The Board of Directors of Tata Motors Limited has approved the proposal of demerger of Tata Motors Ltd into two separate listed companies housing A) the Commercial Vehicles business and its related investments in one entity and B) the Passenger Vehicles businesses including PV, EV, JLR and its related investments in another entity. The demerger […]
Ex-Tata Motors’ President Gajendra Chandel invests in Jaipur based Escooter startup BattRE.
Tata Motors, one of the largest automobile makers in India has announced that the company has decided to halt manufacturing operations in Thailand, citing viability issues. However, the company would continue to sell vehicles in the country through the medium of imports. Tata Motors has undertaken a reassessment of its business model in Thailand to […]
The popular cab aggregators, Ola and Uber have withdrawn a substantial number of orders of around 2.7 lakh vehicles from the largest automobile maker Tata Motors. These companies that have been a valuable player in the ride-hailing space, obtain cars from automakers to make it available for the cab drivers on installments, but now it […]
India’s biggest automobile company Tata Motors acquired 26% stakes in a tech-based freight aggregator TruckEasy. This is the first investment in a startup being done through Tata Motors Finance Holdings, a wholly-owned subsidiary of Tata Motors. However, the company did not disclose the amount. The Bengaluru based startup Truckeasy will use this investment to expand its footprint in […]
Electric Utility Company Tata Power Ltd. has partnered with Tata Motors Ltd. to make Maharashtra electric vehicle ready, a move that will focus on establishing charging stations in the state for public use. The company has signed a MoU with the state to support the Maharashtra Electric Vehicle Policy (2018) in accelerating the adoption of […]
Securities and Exchange Board of India (SEBI) announced on Tuesday that it expects Tata Motors Ltd to investigate on the leak of financial results for the quarter end (October-December) 2015 on Whatsapp ahead of its official release. Tata Motors is expected to complete the probe within three months and submit a report to SEBI within […]
Tata Motors raises Rs 1120 crore order from Energy Efficiency Services Ltd (EESL) for procuring 10,000 electric cars, which will replace diesel and petrol cars used by government and its departments, an effort to cut fuel consumption and reduce pollution. Tata Motors will supply the electric vehicles (EVs) in two phases– 500 e-cars in the […]
Days after ousted Tata Sons chairman Cyrus Mistry blamed Nano for bleeding Tata Motors, the company today said it has significantly written off development cost and investments related to the car and is now refocusing its strategy on “growing and attractive segments” of the passenger vehicles market. The company, however, refuted Mistry’s allegations that another […]
Tata Motors today said Argentine superstar Lionel Messi‘s decision to retire from international football will not affect his association with the company as its global brand ambassador. Messi sensationally announced his retirement today from international football after Argentina crashed to defeat against Chile in the Copa America Centenario final. “This does not change our association […]
Tork Motors raises undisclosed investment from the Tata motors group Ratan Tata.
Walmart group looking to invest up to $25 billion in a super app that will be hosted under a Tata Sons unit.