Tata Motors News
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3 hrs ago | TechCrunch
On the heels of Flipkart raising an eye-popping $1 billion , here's one more sign of the landgrab going on in the Indian e-commerce market today.
Tata Motors and Mahindra & Mahindra on Tuesday said that they would challenge the Competition Commission of India's order that imposed huge penalty on auto companies on Tuesday.
India is to be believed, will heave a sigh of relief, with its R2,500 crore penalty on 14 automobile manufacturers including Maruti Suzuki and Tata Motors for indulging in anti-competitive practices in the spare parts market.
With the industry now clocking one-third of its incremental revenue from data services, operators have been urging the govt to sell more 3G airwaves.
Tata Motors is actively working towards regaining their lost market share in India auto industry.
In the first major order against the auto sector, the Competition Commission today slapped a penalty of Rs 2,545 crore on 14 car makers, including Maruti Suzuki and Tata Motors, for violating trade norms in the spare parts and after services market.
In a boost to the long-delayed Navi Mumbai international airport, the Tata Group has evinced interest to invest in the project.
In 2008, Tata Motors showcased the Nano as the world's most affordable car costing $2,500.
Over the course of this year, rumors have been building about Jaguar Land Rover and its parent company, Tata Motors, co-developing vehicles, especially SUVs.
To come out with a barrage of passenger vehicle products with the help of JLR, to phase out some existing cars; looks to change brand perception Tata Motors, which has not launched new products for a while in the passenger vehicle segment barring Zest recently, is readying a product onslaught in order to save the ailing unit.
The ministry, which has floated a tender for six cameras last month - each camera has 32 channels - has already received price quotes.
Summary Some of the flagship listed companies of Tata Group hold significant investments in other group companies and in Tata Sons, the promoter company.
Indian auto maker Tata Motors yesterday introduced its much-publicised Nano brand car to the Bangladesh market, with the expectation of a better reception than its home market.
Updated: Wed Aug 27, 2014 04:36 am
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