Mexican Media Brands
Ailing Tata Motors Names New CFO
India’s Tata Motors Ltd. has named a new chief financial officer one week after reporting sagging quarterly operating results caused by growing investment costs and declining revenue from its Indian operations.
#economics
Share
India’s Tata Motors Ltd. has named a new chief financial officer one week after reporting sagging quarterly operating results caused by growing investment costs and declining revenue from its Indian operations.
P. B. Balaji will take over as Tata Motors’ CFO in November, replacing C. Ramakrishnan, who held the post for two years. Ramakrishnan will retire from the company at the end of next month.
Balaji currently is CFO of Hindustan Unilever. Tata says his new assignment will be to drive financial performance and bring “greater rigor to operations and investment decisions.”
RELATED CONTENT
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data
-
Global Car Market to Shrink for 2-3 Years
Global sales of light vehicles will decline year on year through at least 2021, predicts LMC Automotive at its annual outlook conference outside Detroit, Mich.