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Tata Motors and Jayem Automotives discontinue venture.

Tata Motors and Jayem Automotives discontinue venture.

Tata Motors Statement  Tata Motors Ltd. (TML), India’s leading automobile company, today informed the stock exchanges that it has signed an agreement to purchase the 50 per cent shareholding of Jayem Automotives in JT Special Vehicles Pvt. Ltd. (JTSV). Further to this announcement, JTSV will become a wholly-owned subsidiary of Tata Motors, following the completion of the procedural requirements. JTSV[Read More…]

by June 13, 2020 Corporate, News