Balaji's rise to the top spot at JLR as its CEO comes at a time when the company is in a transition phase, lining up plans for more electric vehicles
Last week, a spokesperson for JLR said Mardell would step down after being at the helm for three years
Volume and revenue dips mar Q1, but rural traction and export gains keep automaker from sliding off course
Both global and local banks are considering joining the facility and the deal is expected to be completed by April 2026, pending regulatory approvals
Iveco gets India entry while Tata gains Latin American access
TaMo plans to tap into premium customer segments and cohorts of Iveco which complements its current positioning
Bharat Forge and Samvardhana Motherson International shares fell over 3 per cent each after Trump imposed a 25 per cent tariff
Proposed $4.5 billion acquisition may open mature markets for Tata Motors' CV business but raises concerns about duplication and pressure on financials
Prime Minister Giorgia Meloni's government has privately signaled it would back the proposed transaction as long as Iveco's strategically important defense unit is sold to a group led by Leonardo
Tata Motors stock dipped 4% in Wednesday's intra-day trade following reports that the company was in talks to acquire controlling stake in a commercial vehicle (CV) manufacturer based out of Italy.
At 12:30 PM, Sensex was trading at 82,570.47 level, up by 384 points or 0.47 per cent
India's Tata Motors has approached Exor, the Agnellis' investment company, over its controlling stake in Iveco Group, two of the sources said. A sale would not include Iveco's IDV defence business