Tata may sell stake in JLR, UK steel plant as talks with British govt fail
With Tata Group’s talks with the British government on a financial rescue package failing, the conglomerate has to look for a strategic partner for Jaguar Land Rover (JLR) and sell its UK steel plant lock, stock, and barrel. A former director of Tata Steel and Tata Motors said with the European operations of both companies bleeding the finances of their parent companies, the group would have to come up with a solution soon. “I will not rule out a stake sale in JLR and selling