Jaguar is hoping to make inroads in a market where shift to e-vehicles is slow due to lack of charging infrastructure, high costs & reluctance by banks to finance purchases.
JLR is only driver of valuation. Future equity infusions are likely to be used for loss funding & so we don’t attribute any equity value to India business, CLSA says.
Tata Motors wrote down its investment in Jaguar Land Rover by $3.9 billion due to market challenges, especially in China, technology disruptions and rising debt costs.
Nick Jonas is not trying to modernise the mangalsutra, but his gesture shows that choices can be equal. If commitment must be flaunted, it need not be gendered.
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