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Tata Motors global sales increase by 2 per cent in June quarter

Global wholesales of passenger vehicles fell by 1 per cent year-on-year to 1,38,682 units in the first quarter, according to a statement from Tata Motors.

Tata Motors global sales increase by 2 per cent in June quarter

Tata Motors reported a 2 per cent increase in total global sales, reaching 3,29,847 units in the June quarter.

In the April-June quarter of FY24, the company had sold 3,22,159 units.


Global wholesales of passenger vehicles fell by 1 per cent year-on-year to 1,38,682 units in the first quarter, according to a statement from Tata Motors.

Jaguar Land Rover dispatches reached 97,755 units in the April-June quarter, showing a 5 per cent growth over the same period last fiscal.

Global wholesales of all Tata Motors commercial vehicles and the Tata Daewoo range in Q1 FY25 were 93,410 units, marking a 6 per cent increase over Q1 of FY24.

(With PTI inputs)

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Warner Bros urges shareholders to reject Paramount's £80.75 billion bid, backs Netflix deal

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Warner Bros urges shareholders to reject Paramount's £80.75 billion bid, backs Netflix deal

Highlights

  • Warner Bros board unanimously rejects Paramount Skydance's $108.4bn (£80.75bn) takeover bid.
  • Netflix's $72bn (£53.7bn) deal for film and streaming businesses deemed superior by board.
  • Paramount backed by billionaire Ellison family, while Netflix offer seen as better financed with clearer structure.

Warner Bros Discovery has told shareholders to reject Paramount Skydance's $108.4bn (£80.75bn) takeover bid, recommending instead a $72bn (£53.7bn) deal with Netflix for its film and streaming businesses.

The board "unanimously" agreed the Netflix deal was in the firm's best interests, despite Paramount claiming its offer was "superior" to the streaming giant's proposal.

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