Tata Motors is likely to team up with its Italian partner Fiat to develop products jointly.
Tata Motors on Wednesday launched a new version of its multi utility vehicle - Sumo Grande -- priced between Rs 6.55 lakh and 7.49 lakh (Rs 655,000 and Rs 749,000), ex-showroom Delhi.
Tata Motors Managing Director Ravi Kant spoke to reporters on the problems in Singur, the production site for the Nano, soon after announcing the company's quarterly results.
"Like Russia and China, JLR would be exploring the Indian market also. A team will be coming to India to study the market," Tata Motors Managing director Ravi Kant told analysts in a conference call. He, however, said the company was not expecting big numbers from the two brands in India.
Speaking to Business Standard a day after the company announced indifferent results for 2007-08, Kant said this year is going to be the toughest for the auto industry in a long time because of soaring input costs and crude oil prices. But the credit squeeze could have a far-reaching impact on the industry's fortunes.
Just hours after returning to Mumbai, Ravi Kant, managing director, and C Ramakrishnan, CFO of Tata Motors addressed the press on a conference call. Excerpts from the call.
Addition Sessions Judge Rajendra Kumar Shastri had on March 18 held Sharma guilty of hatching the conspiracy to murder Shivani, who had allegedly threaten to expose the suspended IPS officer's alleged involvement in leaking classified documents to her, nine years ago. Three other co-accused -- Sri Bhagwan Sharma, Pradeep Sharma and Satya Prakash -- were also held guilty for executing the suspended police official's plot to kill Shivani.
Tata Motors expressed satisfaction over the progress of land acquisition for its proposed small car plant at Singur and plan to launch the vehicle in 2008 as scheduled.
Automobile major Tata Motors has unveiled Tata Cliffrider, a multi-utility lifestyle vehicle concept, at the 76th Geneva Auto Show.
The Delhi high court on Tuesday allowed the Central Bureau of Investigation and the Enforcement Directorate's pleas seeking an early hearing into the appeals challenging the acquittal of former telecom minister A Raja and others in the 2G spectrum allocation case.
The top slots at three Tata companies -- Tata Motors, Tata Steel and Tata Consultancy Services -- will be up for grabs in two years with incumbents Ravi Kant, B Muthuraman and S Ramadorai due to retire in 2009.
Tata Motors sells Indica and Indigo cars, pick-up trucks and long-haul high capacity trucks that are exported to SA through its subsidiary Tata South Africa.
As it makes inroads into the quality-conscious global markets, Tata Motors on Wednesday said it was in the process of "shrinking" vendor base as part of a "strategy" to rationalise supplier chain.
The change in the way the world views India now is a reflection of how Indian industry has re-engineered itself over the past decade.
Company MD Ravi Kant meets Chief Minister Buddhadeb, discusses plan.
As part of other initiatives to connect with the people, the company is organising special training programmes for women in areas such as tailoring, hand gloves making, garments, food products and handicrafts.
The growing demand for girls in the northern fringes due to declining sex ratio had led to the increasing trafficking of women from the Northeast.
Tata Motors is likely to launch the world's cheapest car as early as January 2008, turning a whole new chapter in the retailing of low cost vehicles.
Tata Motors on Monday said it would spend over Rs 6,000 crore (Rs 60 billion) in its different plant locations in the next five years for development of its products and assets.
Central Zone beat East Zone by 123 runs in their concluding Deodhar Trophy match.
Tata Motors Limited will set up a plant for its ambitious Rs 100,000-car project in West Bengal, chief minister Buddhadev Bhattacharya said on Friday.
Tata Motors has set up a separate team at its plant in Pune to examine ways to cut manufacturing costs on the Nano, the small car scheduled for an October launch, to bring the ex-showroom price down to the psychological Rs 1 lakh mark, managing director Ravi Kant said.
The officials visited the state electricity board and the Kolkata Metropolitan Development Authority to discuss issues like power and water supplies needed for the plant, Industry and Commerce Secretary Sabyasachi Sen told PTI.
Former DMGautam Goswami, evading arrest in the multi-crore flood relief scam, on Friday withdrew his resignation from the Indian Administrative Service even as Governor Buta Singh said the process for his dismissal had already been set in motion.
Tata Motors, whose proposed people's car project in West Bengal has run into land acquisition problems, on Wednesday virtually set an end-of-the-year deadline for taking possession of the site at Singur.
Tata Motors said on Thursday it will invest Rs 10,000 to Rs 12,000 crore (Rs 100 billion Rs 120 billion) in India over the next three to four years and was looking at Russia and China for vehicle sales and component sourcing.
Nalanda Superintendent of Police A K Ambedkar said Ravi Kant was let off by his captors at Biawan village under the Nagarnausa police station late on Friday night.
Ravi Kant, a student of Class IX in DAV Public School in Biharsharif town in Nalanda district, was kidnapped when he was going to board the school bus on Monday.
Charges of murder, criminal conspiracy, destruction of evidence and misappropriation of property to be framed against the senior IPS official, the main accused in the Shivani Bhatnagar murder case.
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