Tata Motors posts worst quarterly loss in 9 yrs at â¹1,900 cr
Tata Motors reported its worst loss in nearly nine years at â¹1,902 crore for the June quarter compared to a profit of â¹3,199 crore in the year-ago period. Its UK subsidiary Jaguar Land Rover incurred a Â£210-million loss on Â£5.2 billion revenue. Dealers in China delayed purchases to benefit from an import duty cut that came into effect after June.