Tata motors posts Q1 loss with JLR

Mumbai, September 1 (ANI): Tata Motors, on Monday posted a consolidated loss for its fiscal first quarter, but remained confident about the prospects of its loss-making Jaguar and Land Rover unit. The company, which controls about 60 percent of the world's fifth-biggest truck and bus market, said that increased borrowing to support investments and new product development caused an increase in depreciation and interest costs.

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