Ramkrishna Forgings wins deal to supply auto components to Tesla
Ramkrishna Forgings expects the EV segment to contribute 6% to the company's consolidated revenue
Ramkrishna Forgings expects the EV segment to contribute 6% to the company's consolidated revenue
The proposed structure would enable optimising synergies across Tata Motors’ passenger vehicles and EV businesses in India and JLR, says Moody’s.
One old vehicle pollutes as much as 50 new vehicles, says Willard Cutler
Reacting to the demerger plan, shares of Tata Motors gained as much as 4.5% to scale a new peak of ₹1,031.70 on the BSE.
Tata Motors registers 20% rose in domestic passenger vehicle sales
The auto major’s profit and revenue grew 37% and 30%, respectively, in Q3 FY24, driven by strong growth in operating profit and surge in volume.
SUVs in particular saw strong demand, with extended waiting periods for key models.
The auto major has received NoC from the BSE and NSE for the conversion of its differential voting rights (DVRs) shares to ordinary shares.
Strong growth prospects should produce a sustained increase in car sales to 6 million by the end of the decade, says Moody's
The three-day IPO of ASK Automotive, which is completely an offer for sale, will open today and close on November 9.