Tata Motors signs MoU to set up ₹9,000-cr plant in Tamil Nadu
The MoU envisages an investment of around ₹9,000 crore over five years.
The MoU envisages an investment of around ₹9,000 crore over five years.
After gaining nearly 40% in the last six sessions, Tata Chemicals declined 10.3% on Monday; Tata Motors, Tata Power, Tata Investment Corp fell up to 5%.
The company has attributed the price hike to offset the residual impact of the past input costs.
The proposed structure would enable optimising synergies across Tata Motors’ passenger vehicles and EV businesses in India and JLR, says Moody’s.
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.
Premium positioning in a booming car market and a superior management structure make Landmark Cars — The Next 500 topper — a cut above the rest in a low-margin dealership business.
While there are limited synergies between CV and PV businesses, there are considerable synergies to be harnessed across PV, EV and JLR, says Tata Motors
Company rises 15 ranks, cashes in on increasing commercial vehicle sales, new contracts.
Tata Motors registers 20% rose in domestic passenger vehicle sales
Tata Group has taken bets for the future, says N Chandrasekaran.