Tata Sons appoints JLR CEO Ralf Speth as a board director
Speth is joined by N Chandrashekharan (board director) who is the MD and CEO of TCS
Just days after news trickled in that Cyrus Mistry has been replaced as the head of Tata Motors, the company confirms that it has appointed Ralf Speth as a board director. Speth is the CEO of Jaguar Land Rover and has been in the position since Feb 2010. Under his leadership, JLR has been making steady profits. Speth is joined by N Chandrashekharan (board director) who is the MD and CEO of TCS. Interim chairman of Tata Sons, Ratan Tata...
Fitch Ratings revises Tata Motors outlook on expectations of rising negative free cash flow in FY19 and FY20
Fitch Ratings on Thursday revised the outlook on Tata Motors to 'negative' from 'stable' on expectations of rising negative free cash flow in the current and the next financial year, following upward capex revision at subsidiary Jaguar Land Rover.
Jaguar Land Rover total retail sales in first quarter of this fiscal were at 145,510 units, up 5.9 percent year-on-year
Tata Motors-owned Jaguar Land Rover today said it will start assembling of one variant of its luxury sedan XF in India, thereby bringing down the starting price of the model by over Rs 12 lakh.