silver-plated items will have permanent green spot where nitric acid is applied and will discolor other non-silver materials. If you can't do this yourself, you can take your collection of junk to a jeweler or pawnshop to have them tested.

How to find a good buyer?

Once you've collected a fair amount of scrap silver and ready to turn them into cash, you can start doing your own research to find known and reputable dealer to make the trade. You have many options in selling your scrap silver; you can bring them personally to a refiner, pawnshop, jeweler, or private collector if they're available to your location or find these dealers online. But before selling your silver, make sure you've inquired to more than one dealer to find the best offer. Most online dealers have live price chart that specifies the price for each precious metal that they buy; and considering that prices vary from time to time, therefore, knowing when is the right time to sell is crucial to ensure you get maximum profit.

In these times of financial instability, ingenuity in finding ways to earn extra income is crucial in order to keep up with the demands of high cost living. Selling scrap silver and other precious metals is one of the means that you can utilize to make cash. If combined with a little bit of perseverance, your ingenuity can surely reap great rewards.

Short Guide for Investors: Why People Buy Gold Online

Gold bars are good investments. If you are planning to invest in gold, it is best to look for places where you can find gold bars for sale at some of the best prices. There are many options for this kind of investment. You can either go for bullion exchanges or buy gold online.

Many investors consider gold as a safer bet than stocks. Unlike stocks, the value of gold does not depreciate. This is one of the main reasons why people are looking to invest in this precious metal, particularly gold bars. Gold bars are more consistent when it comes to quality and value. They vary in sizes from small to large. Gold coins are another option, but they require proper grading to know its real value.

Although gold is a good investment, it doesn't mean you can expect big returns right away. Just like other investments, you need to learn the basics. You cannot be successful in running a business if you don't know anything about your trade. Learning about the product you buy and sell is very important. In every business, you need hard work, patience and proper knowledge to become successful.

So which type of gold should I buy?

Knowing the type of gold you should buy is very crucial. This actually depends on your goals. If you want to avoid financial uncertainties or capitalize on price movement, it is advisable to choose gold coins. Business investors looking to gain profits include pre-1933 gold coins in their collection. These coins have a long and proven history in the rare coin market. In addition, they are particularly exempt from current gold confiscation laws. Investing in bullion coins is also a good choice.

Where should I buy?

One option is to buy gold online. If you are considering this, however, it is advisable to examine the website carefully. Read reviews and testimonials from online forums. This will help you find the right website. Never settle for one source. Look for various websites or talk to experts to know more about gold investment. Keep in mind that you are putting up a huge investment. It is advisable to consult a professional before you make a move.

When you buy gold online, you should also consider a storage space for safekeeping. Find the best way to improve your returns from gold by choosing the right investment strategy. This could help you minimize your expenses.

When is the best time to buy gold?

As mentioned above, gold is different from stocks and real estate. Timing is not really an issue in this business. There is no need to delay your purchase as long as you believe you can get more profits. Gold prices continue to soar. Investors around the world also value gold for its excellent protection against financial meltdown, inflation, and currency fluctuations. Gold is also an international currency. It is interchangeable throughout the world 24 hours a day.