The Budget presents a dilemma to the unions. Mboweni himself grappled with the conflicting demands, writes Mpumelelo Mkhabela.
The Tata Group sees potential for significant growth in financial services without relying on acquisitions, as the conglomerate looks to sharpen its focus on about half a dozen businesses.
India's largest carmaker Tata Motors reported a 96% fall in quarterly profits, due to a cash ban which hit domestic business and weak sales at its luxury Jaguar Land Rover unit.
The Zika virus has hit India's Tata Motors, which has decided to re-brand a soon-to-be launched hatchback vehicle which was to have been called Zica.
Tata Motors is launching two models this week for India's Auto Expo, but the sudden death of its operations chief has left it in turmoil.
Indian carmaker Tata Motors on Wednesday reported a 42 percent rise in quarterly profits, buoyed by a one-time gain from changes it made to pension plans at British unit Jaguar Land Rover.
Tata has rechristened its new hatchback Tiago, changing it from the initial 'Zica' after an outbreak of the identical-sounding Zika virus.
In 2008 Indian automaker Tata Motors bought Land Rover and Jaguar to save the two luxury brands. Now, those two brands have saved the mother ship as the company reported tripled quarterly net profit.
India's Tata Motors says its quarterly net profit surged by a surprise 71% as a robust performance, lifted by sales from its luxury marque Jaguar Land Rover.
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