The two firms will work to make future proof cars; move will help Tata's Make in India initiative
Tata Motors, Parag Milk Foods, Intellect Design Arena, MT Educare and Panacea Biotec plunged up to 19% on BSE.
The stock dipped 9% to Rs 441 in intra-day trade, extending its Tuesday's 3.5% decline on the BSE
Losses from domestic business increases almost eight-fold
Tata Motors said its British arm Jaguar Land Rover posted revenue of 6,537 m pounds, up 13%
Tata Motors is moving to a five-level hierarchy from three levels in the supervisory grade
Sales of JLR grew 7%; commercial vehicles declined by 8% y-o-y
Tata Motors has lost market share in buses to Ashok Leyland
Tata Motors' commercial vehicles market share hit an all-time low of 40% under Cyrus Mistry
Plans two modular platforms and sub-brand TAMO for incubation
Tata to unveil Tamo Futuro sportscar at the 2017 Geneva show
TAL expects the robotics vertical to account for almost 40% of its revenues in the coming 5 yrs
Guenter Butschek, MD & CEO of Tata Motors, says that the company is pretty optimistic for the Q4
Besides, it also unveiled a bus with fuel cell technology
With 5.1% market share Tata Motors are already the number 4 player
It has initiated various internal processes focussed on cost saving, improving efficiency, quality
Company claims it has 5.5% domestic market share in passenger car segment
Butschek said the company will be discounting its another SUV Aria with the launch of the Hexa
The stock moved higher by 1% to Rs 505, bouncing back 3% from intra-day low on the National Stock Exchange
On the back of the launch of its upcoming SUV, Hexa, it hopes to occupy third spot in the market