Sunday May 31, 2015
Reliance Industries Ltd (RIL), led by billionaire Mukesh Ambani, has overtaken state-owned Oil and Natural Gas Corp (ONGC) to become India's most profitable company, posting a consolidated net profit of Rs 23,566 crore in fiscal year 2014-15 (FY15).
Thomson Reuters | Thursday May 28, 2015
Blue-chips fell, with Housing Development Finance Corp down 2.5 per cent and HCL Technologies Ltd easing 2.6 per cent.
Thomson Reuters | Tuesday May 26, 2015
Tata Motors Ltd, India's biggest automaker by revenue, reported a drop in quarterly net profit due to a spike in costs despite steady sales of its luxury Jaguar Land Rover unit and an increase in demand for its cars in its home market.
Thomson Reuters | Tuesday May 26, 2015
Shares fell for a second consecutive session on Tuesday, as caution ahead of major company earnings such as Tata Motors Ltd and uncertainty about Greece's fiscal woes prompted investors to trim positions.
Friday May 15, 2015
TMT Joint Stock Company has signed a distribution, supply and technology licence agreements with the company, Tata Motors said in a statement.
Thomson Reuters | Thursday April 30, 2015
Jaguar Land Rover Ltd will recall 9,909 Discovery 4 SUVs in China for improperly installed anti-lock braking software that could increase the risk of a collision, according to a statement by China's top safety watchdog on Thursday.
Wednesday April 1, 2015
Tata Sons, the promoter of major operating firms of the over $100-billion diversified Tata Group, on Wednesday announced appointments of Ronen Sen and Farida Khambata as independent director on its board.
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.