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India

Tata Motors, India to demerge its commercial and passenger vehicle business into separate listed companies

Mar 05, 2024

On March 4, the board of directors of Tata Motors Limited (TML) approved the proposal of demerger of Tata Motors Ltd into two separate listed companies housing i.e. the commercial vehicles (CV) business and its related investments in one entity and the passenger vehicles businesses including PV (passenger vehicles), ....

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