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...

India's finance minister Nirmala Sitharaman is set to go for a fresh push for capital expenditure, especially for sectors such as railways and roads, in her fifth Budget, as she seeks to ensure that global headwinds don’t take a toll on the...

The Tata Motors may be considering a resurrection of the people’s car Nano in an electric version with substantial revamp of its original platform, including changes to its suspension and tyres, sources in the automotive industry said.



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