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Tata Motors boosting cash hoard for expansion and acquisitions

Tue, Sep 26, 2017 - 5:50 AM

Mumbai

TATA Motors Ltd, the owner of luxury car brands Jaguar Land Rover, is building a war chest that will allow it to expand its business and acquire rivals.

Cash and equivalents at the Indian maker of the Tiago and Hexa cars surged 87 per cent to 397.6 billion rupees (S$8.23...

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