Tata Motors to drive in foreign partner in passenger vehicle biz

IndiaTimes Monday, 3 August 2020 ()
Tata Motors, the flagship of the Tata Group, is in talks with multiple automakers, including European and East Asian players, to sell up to a 49% stake in its India passenger vehicle business, which accounted for 4% (Rs 10,297 crore) of its turnover in fiscal 2020.
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News video: Monday Sector Leaders: Manufacturing, Vehicle Manufacturers

Monday Sector Leaders: Manufacturing, Vehicle Manufacturers 01:08

 In trading on Monday, manufacturing shares were relative leaders, up on the day by about 14.8%. Leading the group were shares of Vislink Technologies, up about 424.1% and shares of Pctel up about 6.3% on the day.