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Tata's JLR picks UK for new plant
JLR helps Tata Motors log over two-fold rise in net
Tata Motors, India's biggest automaker, on Tuesday beat analysts' estimates with a more than two-fold jump in March quarter consolidated net profit and said it planned to merge its UK-based Jaguar and Land Rover businesses. Boosted by strong demand for the newly launched Evoque sport utility vehicle and a one-time tax credit at the Jaguar and Land Rover units, the city-based company said consolidated
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