However, any progress on the deal depends upon Goyal giving up control of the company.
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 branding exercise is estimated cost Rs 100-200 crore to the Tata Group.
The biggest spender was Tata Motors, with Rs 4,224.6 crore assigned under the R&D head.
The company has also been exploring the possibility of opening a factory in Mexico.
The price of the new Sumo will be between Rs 650,000 and Rs 10 lakh.
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.
Slym, 51, died after falling from a high floor of the hotel in Yannawa district, Bangkok.
JLR is developing its own autonomous car technologies, which could one day trickle into Tata's more affordable people carriers.
Tata Motors reported a 25.47 per cent decline in its net profit.
Prime Minister Narendra Modi on Friday met Queen Elizabeth II over lunch for the first time during his much-anticipated visit to the UK.
From Audi A8 to Honda Civic, here's what the auto industry has lined up in 2019.
The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail
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.
Homegrown auto major Tata Motors on Monday reported an almost three-fold increase in consolidated net profit to Rs 4,804.80 crore (Rs 48.04 billion), driven by its British arm Jaguar Land Rover.
'The coronavirus epidemic highlights the need to start thinking more actively about multilateral coordination, including, but not confined to, health emergencies and climate uncertainties,' says Rathin Roy.
A hike in cess on luxury cars will not only hinder Jaguar Land Rover's network expansion but also prevent it from introducing new technologies in India, JLR India managing director Rohit Suri tells Shubham Parashar in an interview.
After the Patna high court granted bail to Rocky Yadav in the infamous Gaya road rage case, the victim's family expresses their anguish.
Around 8 out of every 10 cars manufactured in the UK is now exported, bound for one of 160 markets worldwide
Consolidated net sales during the quarter this year increased by 8.03 per cent.
In the domestic market, the Tata Group has lost ground in the passenger car business.
Audi's 2015 sales were three per cent higher than its 2014 sales, which stood at 10,851 units.
Tata Motors Chairman Cyrus Mistry said the company was poised for an 'inflection', even as it revamped its entire product portfolio.
Sensex ends in green on boost from bluechip stocks.
There's a car and bike to match every personality and every budget in 2018, say P Tharyan and Joshua David Luther
JLR, Tata Steel Europe CEOs caution staff on high risks of leaving the EU
Kant, an alumnus of IIT-Kharagpur, was managing director of the company before being promoted as vice-chairman five years ago.
How the XUV300's suspension, plastics and interiors hold out in Indian conditions after a couple of years will be the litmus test for its success in the long term, but for now, this SUV delivers, says Pavan Lall.
According to experts, Tata Tiago JTP and Tigor JTP -- a sedan and hatchback -- are not only powerful and faster than every other car in the segment, but also in the segment above, including their peers Maruti Baleno RS, Volkswagen Polo and others.
'Hello Namaste' has been described as a "festive upbeat Hinglish" number which highlights the UK-India friendship.
The challenges of transition to stricter emission norm BS-VI from BS-IV and compliance to new safety norms thereby making vehicles costlier are lurking around the sector.
Chinese blast has Tata Motors reporting Rs 430 cr net loss.
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
Shouting slogans, BJP leaders and workers -- including Prem Kumar, who is the leader of opposition in Bihar assembly -- took to the streets, demanding arrest of Rocky.
The NSE Nifty after shuttling between 10,397.60 and 10,279.35 points, ended 47 points, or 0.45 per cent lower at 10,301.05.
He was accorded a hero's welcome by supporters of his parents.
The Argentinian becomes the first brand ambassador of the company in its 70-year history.
Banking stocks dipped with Nifty PSU Bank index falling 1.7% after the government notified the ordinance that seeks to tackle non-performing loans in the sector.
RIL is also more profitable than Tata Motors.
Tata Consultancy Services, the $73 billion IT group, is India's biggest company by market value and four times the size of any other listed Tata entity