Tata Group to gain from Brexit, fall in pound sterling

Brexit as well as the resulting decline in the value of the British currency will be beneficial for the Tata Group, reports Business Standard.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney IThe Winning Leap SME Special
Moneycontrol

Home » News » Business

Oct 18, 2016, 08.48 AM | Source: Moneycontrol.com

Tata Group to gain from Brexit, fall in pound sterling

Brexit as well as the resulting decline in the value of the British currency will be beneficial for the Tata Group, reports Business Standard.

Like this story, share it with millions of investors on M3

Tata Group to gain from Brexit, fall in pound sterling

Brexit as well as the resulting decline in the value of the British currency will be beneficial for the Tata Group, reports Business Standard.

Post Your Comments

Share Cancel

Tata Group to gain from Brexit, fall in pound sterling
Brexit as well as the resulting decline in the value of the British currency will be beneficial for the Tata Group, reports Business Standard .

Tatas' manufacturing units in the UK, such as Tata Motors and Tata Steel , will gain from the sharp decline in the pound ever since the UK had voted to quit the Union on June 23.

However, exporters such as Tata Consultancy Services , Tata Communications and Tata Global Beverages, could face headwinds from lower margins.

The pound has lost almost 19 percent of its value against Indian rupee since the Brexit referendum.



Buy, Hold, Sell ? Hear it first on M3
Tata Group to gain from Brexit, fall in pound sterling

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login