CNNMoney is CNN’s unique business site with business, markets, technology, media, luxury, personal finance and small business news. Latest business news in a reside business news feed, together with updates on company, monetary and economic news, plus evaluation of UK and global markets. As per Indian accounting standards, X’s India arm recorded a Rs 44 crore loss in FY22. The further loss was related to share-based compensation prices that the company had to bear. In July 2022, the Ministry of Electronics and Information Technology revealed that X had 23.6 million users in India, making it the platform’s third-largest market.
The unions are trying to move off job losses in Britain’s steel business. While closing aging British facilities that Tata says are uncompetitive, the corporate may also hang on to sturdy clients like Jaguar Land Rover, which Tata also owns, in addition to business in the development and packaging industries. Increasing quantities of clean electrical energy from the various offshore wind farms planned off Britain would make metal produced by the plant even greener sooner or later, Tata says.
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