With key events such as developments in the European Union (Brexit), policy initiatives by Donald Trump after he assumes office as the US President, monetary policy framework of global central banks, outcome of Assembly elections back home and the
Increased focus by central and state governments on improving the road network and transportation under the Bus Rapid Transit System (BRTS) has provided a boost to bus purchases, helping the segment buck the broader demand trend.
Cyrus Mistry was today removed as director of Tata Industries following shareholders' vote, the first such instance of the embattled executive being ousted from the board since his removal as Tata Group chairman.
S&P Global Ratings today said the continuing discord between the shareholders of Tata Group holding firm Tata Sons Ltd, has created uncertainty at the board level for group companies and could lead to slow decision-making in these entities.
JLR Chief Executive Ralf Speth confirmed the luxury car manufacturer's aim of doubling its output to 1 million cars by 2020, which will include a big spike in the production of electric vehicles in Britain.
A high hedging loss of Rs 3,510 crore took away gains from the higher volumes in Jaguar Land Rover (JLR) and led to a lower than expected profit of Rs 848 crore (consolidated) for Tata Motors in the September quarter.
Cyrus MistryAmidst the standoff between Ratan Tata and his estranged successor Cyrus Mistry, the six independent directors of Tata Motors chose to support the management and board of the company, instead of the chairman.
Ratan TataIt won’t be unfair to say that the Tata group would have been in a similar situation as that of many financially-stressed groups, were it not for the profits and cash flows of Tata Consultancy Services (TCS) and Tata Motors’
Wadia Group Chairman Nusli Wadia Illustration: Ajay MohantyThe war between the Tatas and the Mistrys has claimed the board seat of Nusli Wadia - the seniormost independent director of Tata Motors, Tata Steel and Tata Chemicals, with companies seeking