All posts tagged: tata motors

Tata Motors aims for over 20% PV market share by 2030, hints Chairman N Chandrasekaran

Tata Motors aims for over 20% PV market share by 2030, hints Chairman N Chandrasekaran

Published by Parlour News

Tata Motors is aiming for significant growth in the Indian passenger vehicle market. The carmaker is aiming for a 20% market share in the segment as the Indian passenger vehicle market is poised to see 60 lakh cars being sold across the country by 2030, hinted the company’s Chairman N Chandrasekaran. At the Tata Motors Passenger Vehicles (TMPV) dealer business planning meet 2026, Chandrasekaran also said that the company has already committed significant capital investment of ₹35,000 crore by 2030 and will recalibrate the plan. Tata Motors held 13.48% market share in the Indian passenger vehicle market in FY26, and now the company aims to take it over 20% by 2030. Tata Motors is currently the second top player in the Indian passenger vehicle market, right next to the country’s biggest carmaker in terms of volumes, Maruti Suzuki. In FY2026, Tata Motors held a 13.48% market share in the overall Indian domestic passenger vehicle market, selling 631,387 units. In the fast-growing electric vehicle segment, Tata maintained its dominance with a 40.2% overall market share. Now, …

Why Your Internet and Next Car Price Now Depend on This 21-Mile Strait

Why Your Internet and Next Car Price Now Depend on This 21-Mile Strait

Published by Parlour News

The Iran versus US and Israel war has drawn fresh attention to the Strait of Hormuz, not just as a vital oil artery, but as a potential “digital chokepoint” that could disrupt global internet infrastructure. Iran last week warned that submarine cables running through the strait remain exposed, raising concerns about risks to critical digital systems linking Asia, the Gulf and Europe, news agency Reuters reported. Subsea fibre-optic cables carry roughly 99 per cent of global internet traffic, according to the International Telecommunication Union (ITU), making them essential for telecommunications, cloud services and financial systems. “Damaged cables mean the internet slowing down or outages, e-commerce disruptions, delayed financial transactions … and economic fallout from all of these disruptions,” geopolitical analyst Masha Kotkin was quoted as saying. Key global data routes pass through the Gulf Several major cable systems pass through the Strait of Hormuz, including: Asia-Africa-Europe 1 (AAE-1) linking Southeast Asia to Europe. FALCON network connecting India and Sri Lanka to the Gulf and African markets. Gulf Bridge International system linking Gulf countries, including Iran. …

Tata Motors takes an 8% hit after luxury arm JLR pauses exports to US

Tata Motors takes an 8% hit after luxury arm JLR pauses exports to US

Published by Parlour News

Apr 07, 2025 10:02 AM IST The United States is the second-biggest importer of British-made cars after the European Union, with nearly a 20% share, data from industry body SMMT shows. Shares of Indian automaker Tata Motors sank 8% on Monday after Jaguar Land Rover (JLR), which makes luxury cars, paused exports of its British-made cars to the U.S. following President Donald Trump’s 25% tariff came into effect. Jaguar and Land Rover, the British vehicle-brand logos of Indian-owned Tata Motors, are displayed in front of their showroom in New Delhi, India.(REUTERS) The slide on the day takes the stock’s tumble to 20% since Trump announced the import duties on March 26. In that period the benchmark Nifty 50 has dropped 6%, including a 4% slump on the day. The United States is the second-biggest importer of British-made cars after the European Union, with nearly a 20% share, data from industry body SMMT shows. The U.S. was one of JLR’s only growth markets last year and accounts for more than a quarter of its global sales …

Tata Capital to file draft IPO papers after NCLT nod on merger with Tata Motors Fin | Business News

Tata Capital to file draft IPO papers after NCLT nod on merger with Tata Motors Fin | Business News

Published by Parlour News

Financial services firm Tata Capital is likely to file preliminary papers with markets regulator Sebi to raise USD 2 billion (over Rs 17,000 crore) through an initial public offering (IPO) only after getting final approval from the NCLT for Tata Motors Finance merger with the company, according to sources. At this size, the company is expected to be valued at around USD 11 billion, they said. The final order is awaited from the National Company Law Tribunal (NCLT), which is expected to be closed by the end of this financial year (FY25), sources said. Story continues below this ad An email sent to Tata Capital regarding the filing of draft papers remained unanswered. Tata Capital, identified as an upper-layer non-banking finance company (NBFC) by the Reserve Bank of India (RBI), already received its board approval to float the initial share sale. The proposed IPO would comprise 2.3 crore equity shares by way of a fresh issue and an offer of sale (OFS) by certain existing shareholders, according to a disclosure made to stock exchanges. Apart …

Ratan Tata’s millennial friend Shantanu Naidu embarks on new journey with top role at Tata Motors – India TV

Ratan Tata’s millennial friend Shantanu Naidu embarks on new journey with top role at Tata Motors – India TV

Published by Webster

Image Source : INSTAGRAM Ratan Tata and Shantanu Naidu In a heartwarming announcement, Shantanu Naidu, the close confidant and manager of the late industrialist Ratan Tata, shared an emotional update on LinkedIn about his new role at Tata Motors. Naidu, who had been described as Ratan Tata’s “shadow” in his final years, expressed his excitement about stepping into the position of General Manager, Head of Strategic Initiatives at Tata Motors, a company that holds deep personal significance for him. Reflecting on his connection to Tata Motors, Naidu shared a touching memory from his childhood: “I remember when my father used to walk home from the Tata Motors plant, in his white shirt and navy pants, and I would wait for him in the window. It comes full circle now.” Along with his heartfelt words, he posted a photo of himself with the iconic Tata Nano, a car that symbolizes Ratan Tata’s vision for affordable mobility in India. This new chapter in Naidu’s life is deeply emotional, as it marks the continuation of his professional journey …

Tata Tigor EV XE Features, Price in India, and More Details Explained

Tata Tigor EV XE Features, Price in India, and More Details Explained

Published by Webster

Tata Tigor EV XE is a compact electric sedan designed for urban commuters seeking an eco-friendly, comfortable ride. Its design and features focus on city driving, offering a smooth driving experience while being environmentally conscious. This electric sedan offers several key features that cater to the demands of today’s customers who prioritise comfort and sustainability in their vehicles. Tata Tigor EV XE Price in India Priced at Rs. 13.94 lakh, the Tata Tigor EV XE is competitively placed in the electric vehicle market. Its features and eco-friendly design appeal to buyers looking for a stylish yet budget-friendly option. Tata Tigor EV XE Specifications The Tata Tigor EV XE is powered by an efficient electric motor, offering a seamless drive. The car measures 3993 mm in length, 1677 mm in width, and 1532 mm in height, providing a spacious interior. It sits on a 2450 mm wheelbase, ensuring stability during travel. With a ground clearance of 172 mm and a kerb weight of 1235 kg, the car handles well on a variety of roads. It comes …

From Top Industrialists And Politicians To Movie Stars: List Of People Attending Last Rites For Ratan Tata

From Top Industrialists And Politicians To Movie Stars: List Of People Attending Last Rites For Ratan Tata

Published by Webster

Last Updated: October 10, 2024, 10:01 IST Ratan Tata will be remembered as a national icon. (PTI Photo) Ratan Tata, former chairman of Tata Group, has passed away at 86. A visionary leader, he transformed India’s industry and made significant global deals As the world reflects on the loss of industrialist Ratan Tata, the last rites of the former chairman of Tata Group will be held at Mumbai’s Worli crematorium on Thursday, with full state honours. The ceremony will take place a day after the revered industrialist died at 86. “It is with a profound sense of loss that we bid farewell to Mr Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation,” said the statement issued Wednesday. Here is the list of people attending Ratan Tata’s last rites: Industrial Leaders Mukesh Ambani & Anant Ambani (Reliance Industries) N. R. Narayana Murthy (Infosys) Kumar Mangalam Birla (Aditya Birla Group) Shashikant Das (RBI Governor) Kishore Damani ⁠Vedanta Group ⁠Jindal Group …

India Inc loses its crown jewel — Ratan Tata | Latest News India

India Inc loses its crown jewel — Ratan Tata | Latest News India

Published by Parlour News

Ratan Naval Tata, the former Tata Group chairman who transformed a legacy Indian business house into a global salt-to-software conglomerate and became the face of the resurgent Indian economy in the new millennium, died in a Mumbai hospital late on Wednesday. He was 86. Ratan Naval Tata, the former Tata Group chairman who transformed a legacy Indian business house into a global salt-to-software conglomerate and became the face of the resurgent Indian economy in the new millennium, died in a Mumbai hospital late on Wednesday. He was 86. (HT Archive) Tata, who undertook a string of high-profile acquisitions during his 20-odd years at the helm of the respected group and ensured the Tata brand being stamped on global icons such as Tetley or Jaguar, was also known for his philanthropic work. “It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation,” Tata group chairman N Chandrasekaran …

Tata Motors To Build Rs 9000-Crore Vehicle Manufacturing Plant In Tamil Nadu

Published by Webster

The company said that the move can potentially create up to 5,000 jobs. Chennai: Tata Motors, India’s largest automobile company, on Wednesday signed a Memorandum of Understanding (MoU) with the government of Tamil Nadu to explore setting-up of a vehicle manufacturing facility in the state. According to the MoU, the company will invest 9000 crore rupees to establish the plant in Tamil Nadu over the next five year. The company said that the move can potentially create up to 5,000 jobs direct and indirect in the state. The MoU was exchanged in the presence of Tamil Nadu Chief Minister M K Stalin and Industries Minister T R B Rajaa. Announcing the pact on X, formerly Twitter, Tamil Nadu Chief Minister MK Stalin said that the landmark move further solidifies its position as the unrivaled automobile capital of India, reminiscent of the transformative impact of Hyundai’s investment during Kalaignar’s tenure. In a landmark move, @TataMotors has inked an MoU with the Government of Tamil Nadu to establish a vehicle manufacturing facility, investing Rs. 9000 crores and …

Tata Motors zooms 7% after 137% surge in Q3 profit reported

Published by Parlour News

Shares of Tata Motors, India’s most valuable carmaker, hit a record high on Monday, rising as much as 7.2%, after it reported a more than two-fold increase in third-quarter profit, driven by strong sales in its British luxury car unit, Jaguar Land Rover (JLR). Tata Motors Q3 results: A Tata Motors logo is pictured outside the company showroom in Mumbai, India.(Reuters) The stock, currently up 6.5%, is leading the Nifty Auto index and among top gainers on the blue-chip Nifty 50 Index, which are up 1.88% and 0.39%, respectively. Discover the thrill of cricket like never before, exclusively on HT. Explore now! JLR, which accounts for two-thirds of its parent’s revenue, posted a 22% uptick in revenue during the quarter. Despite global demand being a concern, with JLR’s strong order book, Tata Motors is on track to report strong margins for the current year, said analysts at Elara Capital. The brokerage also upgraded the stock to “accumulate” from “buy”. Jefferies analysts said JLR is set to benefit from the recent ramp-up and capacity expansion of …