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Why are Tata Motors shares falling
"If DGCA gives a report that safety cannot be assured certainly we will take action. We can cancel their license," he said.
20 Mar 2012, 01:16 PM IST 
Shinzo Nakanishi, Managing Director, Maruti Suzuki India
Shares of Tata Motors slumped in afternoon trading on the bourses on concerns of slowdown in the Chinese auto market. Luxury car makers like Mercedes are already offering huge discounts on high-end models, according to reports. China is the world’s second-largest luxury-auto market.China has been the key growth market for Jaguar Land Rover. Nearly 85% of group EBITDA (earnings before interest, tax, depreciation and amortization) for ...
