Page 22 - Tata Motors

Related-party transactions: Rs 2.68 trn awaits shareholder nod next week

Tata Motors, similarly, will put proposed RPTs worth upwards of Rs 89,000 crore to a shareholder vote the same day

Tata Motors Fleet Verse: A comprehensive digital marketplace for CVs

Fleet Verse has five key features to ensure a comprehensive and user-friendly experience for customers

Stocks to Watch, June 20: Tata Motors, Sun Pharma, PNB Housing, Brigade Ent

Japan's Nikkei declined 0.70 per cent, contrasting with Korea's Kospi which saw a gain of 0.13 per cent. Australia's ASX200 witnessed a marginal decrease of 0.03 per cent

TaMo announces third price hike for CVs in 2024 amid rising commodity costs

This hike will be applicable across the entire range of commercial vehicles, with variations depending on individual models and variants

Tata Motors-owned JLR drives up plan to invest Rs 1.9 trn till FY28

In FY24, the company had invested 3.3 billion pounds, and in FY25, it aims to invest 3.5 billion pounds. In FY25, the automaker expects to be net cash-positive

Tata Motors to increase price of commercial vehicle by up to 2% from July

This marks the second price hike this year, after the Indian automaker increased prices by up to 2% in March

Hyundai opposes duty relief on hybrids, says it will hurt petrol vehicles

Government of India has proposed to reduce GST on hybrid passenger vehicles to 5% and 12% on flex engines, while GST on diesel and petrol vehicles will remain at 28%

Elon Musk's $56 billion pay package more than Tata Motors' annual revenue

Elon Musk's pay packaged vs Indian firm revenues: Elon Musk's annual salary is more than Tata Motors' revenue but less than Reliance Industries

IPO-bound Hyundai India and its rivals in world's third-biggest car market

Hyundai Motor India sought regulatory approval on Saturday to list on the Mumbai stock market in what could be the biggest IPO in the South Asian nation

Tata Punch and Nexon score perfect 5 in first BNCAP EV crash test

The Ministry of Road Transport and Highways has introduced an indigenous star-rating system for crash-testing cars

Tata Motors stock rises 2%; Brokerages upbeat on outlook post analyst meet

Overall, Tata Motors is targeting strong double-digit margins and aims to generate healthy positive FCF going ahead.

Tata Motors to power EVs with Rs 18,000 crore investment until FY30

Investment to span over 6 years, targets 20% share in PV market by FY30

Tata Motors turns net debt free in FY24; shares recover 2.5% from lows

The presentation also highlighted that Jaguar Land Rover (JLR) is on course to achieve net debt-free status in the financial year 2025 (FY25)

Stocks to Watch, June 10: Mphasis, Tata Motors, Adani Green, Samvardhana

Stocks to Watch today, June 10: Reports suggest BCP Topco IX Pte, an affiliate firm of Blackstone Group, will likely sell up to 15 per cent stake in Mphasis via block deals on Monday

Tata Motors shares soar 3% on strong May JLR UK sales; up 28% in 6 months

Tata Motors' May JLR UK sales zoomed 29 per cent on a year-on-year (Y-o-Y) basis to 6,093 units, as opposed to 4,732 units in May last year

Stocks to watch on June 05: Ztech India, SBI, GPT Infra, TaMo, Hindalco

Stocks to watch on June 05: Ztech India will list on NSE Emerge today. Its Rs 37.3 crore IPO, entirely fresh issue of 33.91 lakh shares was subscribed 371 times by investors

Tata Motors Fin to merge with Tata Capital via NCLT scheme of arrangement

In FY24, Tata Capital and Tata Motors Finance reported a net profit of Rs 3,150 crore and Rs 52 crore respectively

Tata Motors board okays to incorporate new wholly-owned unit for CV biz

Tata Motors on Tuesday said its board has approved to set up a wholly-owned subsidiary to house commercial vehicles business. The company has proposed the name of the new unit as TML Commercial Vehicles Ltd (TMLCVL). The entity is proposed to be a wholly-owned subsidiary of the company, Tata Motors said in a regulatory filing. In March this year, Tata Motors announced the demerger of its commercial and passenger vehicle segments into two separate listed entities to better capitalise on growth opportunities. As part of the initiative, the CV business and its related investments would be housed in one entity, while the passenger vehicle business, including electric vehicles, Jaguar Land Rover and its related investments, will come under a separate listed entity.

Automakers stocks sprint up post May sales; M&M, Ashok Leyland zoom 6%

Shares of Mahindra and Mahindra (M&M) zoomed 5.9 per cent, hitting its 52-week high at Rs 2,654 per share on the BSE in today's intraday trade

Tamil Nadu likely to be hub for Tata Motors-JLR's electric vehicle exports

Tata Motors is working on multiple options at the plant, where it plans to invest Rs 9,000 crore over five years