No significant risk to Indian banking system from Adani Group: CLSA
“Indian banking exposure is less than 40% of total group debt,” CLSA said in its report dated January 26. Within this, private banks’ exposure is below 10% of total group debt and most banks have indicated that they have largely financed assets with strong cash flows, such as airports/ports,” it said.
Tata Motors gains pace thanks to margin & volume growth
The 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 […]