In July, Infosys announced a $2 billion deal with an existing strategic client without naming the client
TCS has operated in the UK for more than 45 years and works with over 200 clients
On Wednesday, Tata Group announced plans to set up a $5 billion electric vehicle battery plant in the UK that will have JLR and Tata Motors as anchor customers
Shares of Tata Motors DVR rose 2.6 per cent to touch the Rs 301 mark on the BSE in Monday's intra-day trade
India's Tata Motors Ltd expects its luxury car group, JLR free cash flow to nearly quadruple to top $2.50 billion this fiscal, and the automaker also declared its first dividend in nearly seven years
Higher volumes needed to offset the near term pressure on financials
Jefferies, in a report this month, noted that JLR had been focusing on improving profit and cash flow with an emphasis on selling higher-margin SUVs
UK-based Jaguar Land Rover (JLR) luxury carmaker on Wednesday announced a major investment plan of GBP 15 billion over five years, backed up by a Gigafactory planned by Indian parent company Tata Group in Europe. JLR Chief Executive Adrian Mardell confirmed plans for the company's plant in Halewood, north-west England, to become an all-electric production facility as he reaffirmed the firm's commitment to the Reimagine strategy, which will reposition the luxury car manufacturer as an electric-first company by 2030. He also revealed that JLR would be the anchor customer of the Tata Group's proposed Gigafactory, an announcement related to which he said is hopefully imminent. JLR will not be building a Gigafactory; that is not within our plans. Tata will be building a Gigafactory. We are clear it's going to be in Europe. A final destination hasn't yet been chosen," Mardell told reporters at a media event in Gaydon, the company's base in the West Midlands region of England. The importa
Growing global and domestic demand, better semiconductor chip supplies, and softening commodity prices are powering the automotive manufacturer's ride out of losses
British lender Barclays Plc is offering support for laid-off workers looking to start new fintech businesses and hopes to fill some of its thousands of technology job vacancies.
The company has appointed Adrian Mardell (acting CFO), who has been witn the company for the past 32 years, as the interim CEO
Easing chip supply, demand for premium models and price hikes at play
LIC has not paid any dividends in nearly three years, something that may have helped shore up the insurer's net worth ahead of its IPO. More on that in our top headlines.
While India volumes remain strong, JLR sales have been muted in the December quarter
The upgrades reflect the view that the credit profiles of the Tata Group entities are strengthened by their importance to Tata Sons, with potential for financial support
Shares of India's Tata Motors surged to their highest levels in nearly four years on Thursday after Morgan Stanley Research upgraded the stock
Automaker has cumulatively raised nearly Rs 50,000 crore of fresh equity
Brokerages cut FY22 estimates sharply, expect recovery in second half of FY22
Jaguar Land Rover (JLR) on Wednesday said it has launched updated version of Land Rover Discovery in the country with price starting at Rs 88.06 lakh (ex-showroom). The model comes with the latest generation of petrol and diesel engines, advanced infotainment system and superior comfort and practicality with seven seat configuration. "The new Discovery, while retaining Land Rover's legendary breadth of capability, offers renewed levels of refinement, luxury and efficiency which make it the best full-size SUV for the outdoors and adventure-filled journeys with the family," JLR India President and Managing Director Rohit Suri said in a statement. The Land Rover range in India includes the Range Rover Evoque (starting at Rs 59.04 lakh), Discovery Sport (starting at Rs 65.30 lakh), Defender 110 (Rs 83.38 lakh), Range Rover Sport ( Rs 91.27 lakh) and Range Rover (starting at Rs 2.10 crore). JLR sells its cars from 24 dealerships across the country.
JLR accounts for half the company's global unit sales and nearly 80 per cent of its consolidated revenues