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Jaguar Land Rover has reported a drop in sales over the second quarter as supply issues restricted production and demand faltered in Europe and China. Sales fell by 3% year on year to 103,108 units, the Tata Motors-owned carmaker reported on Tuesday.
German conglomerate Thyssenkrupp on Friday lost its fight against a European Union antitrust veto five years ago of its proposed joint venture with Tata Steel , which was aimed at creating Europe's second-largest steelmaker.
Britain has secured improved terms for 2,500 steel workers set to lose their jobs, the government said on Wednesday, as it recommitted to a 500 million pound ($654 million) investment to help Tata Steel decarbonise its site in Wales.
Some £13.5 million is set to be paid out to workers and suppliers affected by the closure of two blast furnaces at Tata Steel's Port Talbot site. This will be the first payment from a £100 million fund to aid those hit by Tata's restructuring, which is set to cost 2,800 jobs.
SAN MATEO, Calif.--(BUSINESS WIRE)--HTEC, a global digital engineering services firm, is pleased to announce the results of its commissioned 2024 Total Economic Impact™ (TEI) study conducted by Forrester Consulting. The study outlined a three-year, risk-adjusted present value for a composite organization comprised of interviewees with significant experience working with HTEC. Forrester's cost-benefit analysis revealed that HTEC delivered an 82% return on investment (ROI) to customers over a thr.
Jaguar Land Rover is to pay for police support after a spate of thefts left its Range Rovers owners complaining the cars were too easy to steal. Tata-owned JLR said it will spend one million pounds on additional resources for the police in areas with high theft levels.
Dublin, June 14, 2024 (GLOBE NEWSWIRE) -- The "India Prefabricated Construction Industry Business and Investment Opportunities Databook - 100+ KPIs, Market Size & Forecast by End Markets, Precast Products, and Precast Materials - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering. The prefabricated construction industry in India is expected to grow by 14.4% to reach INR 1,146 billion in 2024, growing steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 13.5% during 2024-2028. The prefabricated construction output in India is expected to reach INR 1,904.8 billion by 2028. The rising adoption of prefabricated technology, coupled with government initiatives will lead the market growth in 2024. Larsen & Turbo (L&T) revealed that their clients are widely accepting prefab construction technology due to faster construction time and project deliveries using off-site modular construction methods.
Tata Sons, the parent company of the Indian conglomerate, could reach a valuation of US$96 billion, or 8 trillion Rupees, in an upcoming IPO expected to occur in the next year and a half. Its investments include Tata Consultancy, the software giant, Jaguar Land Rover maker Tata Motors Limited (NYSE:TTM) and Indian airline Vistara.
Private demand for electric vehicles flagged in February, prompting the motor industry to call for incentives to aid consumers in Wednesday's Spring Budget. Battery electric vehicle registrations increased by 22% to 14,991 in February, Society of Motor Manufacturers and Traders (SMMT) data showed on Tuesday, against a wider 14% uptick in car sales over the month.
Tata Motors Limited (TTM) Q3 2024 Earnings Call Transcript