The Indian car market was on a record nine months decline till July and sales picked up only in August and September.
Unlikely to follow Pune model where a bifurcated package had a portion of pay linked to performance
The car so far known by the code name 'Kite' will be a hatchback.
Mega Corporation, a Delhi-based radio-call car rental company, on Monday said it has placed an order for 1,000 Indigo Marina cars with Tata Motors to expand its fleet in Delhi, Chandigarh and Mumbai.
For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way
The November 5 US presidential elections, Federal Reserve interest rate decision, trading activity of foreign investors, and the upcoming quarterly earnings from domestic firms are the major triggers that would influence sentiments in the equity market this week, analysts said. In an eventful week ahead, a host of macroeconomic data announcements and global trends would also drive the markets, experts said. "The upcoming week is poised to be eventful on the global front.
Manu Bhaker is on a three-month break from shooting following her triumphant campaign at the Paris Games.
From the 30 Sensex firms, IndusInd Bank, Asian Paints, Hindustan Unilever, Tata Motors, Tata Steel, Titan, Reliance Industries and NTPC were among the major laggards. Tech Mahindra, Mahindra & Mahindra, Kotak Mahindra Bank, Infosys, HCL Technologies and State Bank of India were among the major gainers.
'IndiGo's position in this argument will depend on whether it has registered '6e' as a trademark.'
Late Ratan Tata always ensured employees are taken care of along with the well-being of their families across the Tata Group companies, which shaped a number of leaders across the conglomerate, and there really was no one like him, Tata Sons chairman N Chandrasekaran said on Monday. Recollecting his association with Tata (86) who passed away last week, in a post on networking platform LinkedIn, he wrote, "Anybody who met Mr Tata came away with a story about his humanity, warmth, and dreams for India. "There really was no one like him."
Auto majors report positive sales figs for November.
Six establishments -- including Tata Motors -- have been selected as the best employers by the Central Board of Trustees of Employees Provident Fund Organisation.
The company's domestic market share is down to low single digits from nearly 15 per cent a decade ago and its bread-and-butter commercial vehicle business faces a slowdown as well as intense competition.
Homegrown auto major Tata Motors on Wednesday unveiled a concept compact sports utility vehicle Nexon along with another concept car ConnectNext.
Tata Motors Ltd on Monday reported a 4.2 per cent decline in total sales, including exports, at 23,889 vehicles in April 2005 compared to 24,961 vehicles sold in April 2004.\n\n
However, the IT firms will get some benefits, as software exports from their Chinese campuses will yield more in local currency
Home grown auto major Tata Motors on Friday reported a 45 per cent jump in total vehicle sales at 44,357 units in May this year as against 30,593 units in the same month last year.
The curious case is of Honda, which has moved up the pecking order while actually losing market share!
Tata Motors said on Friday it has bagged the order for supplying 500 non-AC state-of-the-art low-floor CNG buses from Delhi Transport Corporation.
Tata Motors will launch a diesel-powered version of its ultra-cheap Nano by the end of March 2014, its managing director said, hoping to kick-start demand for the model after years of disappointing sales.
The company had got 100,000 bookings in the first phase.
The company has raised the rates of its utility vehicles Sumo and Grande MK II by Rs 7,800-Rs 10,300.
Deep in Tata Motors' largest factory, engineers don 3D glasses to play with car designs and prototypes projected from a 10-metre wide computer screen. Their quest? The automaker's next blockbuster car model.
The Punch.ev achieved the highest score point ever recorded by any vehicle to date, scoring 31.46 out of 32 for adult occupant protection and 45 out of 49 for child occupant protection.
Tata Motors Ltd has posted a 57.7 per cent rise in total vehicle sales at 24,961 units, including exports, in April 2004 over 15,829 vehicles sold in the corresponding period last year.
Chinese blast has Tata Motors reporting Rs 430 cr net loss.
Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.
Tech giant Microsoft regained the top spot in the list of best employers to work for in India in 2024, followed by Tata Consultancy Services (TCS) and Amazon, according to a Randstad Employer Brand Research report released on Wednesday. Microsoft had topped the list in 2022, but slipped to fifth in 2023. The 2024 list is based on responses from 3,507 people.
Post the transaction, Tata Motors will own 40 per cent stake in Telcon, while Hitachi will have 60 per cent, the company said.
The land taken by Tata Motors at Singur for the erstwhile Nano car factory, and by the many companies who invested there to be vendors to the project, isn't set to change hands anytime soon.Tata and the vendors both say they plan to hold on to the lease titles, even as Trinamool Congress chief and Union railway minister Mamata Banerjee and the West Bengal government continue with their political posturing over a plan for a rail coach factory at the location.
The company, which on Wednesday launched its compact sedan Zest in the NCR, priced between Rs 464,000 and Rs 699,000 (ex-showroom Delhi), is also working to upgrade its sales and service network.
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.
Tata Motors on Friday reported an 84 per cent jump in its global sales at 74,707 units for December 2008, compared to the corresponding month in 2008. The company also posted 137 per cent surge in the sale of its commercial vehicles at 37,326 units in December 2009, it said in a statement. During the month under review, it sold 16,247 units of passenger vehicles, up by 53 per cent, against the same month previous year, it added.
In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).
If the UK government's help does not come soon, Indian owner Tata Motors will have to cut down its investment plans for Jaguar Land Rover with possible job losses and plant closures, a media report said.
The workers, however, said there was no plan to join back as of now.
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