India has issued the operational framework for concessional-duty imports of passenger and goods vehicles from the United Kingdom under the India-UK Comprehensive Economic and Trade Agreement (CETA), which comes into effect on July 15.
Tata Motors Passenger Vehicles shares witnessed a sharp sell-off on Wednesday, plunging nearly 10 percent and emerging as one of the biggest losers on the Nifty 50 index. The decline came after Jaguar Land Rover (JLR) shared a cautious outlook for FY27, raising concerns among investors about future profitability and growth prospects.