Sales of Tata Motors surged 90% during festive season
Tata Motors Ltd. on Tuesday announced it had recorded a 90% rise in sales of passenger vehicles this Navratri, compared to the same period in the previous year.
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Tata Motors Ltd. on Tuesday announced it had recorded a 90% rise in sales of passenger vehicles this Navratri, compared to the same period in the previous year.
Rakesh Jhunjhunwala appears as a shareholder in the September Shareholding after buying 4 crore shares of Tata Motors last month.
Tata Motors sales have jumped 13.38% in August compared to last year.
Tata Motors on Monday i.e. 17th August issued a statement "categorically" denying reports that expressed the company plans to sell its stake in Jaguar Land Rover. Several media reports were claiming that Tata Motors may be looking at selling its stake in JLR by owing the losses.
Tata Motors' credit rating assessment has been re-affirmed by CARE Ratings.
The company on 31st July posted a net loss of Rs 8438 Crore for the quarter ended on June 30.
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