Business Standard

Page 2 - Tata Motors

Tata Motors-owned JLR drives up plan to invest Rs 1.9 trn till FY28

In FY24, the company had invested 3.3 billion pounds, and in FY25, it aims to invest 3.5 billion pounds. In FY25, the automaker expects to be net cash-positive

Tata Motors-owned JLR drives up plan to invest Rs 1.9 trn till FY28
Updated On : 19 Jun 2024 | 11:38 PM IST

Tata Motors to increase price of commercial vehicle by up to 2% from July

This marks the second price hike this year, after the Indian automaker increased prices by up to 2% in March

Tata Motors to increase price of commercial vehicle by up to 2% from July
Updated On : 19 Jun 2024 | 12:26 PM IST

Hyundai opposes duty relief on hybrids, says it will hurt petrol vehicles

Government of India has proposed to reduce GST on hybrid passenger vehicles to 5% and 12% on flex engines, while GST on diesel and petrol vehicles will remain at 28%

Hyundai opposes duty relief on hybrids, says it will hurt petrol vehicles
Updated On : 18 Jun 2024 | 6:09 PM IST

Elon Musk's $56 billion pay package more than Tata Motors' annual revenue

Elon Musk's pay packaged vs Indian firm revenues: Elon Musk's annual salary is more than Tata Motors' revenue but less than Reliance Industries

Elon Musk's $56 billion pay package more than Tata Motors' annual revenue
Updated On : 18 Jun 2024 | 4:57 PM IST

IPO-bound Hyundai India and its rivals in world's third-biggest car market

Hyundai Motor India sought regulatory approval on Saturday to list on the Mumbai stock market in what could be the biggest IPO in the South Asian nation

IPO-bound Hyundai India and its rivals in world's third-biggest car market
Updated On : 15 Jun 2024 | 11:51 AM IST

Tata Punch and Nexon score perfect 5 in first BNCAP EV crash test

The Ministry of Road Transport and Highways has introduced an indigenous star-rating system for crash-testing cars

Tata Punch and Nexon score perfect 5 in first BNCAP EV crash test
Updated On : 14 Jun 2024 | 12:37 AM IST

Tata Motors stock rises 2%; Brokerages upbeat on outlook post analyst meet

Overall, Tata Motors is targeting strong double-digit margins and aims to generate healthy positive FCF going ahead.

Tata Motors stock rises 2%; Brokerages upbeat on outlook post analyst meet
Updated On : 12 Jun 2024 | 3:09 PM IST

Tata Motors to power EVs with Rs 18,000 crore investment until FY30

Investment to span over 6 years, targets 20% share in PV market by FY30

Tata Motors to power EVs with Rs 18,000 crore investment until FY30
Updated On : 11 Jun 2024 | 11:19 PM IST

Tata Motors turns net debt free in FY24; shares recover 2.5% from lows

The presentation also highlighted that Jaguar Land Rover (JLR) is on course to achieve net debt-free status in the financial year 2025 (FY25)

Tata Motors turns net debt free in FY24; shares recover 2.5% from lows
Updated On : 11 Jun 2024 | 12:24 PM IST

Stocks to Watch, June 10: Mphasis, Tata Motors, Adani Green, Samvardhana

Stocks to Watch today, June 10: Reports suggest BCP Topco IX Pte, an affiliate firm of Blackstone Group, will likely sell up to 15 per cent stake in Mphasis via block deals on Monday

Stocks to Watch, June 10: Mphasis, Tata Motors, Adani Green, Samvardhana
Updated On : 10 Jun 2024 | 9:17 AM IST

Tata Motors shares soar 3% on strong May JLR UK sales; up 28% in 6 months

Tata Motors' May JLR UK sales zoomed 29 per cent on a year-on-year (Y-o-Y) basis to 6,093 units, as opposed to 4,732 units in May last year

Tata Motors shares soar 3% on strong May JLR UK sales; up 28% in 6 months
Updated On : 05 Jun 2024 | 2:24 PM IST

Stocks to watch on June 05: Ztech India, SBI, GPT Infra, TaMo, Hindalco

Stocks to watch on June 05: Ztech India will list on NSE Emerge today. Its Rs 37.3 crore IPO, entirely fresh issue of 33.91 lakh shares was subscribed 371 times by investors

Stocks to watch on June 05: Ztech India, SBI, GPT Infra, TaMo, Hindalco
Updated On : 05 Jun 2024 | 7:28 AM IST

Tata Motors Fin to merge with Tata Capital via NCLT scheme of arrangement

In FY24, Tata Capital and Tata Motors Finance reported a net profit of Rs 3,150 crore and Rs 52 crore respectively

Tata Motors Fin to merge with Tata Capital via NCLT scheme of arrangement
Updated On : 04 Jun 2024 | 10:46 PM IST

Tata Motors board okays to incorporate new wholly-owned unit for CV biz

Tata Motors on Tuesday said its board has approved to set up a wholly-owned subsidiary to house commercial vehicles business. The company has proposed the name of the new unit as TML Commercial Vehicles Ltd (TMLCVL). The entity is proposed to be a wholly-owned subsidiary of the company, Tata Motors said in a regulatory filing. In March this year, Tata Motors announced the demerger of its commercial and passenger vehicle segments into two separate listed entities to better capitalise on growth opportunities. As part of the initiative, the CV business and its related investments would be housed in one entity, while the passenger vehicle business, including electric vehicles, Jaguar Land Rover and its related investments, will come under a separate listed entity.

Tata Motors board okays to incorporate new wholly-owned unit for CV biz
Updated On : 04 Jun 2024 | 6:16 PM IST

Automakers stocks sprint up post May sales; M&M, Ashok Leyland zoom 6%

Shares of Mahindra and Mahindra (M&M) zoomed 5.9 per cent, hitting its 52-week high at Rs 2,654 per share on the BSE in today's intraday trade

Automakers stocks sprint up post May sales; M&M, Ashok Leyland zoom 6%
Updated On : 03 Jun 2024 | 1:42 PM IST

Tamil Nadu likely to be hub for Tata Motors-JLR's electric vehicle exports

Tata Motors is working on multiple options at the plant, where it plans to invest Rs 9,000 crore over five years

Tamil Nadu likely to be hub for Tata Motors-JLR's electric vehicle exports
Updated On : 02 Jun 2024 | 11:27 PM IST

Demerger to help commercial vehicle biz capitalise globally: Tata Motors

The proposed demerger of existing automotive business into two listed entities will help the commercial vehicle vertical become more agile and capitalise on the opportunities available globally, according to Tata Motors Executive Director Girish Wagh. In march this year, Tata Motors announced the demerger of its commercial and passenger vehicle segments into two separate listed entities to better capitalise on growth opportunities. As part of the initiative, the commercial vehicle (CV) business and its related investments would be housed in one entity, while the passenger vehicle (PV) business, including electric vehicles (EVs), Jaguar Land Rover (JLR) and its related investments, will come under a separate listed entity. "The proposed demerger will help us improve focus and make us more agile to capitalise on opportunities in the CV market globally," Wagh, who heads the company's commercial vehicle business, said in a message to shareholders in the auto major's Annual Report for ..

Demerger to help commercial vehicle biz capitalise globally: Tata Motors
Updated On : 02 Jun 2024 | 12:00 PM IST

Tata Motors electric vehicle business posts Rs 9,300 crore revenue in FY24

Co expects PV industry demand to moderate as a result of high base effect

Tata Motors electric vehicle business posts Rs 9,300 crore revenue in FY24
Updated On : 01 Jun 2024 | 12:24 AM IST

Charging ahead: Focus on net carbon zero, says TaMo's Shailesh Chandra

"Frankly, Tata Motors has no dilemma around which technology to invest in. We have to watch for the long-term mega trends since there will be many intermittent confusions and distractions"

Charging ahead: Focus on net carbon zero, says TaMo's Shailesh Chandra
Updated On : 31 May 2024 | 11:01 PM IST

Domestic PV sales set to exceed 5mn; TaMo set to tap growth opportunity

Domestic passenger vehicle segment is expected to cross the 50 lakh-mark of annual sales over the next few years and Tata Motors is geared up to tap into this growth opportunity, according to Tata Group Chairman N Chandrasekaran. In a message to the company's shareholders in Annual Report for 2023-24, he noted that the company will focus on revenue growth and strong free cash flows across its businesses going ahead. "India is well on track to exceed the 5 million vehicle sales mark in passenger vehicles over the next few years from the 4.1 million volumes clocked last year," Chandrasekaran said. India's vehicle penetration, at about 30 vehicles per 1,000 population, is well below global norms and is expected to continue to increase, he noted. "Tata Motors is well placed to further strengthen its market position and tap into this growth opportunity," Chandrasekaran stated. Elaborating on the passenger vehicle segment, he stated that in the next phase the business will focus on ..

Domestic PV sales set to exceed 5mn; TaMo set to tap growth opportunity
Updated On : 31 May 2024 | 2:26 PM IST