As the controlled, phased restart of our operations continues, we are taking further steps towards our recovery and the return to manufacture of our world‑class vehicles. Today we are informing colleagues, retailers and suppliers that some sections of our manufacturing operations will resume in the coming days. We continue to work around the clock alongside cybersecurity… Continue reading @Tata-JLR: Statement on Cyber Incident
Tag: JLR
NRL Recycling Acquires Tycod Autotech for INR 240 Million
NRL Recycling Limited, a recycling and waste management company, has acquired Tycod Autotech Pvt Ltd in an all-cash transaction valued at INR 240 million as part of its strategy to move up the value chain from scrap processing to aluminium alloy production and precision-engineered automotive components manufacturing. The acquisition represents a forward integration move that… Continue reading NRL Recycling Acquires Tycod Autotech for INR 240 Million
Tata Power and VE Commercial Vehicles Partner to Boost Electric CV Adoption in India
In a significant move to accelerate India’s transition to electric commercial mobility, Tata Power EV Charging Solutions Limited (TPEVCSL) and VE Commercial Vehicles (VECV) have announced a strategic collaboration aimed at supporting truck and bus operators in their shift to electric vehicles. The partnership, formalized through a memorandum of understanding, will initially focus on VECV’s… Continue reading Tata Power and VE Commercial Vehicles Partner to Boost Electric CV Adoption in India
VIDEO-‘Hydrogen Is Key to Cutting 85% Oil and 45% Gas Imports’: Cummins India Vice President
Nitin Jirafe, Vice President – Engine Business, Cummins India and Managing Director, Tata Cummins, talks about how India’s commercial vehicle industry is navigating the energy transition. In this wide-ranging conversation, Jirafe outlines the need to reduce 85% oil and 45% gas imports, positions hydrogen as the most promising route to energy independence, and explains why… Continue reading VIDEO-‘Hydrogen Is Key to Cutting 85% Oil and 45% Gas Imports’: Cummins India Vice President
‘Moral hazard’ warning after £1.5bn government loan guarantee for JLR
Premium Digital Complete coverage $75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. Global news & analysis Expert opinion FT App on Android & iOS FT Edit: Access on iOS and web FirstFT: the day’s biggest stories 20+ curated newsletters Follow… Continue reading ‘Moral hazard’ warning after £1.5bn government loan guarantee for JLR
UK government will underwrite £1.5bn loan guarantee to Jaguar Land Rover after cyber-attack
A member of staff works on the production line at Jaguar Land Rover’s factory in Solihull. Photograph: Phil Noble/Reuters View image in fullscreen A member of staff works on the production line at Jaguar Land Rover’s factory in Solihull. Photograph: Phil Noble/Reuters UK government will underwrite £1.5bn loan guarantee to Jaguar Land Rover after cyber-attack… Continue reading UK government will underwrite £1.5bn loan guarantee to Jaguar Land Rover after cyber-attack
UK guarantees £1.5 billion loan to Jaguar Land Rover amid cyberattack
The UK government on Sunday said it will support Tata Motors-owned luxury carmaker Jaguar Land Rover (JLR) with a guarantee for a £1.5 billion (approximately Rs 17,826 crore) loan to ensure certainty to its supply chain following the recent cyberattack. This comes as JLR continues to grapple with the financial and operational impact of a… Continue reading UK guarantees £1.5 billion loan to Jaguar Land Rover amid cyberattack
UK government underwrites £1.5bn JLR loan following cyber attack
The UK government will guarantee a £1.5 billion loan to JLR to help it support suppliers who have been hit by the production shutdown sparked by a cyber attack. The loan to the Tata-owned car firm will be issued by a commercial bank, but will be underwritten by the UK government. JLR halted production at… Continue reading UK government underwrites £1.5bn JLR loan following cyber attack
Jaguar Land Rover wins £1.5bn UK loan support after cyber attack
Premium Digital Complete coverage $75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. Global news & analysis Expert opinion FT App on Android & iOS FT Edit: Access on iOS and web FirstFT: the day’s biggest stories 20+ curated newsletters Follow… Continue reading Jaguar Land Rover wins £1.5bn UK loan support after cyber attack
Tata Motors gets NCLT nod for demerger of passenger and commercial vehicle businesses from October 1
Tata Motors said the restructuring will help unlock value and give both businesses sharper strategic focus, improved agility, and more efficient capital allocation. Tata Motors Ltd on Friday received approval from the Mumbai bench of the National Company Law Tribunal (NCLT) for its long-awaited restructuring plan, clearing the way for the formal demerger of its… Continue reading Tata Motors gets NCLT nod for demerger of passenger and commercial vehicle businesses from October 1