Jaguar Land Rover, the British luxury automaker, said on Saturday that it was pausing shipments to the United States in April, days after President Trump’s auto tariffs went into effect. The company, which makes luxury cars that include Jaguars, Defenders and Range Rovers, does not have manufacturing facilities in the United States and exports all … Read more
Tata Motors Ltd. and Mahindra & Mahindra Ltd. are closing in on Hyundai Motor Co.’s No. 2 position in India, putting pressure on the South Korean automaker just as it prepares for a record $3.5 billion listing of its local unit. While Hyundai has long wrestled with Tata Motors for the second spot, Mahindra — … Read more
Hyundai Motor India Ltd.’s plan for one of India’s largest share sales may further boost valuations for the nation’s already-buzzing automakers. The listing may value the South Korean carmaker’s Indian unit at $25 billion, Bloomberg News reported previously. That would make it the nation’s fourth biggest automaker by market value, a milestone analysts say bodes … Read more
Tata Group company Tata Technologies has filed a draft prospectus with markets regulator Sebi to raise funds through initial public offering (IPO). The IPO is completely an offer for sale (OFS) by promoters and selling shareholders. The shares of the company are proposed to be listed on both NSE and BSE. Here are 10 things … Read more
By Tim Quinson The makeup of a company’s board, believe it or not, can have a meaningful impact on a company’s performance. For example, companies that have the same person serving as both chairman and chief executive typically report about an 80 basis-point lag in return on assets, according to an analysis by Bloomberg Intelligence. … Read more