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Have your cake and eat it too: How Tata can save JLR without selling stake

Had holding company Tata Sons Ltd. been a publicly traded firm, it could have raised equity relatively easily to help tide JLR over

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INDIGO India’sTataGroupshouldtreatthespeedbumpatJaguarLandRoverasatimelymemo:The$102billionsalt-to-softwareconglomeratecannolongerputofflistingitscloselyheldparent. UK-basedJaguarLandRoverAutomotivePlcisburningcashonelectric-vehicletechnologyjustasthedoublewhammyofaChineseautoslowdownandBrexitthreatensmarginsandsales.Ataveragecashburnratesof670millionpounds($882million)aquarter,theBritishcarmakermaystruggletomakeitthroughanotheryear,mycolleagueAnjaniTrivediwrotelastmonthafterit ...

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First Published: Wed, March 06 2019. 15:18 IST
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