Domestic volume trajectory and rising cash flows are the other triggers
JLR India on Thursday said it will launch its iconic SUV Land Rover Defender in India on October 15
Country head P B Venugopal tells Pavan Lall that hybrid roll-out is going to dominate the firm's product strategy
While operational gains will continue, firm may not turn profitable this year
Former Renault executive Bollore, who replaces Ralf Speth at JLR's helm, will assume office effective Sept 10
Ministers have placed stringent conditions on Project Birch cash, including demanding that it helps achieve its target of net-zero carbon emissions by 2050 and that jobs are not lost
Grievance is only about his removal as chairman: Tata
The job cuts comprise just under 40% of the entire DHL workforce on the contract
Rating action comes days after the Tata group flagship reported a quarterly pre-tax loss of Rs 9,313 cr compared to a profit before tax of Rs 1,265 cr a year ago
Company embarks on aggressive deleveraging exercise even as it has cut capex for India business this fiscal
They said the Chinese banks that would provide it with the three-year revolving loan include Bank of China, ICBC, China Construction Bank, Bank of Communications and Shanghai Pudong Development Bank
JLR bonds trading at record yield of 13.2%, more than double since the pandemic broke out
Deal will bolster Ola Electric's engineering and design capabilities with Etergo's extensive vehicle development experience with leading auto firms Tesla, General Motors, Ferrari, Jaguar and BMW
Jaguar Land Rover, a marquee entity of the Tata group, has been majorly hit by the freeze
The $3.7 billion Indian auto firm faces a significant increase in debt due to the crisis, and its plan to deleverage may be delayed by four to six quarters, CLSA said.
The scaling up of operations comes as a relief given that auto sales in China had dropped 80 per cent year-on-year in February and 40 per cent in March
The company's total retail sales in the fourth quarter of the previous financial year stood at 1,09,869 vehicles, down 30.9% as compared with the January-March period of the FY 2018-19
The company said some limited activities will continue on the Nitra site
Domestic operations also hit by BS-VI transition impacting CV volumes
Regardless of regulations, all modern vehicles will become more and more autonomous