The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.
The new tax regime has also been fuelling sale of SUVs, particularly the compact SUVs
'Tata A&D, when formed, will be better equipped to execute larger and more complex projects and be more globally competitive as part of the global supply chain.'
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
With 15% customs duty hike on locally assembled vehicles, it is cheaper to import from Thailand, says India MD
Whether it is protecting its turf in its core utility vehicle segment through new model launches, or stepping up investment in electric vehicles, the Anand Mahindra-led firm is leaving nothing to chance
Under political fire and ecologists' ire, the group hires Suhel Seth, who will work closely with the promoters and the social media, corporate communications and external public relations team.
Between 2007-08 and 2017-18, the number of countries they imported steam coal from has increased from six to 12.
Korea's second-largest automaker and Hyundai's sister company showcased a line-up of 16 models from its global portfolio at the ongoing Auto Show
The use of such robots can not only save lives but can also help road construction companies cut down on labour costs.
Tata Motors aims to address 95% of passenger vehicle market by 2020
The negotiations for a bail-out of the two plants could see continuity though a weakened BJP majority is a cause of concern among analysts, says Amritha Pillay.
The company will now focus on value creation for shareholders in the defence and construction businesses.
The labour force at large has turned less needy, due to various government financial incentives and freebies.
He would not be part of the day-to-day activities of L&T in his non-executive role. He would, however, be there at important company events.
Analysts remain confident RIL's refining and petrochemical segment will continue to support growth.
As A M Naik stepped down as L&T CEO, there are some things he still needs to take care of. And given his love for his company that's not the last we are going to hear of him yet.
City police, metros, airports, even power utilities are using pop culture and social media to reach the young and encourage public ownership of public services. Amritha Pillay reports.
L&T Infotech hits the refresh button, rebrands itself as LTI With a new name, colour palette and business focus, L&T Infotech looks to break free of its past
An analyst says, due to excess capacity, investment in manufacturing will not be forthcoming