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Tata Motors, India’s largest vehicle manufacturer, on Thursday said that it proposes to raise funds of about USD 250-500 million through external commercial borrowing (ECB).All proceeds will be used towards refinancing a part of the principal amount of the borrower's notes as permitted under the ECB directions. Meanwhile, Jaguar Land Rover (JLR) reported a rise of 6.1 percent in May sales to 48281 units driven by the introduction of new models including the Range Rover Velar, the Jaguar E-PACE and the new Land Rover Discovery. While Land Rover retail sales rose 6 percent to 33,774 units during May while Jaguar sales increased by 6.6 percent to 14,507 units. During the January-May period, JLR sales increased 1.6 percent to 188,443 units. For Expert Advice click here: Capitalheight.

The Ministry of Women and Child Development has decided to join hands with international agencies to strengthen mechanism for online lodging of cybercrime complaints against child sexual abuse materials. The step has been taken by the Maneka Gandhi-led ministry to curb cybercrime against women and children, particularly the elimination of online child sexual abuse material, rape imagery and other offensive material.

Oil meals export declined by 33 percent to 97,036 tons last month on lower global demand, according to industry data. The overall export during April-May 2018 fell by 8 percent at 3, 21,179 tons compared to 348222 tons in the corresponding period of the previous year, the Solvent Extractors' Association of India (SEA) said in a statement. Rapeseed meal exports increased to nearly 1.43 lakh tons in first two months. During April-May 2018.

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