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Jaguar Land Rover names Tata Motors CFO PB Balaji as CEO, replacing Mardell
Reuters
British carmaker Jaguar Land Rover named PB Balaji as CEO, replacing Adrian Mardell, parent Tata Motors said on Monday.
Last week, a spokesperson for JLR said Mardell would step down after being at the helm for three years. Mardell has been with the company, which is seen as the cash cow for Tata Motors, for more than three decades.
Balaji has been Tata Motors' group chief financial officer since late 2017. His appointment is effective in November.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Economic Times
22 minutes ago
- Economic Times
Stricter rules likely to curb substandard steel imports
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Time of India
36 minutes ago
- Time of India
Tariff timeline: Major developments in Trump's trade war
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August 6 - Trump imposes an additional 25% tariff on goods from India, saying the country directly or indirectly imported Russian oil.

Hindustan Times
an hour ago
- Hindustan Times
Brazil's President Lula plans joint statement with PM Narendra Modi, other BRICS leaders on Donald Trump's tariffs
Brazilian President Luiz Inacio Lula da Silva on Wednesday indicated his plans to call PM Narendra Modi and other leaders of the BRICS bloc in response to the tariffs imposed by US President Donald Trump. Brazil's President Luiz Inacio Lula da Silva speaks during an interview with Reuters at the Alvorada Palace, in Brasilia, Brazil, He said he was planning to ring PM Narendra Modi, Chinese President Xi Jinping and other leaders of BRICS.(REUTERS) The US tariffs on Brazilian goods jumped to 50% on Wednesday, but Lula said that his country won't announce any reciprocal measures. Instead, the Brazilian President told Reuters in an interview that he was planning to ring PM Narendra Modi, Chinese President Xi Jinping and other leaders of BRICS to discuss the possibility of a joint statement on Trump's tariffs. Trump had announced that the US would impose an additional 10 per cent tariff on 'any country aligning themselves with the Anti-American policies of BRICS' with 'no exceptions'. The BRICS countries, including India, had released a joint declaration voicing 'serious concerns' about the 'rise of unilateral tariff and non-tariff measures' in an apparent jibe at the Trump administration's trade policy. Lula might be looking for a more stinging statement from BRICS this time around. Brazil President doubles down on not calling Donald Trump Brazil's President Luiz Inacio Lula da Silva is in no rush to ring the White House, doubling down on his earlier statement that he wouldn't call Donald Trump to hold talks over the tariff issue. "The day my intuition says Trump is ready to talk, I won't hesitate to call him. But today my intuition says he doesn't want to talk. And I'm not going to humiliate myself," Lula told Reuters. Lula described the US-Brazil relations at a 200-year nadir after Trump tied the new tariff to his demand for an end to the prosecution of right-wing former President Jair Bolsonaro, who is standing trial for plotting to overturn the 2022 election. The President said Brazil's Supreme Court, which is hearing the case against Bolsonaro, "does not care what Trump says and it should not," adding that Bolsonaro should face another trial for provoking Trump's intervention, calling the right-wing former president a "traitor to the homeland." "We had already pardoned the US intervention in the 1964 coup. But this now is not a small intervention. It's the president of the United States thinking he can dictate rules for a sovereign country like Brazil. It's unacceptable," Lula said. Despite Brazil's exports facing one of the highest tariffs imposed by Trump, the new US trade barriers look unlikely to derail Latin America's largest economy, giving its President more room to stand his ground against Trump than most Western leaders.