Reliance Broadband officially shutting down
- Thread starter AS Kapoor2
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^^ I think you may be partially wrong. As per my knowledge they no longer have the loss making B2C telecom business. Their B2B enterprise businesses are very much profitable. And they have good market share and reputation in that (Tata Communications especially).
There is no reason on the earth for them to close their car business when their new gen cars becoming very popular and upcoming models have the capability to wipe competition in some segments (have lots of contacts in Tata Motors, know what is happening there). Wait and watch for another two years. Hyundai will fight with them for maintaining #2 position in India. They have understood the mistakes and are taking constant corrective actions.
Don't forget that Tata Motors PCBU is now run by a legendary former Maruti Suzuki COO & Head of Marketing under the supervision of very very strict German MD. The days of half baked Tata cars are long long gone.
There is no reason on the earth for them to close their car business when their new gen cars becoming very popular and upcoming models have the capability to wipe competition in some segments (have lots of contacts in Tata Motors, know what is happening there). Wait and watch for another two years. Hyundai will fight with them for maintaining #2 position in India. They have understood the mistakes and are taking constant corrective actions.
Don't forget that Tata Motors PCBU is now run by a legendary former Maruti Suzuki COO & Head of Marketing under the supervision of very very strict German MD. The days of half baked Tata cars are long long gone.
dextermorgan
I got banned!
Tata lost money and never made money in telecom sector source
tata sons keep on pumping money into it but I dont see the light at end of tunnel tbh
regarding tata motors, their new models got rave reviews but I dont see many of them on road. and their car business apart from telecom business is losing massive money past few years. only good thing they did was buy out JLR , whose management , repeatedly told in interviews that tata gave them total independence and didnt meddle in their affairs so they have been successful . Even FY 2018 , next to none profits have been forcasted for tata motors (baring JLR)
Tata Motors in a rut as JLR’s operating margins plunge
tata sons keep on pumping money into it but I dont see the light at end of tunnel tbh
regarding tata motors, their new models got rave reviews but I dont see many of them on road. and their car business apart from telecom business is losing massive money past few years. only good thing they did was buy out JLR , whose management , repeatedly told in interviews that tata gave them total independence and didnt meddle in their affairs so they have been successful . Even FY 2018 , next to none profits have been forcasted for tata motors (baring JLR)
Tata Motors in a rut as JLR’s operating margins plunge
Yes, Same Reliance Netconnect provider. Reliance Communications owned by Anil Dhirubhai Ambani.
soon they will send goons to recover those bills
volcano619
Prononimous
This made me laugh..LOL??
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