Tata Hispano Carrocera
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Tata Group's profitability hit amid goodwill charge
Higher goodwill impairment translates in to lower earnings per share as the non-cash provision is made against current year's income. In 2007, Tata Steel concluded the acquisition of Anglo-Dutch steelmaker Corus for $13 billion, but the company reported a goodwill impairment of Rs 8,800 for fiscal ending March 2013 as of last year's exchange rate.
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Tata Motors arm to stop production at Spanish plant
Tata Hispano Motors Carrocera said the move to stop production at its Zaragoza factory in northern Spain would impact all 287 employees, adding it had accumulated operating losses of 60 million euros in the past five years.
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Tata Motors global sales up 21% in January
Tata Motors said its global sales increased 21% in January to 1,19,799 units over the same period last year.
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Tata Motors global sales up by 14% in February
Global sales of Tata Motors increased by 14 per cent to 1,02,411 units in February on robust demand for both commercial and passenger vehicles, over the same month previous fiscal. Sales of luxury brands from were at 21,653 units in February, up 26 per cent from the same period a year ago, Tata Motors said in a statement. While s...
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Tata Group's profitability hit amid goodwill charge
Higher goodwill impairment translates in to lower earnings per share as the non-cash provision is made against current year's income. In 2007, Tata Steel concluded the acquisition of Anglo-Dutch steelmaker Corus for $13 billion, but the company reported a goodwill impairment of Rs 8,800 for fiscal ending March 2013 as of last year's exchange rate.
-
Tata Motors arm to stop production at Spanish plant
Tata Hispano Motors Carrocera said the move to stop production at its Zaragoza factory in northern Spain would impact all 287 employees, adding it had accumulated operating losses of 60 million euros in the past five years.
-
Tata Motors global sales up 21% in January
Tata Motors said its global sales increased 21% in January to 1,19,799 units over the same period last year.
-
Tata Motors global sales up by 14% in February
Global sales of Tata Motors increased by 14 per cent to 1,02,411 units in February on robust demand for both commercial and passenger vehicles, over the same month previous fiscal. Sales of luxury brands from were at 21,653 units in February, up 26 per cent from the same period a year ago, Tata Motors said in a statement. While s...
