Thursday 3 September 2015
 
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Tata Motors

Tata Motors cuts sales, production targets for JLR in China

Tata Motors has cut prices, sales and production targets at its luxury Jaguar Land Rover (JLR) arm in China, a top executive said, as it struggles with high inventories in a slowing market. Economic growth in China, the world'

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Tata Motors cuts sales, production targets for JLR in China

Tata Motors has cut prices, sales and production targets at its luxury Jaguar Land Rover (JLR) arm in China, a top executive said, as it struggles with high inventories in a slowing market. Economic growth in China, the world'

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Tata Motors eyes $600m defence revenue in 3 years

Tata Motors plans to double the revenue from its defence business over the next three years to $600 million, betting on the government's push for more local defence manufacturing, a top company official said. Indian companies

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Tata Motors profit slumps on slow UK car sales

India's Tata Motors reported a surprise drop in quarterly net profit yesterday, hit by slowing sales at its British luxury subsidiary and higher taxes. Consolidated net profit slipped to Rs32.91 billion ($533.82 million) in th

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ADIB launches new note for investment in car firms

Abu Dhabi Islamic Bank (ADIB) has launched a new capital-protected note for investment in global car manufacturers including Toyota, Hyundai, KIA, BMW and Tata Motors. The Emirati bank's move comes following the huge success a

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Tata Motors MD dies in Thailand; suicide suspected

Karl Slym, managing director of India's Tata Motors, died after falling from a hotel room in Bangkok in what police said on Monday could be possible suicide. Slym, 51, had attended a board meeting of Tata's Thailand unit i

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Jaguar unveils Bahrain expansion plan

British carmaker Jaguar plans to boost its presence and visibility in Bahrain in the next few years through a major campaign that will not only promote the brand as an affordable luxury car but also its heritage. Newly-appointed J

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Tata eyes Saudi plant for Jaguar Land Rover

Tata Motors is examining the possibility of building a plant in Saudi Arabia to assemble Jaguar Land Rover cars next to a new aluminium smelter, the Indian manufacturer's chairman said in a magazine interview. Saudi Arabia, th

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Tata Motors profit jumps for March year-end

India's Tata Motors on Thursday reported a consolidated net profit of 92.74 billion rupees ($2.05 billion) for the year ended March, compared with 25.71 billion rupees a year ago. It also reported higher sales in its home market and improv

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Jaguar Land Rover launches social media suite

Jaguar Land Rover, the premium, luxury automotive business owned by Tata Motors of India, has become the first automotive manufacturer in the Mena region to create a dedicated social media 'suite.' Jaguar Land Rover will create a r

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