- New MD for SBI Funds Management
- Tata Motors global sales up 21% in Dec
New MD for SBI Funds Management
SBI Funds Management Pvt. Ltd on Friday said it has appointed Deepak Chatterjee as its new managing director (MD) with effect from Thursday. SBI Funds Management is the investment manager for SBI Mutual Fund.
Chatterjee has more than 32 years of experience in the banking sector and in his previous assignments in the last 10 years has held senior positions in State Bank of India (SBI) and SBI Capital Markets Ltd, a release said.
Tata Motors global sales up 21% in Dec
Tata Motors Ltd on Friday said its global sales increased 21% in December to 90,294 units on robust demand for commercial vehicles, but sales of luxury brands from Jaguar Land Rover (JLR) remained flat.
JLR reported sales of 21,353 units during the month, up just 1% from the same period the previous year, Tata Motors said in a statement. Sales of Jaguar luxury sedans were down 10% in December at 4,332 units, while Land Rover sales rose 4% to 17,021 units.