Tata Motors on Saturday, September 28, said it held the groundbreaking ceremony of its new facility that will manufacture cars and SUvs at Panapakkam in Ranipet district, Tamil Nadu. The Tata Motors Group intends to invest 9,000 crore in the greenfield manufacturing facility, which has been designed for an annual production capacity of over 250,000 […]
Tata Motors unit JLR plans to spend £500 million to retool UK plant for Electric SUVs – CNBC TV18
Jaguar Land Rover plans to spend £500 million ($669 million) retooling one of its factories in England that’s poised to start manufacturing electric SUVs. The maker of Range Rover and Land Rover vehicles already has invested £250 million in its Halewood plant, near Liverpool, over the last 12 months. The company said in a statement […]
Tata Power arm partners with Tata Motors to install 200 fast-charging stations for electric CVs – CNBC TV18
Tata Power EV Charging Solutions Ltd on Thursday (September 12) said it has signed a memorandum of understanding (MoU) with Tata Motors Ltd to set up 200 fast-charging stations for electric commercial vehicles across metro cities, including Mumbai, Delhi, Chennai, Bengaluru, and Kolkata. Tata Power EV Charging Solutions Ltd is a subsidiary of Tata Power […]
BMW Guidance Cut: Here is how much Indian Automakers are exposed to the German giant – CNBC TV18
Select Indian automakers and component suppliers are currently under pressure due to the ongoing crisis faced by German automakers BMW and Volkswagen. BMW recently cut its EBIT margin guidance for 2024 to between 6% to 7% from the 8% to 10% range earlier. EBIT margin for the motorcycle segment is also likely to be in […]
Top stock picks | Tata Motors, ONGC, Dixon Tech, Samvardhana Motherson and Bharti Airtel on the radar – CNBC TV18
SUMMARY On Monday, market tech analyst Shrikant Chouhan and F&O analyst Chandan Taparia recommended these stocks for the short term. By CNBCTV18.com August 26, 2024, 9:28:58 AM IST (Published) 1 / 9 Technical analyst Shrikant Chouhan of Kotak Securities, along with Futures and Options analyst Chandan Taparia, Derivative and Technical Analyst at Motilal Oswal Financial Services […]
Tata Motors, Eicher, Maruti Suzuki shares lead losses on the Nifty 50; Here’s why – CNBC TV18
Shares of Tata Motors, Eicher Motors and Maruti Suzuki India are three of the top five losers on the Nifty 50 index, each of them trading with losses between 2.5% to 4% on Friday. Tata Motors reported quarterly results on Thursday evening, where it said that production for Jaguar Land Rover will be constrained in […]
Tata Motors board approves demerger of commercial vehicle business into separate listed entity – CNBC TV18
Auto major Tata Motors Ltd on Thursday (August 1) said its board has approved a composite scheme of arrangement that will result in the demerger of its Commercial Vehicle (CV) business into a separately listed company. Concurrently, Tata Motors Passenger Vehicles (TMPV) will merge with the existing listed company, leading to two distinct publicly traded […]
Trade Setup For August 2: Nifty has more upside in store after crossing 25,000? – CNBC TV18
The inevitable finally happened. After three days of teasing the landmark and making every market participant go into the “Will it? Won’t it?” mode, the Nifty finally scaled the mark of 25,000 on Thursday, thereby starting off the month of August on a positive note. What generally follows an event like this is a sell-off […]
An order from Tata Motors takes shares of this ₹500 crore company up by 10% – CNBC TV18
Shares of auto parts manufacturer Autoline Industries Ltd. surged as much as 11% on Wednesday after the company received an order from Tata Motors Passenger Vehicle Ltd., the value of which was nearly half of its overall market capitalisation. The company said in an exchange filing that Tata Motors Passenger Vehicle has given an order […]