Tata Motors group has raised its investment outlay for FY25 to Rs 43,000 crore for new products and technologies, with its British arm Jaguar Land Rover.
Tata Motors Q4 net triples to ₹17,407 crore as JLR unit buoys thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Following the Tata Tech IPO, Tata Motors stake in Tata Tech will go down from 64.79% to 53.39%. At the upper price band, the manufacturing-focused engineering research and development company catering to the automotive industry has been valued at Rs 20,283 crore at a PE of 32.5x.