be exported from India since the Maini Group started selling its Reva as G-Wiz in Europe about five years ago.Tata Motors will soon roll out its �20-million (Rs 160 crore) electric car project inand later scale it up for other Scandinavian markets. The Indica Vista EV has been designed and developed by Tata Motors' UK subsidiary, Tata Motors European Technical Centre.The project involves assembling...
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AMC standing committee maintained a status quo, allegedly under political pressure, on the order given to Tata Motors to supply buses for the BRTS project.Tata Motors was given an order to supply 235 buses for the project. However, the company failed to deliver the prototype bus as per the schedule. The municipal commissioner had asked the committee to review the decision to award the contract to Tata...
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Joining the bandwagon, along with Maruti, Honda and other popular Pre-owned car programmes, TATA has launched its Used-Car operations on a pilot basis through 15 dealers in 10 major cities across India including Mumbai, Delhi, Bangalore, Hyderabad, Chennai, Pune, Ahmedabad, Chandigarh, Ludhiana and Vapi. The programme will be subsequently offered across the country through the Tata Motors dealer network...
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Tata group raised afurther Rs 93 crore on Wednesday by selling nearly 19 lakh Tata Motors shareswith differential voting rights (DVRs) through two block deals on the bourses.On Monday, the group had raised about Rs 95 crore by offloading part of itsholding of Tata Motors DVRs.These transactions are part of TataGroup’s strategy to monetise a part of their investment portfolio. OnWednesday, Tata Sons...
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Tata Motors, India's biggest auto company by revenue, has speeded bus production at its massive Dharwad facility, primarily to avoid any delay in honouring its commitment to supply low-floor buses to the Delhi Transport Corporation (DTC).Both Tata Motors and Chennai-based Ashok Leyland have been asked to accelerate the supply of 2,500 buses — an order placed by DTC at the start of this year. While...
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Tata Motors' net profit for the quarter ended September 30 grew by 110 per cent to Rs 729.14 crore on the back of cut in forex losses, improvement in operating margin and gain out of selling shares in Tata Steel.The company had recorded Rs 346.99 crore net profit in the corresponding quarter last fiscal."The jump in net profit is on account of a combination of factors which include cut in forex losses,...
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has been a lot happening at JLR. The company was taken over by Tata Motors last year and is now being handled by the international division of the company. Tata Motors recently announced that they will be gradually shutting down one of the main manufacturing units of JLR in West Midland andLand Rover has confirmed that it will build the production version of its small SUV model the LRX. The new model...
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Trinamool Congress chief and Railway Minister Mamata Banerjee has expressed her readiness to enter into a joint venture with the West Bengal government to set up a railway coach manufacturing “national project” at the very site at Singur from where a movement led by her party, forced Tata Motors to relocate its Nano project a little more than a year ago.However, she insists that there will be no budging...
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country's third largestautomobile company Tata Motors today said it would not launchnew models at least for the next two years."We have already invested Rs 2,200 crore for making theIndigo Manza and Indica Vista platforms. We will not launchnew models except for the variants of the existing ones forthe next two years," Tata Motors Car Product Group GeneralManager Nitin Seth said."Let the investments...
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