Tata Motors Faces Financial Headwinds as JLR Struggles Impact Quarterly Results
Tata Motors, India’s leading automotive manufacturer, reported its first quarterly revenue decline in five years this week, citing significant operational disruptions within its British subsidiary, Jaguar Land Rover (JLR). The company’s consolidated performance was hampered by a $1.1-billion financial impact stemming from a major cyberattack on a key supplier and the imposition of new United…