NEW DELHI: Ratan Tata, chairman emeritus of one of India’s biggest conglomerates Tata Group, died at 86 after prolonged illness. He was admitted to the hospital due to his age and health related medical conditions.Prime Minister Narendra Modi mourned Ratan Tata and called him a visionary business leader, a compassionate soul and an extraordinary human…
Equity benchmark indices opened lower on Wednesday, breaking a two-day winning streak, as selling pressure in Tata Motors and weak trends in Asian markets weighed on sentiment. At 11:00 AM, the BSE Sensex was up 79 points, or 0.10 per cent, at 82,000, while the Nifty50 was at 25,066, lower by 25 points, or 0.1…
Tata Sons, the holding entity of the $410-billion Tata Group, recently sought to voluntarily surrender its certificate of registration to the Reserve Bank of India (RBI) after repaying more than Rs 20,000 crore in debt in a strategic move that allows it to remain an unlisted, closely held company.The company in its annual report said…
Car discounts galore! Car manufacturers and dealers are offering substantial discounts, including cash discounts, exchange bonuses, and additional benefits, even on popular models, in an effort to clear a significant inventory buildup caused by slowing sales. According to trade insiders, major automakers like Maruti Suzuki, Hyundai, Tata Motors, Skoda, and Honda are all providing cash…
Tata Motors today finally launched the much anticipated Tata Curvv.ev coupe SUV in the Indian market. The EV is available in five main variants and two battery packs priced between Rs 17.49 lakh to 21.99 lakh (ex-showroom). The bookings for the coupe will begin from 12th August, interested customers can book it online or by…
Jaguar Land Rover owned by India’s Tata Motors, is set to commence the production of its iconic Range Rover and Range Rover Sport models in India. This marks the first time in the 54-year history of these models that they will be manufactured outside of the UK. Previously, both models were exclusively produced at Jaguar…
NEW DELHI: Tata Motors will manufacture Jaguar Land Rover (JLR) luxury cars at a $1 billion plant that it is planning to build in Tamil Nadu, two sources with direct knowledge of the matter said.The plan would mark the first time that JLR-branded cars would be manufactured from scratch in India. The cars would be…
Reliance Industries (RIL), Tata Motors, and Indian Oil Corporation (IOC) are set to be the primary bidders for the government’s experimental project involving green/grey hydrogen (H2) in the transportation sector. This initiative aligns with the government’s goal to decarbonize the Indian economy, lessen reliance on fossil fuel imports, and position India as a leader in…
