Tata Motors’ plan to raise foreign debt off the table

Source: livemint.com Mumbai: Tata Motors Ltd has indefinitely deferred a planned fundraise of up to $1.5 billion in foreign currency loans after failing to garner sufficient interest from potential lenders, two people directly aware of the development said, requesting anonymity. The funds were to be raised by a Singapore-based entity of Tata Motors to refinance existing loans of

Maruti Suzuki to Motherson Sumi, here are stocks that are top picks of experts in auto sector

Source: zeebiz.com The bitterness in auto sales continued even for the month of June this year. Right from passenger vehicles, commercial vehicles, tractors, to two-wheelers all saw either subdued or weak demand. This was also the performance indicator for first quarter of FY20 in the auto industry, which will have its own impact on financial