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? […]
Tata Motors Ltd said on Thursday its commercial vehicle unit, TML Commercial Vehicles Ltd, will be renamed Tata Motors Limited, as part of a wider restructuring under a deal involving its key automotive divisions. The company informed the stock exchanges that Tata Motors Limited, the existing listed entity, will change its name to Tata Motors […]
Shares of Tata Motors continued their downward trajectory on Thursday, falling for the fifth straight session ahead of the company’s crucial record demerger date on October 14. The stock has corrected 9.5% in the last five trading days to hit a low of Rs 669 on the BSE as investors brace for operational and structural […]