The Indian Navy has signed a contract with Tata Power Strategic Engineering Division for supply of Portable Diver Detection Sonar (PDDS) under the ‘Buy and Make (Indian)’ category, an official said on Thursday. The contract was signed on Wednesday under the ‘Buy and Make (Indian)’ category of the Defence Procurement Policy (DPP). The PDDS would …
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November 16, 2017Tata Motors has launched the automated manual transmission (AMT) version of its compact sedan Tigor priced up to Rs 6.22 lakh (ex-showroom Delhi). The AMT version of the Tigor will be available in two variants – XZA and XTA – with 1.2 litre petrol engine, priced at Rs 5.75 lakh and Rs 6.22 lakh (ex-showroom …
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November 15, 2017Homegrown auto major Tata Motors on Thursday reported a threefold jump in consolidated profit at Rs.2,502 crore in the quarter to September from Rs.848 crore in same quarter last fiscal. Consolidated revenue grew 10.34 per cent to Rs.70,156 crore as against Rs.63,577 crore a year ago, Tata Motors said in a release. The sales (including …
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November 9, 2017Bharti Airtel and Tata on Thursday announced that they have entered into an understanding to merge Consumer Mobile Businesses (CMB) of Tata Teleservices Limited (TTSL) and Tata Teleservices Maharashtra Limited (TTML) into Bharti Airtel. The acquisition is subject to requisite regulatory approvals, the statement said without revealing the acquisition amount. The merger is being done …
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October 12, 2017Accusing the market regulator of “evading investigations” against the Tatas on complaints made by him, BJP leader Subramanian Swamy has asked the Securities and Exchange Board of India (SEBI) to order a “comprehensive” probe, else he would approach the courts for redressal. “It is not for SEBI to rely on self-certification from the companies who …
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October 11, 2017Mumbai Trans Harbour Link project is worth Rs. 18,000 crore
July 19, 2017Tata’s updated price list post the implementation of Goods and Service Tax (GST) shows that the Indian manufacturer does not offer the Quadrajet 90PS diesel option with the Zest anymore. If you recall, the Zest diesel was launched in two state of tunes – the base XE variant had fixed geometry turbocharged engine and produced …
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July 17, 2017Tata Motors-owned Jaguar Land Rover (JLR) on Saturday reported retail sales of 51,591 units for June, up 11 per cent from the same month last year. During the April-June quarter, the company retailed 1,37,463 units, up 3.5 per cent from the same period of last year. “Jaguar Land Rover saw another positive performance in June, led …
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July 8, 2017Prime Minister Narendra Modi on Thursday released the Platinum Jubilee Milestone book on Tata Memorial Centre here, an official said. Addressing the doctors and students Tata Memorial Centre via video conferencing from his residence, Modi hailed the invaluable contribution of Tata family towards humanitarian services and social responsibilities, particularly in the field of cancer cure, …
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May 25, 2017Tata Steel is looking at building a distribution network and its brands in the Business to Consumer (B2C) markets in Bangladesh and Myanmar, a company official said on Saturday. "We have great success in developing brands and distribution network in B2C markets in India. Bangladesh and Myanmar are the two B2C markets which have similar …
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February 18, 2017Ahead of taking charge as the Executive Chairman of Tata Sons from next Tuesday, Natarajan Chandrasekaran on Thursday said he is hopeful to make an impact and a difference. "Well frankly I think it's a very big job but the canvas is large. And a lot of exciting things to do and there are challenges …
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February 16, 2017Tata Sons' ousted Chairman Cyrus Mistry on Thursday approached the New Delhi-based National Company Law Appellate Tribunal (NCLAT) for an injunction against the proposed extra-ordinary general meeting (EGM) of the Tata Group's holding company. The petition moved by Mistry's investment company has been slated to come up for hearing on Friday. The development comes two days after the …
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February 2, 2017Tata Motors has launched the anticipated Tata Hexa at Rs 11.99 lakh (ex-showroom Delhi). Bookings for the Hexa began in November last year and since then it has gained a lot of attention. To an untrained eye, the Hexa looks very similar to the Aria crossover, which the home-grown automaker launched a few years ago. …
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January 18, 2017Tata Motors has launched the anticipated Tata Hexa at Rs 11.99 lakh (ex-showroom Delhi). Bookings for the Hexa began in November last year and since then it has gained a lot of attention. To an untrained eye, the Hexa looks very similar to the Aria crossover, which the home-grown automaker launched a few years ago. …
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January 18, 2017In what could prove to be a crucial week in the ongoing boardroom war between Tata Sons and its ousted Chairman Cyrus Mistry, four listed firms of the group will vote on resolutions to remove him as director from their boards. All eyes will be on the outcome of voting by shareholders of Indian Hotels …
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December 18, 2016