Page 29 - Tata Motors

Tata Motors launches registered vehicle scrapping facility in Punjab

Leading automobile manufacturer Tata Motors has launched a registered vehicle scrapping facility (RVSF) in Punjab, which will be the company's fourth such unit. Named 'Re.Wi.Re Recycle with Respect,' the facility was unveiled in Morinda by Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, a company statement said here on Tuesday. The facility uses environmentally-friendly processes and has the capacity to disassemble 12,000 end-of-life vehicles safely and sustainably, each year. The RVSF is developed and operated by Tata Motors' partner Dada Trading Company and is equipped to scrap both passenger and commercial vehicles, regardless of their brand, aligning with the company's vision to promote eco-friendly initiatives. "This milestone follows the resounding success of Tata Motors' three previous RVSFs in Jaipur, Bhubaneshwar and Surat, further reinforcing its dedication to eco-friendly initiatives," it said. Shailesh Chandra

Healthy outlook, upcoming Tata Tech listing lifts Tata Motors to new high

Tata Motors is looking at a strong second half (H2FY24E) and beyond due to improvements in all 3 business verticals.

Tata Motors commences sales of its commercial vehicles in Thailand

Tata Motors on Tuesday said it has commenced sales of its commercial vehicles in Thailand. The company said it has introduced a line-up of trucks, including Super Ace, Ultra T.9, Ultra T.14 and the flagship Prima 5038.S, with a gamut of value-added services, in the country. In April this year, Tata Motors announced a strategic partnership with Inchcape plc as its distributor for commercial vehicles in Thailand. Inchcape plc will also establish an extensive network of 13 customer touchpoints -- including sales, service and spare parts -- strategically located to provide seamless assistance to its customers. "Jointly with Inchcape, we are confident of delivering complete peace of mind to our customers with our strategically located sales and service touchpoints in Thailand," Tata Motors Commercial Vehicles Head (International Business) Anurag Mehrotra noted. At the outset, Inchcape will offer the Super Ace, Ultra T.9, Ultra T.14 and the flagship Prima 5038.S to address the varied

Tata Technologies IPO: Check price band, bidding period, and other details

The Tata Technologies Ltd IPO includes a reserved 10 per cent quota for Tata Motors shareholders

Tata Technologies sets IPO price band at Rs 475-500 per equity share

The anchor book will open on November 21, the issue will open for public subscription on November 22, and the case will close on November 24

Tata Motors hits new high; up 2% after setting price band for Tata Tech IPO

Analysts have a positive view on Tata Motors primarily tracking guidance of record profitability and cash flow generation at JLR for FY24E, strong intent to become net debt free (auto) by FY25E.

Suzuki to introduce three-cylinder engines: Why is this a big deal?

Suzuki has continued with its four-cylinder engines at a time when most carmakers have shifted to three-cylinder units

Tata Motors up 1% on announcing IPO date for Tata Tech; DVR hits new high

Tata Technologies' initial public offering (IPO) will open for subscription on November 22

Stocks to Watch today, Nov 15: Dabur, ASK Auto, TaMo, PC Jeweller, Yatra

Stocks to Watch on Wednesday, November 15, 2023: The Mumbai Police has filed an FIR in connection with the Mahadev betting app scam against prominent figures from the Dabur Group

Tata Tech IPO opens Nov 22, first share sale by group firm in 2 decades

Selling shareholders include Tata Motors, Alpha TC Holdings and Tata Capital Growth Fund

Car sales to cross 4 mn mark this year on strong demand despite price hikes

Carmakers are expecting sales of 4.10 to 4.17 mn cars this calendar year. This is 8-10% more than the sales registered in 2022, despite the high base of last year

Stocks to Watch today: Tata Motors, ZEE, Ashok Leyland, GIC, Aurobindo, HGS

Stocks to watch on Friday, November 10, 2023: Biocon, Hindustan Aeronautics, Hindalco, LIC, M&M, ONGC, SAIL and Tata Chemicals among prominent companies scheduled to announce Q2 results today.

Moody's upgrades Tata Motors' ratings to Ba3; outlook remains positive

It also upgraded Jaguar Land Rover Automotive Plc's (JLR) CFR to "Ba3" from "B1"

Singur saga: TaMo's arbitration award roils political waters in West Bengal

The SC verdict triggered the compensation clause for Tata Motors

Tata Motors surges over 4% on healthy Q2 results; DVRs hits new high

The company's earnings before interest, tax, depreciation, and amortisation (Ebitda) during Q2 was Rs 13,767 crore, up from the Rs 5,571 crore in the second quarter last financial year

Tata Motors shares settle nearly 2% higher after posting Q2 earnings

Shares of Tata Motors ended nearly 2 per cent higher on Friday, after the company reported a consolidated net profit of Rs 3,783 crore in the September quarter, riding on robust performance by its British arm Jaguar Land Rover. The stock ended at Rs 647.80, up 1.73 per cent on the BSE. During the day, it gained 4.49 per cent to Rs 665.45. At the NSE, it ended with a gain of 1.62 per cent at Rs 646.80. During the day, it climbed 4.64 per cent to Rs 666. In traded volume terms, 22.65 lakh shares of the company were traded at the BSE and over 2.30 crore shares at the NSE during the day. This is the fourth successive quarter of positive results for the home-grown auto major. The Mumbai-based company had posted a consolidated net loss of Rs 1,004 crore in the year-ago period. Total consolidated revenue from operations stood at Rs 1,05,128 crore in the second quarter of this fiscal as compared to Rs 79,611 crore in the year-ago period, Tata Motors said in a regulatory filing on Thursda

TPEM's Avinya series of vehicles will be manufactured at Sanand 2 facility

The Sanand 2 plant would be operational by the fourth quarter of FY24

Tata Motors wins Singur land case against WB govt: Here are case details

Tata Motors secured an arbitral award of Rs 766 crore, with 11 per cent interest in the Singur plant case against the West Bengal government

Jaguar Land Rover, CVs take Tata Motors net profit to Rs 3,764 crore

During the quarter under review, the company's revenue from operations increased by 32 per cent to Rs 105,128 crore, up from Rs 79,611 crore during the July to September period of 2022-23

Tata Motor's electric vehicle arm ties up with JLR for Avinya range

Tata Motors on Thursday said its electric vehicle arm has inked a licensing pact to source electrified architecture from Jaguar Land Rover for the development of 'Avinya' range of cars. Tata Passenger Electric Mobility Ltd (TPEM) and Jaguar Land Rover (JLR), both 100 per cent subsidiaries of the auto major, have entered into a Memorandum of Understanding (MoU), Tata Motors said in a statement. The pact envisages TPEM licensing JLR's electrified modular architecture (EMA) platform for a royalty fee for the development of Avinya series, it added. TPEM and JLR will also enter into an engineering services agreement (ESA) to support former's content requirements for the first vehicle development. JLR's EMA platform will underpin the automaker's next generation of electric mid-sized SUVs for international markets, to be launched from 2025 onwards. The platform is optimised for native Battery Electric Vehicle (BEV) proportions to maximise interior space, comfort and vision along with ...