The company has fixed October 14 as the record date to determine shareholders eligible to receive one fully paid-up share of TMLCV for every share held in Tata Motors. Tata Motors shares slid 7 per cent over seven sessions, hitting ₹679.05 on Monday after dropping as much as 2 per cent in intraday trade, as… Continue reading Tata Motors demerger: Stock slides 7% in 7 days. Will the restructuring spark gains or more volatility?
Author: Economic Times of India Online News
Bengaluru drivers can now see traffic signal timers on Mappls app
With the Mappls integration, the same countdown displayed on physical signal poles can now be viewed directly on mobile screens. Motorists in the city can now check the traffic signal countdown at the next junction on their mobile phones. Bengaluru traffic police, in collaboration with the navigation app Mappls, have introduced a new feature that… Continue reading Bengaluru drivers can now see traffic signal timers on Mappls app
OP Mobility to invest up to $300 mn in India, add 5 new factories
The investment will entail OP Mobility doubling the number of factories in India to 10 besides starting a new technology centre as it also looks to more than double its business in the country. OP Mobility SE plans to invest $200-$300 million (₹1,774-2,661 crore) in India over the next five years to significantly expand its… Continue reading OP Mobility to invest up to $300 mn in India, add 5 new factories
LG Energy Solution Q3 profit likely up 34% on US EV sales rush
LGES has tried to boost production of batteries for energy storage systems (ESS) to offset sluggish EV demand and improve profits in the second half of this year. Battery maker LG Energy Solution (LGES) said on Monday its third-quarter operating profit likely rose 34 per cent as US consumers rushed to buy electric vehicles to… Continue reading LG Energy Solution Q3 profit likely up 34% on US EV sales rush
N Chandrasekaran gets historic extension as Tata bets big on semiconductors, EVs, and Air India
N Chandrasekaran In the first ever departure from the Tata Group‘s retirement policy, the Tata Trusts approved a third executive term for N Chandrasekaran, chairman of Tata Sons, said people aware of the matter. Chandrasekaran will be 65 when he ends his second term in February 2027. Under group rules, executives are expected to step… Continue reading N Chandrasekaran gets historic extension as Tata bets big on semiconductors, EVs, and Air India
BPCL and RBML partner to boost CNG sales and India’s gas-based economy
The partnership is part of BPCL’s Project Aspire initiative, which focuses on creating a sustainable energy framework for the country. Bharat Petroleum Corporation Limited (BPCL) has entered into a strategic partnership with Reliance BP Mobility Limited (RBML) to strengthen India’s City Gas Distribution (CGD) and Compressed Natural Gas (CNG) sectors. The agreement supports the government’s… Continue reading BPCL and RBML partner to boost CNG sales and India’s gas-based economy
Tata Motors demerger: Will it unlock value or more volatility for investors next week?
Under the arrangement, Tata Motors will be renamed Tata Motors Passenger Vehicles Ltd, while TMLCV will be renamed Tata Motors Ltd, continuing the CV business. Tata Motors shares logged a six-day losing streak on Friday, with investors bracing for next week’s key demerger record date. The stock had lost over 5 per cent in the… Continue reading Tata Motors demerger: Will it unlock value or more volatility for investors next week?
Supertech EV launches MAXX autos, expands Zapster scooter line; opens new Haryana plant
The company has announced these multiple strategic initiatives to strengthen its footprint in the country’s EV market. Supertech EV, one of India’s fastest-growing electric vehicle manufacturers, on Saturday said it has launched its new range of MAXX electric autos, expanded its Zapster high-speed scooter line, and inaugurated a new manufacturing facility at Bahadurgarh, Haryana. Marking… Continue reading Supertech EV launches MAXX autos, expands Zapster scooter line; opens new Haryana plant
Tata Industries GC Attreyi Mukherjee joins Mahindra & Mahindra as VP & head legal for EV business
Attreyi Mukherjee Mahindra & Mahindra has appointed Attreyi Mukherjee as vice president & head legal (EV Business), marking a significant addition to its legal team. Attreyi Mukherjee brings over two decades of legal experience, having most recently served as general counsel at Tata Industries. Before becoming GC, she held the position of legal counsel at… Continue reading Tata Industries GC Attreyi Mukherjee joins Mahindra & Mahindra as VP & head legal for EV business
Haryana eyes Japanese tie-up to propel automotive, tech sectors
Fukuoka is known for its strong base of automobile companies and its expertise in robotics and engineering. The Haryana govt is seeking to collaborate with Fukuoka province of Japan to strengthen cooperation in automotive manufacturing, robotics, and advanced technologies. Industries and commerce minister Rao Narbir Singh, during his ongoing visit to Japan, met the deputy… Continue reading Haryana eyes Japanese tie-up to propel automotive, tech sectors