Infosys, Wipro and MindTree on investors' radar ahead of the September earnings. Airline stocks also likely to be in limelight as aviation ministry allows 100 per cent occupancy for domestic flights
The EV business in the commercial vehicles segment will remain with the parent company and is out of the purview of this deal
"The aim is to lead the EV charge in the market," said Shailesh Chandra, head of Tata Motors' passenger vehicles business
TaMo and TPG Rise Climate have entered into a binding agreement under which TPG Rise Climate along with its co-investor ADQ, will invest in a subsidiary of TaMo that will be newly incorporated
Titan (up 6 per cent), Bajaj Finserv, Bajaj Auto, Divis Labs, SBI, Hindalco, and Hero MotoCorp were the top gainers on the 50-pack index
The NSE Auto index seems well placed to test its all-time high; Prominent auto stocks like Tata Motors, Bajaj Auto, Hero MotoCorp and TVS Motor can gain 3.5-10 per cent
Six companies are slated to announce earnings today including BEPL, DRC Systems India, JTL Infra, and Ind Bank Housing
Global sales of JLR stood at 78,251 vehicles in the September quarter
Despite the impact of the semiconductor shortage on production and sales, JLR continues to see strong demand for its products with global retail orders at record levels in excess of 125,000 vehicles
The overall trend in rate sensitive stocks is positive and this unchanged policy may trigger further upside, once near term resistances are crossed
Tata Motors fund raising has attracted multiple private equity funds from the US, Middle East and Southeast Asia for for EV business.
Group Chairman Chandrasekaran, Tata Motors top-level delegation meet Stalin in a span of 2 weeks
Morgan Stanley said it believes Tata Motors will see the highest operating and financial leverage gains
Shares of India's Tata Motors surged to their highest levels in nearly four years on Thursday after Morgan Stanley Research upgraded the stock
Foreign brokerage firm Morgan Stanley upgraded the stock with an overweight rating from equal-weight and raised target price to Rs 448 from Rs 298 earlier on the back of improved business outlook
Tata Motors on Monday expanded its product range in the country with the unveiling of its sub-compact SUV Punch. The company plans to launch the model on October 20, and has commenced bookings on its website and sales network across the country for Rs 21,000. The Punch, which would sit below Nexon in the company's product line up, comes with a 1.2 litre petrol engine mated to both manual and automatic transmissions. The model comes with SUV attributes like tall seating, high ground clearance, 370 mm water wading capability and traction feature to aid recovery in off road situations. "As we have seen over the last few years, SUVs today have gone beyond just mere size and it is more about attitude and expression. People have been looking for a smaller SUV or a sub-compact SUV which is relatively a wide space. Punch has been designed keeping in mind the customer requirements," Tata Motors PVBU Vice-President (Sales, Marketing & Customer Care) Rajan Amba told PTI. Customers are these
The company expects demand for cars and SUVs to remain strong in the forthcoming festive season; however, the supply situation for electronic components may continue to witness challenging time
Following the restructuring announced by Ford, Mehrotra, 48, resigned from the firm on September 24
Tata Motors on Friday said its total domestic wholesales increased 28 per cent year-on-year (y-o-y) to 55,988 units in September. The company had dispatched a total of 44,410 units to its dealers in September 2020. The auto major said its total passenger vehicle sales in the domestic market stood at 25,730 units last month, compared with 21,199 units in the same month last year. Commercial vehicle sales in the domestic market stood at 30,258 units, up 30 per cent from 23,211 units in September 2020, it added. In the July-September 2021 quarter, the automaker sold a total of 1,71,270 units in the domestic market, up 55 per cent from 1,10,345 units in the second quarter of 2020-21. "After the second COVID-19 wave, markets are witnessing gradual demand recovery across most segments led by M&HCVs (medium and heavy commercial vehicles) with improving fleet utilisation levels, higher number of road construction projects awarded and improving cement consumption," Tata Motors Executive ..
According to analysts at Emkay Global, commercial vehicles (CVs) should maintain positive momentum in September while passenger vehicles (PVs) volumes are likely to be hit by the chip shortages