While cost-cutting might arrest losses, JLR's plummeting sales graph may not change course before FY20
3 min read16 Jan 2019Any layoffs and plant shutdowns at Ford Europe would be subject to outcome of formal negotiations with labour representatives, says group vice president Steven Armstrong
2 min read11 Jan 2019The JLR job cuts are a response to sales slowdown caused by Brexit, flagging demand for diesel-powered vehicles and a downturn in China
1 min read10 Jan 2019Jaguar Land Rover (JLR), owned by India's Tata Motors, will outline the job cut measures in January as part of a three-year cost-cutting program
1 min read17 Dec 2018Tata Motors shares fell as much as 3.9% to 170.35, their lowest level since 29 October, in early trading session
1 min read17 Dec 2018JLR chief Ralf Speth said a bad Brexit deal could put tens of thousands of jobs at risk and cost the company more than 1.2 billion a year
1 min read11 Sep 2018Reacting to the news of JLR job cuts, Tata Motors shares fell 5% to Rs338.95 apiece on Monday. Tata Motors is now down 27% since 1 April 2017as compared to BSE Auto index, which has rallied by 16%
2 min read17 Apr 2018Jaguar Land Rover says the huge drop in demand in diesels led to its decision not to renew the contracts of 1,000 workers
3 min read16 Apr 2018Tata Motors' scrip opened at Rs351.50, then fell to an intra-day low of Rs337.90 and finally settled for the day at Rs338.95, down 4.96% over its previous close
1 min read16 Apr 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared