Hyundai has joined Indian car manufacturers Tata Motors and Mahindra & Mahindra in opposing any tax breaks for hybrid vehicles, suggesting that such measures could disrupt the market for petrol and diesel cars. Japanese carmakers like Maruti Suzuki, Toyota, and Honda are advocating for lower taxes on strong hybrids, arguing that the technology reduces emissions … Read more
New Delhi: The planned ₹25,000 crore ($3 billion) IPO by Hyundai Motor India Ltd (HMIL) will drive parent Hyundai Motor’s ambitious strategy to make India a key export hub to expand its global business, besides seeking gains in the domestic market, said senior industry executives with knowledge of the matter. As part of this, the … Read more
S&P Global Ratings has rated six Tata group companies, including Tata Motors and Tata Steel, on CreditWatch with positive implications. The other entities part of the latest action from S&P include Jaguar Land Rover (JLR), Tata Power, TML Holdings Pte. and ABJA Investment Co Pte. The review, the ratings agency said, is being done to … Read more
Shares of Tata Motors on Wednesday rallied 2% to the day’s high of Rs 1,010 on BSE after the company announced that its India business is now net debt-free and aims for the Jaguar-Land Rover (JLR) business to be net debt-free in FY25. The company said that its businesses are self-sustaining and the investments are … Read more
Mumbai: Tata Motors, India’s third largest passenger vehicle maker by sales, is looking at a 400-600 basis points jump in market share from the current 14% to 18%-20% by the end of the decade, it said at an investor presentation on Tuesday. The company plans to ride on the launch of completely new nameplates (brands) … Read more
Mumbai: Tata Motors, India’s third largest passenger vehicle maker by sales, is looking at a 400-600 basis points jump in its market share from the current 14% to 18% to 20% over the next 2 to 3 years, it said in an investor presentation on Tuesday. This will be on the back of the launch … Read more
Tata Motors is making waves this summer with its irresistible discount deals on some of its most popular car models. For those considering purchasing a Tata vehicle this month, there’s good news – substantial savings await on a range of sought-after models including the Tiago, Altroz, Nexon, Harrier, and Safari. With benefits reaching up to … Read more
Most technical charts and options data hint at a bullish setup. According to technical analysts, Nifty is expected to continueits upward trajectory towards 23,560, followed by 23,890, with immediate support at 23,000. Analysts suggest Tata Motors,UltraTech Cement, Sun Pharma, McDowell, UBL, ITC, Marico, HUL, Tata Consumer, and Lupin for short-term trading. SHILPA ROUT, AVP – … Read more
Tata Motors on Friday launched the Altroz Racer, the latest addition to its premium hatchback lineup.The Altroz Racer, designed with race car-inspired aesthetics, has an introductory price of Rs 9.49 lakh. Tata Motors also said that the Altroz is the first hatchback in India to earn the prestigious 5 Star Global NCAP Safety rating. Expanding … Read more
The proposed demerger of existing automotive business into two listed entities will help the commercial vehicle vertical become more agile and capitalise on the opportunities available globally, according to Tata Motors Executive Director Girish Wagh. In march this year, Tata Motors announced the demerger of its commercial and passenger vehicle segments into two separate listed … Read more
