Anisha Mehra
North News
Chandigarh, September 11
As per news reports, UBS said in its note, “JLR has performed well in recent years, with strong ASPs and margins driven by high demand for its latest models. According to Upstox, However, the prolonged success of these models is beginning to moderate, and the company’s order book has fallen below pre-COVID levels,” the note said.
Meanwhile, the Competition Commission of India (CCI) on Tuesday cleared the proposed merger of Tata Motors Finance into Tata Capital. Tata Capital is a subsidiary of Tata Sons and is operating as a non-banking financial company. TCL is engaged primarily in the business of lending, leasing, factoring, financing, and distributing financial products.
