MUMBAI –Tata Engineering made a token cash profit, before interest and depreciation, in the fiscal year ended in March, compared with a disastrous $100 million loss in the previous year. The new Indica and financial restructuring are bringing Tata back on track. Tata had been losing market share since the original Indica was launched two years ago; the car lacked refinement and smoothness. The new Indica is a reengineered car with a versatile platform. Tata Indica V2 Tata ...
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