Latest Updates Around The World
French multinational BNP Paribas on Tuesday bought over 35.43 lakh shares in Tata Motors Limited (Tata Motors Commercial Vehicle) through a block deal. In the deal worth Rs 152 crore, the seller was Goldman Sachs.BNP Paribas bought these shares at a price of Rs 429.3 each through its subsidiary BNP Paribas Financial Markets. It was […]
Tata Motors is moving quickly to capitalize on a sharp upturn in the Indian commercial vehicle market, fueled by the recent rationalization of GST 2.0 rates. Riding this momentum, the country’s largest commercial vehicle maker is rolling out an extensive range of trucks, comprising electric and combustion engine models, in a bid to strengthen its […]
Shares of Tata Motors Passenger Vehicle fell as much as 4.5% to the day’s low of Rs 338 on the BSE on Monday after US President Donald Trump threatened to impose new additional tariffs of 10% on several European countries until the US is allowed to buy Greenland. The development is particularly important for Tata […]
As the Union Budget 2026 approaches, Tata Motors has urged the government to consider targeted fiscal support for entry-level electric vehicles (EVs) and extend incentives to EVs used in the fleet segment under the PM E-DRIVE programme, citing increasing pressure on affordability at the lower end of the EV market.In an interaction with PTI, Shailesh […]
New Delhi: The Indian capital is experimenting with retrofitting electric vehicles, but the country’s carmakers are not convinced. The recent announcement by the Delhi government of incentives to encourage the adoption of electric vehicles (EV) has opened a can of worms for the Indian auto industry, with major automakers expressing strong reservations, even as startups […]
New Delhi: Passenger car sales in India are expected to grow by around 10 per cent by 2026, adding to the momentum of GST rate cuts, with SUVs likely to see accelerated demand, said Tata Motors Passenger Vehicles (TMPV) MD and CEO Shailesh Chandra. The company, which on Tuesday launched the updated version of its […]
Mumbai: Mahindra & Mahindra (M&M) will finalize the site for the proposed greenfield manufacturing plant within the next six months, a top company executive told ET. The move comes amid plans to expand UV capacity to cross the one million unit mark in FY26-27.“We have to close this down for the next six months,” said […]
Tata Motors will launch the Tata Punch 2026 in the Indian market on January 13, marking the micro SUV’s first major facelift since its debut. The updated Punch brings exterior and interior revisions, new features and an additional engine option. Pre-bookings are expected to open soon, with customer deliveries likely to begin by the end […]
New Delhi: The government should soon come out with the final notification for the next phase of India’s Corporate Average Fuel Efficiency norms so that the industry can prepare accordingly, a senior executive at Toyota Kirloskar Motor said.The government last year released draft rules for the latest Corporate Average Fuel Efficiency (CAFE) standards, which will […]
New Delhi: The share of hatchbacks in India’s car sales rose last quarter, ending a decline that started during Covid, and industry experts said data from the next three months would indicate whether there is a sustainable turnaround.Sales volume of hatchbacks such as Maruti Suzuki Alto, Tata Altroz and Hyundai i20 rose by around 20% […]
