Tata Motors, India’s largest commercial vehicle manufacturer, reported INR4 bn ($87 mn) standalone NI for fiscal 3Q 2009 ending December 31, 2009, reversing a losing streak. Its fiscal 3Q 2008 yielded a Net Loss of INR2.63 bn in the same quarter of December 2008. The results missed expectations, however, because despite better margins, Tata Motors [...]
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