The company, however, reiterates sunny outlook on struggling two-wheeler line. It says customer satisfaction high.
Oil tanked to a 7-year low as OPEC decided to maintain production.
On a standalone basis which represents its domestic operations, the revenues dipped to Rs 12,481 crore as compared to the last year's Rs 12,954 crore.
China is one of the biggest markets for JLR. The sales reached 53,000 units in the first nine months of the year, up 80 per cent from a year earlier
In an attempt to allay concerns of the US-based hospitality chain, Indian Hotels Co Ltd vice-chairman R K Krishna Kumar, in a letter to Lovejoy, said the Tata group firm would like to engage in a constructive dialogue.
Sensex rises, snapping two-session losing streak; banks, auto gain.
Automakers are caught in a chicken-and-egg situation: Prices have to come down if volumes are to increase, and volumes won't increase unless prices come down, notes Pavan Lall.
James Bond's Nemesis Drives Jaguar C-X75 in 'Spectre' !!
Prime Minister Narendra Modi on Saturday inaugurated a memorial in London dedicated to Dr B R Ambedkar over two months after India acquired the bungalow where the Dalit icon and architect of India's Constitution lived as a student in the 1920s.
Ahead of PM Modi's maiden visit to the UK, the British media today said "troubles at home" after the BJP's drubbing in the Bihar elections will overshadow his visit.
TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
Prime Minister Narendra Modi on Friday said bilateral cooperation in defence manufacturing would be the "prime focus" of his visit to the United Kingdom.
The 30-share Sensex ended in the red.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
Jaguar Land Rover will continue to be managed independently.
Mistry is expected to take over the mantle of the salt to software giant in Deecmber, 2012 after Ratan Tata retires.
Tata Motors-owned British luxury brands Jaguar and Land Rover is planning to expand its dealership network from 15 to 20, targeting tier-II cities like Bangalore, Surat and Aurangabad.
JLR, which has announced plans to deliver 40 products over the next five years, said in a statement that the Castle Bromwich plant would this year manufacture the 2013 Model Year XF and XJ ranges.
In Tata Motors' Annual Report for 2011-12, Tata said Jaguar Land Rover was developing higher-powered and more fuel-efficient engines to attract more customers.
It claims to be ahead of its competitors in the segment.
With an amazing start some of more interesting models to be launched this month are - Mercedes Maybach S600, Renault KWID, new Ford Figo and the Mahindra TUV300( launched recently)
Sales of luxury brands from Jaguar Land Rover were at 30,094 units during May, up 35 per cent from the same month last year, Tata Motors said in a statement.
'China pumps in a lot more money than what we do. China's space budget is close to $5 billion while it is hardly $1 billion for us.' 'We manage the programmes within the constraints of our budget. The main difference is we prioritise.'
Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
First time in 13 years the company has declined payment of dividend.
The Rs 978 crore mission, which has been rescheduled for Monday after scientists corrected the glitch in the rocket, will be launched at 2.43 p.m from the second launchpad at Satish Dhawan Space Centre, over 100 km from Chennai.
The rupee fell to a two-year low of 64.84 against the US dollar.
A gathering of top industry executives, government leaders and academics will explore critical topics such as India's emergence as a world power and how the next decade will define its place on the world stage.
Oil and select auto heavyweights bore the brunt of selling pressure; ONGC, RIL, Tata Motors, M&M key losers.
A price war started by German car makers in China may eat into JLR margins and volumes.
Experts attribute the high valuation of Indian auto makers to the faster growth in India compared to the rest of the world.
The new JV entity will also manufacture engines and set up a research and development centre in China.
It has turned around its domestic operations under the HorizoNext strategy
Tata Motors-owned Jaguar Land Rover plans to set up an engine manufacturing facility in India in order to meet the demand in the country.
Markets under pressure; IT financials grab spotlight.
Jaguar Land Rover (JLR) -- the two premium brands owned by Tata Motors, India's largest automotive company -- will tighten up frivolous expenditure to contain cash in a slowing automotive market.
Ratan TataTata Group Chairman Ratan Tata has asked all group companies to do a reality check in view of the economic slowdown, expected to continue in the New Year.
Markets closed the day in green on favourable domestic factors,
The Chang'e-4 spacecraft scripted history on Thursday when it made the first-ever soft landing on the far side of the moon.
The broader NSE Nifty, after shuttling between 10,651.60 and 10.532.70 points on alternate bouts of buying and selling, closed 6.20 points, or 0.06 per cent, down at 10,576.30.
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