In the past week alone, Tata Motors' stock has climbed 18 per cent following an upgrade from brokerage firm Nomura, which set a 'Buy' rating and a target price of Rs 1,294 per share.
Prices of 'flagship car' and its sport variant will reduce by 18-22%, say senior executives of Tata Motors-owned company
Tata Motors-owned Jaguar Land Rover (JLR) on Wednesday reported an 81 per cent jump at 4,436 units in its retail sales in India in the fiscal ended March 31, 2024. The year-on-year growth of 81 per cent represents one of the best performances in the market since the company's launch in India in 2009 and its highest in the last five years, JLR India said in a statement. Retail sales of SUVs, Range Rover, and Defender continued to grow with year-on-year increases of 160 per cent and 120 per cent respectively, it added. The newly launched 2024 model year 'Discovery Sport' and 'Range Rover Evoque' grew by 50 per cent and 55 per cent year-on-year respectively, the company said. JLR India Managing Director Rajan Amba said during the past year, JLR India achieved a series of retail sales records, resulting in a strong full year position for the year ended March 31, 2024. "We remain confident in our strategy and vision for the years to come. The positive gains we have made in the last yea
DRIVING FORCE: UK subsidiary powers growth for India's auto leader amid domestic uncertainty
A combined market cap of Tata Motors (Rs 273,985 crore) and Tata Motors DVR (Rs 27,940 crore) touched Rs 3.02 trillion in intra-day trades on Tuesday.
"Punch.ev will be the first product based on this pure electric architecture, which will spawn a variety of products with multiple body styles and sizes," the company's statement noted
Tata Communications has already commenced implementation of the network transformation program and will complete the deployment by 2025
TCS has operated in the UK for more than 45 years and works with over 200 clients
Brokerage firms are expecting a strong recovery in Tata Motor's financials as supply-side issues are relaxing (for JLR) and commodity headwinds are easing (for PV and CV).
UK-based Jaguar Land Rover (JLR) luxury carmaker on Wednesday announced a major investment plan of GBP 15 billion over five years, backed up by a Gigafactory planned by Indian parent company Tata Group in Europe. JLR Chief Executive Adrian Mardell confirmed plans for the company's plant in Halewood, north-west England, to become an all-electric production facility as he reaffirmed the firm's commitment to the Reimagine strategy, which will reposition the luxury car manufacturer as an electric-first company by 2030. He also revealed that JLR would be the anchor customer of the Tata Group's proposed Gigafactory, an announcement related to which he said is hopefully imminent. JLR will not be building a Gigafactory; that is not within our plans. Tata will be building a Gigafactory. We are clear it's going to be in Europe. A final destination hasn't yet been chosen," Mardell told reporters at a media event in Gaydon, the company's base in the West Midlands region of England. The importa
He had joined Tata Motors as Head of Premier Car Division and led the launch of Jaguar and Land Rover in India in 2009
The Tata Motors Group on Tuesday reported a 2 per cent year-on-year growth in global wholesales, including Jaguar land Rover (JLR), at 3,34,884 units in the March quarter of FY22.
Brokerages cut FY22 estimates sharply, expect recovery in second half of FY22
Ex-TCS, group posted net loss for the third straight year in FY21
Jaguar Land Rover (JLR) India on Monday said it has commenced bookings for the updated version of F-PACE SVR SUV in the country
From govt fast-tracking approval for foreign-produced Covid vaccines to JLR reporting over 12% rise in Q4 retail sales, here are top headlines this evening.
Jaguar Land Rover India on Tuesday said it has commenced bookings for the updated version of F-PACE SUV
The company refuses to give a launch timeline, says it is in talks with battery makers and suppliers to localise a large portion of manufacturing in order to bring the cost down
At the bourses, shares of Tata Motors surged 32.3 per cent during the September quarter as compared to 9 per cent gain in the S&P BSE Sensex, ACE Equity data show
Brexit an added worry for wholly-owned subsidiary JLR