Ratan Tata’s Adventurism: Rs10,000 Crore Investment; Rs27,000 Crore Write-off
On Thursday, 7th February, shareholders of Tata Motors and all those who continue to have a very high opinion of and hopes from the Tata group, woke up to a rude shock. Tata Motors announced that it is writing off Rs27,000 crore as a one-time hit from asset impairment at Jaguar Land Rover. 
“We are announcing a non-cash exceptional charge to reduce the book value of our capitalised...
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