Thursday February 5, 2015
Ever heard of amphibious vehicles? The ones that run on both, land and water and look like they are straight out of a James Bond movie. Well, India is about to start manufacturing them. Amphibious Designs India Pvt Ltd (ADI), a Goa-based company, tog...
Monday February 2, 2015
Homegrown auto major Tata Motors' Rs 7,500 crore rights issue is credit positive as it will reduce its debt and fund business growth, according to ratings agency Moody's.
Thursday January 29, 2015
Stating that the company's strong financial profile is a key rating driver, Fitch said the robust performance of Tata Motors Ltd's (TML) subsidiary, Jaguar Land Rover, and its good financial flexibility have contributed to the profile.
Tuesday December 23, 2014
Japanese auto giant Honda Cars India Ltd has approached the Gujarat government with a proposal to set up a car manufacturing plant near Vithalapur village in Ahmedabad district with an investment of over Rs 1,000 crore, a senior government official s...
Tuesday December 9, 2014
Jaguar Land Rover is recalling 7,079 Jaguar F-Type sports cars in the United States because potential incorrect wiring could lead to the front passenger air bag not activating, according to documents filed with US safety regulators.
Friday November 14, 2014
Tata Motors Ltd, India's biggest automaker by revenue, said profit dropped 7 per cent in the second quarter, disappointing market expectations of a rise after a sharp drop in car sales at home.
Tuesday October 21, 2014
The target compares with a rise of around 40 per cent last year which Mr Grace partly attributed to a larger base of comparison.
Wednesday October 1, 2014
The Delhi High Court on Tuesday fixed October 28 for the final hearing of pleas by two Indian carmakers challenging provisions of the Competition Act as well as a Competition Commission of India (CCI) order imposing a penalty on them for violating tr...
Monday September 29, 2014
Mayank Pareek will join on Oct. 1 as president of the passenger vehicles business unit, Tata Motors said on Monday. Mr Pareek was formerly head of sales and marketing for Maruti, the nation's top carmaker by volume.
Tuesday September 23, 2014
It said Tata Motors shares have under-performed the auto sector recently and the "long-term story remains promising."
Thursday August 28, 2014
The investments would be made under the state government's industrial project policy, which was initiated in 2005 to boost investment in the manufacturing sector.
Tuesday August 26, 2014
Maruti is seen most impacted after being fined Rs 470 crore.
Tuesday August 12, 2014
The benchmark BSE Sensex rose 1.4 per cent to end at 25,880.77 points. The broader Nifty rose 1.3 per cent to end at 7,727.05 points, its biggest daily percentage gain since June 30.
Monday August 11, 2014
The Nifty rose 0.76 per cent, or 57.40 points, to end at 7,625.95, closing above its technically important 50-day moving average at 7,616.74. The benchmark BSE Sensex rose 0.75 per cent, or 190.10 points, to end at 25,519.24.
Friday August 1, 2014
Tata's domestic car sales fell 39 per cent year-on-year in the year that ended on March 31 and its market share also dropped to 4.2 per cent at end-June from 10.2 per cent two years ago, industry data showed.
Wednesday July 30, 2014
The Tata group will invest about $35 billion over the next three years to focus on new business areas such as infrastructure, defence and aerospace, as well as expand its global footprint.
Saturday July 26, 2014
The BSE Sensex and Nifty are likely to trade rangebound in the week starting July 28, hovering near record highs.
Thursday July 3, 2014
Companies law introduced last year requires listed firms that make a low or no profit to limit the salary they pay to their executives, depending on the size of the company. To exceed the limit, firms need approval from 75 percent of shareholders.
Wednesday June 25, 2014
Reeling under a prolonged demand slump, automobile and consumer durables firms on Wednesday welcomed the government's decision to extend reduced excise rates till December 31, saying it would give a boost to the sectors.
Wednesday June 25, 2014
Welcoming the government's move to extend reduced excise rates till December 31 for automobile and consumer durables sectors, India Inc on Wednesday said the decision will pay dividends in terms of higher growth in industrial production, even as it h...
Friday May 30, 2014
The Sensex closed 0.07 per cent lower at 24,217.34 points. It fell 1.9 per cent in this week, but gained 8 per cent in May.
Friday May 30, 2014
Shares in Tata Motors Ltd fell as much as 4.1 per cent in early morning trade after operating margin at its unit Jaguar Land Rover Ltd (JLR) lagged some analysts' estimates for the March quarter.
Thursday May 8, 2014
Tata Motors has raised $300 million (Rs 1,800 crore at 1 dollar = 60 rupees) through an issue of debt securities carrying a fixed interest rate.
Wednesday April 23, 2014
Analysts expect gains to be limited in the near-term as companies post their financial results and India continues its five-week-long election process.