Tag: Tata

Imported coal power plants told to run full capacity till April 30

The government has extended the direction for imported coal-based power plants to run at full capacity till April 30 from February 28, people aware of the development said. There are 15 imported coal-based (ICB) power plants including Tata Power Co. Ltd’s Coastal Power Gujarat, Adani Power Mundra Ltd, Essar Power Gujarat, and JSW Ratnagiri. The… Continue reading Imported coal power plants told to run full capacity till April 30

M&M Beats Hyundai Motor India to No.2 Rank in India

In what may mark the end of an era, Mahindra & Mahindra seems to have seized the No.2 slot in India’s PV market, relegating Hyundai Motor India (HMIL) to the third place. This marks a shift in the Indian car industry’s pecking order, with M&M’s relentless focus on SUVs and innovative launches propelling it ahead… Continue reading M&M Beats Hyundai Motor India to No.2 Rank in India

AUTO SALES- FEB 2025: Mahindra Reports Strong 19% Growth in February 2025 SUV Sales

Mahindra & Mahindra Ltd. (M&M), one of India’s leading automotive companies, has maintained its strong momentum into February 2025, reporting a 19% year-on-year growth in SUV sales. The company sold 50,420 SUVs in the domestic market last month, up from 42,401 units in February 2024, according to a press release issued on March 1. Total… Continue reading AUTO SALES- FEB 2025: Mahindra Reports Strong 19% Growth in February 2025 SUV Sales

Tata Communications Finalizes Divestment of Payment Solutions Subsidiary to Transaction Solutions International

Tata Communications has completed the divestment of its wholly-owned subsidiary, Tata Communications Payment Solutions Limited (TCPSL), to Transaction Solutions International (India) Private Limited (TSI), a subsidiary of Australian digital payments provider Findi Ltd. The transaction was finalized on February 28, 2025, following regulatory approval from the Reserve Bank of India and fulfillment of all conditions… Continue reading Tata Communications Finalizes Divestment of Payment Solutions Subsidiary to Transaction Solutions International

Tata Technologies has Named Anish Raghunandan as the President and Client Partner for Tata Motors Group

Tata Technologies has announced the appointment of Anish Raghunandan as President and Client Partner – Tata Motors Group. Effective immediately, he will oversee the company’s engagement with Tata Motors Limited (TML) and Jaguar Land Rover (JLR), focusing on strengthening strategic alignment and collaboration across the Tata Motors Group. With more than 22 years of experience… Continue reading Tata Technologies has Named Anish Raghunandan as the President and Client Partner for Tata Motors Group

Commercial Vehicle Dispatches Projected to Decline 3% in February Amid Continued Market Slowdown, Reports Motilal Oswal

Commercial vehicle (CV) dispatches are expected to decline by approximately 3% year-over-year in February 2025, while retail volumes are projected to see a steeper drop of 6-8%, according to a recent sector update by Motilal Oswal Financial Services. The report, published on February 27, paints a challenging picture for the CV segment, which “continues to… Continue reading Commercial Vehicle Dispatches Projected to Decline 3% in February Amid Continued Market Slowdown, Reports Motilal Oswal

Motilal Oswal Forecasts Modest Growth for February Passenger Vehicle Sales Despite Market Headwinds

According to a recent sector update by Motilal Oswal Financial Services, passenger vehicle (PV) dispatches in February 2025 are expected to grow approximately 2.5% year-over-year, despite retail sales likely posting a low single-digit decline compared to the same period last year. The brokerage firm’s latest report, published on February 27, highlights that PV retail sales… Continue reading Motilal Oswal Forecasts Modest Growth for February Passenger Vehicle Sales Despite Market Headwinds

Tata Motors shares down 3% to hit fresh 52-week low

Tata Motors has delivered strong returns over the long term, gaining 38% in the past three years and surging 337% over five years. Shares of Tata Motors fell as much as 2.8% on Friday to Rs 630.15 on the BSE, extending their losing streak to a ninth consecutive session and reaching a fresh 52-week low… Continue reading Tata Motors shares down 3% to hit fresh 52-week low

Premiumisation story may have peaked out in auto; bet on capital market theme: Dhananjay Sinha

Dhananjay Sinha, Co-Head of Equities & Head of Research, Systematix Group Dhananjay Sinha, Co-Head of Equities & Head of Research, Systematix Group, says the premiumisation story may have peaked out. Multiple expansion was seen in the auto sector because of the higher average price of the vehicles sold as people moved from the entry level… Continue reading Premiumisation story may have peaked out in auto; bet on capital market theme: Dhananjay Sinha