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Tata Motors Q1 net up 42%, riding on JLR pension plan benefit

Homegrown auto major Tata Motors today reported 41.54 per cent jump in net profit to Rs 3,199.93 crore for the June quarter of the current fiscal, benefiting from one-time gain relating to changes made to JLR pension plans.

 
 
Telecom major Airtel today said it has sold 6.7 crore shares in its subsidiary Bharti Infratel for over Rs 2,570 crore.
Movie production house Eros Group is in preliminary talks with Apple and other major content distributors to sell its entire content library of films and music.
It is estimated that a large number of them could be from India, though the company did not reveal how many Indian executives accepted the offer.
 
 
Amazon recently received government's nod to stock and retail food and grocery items through brick and mortar stores, on both online and offline platforms.
While LIC holds 16.29 per cent stake in ITC, it holds 17.97 per cent stake in L&T as of end June.
The FMCG major is planning to build a plant in Nepal under its global business expansion and expand its presence further in the African market and Myanmar.
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