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Tata Motors raises Rs 264 crore in new FD scheme18-NOV-09
Tata Motors, India’s biggest automotive company by revenue, has so far raised Rs 264 crore through the revised fixed deposit scheme which it launched in August this year. The company is authorised to raise Rs 1,300 crore from the revised scheme.
108 service to expand in Uttarakhand18-NOV-09
As part of its expansion plan, the emergency “Dial 108” service being run by infrastructure major GVK in partnership with the Uttarakhand government, would shortly add 18 new vehicles to its fleet to provide better medical facilities to the 60 million pilgrims expected to arrive at the Maha Kumbh in Haridwar.
Tata Motors to expand Pantnagar plant17-NOV-09
Tata Motors, which is producing the Nano car, apart from other commercial vehicles, at its Pantnagar plant in Uttarakhand, said on Monday it was planning to expand the manufacturing facility and called for strengthening rail, road and air connectivity in the region to boost production.
Mamata moots rail coach factory in Singur14-NOV-09
Setting up of a rail coach factory in collaboration with the West Bengal government or on the public-private-partnership model at the abandoned Tata Motors’ Nano project site at Singur was today mooted by Railway Minister Mamata Banerjee.
Tata Motors DVR share sale fetches Rs 349 crore14-NOV-09
FIIs like DSP Blackrock, Prudential step in with buys.
India Inc gets into bear hug with Russian consumers14-NOV-09
Russians may still be humming their all-time favourite song — mera joota hai japani — but they are now choosing to buy Hindustani in big numbers.
BHEL may have power venture at Nano's Singur site13-NOV-09
There is a flicker of hope for Tata Motors’ abandoned Singur site. A team from government-owned Bharat Heavy Electricals Ltd (BHEL) today visited the place, along with state government officials, for a possible project with the West Bengal Power Development Corporation.
Car sales jump 34%, bikes up 14% in Oct11-NOV-09
Domestic passenger car sales have recorded 33.88 per cent increase at 1,32,615 units in October from 99,052 units in the same month last year.
Auto: Full steam ahead10-NOV-09
Auto sales numbers for almost all companies in October 2009, are in. With growth ranging between 15-60 % and teamed with impressive quarterly top line and bottom-line growth, the sector is a poster-child for the domestic growth potential.
SC issues notices to 23 states, 3 UTs on Tata Motors' plea10-NOV-09
The Supreme Court has issued notices to 23 states and three UTs on a petition by Tata Motors seeking quashing of the Central Sales Tax Appellate Authority's decision asking it to pay Central Sales Tax to the tune of around Rs 14 crore on sale of bus chassis to the Andhra Pradesh government.
GM Europe boss Forster may take charge of JLR09-NOV-09
The departing boss of General Motors Europe, Carl-Peter Forster, is all set to take charge of Indian conglomerate Tata group-owned Jaguar Land Rover (JLR) in the next few months, a media report has said.
Tata Motors to shut Pune plant for 3 days08-NOV-09
Tata Motors, India’s largest auto manufacturer, will shut down manufacturing operations at its Pune’s commercial vehicle (CV) unit for three days.
Tata Motor begins distribution of Prima World Trucks05-NOV-09
Tata Motors has started distribution of its Prima range of World Trucks, unveiled in May. The first product, the Prima 4028 S, is a 40-tonne 266-PS (Cummins ISBE engine) tractor with a 9-speed ZF transmission, a matching trailer with new generation brakes, ABS and specialised axles for heavy-duty and high-speed application. The tractor’s air-conditioned cabin includes reclining seats, adjustable steering wheels and arm rests for driver comfort.
Tata Motors plans 25K Jaguar XJs a year05-NOV-09
Tata Motors Ltd will build as many as 25,000 Jaguar XJ luxury cars annually, starting next quarter, in a bid to take customers from Bayerische Motoren Werke AG’s 7 Series and Daimler AG’s Mercedes S Class.
Serving up a 'Super Ace'05-NOV-09
The 1.5x2.2 meter area where Ravindra Salunkhe sells vegetables and fruits at the upmarket Cuffe Parade in South Mumbai may look like just another case of an unauthorised hawker occupying prime space.
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