Trump auto tariffs impact: Tata Motors shares declined 6.31% to Rs 663 during early trading hours on Thursday, following the announcement by US President Donald Trump regarding implementation of 25% tariff on imported cars and light trucks starting next week.The United States of America is a significant market for Jaguar Land Rover, contributing 22% of…
This is an AI-generated image, used for representational purposes only. ICICI Securities has maintained its ‘buy’ rating on Grasim Industries with a target price of Rs 3,093. Analysts said that the management is confident of further ramp-up of its new paint business. Flushed with initial success of product/brand acceptability in the market, Grasim is on…
MUMBAI: Shantanu Naidu, who gained recognition as an assistant to late industrialist Ratan Tata, has transitioned to Tata Motors as general manager for strategic initiatives after spending over six years at Tata Sons. “I remember when my father used to walk home from the Tata Motors plant in his white shirt and navy pants, and…
NEW DELHI: Indian equity markets gained ground on Tuesday, with the BSE Sensex rising by 148.80 points, or 0.19%, at 79,644.95, while the Nifty50 advanced 69.05 points, or 0.29%, at 24,210.35. The upward trend followed a cautious start to the week on Monday when global cues, foreign institutional investor (FII) selling, and muted quarterly earnings…
Stock Market Today: The Indian equity benchmark indices, BSE Sensex and Nifty50, faced significant losses on Tuesday due to a massive outflow of foreign funds from the capital markets and weak global equities.The BSE Sensex dropped 930.55 points or 1.15 per cent to settle at 80,220.72, while the Nifty50 declined 309 points or 1.25 per…
NEW DELHI: After blockbuster post-Covid years, the car industry now stares at a squeeze, with companies slashing wholesales to dealerships as buyers have become cautious and are not willing to spend freely, despite steep discounts.The car industry had enjoyed a housefull at dealerships since the economy started to open up around 2021 after Covid and…
Remembering Ratan Tata and cars close to his heart beyond the Nano Ratan Tata, chairman emeritus of Tata Sons and a stalwart of Indian industry, passed away Wednesday night at the age of 86 at Mumbai’s Breach Candy Hospital. He had been admitted due to age-related health complications and was under intensive care for the…
Among the most audacious projects that Ratan Tata attempted, Nano was perhaps one that was closest to his heart. The car, which was conceptualised by Tata in the early 2000s, was aimed at providing middle-class Indians with a safe, and affordable four-wheeler.“What really motivated me, and sparked a desire to produce such a vehicle, was…
Under Ratan Tata’s leadership, the Tata Group transformed into a global powerhouse. (Image source: Tata.com) Ratan Naval Tata, a titan of industry who never sought the spotlight, passed away on Wednesday night at a Mumbai hospital at the age of 86. Despite his immense influence and control over more than 30 companies operating in over…
Ratan Tata, the former chairman of the Tata Group, passed away at the age of 86, the company announced in a statement on Wednesday. Tata, who had been receiving intensive care treatment in a Mumbai hospital, was remembered as an extraordinary leader whose immeasurable contributions shaped not only the Tata Group but also the nation.Prime…
