Among those who have the most to lose from India's haphazard policies are dealers selling cars made by Toyota, Mahindra & Mahindra, Daimler AG's and Tata Motors' luxury arm, Jaguar Land Rover
The luxury SUVs will compete against models of Mercedes-Benz, BMW, Audi, Volvo, Porsche and Land Rover
The London Commercial court has granted Tata Sons a period of 23 days, starting July 27th 2016, to apply to set aside the exparte order
The auto major had posted a profit of Rs 3,945.47 crore (Rs 39.45 billion) in the same period a year earlier.
The Tata group is looking to make a foray into semiconductor (also known as chips) manufacturing and it has set up a business to seize the opportunity, Chairman N Chandrasekaran said on Monday. "At the Tata group, we have already pivoted into a number of new businesses like electronics manufacturing, 5G network equipment as well as semiconductors, in all probability," he said while speaking at the annual general meeting of the IMC Chamber of Commerce and Industry. Chandrasekaran said global supply chains, currently heavily dependent on China, would see a big change in a post-pandemic world with businesses shifting their reliance to other countries.
Tata Motors Chairman Cyrus Mistry said the company was poised for an 'inflection', even as it revamped its entire product portfolio.
Guenter Butschek will start his new job by Feb. 15
The company said that while the first quarter numbers were at the pre-pandemic levels, it saw a growth of 34 per cent in sales compared to the April to June period of 2020.
While the UK's national mourning after the passing of Prince Philip last Friday will run until the morning after his funeral at St George's Chapel in Windsor Castle on Saturday, the royal family is observing two weeks of mourning.
The transaction - the second one in less than a year - is seen as an effort to restore investor faith in the company following a dismal performance by its UK subsidiary, Jaguar Land Rover Automotive.
Sporting a compact four-cylinder, two-litre engine, this new sedan will be the smallest five-seater luxury saloon under the Jaguar brand.
Jaguar Land Rover India has unveiled the Jaguar F-Pace at the Auto Expo 2016 in Noida.
'Favourable product mix, sales recovery, and cost saving initiatives are expected to support margins going ahead while focus on debt reduction (target of debt free by FY24) will aid balance sheet strength'
The ban does not speak about used luxury cars.
Indian Space Research Organisation's plan to soft land Chandrayaan-2's Vikram module on the Lunar surface did not go as per script in the early hours of Saturday, with the lander losing communication with ground stations during its final descent.
The petrol powered luxury saloon, which is being made at the company' Pune plant, comes after the successful launch of locally produced diesel-powered Jaguar XJ 3.0L earlier this year.
Tata Motors is stripped off India's most valuable company tag.
Tata Motors has halved the volume outlook for its UK subsidiary Jaguar Land Rover Automotive (JLR) and warned of lower earnings as it sees the semiconductor shortage deepening in the September quarter of the current financial year, according to a notification issued by the company to the stock exchanges on Tuesday. The announcement caught investors unawares. They were hoping for a quicker recovery. Tata Motors' stock tanked 13 per cent (on July 6) from the day's high of Rs 358.10 and hit the lower circuit (Rs 311.45) in intra-day trades.
The Chinese Mars probe named Tianwen 1, or Quest for Heavenly Truth 1, will fulfil three scientific objectives: orbiting the red planet for comprehensive observation, landing on Martian soil and sending a rover to roam the landing site.
From powering mobile devices, US chip designer Qualcomm has tied up with Ola Electric to power its electric scooters. Qualcomm is providing the key 4G connected octa core android platform which provides connectivity, computing capabilities and enables rich immersive displays with power saving software.
Auto sales have been declining for 13 straight months as a broader slowdown in the economy has crippled demand across the country.
The branding exercise is estimated cost Rs 100-200 crore to the Tata Group.
It has get-up-and-go and is possessed of immense agility, observes Pavan Lall.
Tata Motors group's investment for this fiscal is pegged at Rs 28,900 crore, mostly for its British arm Jaguar Land Rover (JLR), company chairman N Chandrasekaran said on Friday. The company will also look to raise capital separately for its electric vehicles (EV) business at an appropriate time. It is looking to have 25 per cent of its sales coming from EVs in the medium to long term, up from 2 per cent at present, he said while addressing the company's virtual AGM.
First time in 13 years the company has declined payment of dividend.
It has turned around its domestic operations under the HorizoNext strategy
Is it an old SUV in a new body? Or a new SUV in old body? Rajesh Karkera test-drives the next-gen Tata Safari aka Gravitas and comes away impressed.
Slym, 51, died after falling from a high floor of the hotel in Yannawa district, Bangkok.
During the day-long debate, the lines between science and religion often got blurred with many invoking religious texts and the contribution of 'rishi munis' to highlight India's tryst with the extra-terrestrial world.
The company has also been exploring the possibility of opening a factory in Mexico.
The Indian space agency is all set to embark on its most complex mission.
On the other hand, the group's two traditional cash cows, TCS and Tata Motors' subsidiary Jaguar Land Rover, are slowing as other businesses pick up pace
The saloon's interiors, powerful engine and latest technology will enhance the in-car experience of discerning customers by making it even more productive, entertaining and relaxing.
"The duration of manoeuvre was 1,738 seconds. With this, Chandrayaan-2 was successfully inserted into a Lunar orbit," Indian Space Research Organisation said.
The 15-member Board of BFA included former Japanese prime minister Yasuo Fukuda, former Malaysian prime minister Abdullah Ahmad Badwai, former Singapore prime minister Goh Chok Tong and former prime minister of France Jean-Pierre Raffarin besides former US Treasury Secretary Henry Paulson.
Automakers are caught in a chicken-and-egg situation: Prices have to come down if volumes are to increase, and volumes won't increase unless prices come down, notes Pavan Lall.
The price of the new Sumo will be between Rs 650,000 and Rs 10 lakh.
In the domestic market, the Tata Group has lost ground in the passenger car business.
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The company had posted a consolidated profit of Rs 2,313.87 crore (Rs 23.13 billion) in the same quarter last fiscal, Tata Motors said in a statement.
The landing on the moon near the South Pole, an uncharted territory so far, would be on September 6 or 7, Sivan told reporters, as the Indian space agency is all set to embark on its most complex mission.
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