Tata Motors: Tata Motors announced that its board approved a demerger plan. The plan will create two separate publicly traded companies, aiming to empower individual business units and unlock potential synergies across key segments. The demerger will split Tata Motors into two distinct entities: a company focused on the commercial vehicle (CV) business and its related investments; and a company encompassing all passenger vehicle (PV) businesses, including electric vehicles (EVs) and Jaguar Land Rover (JLR), along with their related investments.
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