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Tata Motors Finance

Bharat Mobility Global Expo 2025: Tata Motors demerger by mid-FY26

CV division showcases 14 products at Bharat Mobility

Bharat Mobility Global Expo 2025: Tata Motors demerger by mid-FY26
Updated On : 17 Jan 2025 | 11:01 PM IST

Tata Capital, Tata Motors Finance merger receives RBI's approval

Through this merger, Tata Capital aims to attract new customers in the rapidly growing commercial vehicle and passenger car financing segments

Tata Capital, Tata Motors Finance merger receives RBI's approval
Updated On : 14 Oct 2024 | 11:56 PM IST

CCI clears proposed merger of Tata Motors Finance into Tata Capital

The Competition Commission of India (CCI) on Tuesday cleared the proposed merger of Tata Motors Finance Ltd into Tata Capital Ltd. Tata Capital Ltd (TCL) is a subsidiary of Tata Sons and is operating as a non-banking financial company Investment and Credit Company (NBFC-ICC). TCL is engaged primarily in the business of lending, leasing, factoring, financing and distributing financial products. "CCI approves the proposed merger of Tata Motors Finance Ltd with and into Tata Capital Ltd," the regulator said in a post on X. Tata Motors Finance Ltd (TMFL) operates as an NBFC-ICC and is engaged in the business of granting loans and facilities for financing the purchase of new vehicles manufactured by Tata Motors and its group companies. TMFL also refinances existing vehicle finance loans. It is a step-down wholly-owned subsidiary of Tata Motors Ltd. In June this year, Tata Motors, TCL and TMFL's board approved a merger of TMFL with TCL through an NCLT scheme of arrangement. As ...

CCI clears proposed merger of Tata Motors Finance into Tata Capital
Updated On : 10 Sep 2024 | 7:41 PM IST

A sporty hatchback: Tata Motors launches Altroz Racer at Rs 9.49 lakh

This new variant includes a 360-degree camera, a large touchscreen infotainment system, ventilated front seats (a first in this segment), and six airbags as standard

A sporty hatchback: Tata Motors launches Altroz Racer at Rs 9.49 lakh
Updated On : 07 Jun 2024 | 8:02 PM IST

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 Fin to merge with Tata Capital via NCLT scheme of arrangement
Updated On : 04 Jun 2024 | 10:46 PM IST

Eye on affordability? Tata Motors latest to slash prices of electric cars

Company say it is passing on benefits of reduced battery prices, keeps Punch cost unchanged

Eye on affordability? Tata Motors latest to slash prices of electric cars
Updated On : 14 Feb 2024 | 12:11 AM IST

PNB, Tata Motors Finance sign agreement to co-source commercial vehicles

Punjab National Bank (PNB) on Thursday said it has signed a memorandum of understanding with Tata Motors Finance Solutions for co-sourcing of commercial vehicles. The co-sourcing arrangement will provide simple and seamless financing solutions to fleet owners and commercial vehicle operators while expanding and scaling MSME businesses across geographies, PNB said in a statement. The memorandum of understanding was signed by PNB Managing Director Atul Kumar Goel and Tata Motors Finance Solutions Ltd MD Samrat Gupta.

PNB, Tata Motors Finance sign agreement to co-source commercial vehicles
Updated On : 17 Aug 2023 | 9:41 PM IST

Stocks to Watch: Tata Motors, HCL Tech, Ultratech, NBCC, Mastek, Tata Comm

Stocks to Watch today: Jaguar Land Rover, the luxury automotive subsidiary of Tata Motors, said it will invest £15 billion (Rs 1.53 lakh crore) over the next five years for an electric-first future

Stocks to Watch: Tata Motors, HCL Tech, Ultratech, NBCC, Mastek, Tata Comm
Updated On : 20 Apr 2023 | 8:09 AM IST

Tata Motors posts 8% jump in group global wholesales in January-March

Tata Motors on Friday reported an 8 per cent year-on-year increase in group global wholesales, including that of Jaguar Land Rover (JLR), at 3,61,361 units in the fourth quarter of FY23. Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in the January-March period this year stood at 1,18,321 units, up 3 per cent over the same period of FY22, Tata Motors said in a statement. Dispatches of all passenger vehicles in the fourth quarter increased 10 per cent to 1,35,654 units over the corresponding quarter of the previous fiscal, it said. Global sales of JLR stood at 1,07,386 vehicles in the March quarter, which comprised 15,499 units of Jaguar and 91,887 units of Land Rover, it said.

Tata Motors posts 8% jump in group global wholesales in January-March
Updated On : 07 Apr 2023 | 4:41 PM IST

Tata Motors to delist ADS, net loss in second qtr narrows to Rs 945 crore

The move will help simplify the company's financial reporting requirements and reduce administrative costs, it said

Tata Motors to delist ADS, net loss in second qtr narrows to Rs 945 crore
Updated On : 09 Nov 2022 | 11:45 PM IST

Tata Motors targets five-fold rise in electric vehicle sales by FY24

Will look to sell 100K units by next year, said Tata Motors chairman N Chandrasekaran

Tata Motors targets five-fold rise in electric vehicle sales by FY24
Updated On : 05 Jul 2022 | 1:16 AM IST

China lockdowns, chip crisis cloud JLR sales outlook for FY23: Tata Motors

Semiconductor shortage has 'disproportionately adverse impact' on UK subsidiary, says Indian company in annual report

China lockdowns, chip crisis cloud JLR sales outlook for FY23: Tata Motors
Updated On : 16 Jun 2022 | 11:52 PM IST

Tata Motors to supply 10K Xpres-Ts in largest-ever EV fleet order

Comes close on the heels of order signed with BluSmart for 3,500 Xpres-Ts

Tata Motors to supply 10K Xpres-Ts in largest-ever EV fleet order
Updated On : 06 Jun 2022 | 10:09 PM IST

Tata Motors to charge up its EV business with Ford Sanand plant buy

TaMo to take over land, plant building, machinery, and vehicle assembly along with all workers employed by the unit

Tata Motors to charge up its EV business with Ford Sanand plant buy
Updated On : 31 May 2022 | 1:38 AM IST

Tata group companies cut debt by selling shares, some biz portfolios

Group's net debt fell to Rs 2.04 trn in FY21 from Rs 2.6 trn a year ago; Debt of unlisted Tata Sons, the holding company, will go up this fiscal with Air India deal

Tata group companies cut debt by selling shares, some biz portfolios
Updated On : 23 Mar 2022 | 10:39 PM IST

SBI, others in race to buy loan portfolio of Tata Motors' finance units

Shareholders of two lending companies clear plans to sell loan assets up to Rs 14,500 crore.

SBI, others in race to buy loan portfolio of Tata Motors' finance units
Updated On : 07 Mar 2022 | 1:28 AM IST

Tata Motors finance arms to sell loan assets of Rs 14,500 crore

Move to free up capital for both Tata Motors vehicle finance companies

Tata Motors finance arms to sell loan assets of Rs 14,500 crore
Updated On : 04 Mar 2022 | 6:10 AM IST

Tata Motors board to meet next week to consider fund-raise proposal

The board meeting is scheduled to be held on May 18, 2021 to consider and approve the audited financial results for the quarter and financial year ended March 31, 2021

Tata Motors board to meet next week to consider fund-raise proposal
Updated On : 14 May 2021 | 1:10 PM IST

Tata Motors to carve out PV biz as separate entity, to see change of guard

The move is aimed at securing "mutually beneficial strategic alliances" that provide access to products, architectures, power trains, new-age technologies, and capital

Tata Motors to carve out PV biz as separate entity, to see change of guard
Updated On : 27 Mar 2020 | 10:40 PM IST

Tata Motors Finance plans to raise up to $1 billion through NCDs

TMFL will be 3rd major company from Tata group this year to tap overseas market

Tata Motors Finance plans to raise up to $1 billion through NCDs
Updated On : 18 Oct 2019 | 2:27 AM IST