Tata Sons increases stake in Tata Motors to restore investor faith

Tata Sons has bought 11.8 million shares of Tata Motors in tranches from last Monday to Friday, according to block deal data. The transaction — the second one in less than a year — is seen as an effort to restore investor faith in the company following a dismal performance by its UK subsidiary, Jaguar Land Rover Automotive. 

In the quarter that ended in December (Q3), Tata Motors reported a loss of Rs 26,961 crore. The non-cash loss, the biggest ever reported by