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...

Adani group has raised $3.5-billion from 10 global banks to refinance debt used to purchase Ambuja Cements and ACC, in a sign that the company is moving past the Hindenburg crisis. The refinancing will result in an overall cost saving of $300...

Joining fellow American Apple, South Korean manufacturer Samsung and leading Chinese manufacturers Vivo, Oppo, and Xiaomi in the "Made in India" initiative, Google will begin producing Pixel smartphones in India.

Tata Motors' plans to construct a flagship battery factory in the UK to supply Jaguar Land Rover's electric vehicles, according to people briefed on the Indian group’s plans. According to multiple sources, Tata, the owner of JLR, has selected...



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