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If you noticed a new name on your Tata Motors shares today, you’re not alone. The company is now officially called Tata Motors Passenger Vehicles Ltd (TMPV). The change marks the latest step in Tata Motors’ plan to split its passenger and commercial vehicle businesses into two separate companies. What exactly has changed and why? […]
Shares of Tata Motors fell 7% in seven sessions to touch Rs 679.05 on Monday after falling as much as 2% in intraday trade as investors braced for the company’s high-profile demerger. The automaker is separating its commercial and passenger car businesses this week, a move that is expected to “unlock value” for investors but […]
