SEOUL (Reuters) - Tata Group is planning to produce hybrid versions of its Nano, billed as the world's cheapest car, to join in the environment-friendly trend, its chairman said in an interview with a South Korean newspaper. The Maeil Business News
Tata Motors has raised $750m through an international share sale and convertible bond issue, completing the prolonged refinancing of a $3bn bridge loan it raised to fund its acquisition of former Ford marques, Jaguar and Land Rover, last year.The mo
Tata Motors, which is reporting a quarterly loss caused by sliding sales at Jaguar and Land Rover, said it planned to raise at least £100m ($163m) of working capital for the two ailing UK car brands.Ravi Kant, the Indian carmaker’s vice-president, s
LONDON - India's Tata Motors has secured private funding for its British luxury carmaker Jaguar Land Rover, meaning the firm will no longer be seeking state help, the group said on Tuesday. Tata Motors, which bought JLR last June, said it has secur
Tata, the Indian owner of Jaguar Land Rover, has dropped its demands for a large bailout by the British government after obtaining private sector funding for the struggling carmaker. The group said it had secured direct bank loans as well as guarant
Tata Motors said on Monday that it had appointed KPMG and Roland Berger Strategy Consultants to advise it on cost-cutting and cash management at its lossmaking Jaguar Land Rover luxury business. This came as India’s biggest vehicle maker reported a
MUMBAI - India's Tata Motors on Friday warned more jobs could go at its luxury British marques Jaguar and Land Rover because of the global economic downturn, as it posted its first loss in eight years. The company's first earnings to include Jaguar
Mumbai, June 26 – Slumping demand drove Tata Motors into its first annual loss in eight years and India’s top vehicle maker warned of more job cuts and plant shutdowns at the loss-making Jaguar and Land Rover unit. The firm, which controls 60 per ce
online 21