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Thursday, May 9, 2024
TopicTata Motors

Topic: Tata Motors

Tata group faces $14 billion in auto debt – and a big slowdown in China

P. R. Sanjai -
Crises at Tata Motors & Tata Steel mark biggest challenge facing 151-year-old group that ventured overseas with acquisitions more than a decade ago.

Auto stocks have lost $42 billion in 16 months & suddenly become India’s worst sector

Livia Yap -
Slowdown in consumption amid cash crunch has left carmakers with a pile of unsold vehicles in one of world’s fastest-growing auto market.

Tata is said to explore options for struggling Jaguar Land Rover

P. R. Sanjai -
However Tata Motors say there is no truth to these rumors and they would not like to comment further on any market speculation.

Jaguar woes lead to Tata Motors loss for the history books

P. R. Sanjai -
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.

Jaguar land rover’s turnaround plan is misfiring

Anjani Trivedi -
There’s no sign of an end to the company’s financial and operational woes. 

Tata Motors sends its chief of communications on leave amid allegations of sexual harassment

P. R. Sanjai -
Tata Motors sent the executive on leave after a journalist posted screenshots on her Twitter account of allegations against him.

Sensex crashes 509 points to close at one-month low, Rupee plummets to 72.73

PTI -
The 30-share index tanked more than 1% for the second day in a row after the rupee slid to a new lifetime low of 72.73 in afternoon trade.

Election Commission awarded for working towards disability-friendly polls

Sanya Dhingra -
Panel lauded for working towards making auxiliary polling stations for the psychically challenged.

Tata-owned Jaguar Land Rover struggles with debt as trade tensions, Brexit take a toll

P. R. Sanjai -
The company could face further trouble if President Donald Trump imposes tariffs on auto shipments to the US.

Jaguar is being steered toward an Indian pothole

Anjani Trivedi -
For all the halo of security that a parent provides, Tata Motors doesn’t guarantee or assume any liability for the British carmaker’s notes.
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Economy

CEA Nageswaran says India’s FY24 growth could hit 8%, but World Bank warns this is ‘above potential’

TCA Sharad Raghavan -
Speaking at an event, World Bank country director Auguste Tano Kouamé said growth above potential would result in high inflation.

Defence

Three Indian Navy ships deployed to South China Sea

Smruti Deshpande -
Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

National Interest

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

Shekhar Gupta -
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.

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