Tata Motors

Tata Motors reaffirms plan to be zero-debt firm

Tata Motors Ltd, the country’s largest automaker by revenue, will stick to its plan to turn debt-free by FY24 despite its businesses being adversely impacted by the pandemic, chairman Natarajan Chandrasekaran said on Friday. Addressing the company’s annual general meeting, Chandrasekaran said the Tata Motors management is confident of reducing debt due to improved free …

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Jaguar Land Rover sees chip shortage dent output, profits this fiscal year

The British carmaker, which saw sales reviving over the last six months, said it will report a negative operating margin and an operating cash outflow of £1 billion this quarter. By Malyaban Ghosh, New Delhi UPDATED ON JUL 06, 2021 11:51 PM IST Luxury carmaker Jaguar Land Rover Automotive Plc issued a profit warning on …

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Tata Motors drops nearly 10% over shortage of semiconductors

Tata Motors shares dropped as much as 10 per cent, the biggest intraday slip in nearly three months, after it said that the semiconductor supply shortage would hurt and impact Jaguar Land Rover’s performance. Jaguar Land Rover, of which Tata Motors is the parent company, said the global semiconductor shortage will affect sales, adding that …

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Tata Motors to roll out 10 electric vehicles by 2025

Tata Motors Ltd plans to introduce 10 electric vehicles across commercial and passenger vehicle businesses in India over the next four years, the company’s chairman said, as India’s largest vehicle maker seeks to exploit the growing domestic market for eco-friendly vehicles. Tata Sons Ltd, the parent of Tata Motors, is also exploring opportunities to invest …

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