Tata Motors secures £175 million new loan for JLR
Tata Motors has secured a £175 million new loan for its UK subsidiary Jaguar Land Rover, taking the overall loan component to £500 million that the iconic British car maker has been able to get this year.
JSW Steel Ltd, India's third-biggest producer, plans to borrow from export credit agencies in Germany, UK and the US to fund its $3.3 billion expansion plan as banks restrict lending.