Tata Motors gains pace thanks to margin & volume growth https://ift.tt/dMDHBpO company's UK subsidiary, Jaguar Land Rover (JLR), whose production volume has suffered due to the shortage of chip supplies, is showing signs of recuperation and is expected to recover sequentially in the next few quarters. JLR has maintained its guidance of more than 80,000 units of sales volume for the last quarter of this financial year and total volume of 310,000 units for the full fiscal.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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