Thursday, October 31, 2024

Tata Motors CFO Balaji's stock soars high within group

PB Balaji, Tata Motors' finance chief, is expanding his influence within the Tata Group companies, being appointed to boards like Air India and Titan. Hand-picked by chairman N Chandrasekaran in 2017, Balaji has been instrumental in Tata Motors' turnaround, focusing on debt reduction, operational efficiency, and electric vehicle initiatives. Tata Motors is now debt-free in India with positive cash reserves.

from Auto-Industry-Economic Times https://ift.tt/R6ibpaB

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Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...