Profit

Tatas may sell stake in group cos to fund JLR buyout

PUBLISHED ON: September 9, 2008 | Duration: 2 min, 06 sec

   
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Funding the Jaguar-Land Rover deal (JLR) is proving to be an uphill task for Tata Motors given the gloomy ecnonomic scenario across the world. For Tata Motors to riase the next tranche of money to fund JLR buy would be through selling of shares in group companies.
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