Singapore: Tata Motors Ltd has agreed to inject "tens of millions" of pounds into Jaguar Land Rover to prevent an immediate cash flow crisis, the Financial Times reported on Monday.
The move by Tata, which bought the luxury carmaker earlier this year for $2.3 billion from Ford Motor Co, comes on top of a "hundreds of millions" of working capital it has provided to the British firm, the paper said citing sources close to Tata.
Car makers around the globe have been hit by a collapse in demand as the economic slowdown spreads and access to credit is choked off by the financial crisis.



CHENNAI: AIADMK supremo Jayalalithaa threatened to sue Tamil Nadu chief minister M Karunanidhi, seeking Rs one crore as damages if he did not apologise 
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COIMBATORE: India must persuade Sri Lanka to announce soon equal rights for Tamils on its soil, even as it carries out military action against the Liberation Tigers of Tamil Eelam (LTTE), Bharatiya Janata Party State president L. Ganesan told press persons here on Wednesday.
VELLORE: The Ministry of Railways has taken an ‘in-principle’ decision to operate bullet trains in Tamil Nadu, Maharashtra and Punjab, which have expressed willingness, according to R. Velu, Union Minister of State for Railways.
SALEM: “The difference between a good and a bad touch should be understood. A bad touch which makes you feel confused and uncomfortable should be discouraged and parents should be informed about it”.














