Blow to Tata Motors’ defence ambitions, defence ministry rules Jaguar Land Rover income not a component of company’s financial strength

Company says 2014-15 loss was aberration, have “credentials and expertise” By Ajai Shukla Business Standard, 6th Nov 2015 Because of its size and profits, automotive major Tata Motors has considered itself a front-runner in the contest to win India’s biggest “Make” category defence project --- a Rs 50,000 crore contract to design and build a “future infantry combat vehicle” (FICV) for

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