Tata Motors’ Q2 FY25 profit dropped by 10% to Rs 3,450 crore, falling short of analysts’ projections. This decline was driven by a 20% decrease in operating profit, impacted by aluminium supply issues and quality control holds at Jaguar Land Rover, along with sluggish demand in the commercial and passenger vehicle segments.
Related Posts
Bank of America launches probe following whistleblower alleging disclosure of confidential information: Report
Bank of America has initiated an internal probe following a whistleblower’s claim that its bankers leaked confidential details to investors ahead of a major stock […]
Pharma market rebounds, asthma drug top seller
India’s pharmaceutical retail market rebounded in November with double-digit growth, driven by increased demand for dermatological and cardiac medications. Respiratory issues, exacerbated by pollution, boosted […]