The takeover of the Gujarat plant will offer much-needed capacity for Tata Motors, which has set its sights on crossing half a million annual sales this financial year, up from 370,400 in FY22. The company is currently operating at 85-90% capacity and to sustain this momentum it will need fresh capacity.
Asian shares slip as Middle East unrest deepens
Oil prices are rising. Asian stocks are mostly down following Wall Street’s losses. Middle East tensions are escalating. There is concern about potential US involvement.
June 18, 2025