Tata Motors Q3 net more than doubles to £714.5 mn

Smashing street estimates, Tata Motors’s Q3FY24 profit more than doubled to £714.5 million, benefiting from the strength of its UK luxury car business, Jaguar Land Rover (JLR). It had posted a profit of £304.3 million in the year-ago period,...

India Inc wants RBI to go slow on interest rate hikes

India Inc is pressing the RBI to hold off on rate increases as borrowing prices rise. According to information made public by the trade group Ficci, the average interest rate grew by one percentage point to roughly 9.4% during the most recent...

Electronics contract manufacturer Foxconn Technology has announced a $ 5 billion investment in Maharashtra over the coming 5 years, to set up manufacturing, research and development facilities

Falling sales of JLR range of vehicles in China, the world's biggest car market, and foreign exchange volatility nearly halved quarterly net profit at Tata Motors, India's top automaker by revenue.

E-commerce portal Snapdeal is all set to raise $500 million in investment from Alibaba Group Holding Ltd along with SoftBank Group Corp and Foxconn, as reported from a source.



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