Page 16 - Tata Motors

Tata Motors completes transfer of defence biz to TASL for Rs 227.7 cr

Tata Motors on Thursday said it has completed the transfer of its defence business with effect from April 1 to Tata Advanced Systems Ltd (TASL) for an upfront consideration of Rs 227.7 crore.

Tata Motors reports sale of 66,609 units in domestic market in March

Total passenger vehicle sales last month stood at 29,654 units. The company had sold 5,676 units in March 2020

Tata Motors continues association with IPL for fourth straight year

Tata Motors on Tuesday said its flagship SUV Safari will be the official partner for the VIVO Indian Premier League (IPL) 2021

Stocks to watch: Adani Green, Tata Motors, Power Grid, Majesco, JSW Energy

Competition Commission of India said it has cleared Tata Power's proposed acquisition of 51 per cent stake in North Eastern Electricity Supply Company of Odisha Ltd

Used car market sees a continued interest from buyers amid Covid-19

2020 saw incremental growth for 1st-time car buyers, category up 3% for Maruti

Maruti Suzuki, Tata Group, M&M warm up to vehicle-scrapping units

Companies in talks on joint ventures and exploring tie-ups with suppliers

Tata Motors stares at empty corner office again; Marc to not join as CEO

With just three months left before Guenter Butschek demits office, it will be tough for the company to find his successor

Tata Motors says Marc Llistosella not to join as CEO

Guenter Butschek will continue as CEO & MD till June 30, 2021

Auto giant Tata Motors forays into company and economy ambulance segment

Tata Motors on Friday said it has launched a patient transport ambulance, designed specifically for healthcare mobility in the economy ambulance segment. The Magic Express ambulance is designed to support medical and health related services, which assumes significance especially during the COVID-19 pandemic, Tata Motors said in a statement. The compact dimensions of the vehicle enables easy manoeuvrability on Indian roads, resulting in speedy movement of patients requiring emergency care, thereby saving lives, it added. With the introduction of the Magic Express Ambulance, Tata Motors fulfils its commitment to provide the best healthcare mobility solutions. The company has been working closely with the medical fraternity to understand the requirements, and we have tailor-made a vehicle that perfectly ticks all the boxes when it comes to patient transportation," Tata Motors Vice President, Product Line (SCV & PU) Vinay Pathak said. With the introduction of the new segment, the ...

Swift, nifty, Maruti Suzuki's latest stands out in the small car segment

The fourth-gen hatchback blends user friendliness and practicality to serve up a value proposition

Tata Motors optimistic about overcoming semiconductors supply constraint

Tata Motors is optimistic that the supply constraint of semiconductors that has impacted its commercial vehicles production will be back to normal by the second half of the next fiscal

Tata Motors expects its CV sales to grow by over 36-38% in FY22

New launches, economic recovery and government spending on infrastructure to drive growth, says Girish Wagh

Tata Motors sees CV industry growth at over 30% next fiscal

Homegrown auto major Tata Motors expects the commercial vehicles industry to grow over 30 per cent in the next fiscal on the back of cyclical demand uptick and overall recovery of economic activity, according to a top company official. The company, which on Thursday launched its latest range of intermediate and light commercial trucks (I&LCV) - the Ultra Sleek T-Series with price starting from Rs 13.99 lakh (ex-showroom Delhi), is also seeking to cash in on the return of demand and enhance its market share in the segment. "One can now say that the economic recovery is well and truly in place and we see the last quarter GDP growth has been positive. The same thing is expected this year. Next year also both the government and RBI have given projections that the GDP should grow in double digits," Tata Motors President Commercial Vehicle Business Unit, Girish Wagh told reporters in a virtual conference. He further said, the commercial vehicles (CV) industry is very closely linked to ..

NITES files complaint against Tata Technologies for sacking 800 employees

Harpreet Saluja, President NITES said that they received complaints from employees of Tata Technologies and hence they took the matter to the Labour department

Tata Motors shareholders approve hiving off PV business into new entity

The company had said that its passenger vehicles business has been valued at Rs 9,417 crore

Top headlines: Brent hops past $70; Tata Motors to hive off PV business

Business Standard brings you top news of the evening

BEML surges 13% as report suggests Tata, Mahindra eyeing stake in firm

The board approved the appointment of M/s Deloitte Haskins & Sells LPP, as Consultant for advising, undertaking and implementing demerger of non-core assets of BEML

Stocks to watch: Heranba Industries, Wipro, IB Housing Fin, Jet Airways

Indiabulls Housing Finance has raised $150 million by issuing foreign currency convertible bonds, the company said

Trading tips by Ajit Mishra of Religare Broking: Buy Colgate, Tata Motors

Tata Motors has witnessed a fresh breakout on March 2, after consolidating in a range for a month

CV makers post strong sales in Feb on as mfg and infra activities pick up

MHCV segment has been improving on strong tipper & ICV pick-up; buses continues to be in red