cv

Tata motors demerger: Tata Motors’ board approves demerging CV and PV businesses into two separate listed companies

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The board of Tata Motors on Monday approved demerging the operations of the company’s business into two separate entities, i.e., commercial vehicles and passenger vehicle business, a move aimed at delivering higher growths. All shareholders of Tata Motors would continue to hold the same identical shareholding in both the listed entities. “The demerger is a … Read more

Domestic commercial vehicle industry to see 4-7 pc dip in volumes next fiscal: Icra

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Domestic Commercial Vehicle (CV) volumes are expected to dip 4-7 per cent year-on-year next fiscal with high base effect kicking in, rating agency Icra said on Tuesday. The volumes are expected to remain muted through the January-March quarter on account of a perceived pause in the infrastructural activities as the model code of conduct kicks … Read more