The company is in talks with several banks, including Citibank, to manage the share sale; The last share sale by a Tata firm was in 2004, when TCS floated an IPO
The primary reason is the supply chain bottlenecks arising due to a shortage of semiconductors
JLR, however, said it continues to see strong demand for its products, with global retail orders again setting new records in the quarter
Despite a 0.8 per cent fall in heavyweight Reliance, Bajaj twins, HUL, Asian Paints, Maruti, Titan, Kotak Bank and Nestle led the upmove on the Sensex, moving up to 4.8 per cent higher.
Stocks to Watch Today: Among airline shares, SpiceJet has reported seven aircraft related incidents in the last two months; while IndiGo said has hired over 1,500 cabin crew staff to counter likely at
Tata Motors had challenged the tender Brihanmumbai Electric Supply & Transport awarded to Evey for supplying 2,100 electric buses
The Bombay High Court on Tuesday upheld the decision of the Brihanmumbai Electric Supply and Transport Undertaking to disqualify Tata Motors from a tender bid for operating electric buses in the city
Stock market LIVE updates: As of 7:28 AM, the SGX Nifty Futures quoted 15,881 levels, hinting an upside of 46-odd points on the Nifty50.
Stocks to Watch Today: Shares of metal companies are also to be in focus as copper prices fell to 17-month lows amid new COVID restrictions in China, slowing global manufacturing activity and a jump i
The Indian economy was slightly smaller than the United Kingdom's (UK's), which deprived the former the rank of the fifth-largest economy in the world in 2021. Read more on this in our top headlines
Will look to sell 100K units by next year, said Tata Motors chairman N Chandrasekaran
Tata Motors expects second half of the current fiscal to be better in terms of performance with gradual improvement in the overall supply situation in commodity prices, according to N Chandrasekaran.
Inks partnership with Tata Motors and Tejas Networks, plans innovation centre with TCS
CLOSING BELL: The Nifty IT, Bank, and FMCG indices dropped over 1 per cent each
As part of the partnership, Renesas will also work with Tejas Networks, a Tata Group company, on wireless network solutions including 5G
Stocks to watch today: Akash M Ambani will take over as non-executive director and chairman of the board of directors of Reliance Jio; Tata Motors will hike prices of CVs by 1.5 to 2.5 per cent.
The hike will be across the range of commercial vehicles and the quantum will depend on individual model and variant, Tata Motors said in a regulatory filing.
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Those drops coincide with the rupee touching its lowest against the dollar, making it more expensive for the Indian companies already facing the challenge of higher interest rates
This is the first such incident involving an e-car in India