Latest Updates Around The World
Ford Motor Company has agreed to invest Rs 3,250 crore to produce all-new next-generation engines at its shuttered plant in Tamil Nadu, reviving long-standing plans to revamp manufacturing operations at the plant after more than three years. The Maraimalai Nagar plant near Chennai is expected to start operations in 2029 with an annual capacity of […]
Ford Motor Co. plans to invest about Rs 3,250 crore ($370 million) in India to produce new engines, a person familiar with the matter said, as the US automaker revives a factory it closed four years ago. The Maraimalai Nagar manufacturing site in the southern Indian state of Tamil Nadu will be converted to make […]
Indian auto giant Tata Motors has fixed a series of security flaws that exposed sensitive internal data, including customer personal information, company reports and data related to its dealerships. Security researcher Eaton Zveare told TechCrunch that he discovered the flaws in Tata Motors’ software. E-Dukean unit, an e-commerce portal for purchasing spare parts for Tata […]
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? […]
Ratings agency S&P Global on Thursday downgraded its outlook for India’s Tata Motors Passenger Vehicles to “negative”, citing a “slow recovery” of the carmaker’s core Jaguar Land Rover (JLR) unit, which was hit by a cyber attack early last month. The cyber incident at the British JLR, the cash cow unit of Tata Motors, led […]
India’s automotive sector recorded 30 transactions worth $4.6 billion in the September quarter, the strongest in more than a year, boosted by Tata Motors’ $3.8 billion acquisition of Iveco SPA, Grant Thornton Bharat said on Wednesday. Excluding the Tata Motors-Iveco deal, values ​​fell 36 percent in the June quarter, indicating that big strategic bets continue […]
As consumers finish their last festive shopping on Sunday, companies selling clothing to smartphones, white goods and cars estimate up to 50% more sales between Navratri and Diwali this year than last year. For auto and electronics manufacturers, growth this season is the fastest in more than a decade. Industry executives attributed this increase in […]
Auto exports from India rose 26 percent year-on-year in the September quarter, driven by the highest ever deliveries of passenger cars, two-wheelers and three-wheelers during the period, according to the latest data released by industry body SIAM. Passenger car exports grew 23 percent to 2,41,554 units in the September quarter, compared to 1,96,196 units in […]
Shares of HDB Financial Services are expected to be in the spotlight on Thursday, October 16, after the company reported a 2% year-on-year (year-on-year) increase in net profit for the July-September quarter. The company posted a profit after tax (PAT) of Rs 581 crore in Q2FY26, compared to Rs 571 crore in the corresponding period […]
The much-awaited demerger of Tata Motors has put the spotlight on its recently demerged commercial vehicle business, valued at around Rs 260.75 per share. This estimate is based on the pre-split closing price of Rs 660.75 and the post-split opening level of Rs 400 for the parent company, now renamed Tata Motors Passenger Vehicles Ltd […]
