The rupee pared its initial losses and settled 44 paise higher at 81.25 (provisional) against the US dollar on Wednesday, tracking a weak greenback overseas and a firm trend in domestic equities. However, rising crude oil prices capped the gains in the rupee, traders said. During the trading session, the local unit witnessed an intra-day […]
Auto maker tata motors q3 margins improved across segments, and JLR benefited from rising chip supply, according to brokerage firm Nomura. Tata Motor’s consolidated Ebitda at Rs 9,640 crore was ahead. JLR: Average selling price (ASP) stood at £75.9k +9% q-o-q (Nom: 74k) benefited from strong mix. Ebitda margin was 11.9% (Nom: 12.3%). For India, […]
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