Tata Power & Govt of Maharashtra sign MoU for two pumped hydro storage of 2800 MW

Tata Motors’ domestic business is expected to become near net-debt zero in FY24 and JLR in the following year, Tata Motors chairman N Chandrasekaran told company’s shareholders virtually at the 78th Annual General Meeting.

“On our net debt journey, I expect Tata Motors domestic business to become near net-debt zero in FY24 and JLR in the following year,” he said. His remarks come against the backdrop of strong operational performance of all the three business verticals comprising commercial vehicles, domestic passenger and electric vehicles and Jaguar Land Rover delivering on their strategies in FY23.