Tata Motors News
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56 min ago | Hindustan Times
Consumer 'sentiment' has improved and to tap into this opportunity, car makers are ready with several new launches coupled with attractive deals. If you, too, are contemplating a new car, and an auto loan to go with it, you can approach either a bank or an auto finance company, which is often an arm of the car manufacturer.
7 hrs ago | Forbes.com
This past week has been eventful in the luxury automotive market, with two of the companies in discussion to expand their offerings to relatively uncharted segments, and the third, a notably giant premium carmaker, being slapped with fines for anti-monopolistic policies in China. Luxury vehicle divisions Volkswagen AG 's Audi, Daimler AG 's Mercedes-Benz and Tata Motors 's Jaguar Land Rover faced probes from China's antitrust regulator, due to alleged monopolistic practices of inflating vehicle and spare parts prices, which subsequently prompted these automakers to lower product prices in China last month.
Ratan Tata, chairman emeritus of the $100-billion Tata Group, has made a personal investment in online jewellery store Bluestone.com. Ratan Tata, chairman emeritus of the $100-billion Tata Group, has made a personal investment in online jewellery store Bluestone.com, his second such investment in e-commerce in less than two weeks.
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VEHICLES in India will be fitted with energy-saving devices developed in Notts after an Eastwood transport management solutions firm signed a multi-million-pound contract with India's largest commercial vehicles manufacturer. Microlise will supply Tata Motors with in-vehicle hardware and web-based portals designed to reduce operating costs and environmental impact by maximising vehicle efficiency.
Two employees were injured, one of them seriously, when members of rival groups belonging to TML Driveline Workers' Union, affiliated to Tata Motors subsidiary TML Drivelines, clashed on plant premises on Wednesday morning. The two injured admitted at Tata Motors Hospital were identified as Kamal Sen and S.N. Singh.
We take note of increased activity of equity-linked Indian products trading on offshore exchanges with turnover in index futures, depository receipts and exchange-traded funds linked to Indian equities reaching about $1.6 bn. While India-focused ETFs trade $160m daily, SGX Nifty futures benefit over its domestic counterpart on time, costs and mitigating currency risks.
Demand from a few key sectors such as construction, petrochemicals and oil & gas has driven up demand for more trucks to carry goods across the country. A rise in freight rates, coupled with the scrapping of older trucks, has also led to an increase in fleet utilisation over the last few months.
First, the World Bank Group's International Finance Corporation refused to finance an expansion of the dirty, destructive Tata Mundra coal-fired power plant back in May. Now it seems Indian courts have agreed that the wide-reaching effects of this coal project are too controversial to move forward with the proposed expansion. Last week, the Indian Supreme Court delivered a one-two punch to the Indian coal industry in a series of landmark rulings that further call into question the viability of the nation's faltering coal industry.
The benchmark Sensex today fell 59.23 points to end at 27,026.70, its second straight session of decline after logging new highs earlier this week, on losses in bluechips including HDFC Ltd , ICICI Bank, Hero MotoCorp and Tata Motors amid a weak global trend. Domestic stock markets opened on a better note with the 30-scrip BSE Sensex touching the day's high of 27,178.80 points in early trade.
The gains were broad based as all the ten sectors ended the session in positive.
Updated: Mon Sep 15, 2014 05:35 pm
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