NO BAILOUT FOR JAGUAR LAND ROVER AND TATA STEEL FROM UK GOVERNMENT

HIGHLIGHTS

• Talks between the UK's Treasury and two Tata Group companies have broken off.
• British government concluded that Indian firms were sufficiently financed.
• Hence, Jaguar Land Rover and Tata Steel did not qualify for taxpayer support.

The British government has broken off the proposed bailout talks between Tata Motor's Jaguar Land Rover (JLR) and Tata Ste....