MUMBAI Nov 7 India's Tata Motors Ltd plans to launch six new passenger vehicles and 25 new commercial vehicles in the first half of the next fiscal year that starts in April, Karl Slym, the head of its domestic business, told reporters.
Earlier, the company posted a 10.5 percent gain in quarterly net profit, but lagged estimates as pricing pressures affected its Indian business margins while slowing economic growth dampened demand for commercial vehicles. (Reporting by Kaustubh Kulkarni; Editing by Jijo Jacob)
Trending On Reuters
Greece voted on Sunday on whether to accept more austerity in exchange for international aid, in a high-stakes referendum likely to determine whether it leaves the euro-currency area after seven years of economic pain. Full Article