Tata Motors managing director & CEO Carl-Peter Forster told Business Standard that the company would not be doing the Nano justice if it remains just the 'world's cheapest car' and, hence, will look at all the 'natural evolutions' of the Nano, including upgrades.
Other losers included Vedanta, Tata Steel, NTPC, ONGC, L&T, M&M, Coal India, Maruti, PowerGrid, Axis Bank, ITC and HDFC, dropping up to 5.75 per cent. On the other hand, Kotak Bank, Bharti Airtel, HCL Tech, Bajaj Finance and Hero MotoCorp rose up to 0.95 per cent.
The plant will initially assemble JLR's sport-utility vehicle Freelander 2 from completely knocked down kits shipped from the Halewood manufacturing unit in Liverpool, UK.
Four new products under the Jaguar brand are under development.
'It is hard to justify $225 million a plane for an increasingly obsolete mission.' The purchase of the 36 Rafales has changed little for the IAF.
Tata Motors, however, did not elaborate on the various programmes that have been initiated with JLR and other subsidiaries.
The capital of Georgia has been placed on lockdown after heavy flooding destroyed enclosures at the city's zoo allowing tigers, lions, jaguars, wolves, jackals and a hippo to escape and roam the streets.
The new coalition government headed by prime minister David Cameron is determined to have 'very good relations' with India's Tata Group, owners of Jaguar Land Rover and Corus, British business secretary Vince Cable said on Thursday.
The issue comprising 'A' ordinary shares aggregating $550 million and ordinary shares aggregating $200 million has been subscribed 3.4 times, Tata Motors said in a filing to the Bombay Stock Exchange.
Australian swimmer Stephanie Rice has lost her sponsorship contract with Jaguar after making an alleged anti-gay comment on a social networking site, local media reported on Tuesday.
British Prime Minister David Cameron's recent comments in Bangalore on the "export of terror" by Pakistan have enormously pleased the Indian strategic establishment, but the fact is that India is already gearing up for the November visit of US President Barack Obama and is keenly aware that there is nothing like a defence deal to sweeten the mood.
Latif, who was chief of the IAF from September 1978 to August 1981, was admitted to the hospital on April 25 with 'aspiration pneumonia' and the end came at 4.30 pm, sources said.
American armaments dominated the defence services's show of weaponry.
The country top automaker, Tata Motors, launched its marquee car brands Jaguar and Land Rover in India on Sunday. It had acquired these brands from US car maker Ford. The company promises that the two brands would give the Indian public an opportunity to experience the 'pleasure of driving superior technology.'
India's Tata Group owned Jaguar Land Rover has scrapped plans to close one of its UK plants.
Guenter Butschek will start his new job by Feb. 15
Auto major Tata Motors on Monday said it appointed Carl-Peter Forster as the new group chief executive of the company.
'While fighter pilots must not be sent into combat in inferior aircraft, an obsessive quest for outright combat superiority will leave an air force short of numbers,' says Ajai Shukla.
The biggest spender was Tata Motors, with Rs 4,224.6 crore assigned under the R&D head.
The Tata Motors-Jaguar-Land Rover combine, with a valuation of $8.45 billion now reigns supreme among the most valuable corporate brands in India.
A security man was killed in an encounter after Maoists blew up part of the Hehegarha railway station and tracks in Jharkhand's Latehar district on Thursday on the second day of their two-day Bharat bandh. The gun-battle began at approximately 2 am, after nearly 100 armed Maoists bombed a portion of the railway station, killing security man Indra Dev Singh of the Jharkhand Jaguar Force, said the police.
Ratan Tata-led Tata Motors on Thursday said that it plans to expand its commercial vehicles business in India and would launch a few more models by this year-end.
Despite pending payments of over Rs 20,000 crore, HAL revenue grew 6% against the previous year.
Tata-promoted Taj Hotels may decide to add the Nano to their line of chauffeur-driven cars used for guest transfers.
The money was supposed to be used to develop an electric version of one of its existing models.
From high-performance cars and customised bikes to accessories and in-car entertainment technology, the Autocar Performance Show 2014 held in Mumbai's Bandra Kurla Complex turned out to be paradise for car lovers.
The Jaguar E-Type and the Land Rover Defender are two of the most famous automotive icons that Britain gifted to the world.
At home, passenger and commercial vehicle sales have suffered from an environment of high interest rates and fuel prices in an economy growing at its slowest pace in a decade.
The Argentinian becomes the first brand ambassador of the company in its 70-year history.
Smith's financial acumen steered the troubled car maker through its toughest times in the recent past.
Tata Motors-owned Jaguar Land Rover (JLR) is set to wrap up the 600-million ($850 million) three-year Chinese deal it had bagged in February 2009, one year ahead of schedule.
The 182-metre statue of Vallabhbhai Patel will be dedicated to the nation on his birth anniversary in Narmada District of Gujarat.
However, any progress on the deal depends upon Goyal giving up control of the company.
After the latest spike in crude oil prices, petrol prices could potentially go up to around Rs 90 a litre making a dent in the consumer's wallet. This, the analysts fear, will push the cost of vehicle ownership in the country, further reducing the demand potential for the industry.
In a major haul, security forces seized 400 kg of local explosives and over 1,700 detonators during an anti-Naxal operation in poll-bound Jharkhand on Monday.
Dismissing adverse comments on Jaguar and Land Rover (JLR) buy, Ratan Tata on Tuesday said the $2.3-billion acquisition of the iconic brands was 'worthwhile' though the subsequent financial crisis posed challenges.
The exercise part of drive to combine operations under single firm.
The package consists of a three-year committed facility to finance Land Rover's parts and accessories' inventories and receivables in the UK and the US. This is an important element of JLR's working capital financing to cover the key Land Rover parts and accessories' inventories and receivables part of our business, which has a high cash requirement, to function properly.
Squadron Leader Meet Kumar died in the accident. A Court of Inquiry has been ordered.
It said total passenger vehicles sales were 45,380 units, in January 2010, a growth of 76 per cent from the corresponding month last year.
