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Tata Motors' Jaguar Land Rover gets UK's $2 bn loan guarantee
The Free Press Journal - Mumbai
|September 29, 2025
The UK government on Sunday announced that it will support “iconic British brand” Jaguar Land Rover (JLR) with a loan guarantee of up to 15 billion pounds ($2 billion) to give certainty to the Tata Motors owned carmaker's supply chain following a devastating cyber-attack.
The loan will come from a commercial bank, backed by the Department for Business and Trade's (DBT) Export Development Guarantee (EDG), provided by export credit agency UK Export Finance, to be paid back over five years. The aim is to bolster JLR's cash reserv
Esta historia es de la edición September 29, 2025 de The Free Press Journal - Mumbai.
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MÁS HISTORIAS DE The Free Press Journal - Mumbai
The Free Press Journal
Desi money in Swiss a/cs down 8%
Indian money held in Swiss banks fell by over 8% in 2025 to CHF 3.25 billion (nearly ₹26,793 crore), mainly due to a decline in funds held through local branches and other financial institutions, according to annual data released by the Swiss National Bank (SNB) on Thursday.
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June 19, 2026
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Govt ratifies 8.25% EPF interest rate for FY26
The Centre has ratified an 8.25% rate of interest on EPF deposits for 2025-26, which is likely to be credited to more than seven crore contributing members this month, a source said on Thursday.
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Vijayan targets UDF over PM SHRI shift
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1 min
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The Free Press Journal
W Asia tensions, El Nino to impact India Inc's Q1 earnings: ICRA
ICRA on Thursday said geopolitical tensions in West Asia are likely to act as a key overhang and impact earnings of India Inc with a 100 to 150 basis points contraction in operating profit margin.
1 min
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The Free Press Journal
Sharif inks as mediator
Pakistan's PM Shehbaz Sharif on Thursday signed the Islamabad MoU as the key mediator of the US-Iran negotiations. Pakistan officially signed as a guarantor, Sharif's office said on X.
1 min
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The Free Press Journal
Simulator data sheds new light on AI Flight 171 crash
When Air India flight 171 crashed on June 12, 2025, killing 260 people, the report put out by India’s Aircraft Accident Investigation Bureau (AAIB) said both engines lost power shortly after takeoff when fuel was cut and then a relight occurred.
4 mins
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The Free Press Journal
UK steel curbs: 85% of India's exports exempt
About 85% of India's steel exports to the UK have been exempted from from Britain's upcoming steel safeguard rules, while market access for the remaining shipments has been secured through a mix of measures such as countryspecific and residual quotas under the bilateral trade pact, an official said on Thursday.
1 min
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The Free Press Journal
One killed in Bandra blaze as MFB warns of AC overload
A 64-year-old resident, Azim Barodawala, died after a fire broke out in a seventh-floor apartment of the seven-storey Atlantic Building in Bandra West on Wednesday night.
2 mins
June 19, 2026
The Free Press Journal
MoU NOT PEACE, IT'S INTERRUPTION OF WAR
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2 mins
June 19, 2026
The Free Press Journal
Net income tax kitty grows 15% to ₹5.21 lakh cr till June 17
Net income tax collection grew 14.64% to over 5.21 lakh crore between April 1 and June 17, government data showed on Thursday.
1 min
June 19, 2026
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