Page 12 - Tata Motors

Govt orders independent enquiry into Tata Nexon EV fire incident

The government has ordered an independent enquiry into a Nexon electric vehicle catching fire in Mumbai, a senior Road Transport and Highways ministry official said on Thursday. "We have ordered an independent enquiry to investigate the Nexon EV fire incident," the official told PTI. The Centre for Fire Explosive and Environment Safety (CFEES), Indian Institute of Science (IISc) and Naval Science & Technological Laboratory (NSTL), Visakhapatnam have been asked to probe the circumstances that led to the incident and also suggest remedial measures, the official added. Tata Motors said it is also investigating the incident of its Nexon EV catching fire in Mumbai. Responding to the incident that has been widely shared on social media, Tata Motors in a statement on Thursday said, "A detailed investigation is currently being conducted to ascertain the facts of the recent isolated thermal incident that is doing the rounds on social media." Further, it said, "We will share a detailed ...

Top headlines: TaMo's EV catches fire; Raut says Sena ready to leave MVA

Business Standard brings you the top headlines on Thursday

Tata Group stocks: Tata Motors, Tata Elxsi can rally up to 14%, show charts

Among other Tata Group stocks, Tata Steel, Tata Power and Titan look weak on the charts, and are likely to see more downside.

Sensex ends volatile day 135 pts lower, Nifty below 15,300; Titan drops 6%

CLOSING BELL: Bajaj twins, Coal India, JSW Steel, Apollo Hospitals, ITC, ICICI Bank, RIL, and HDFC Bank were the top Nifty gainers, rising between 0.8 per cent and 3 per cent

China lockdowns, chip crisis cloud JLR sales outlook for FY23: Tata Motors

Semiconductor shortage has 'disproportionately adverse impact' on UK subsidiary, says Indian company in annual report

'Be careful': Sebi lets off Tata Motors with warning in 18-year old case

Sebi has let off Tata Motors with a warning to be "more careful" in its future dealings in the securities market, saying any orders passed at this stage may not practically serve any purpose

Stocks to Watch: Banks, Tata Motors, Airtel, Maruti, IDBI, Adani group

Stocks to Watch today: Tata Motors signed the biggest-ever EV fleet order in India with the largest fully-electric ride-hailing service firm - BluSmart Mobility for delivering 10,000 Xpres-T EVs.

Tata Motors to supply 10K Xpres-Ts in largest-ever EV fleet order

Comes close on the heels of order signed with BluSmart for 3,500 Xpres-Ts

Tata Motors to supply 10,000 XPRES-T EV units to BluSmart Electric Mobility

The deployment of 10,000 units makes this the biggest ever EV fleet order in India

Tata Motors to strengthen R&D capabilities with fresh hiring this year

Tata Motors is gearing up to strengthen its R&D with fresh hiring as well as upskilling of the current employees this fiscal year in order to scale up capabilities across various business verticals, including the electric vehicle segment, as per a top company official. In the EV space, the company is looking to enhance its expertise in the area of battery packs and vehicle architecture, among others. "As far as hiring in R&D is concerned we are going for major hiring, especially this year, but there is also another area which we have looked into very deeply and that is upskilling the current engineers within R&D," Tata Motors President Passenger Vehicle and Electric Vehicles Shailesh Chandra said in an analyst call. It is going to be a big component of how the company is planning to really expand its R&D base, he added. The Mumbai-based auto major, in line with its growth aspirations and business plans for the next few years, is hiring across various verticals like ...

Indian automakers beat Covid woes as sales in May surpass 2019 levels

However, executives warn of rising inflation's impact on demand

EV car makers rev up for 2025; slew of new models expected to hit the road

Korean carmaker Hyundai that sells the Kona electric sedan, too, is looking to ride the EV wave

Tata Motors sales surge nearly three folds to 76,210 units in May

Tata Motors said its total sales jumped nearly three folds in May to 76,210 units

Tata Motors to charge up its EV business with Ford Sanand plant buy

TaMo to take over land, plant building, machinery, and vehicle assembly along with all workers employed by the unit

BSE Auto index hits over 3-mth high; M&M at record high, Tata Motors up 3%

Analysts at Emkay Global Financial Services retain their positive view on the auto sector, underpinned by expectations of a cyclical upturn in the next three years.

Top headlines: LIC Q4 PAT declines 18%; TaMo to acquire Ford's Sanand plant

Business Standard brings you the top headlines on Monday

RIL, IT stocks propel Sensex 1,041 pts up; Nifty tops 16,650; Ethos dips 9%

CLOSING BELL: Among individual stocks, Titan, Infosys, M&M, L&T, Reliance Industries, HCL Tech, TCS, and Tech M were the lead gainers

Tata Motors to takeover Sanand plant; signs MoU with Ford and Gujarat govt

As part of the MoU, Tata Motors would take over land, plant building, machinery, and vehicle assembly from Ford India Pvt. Ltd., along with all workers working at the plant

Stocks to watch: RIL, Adani Green, Tata Motors, M&M, Delhivery, LIC, ONGC

Stocks to watch: Crude oil-related stocks will hog the limelight today as Brent crude has surged past $120/barrel-mark

Top Headlines: Final race for Metro AG; govt's bid for IDBI sale, and more

The Centre is looking to woo top global investors for the sale of its stake in IDBI Bank as a team of senior government officials visits the US this week. Read more in our top headlines