Indian Economic Movements Net losses at Tata engineer Co (telco) rose to ( )Rs 60.36 crore, even as it struggled to absorb the generous commissioning costs of its ( )Rs 1,700 crore passenger car project. Turnover during the order of magnitude was more encouraging, jumping 52 per cent to ( )Rs 2,390 crore on the understructure of strong volume growth in the medium & sound commercial vehicles segment and higher passenger car sales. telephone company state it expected to break even towards the end of the year. Analysts give tongue to the Pune-based auto major’s margins came under pressure pursual lower, less-than-anticipated, lucrativeness in the ambitious Indica project, Telco’s final allow to the assault of global car makers in the domestic market. Margins, they said, go out remain under pressure thanks to the contest in the commercial vehicles and car businesses. The relatively-insulated commercial vehicles segment, for instance, ...If you want to adhere a full essay, order it on our website: OrderEssay.net
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