Market Pulse
Sensex losers, gainers this week
It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent as U.S. Fed chief Bernanke’s suggestion that stimulus measures may be scaled back at one of their next few meetings dented sentiment. Here's a look at the top Sensex losers and gainers. Full Article
REUTERS SHOWCASE
Revenge of Markets
For months, markets have been dancing to central bankers' tune, but that may now be changing, writes James Saft. Full Article
Buy, Sell or Hold?
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
JLR's China unit to recall cars over safety worries
BEIJING |
BEIJING (Reuters) - Jaguar Land Rover's Chinese subsidiary will recall 337 cars because of substandard fixings in their brakes and steering boxes, China's national product quality watchdog said on Tuesday.
The General Administration of Quality Supervision, Inspection and Quarantine said in a statement on its website that Jaguar Land Rover's China unit is recalling 190 2012 Evoque and Freelander vehicles produced on June 11 this year.
The agency's statement said the recall was prompted by concerns that substandard fixings in the vehicles' rear brake calipers may lead to brakes failing and sudden tyre deflation.
The agency said another 147 2012 Evoque and 2013 Evoque vehicles made between October 20 and September 18 will also be recalled due to problems in their steering boxes, which contain "security risks".
Jaguar Land Rover, the British luxury marque owned by India's Tata Motors (TAMO.NS), has relied on strong demand over the past year from emerging markets such as China for its luxury SUVs and sleek sedans to offset sluggish growth in developed markets.
(Reporting by Sui-Lee Wee; editing by Patrick Graham)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints






Follow Reuters