Adrian Mardell, Jaguar Land Rover (JLR) ‘s chief executive officer, has announced his decision to retire, ending a distinguished 35-year career with the company. The company confirmed that his successor will be announced in due course. “Adrian Mardell has expressed his desire to retire from JLR after three years as CEO and 35 years with… Continue reading EXCLUSIVE: Adrian Mardell, CEO of Jaguar Land Rover Retires after 35-Year Career
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EXCLUSIVE: Adrian Mardell, CEO of Jaguar Land Rover Retires after 35-Year Career
Adrian Mardell, Jaguar Land Rover (JLR) ‘s chief executive officer, has announced his decision to retire, ending a distinguished 35-year career with the company. The company confirmed that his successor will be announced in due course. “Adrian Mardell has expressed his desire to retire from JLR after three years as CEO and 35 years with… Continue reading EXCLUSIVE: Adrian Mardell, CEO of Jaguar Land Rover Retires after 35-Year Career
Tata Motors to Raise €1 Billion, Monetise Tata Capital Stake to Fund Iveco Acquisition
Tata Motors plans to raise close to €1 billion through equity via either a rights issue or qualified institutional placement (QIP) and monetise its stake in Tata Capital to help repay a €3.8 billion bridge loan it will use to acquire Italy’s Iveco Group, Group CFO PB Balaji said. The funding strategy is expected to… Continue reading Tata Motors to Raise €1 Billion, Monetise Tata Capital Stake to Fund Iveco Acquisition
Tata Motors to Raise €1 Billion, Monetise Tata Capital Stake to Fund Iveco Acquisition
Tata Motors plans to raise close to €1 billion through equity via either a rights issue or qualified institutional placement (QIP) and monetise its stake in Tata Capital to help repay a €3.8 billion bridge loan it will use to acquire Italy’s Iveco Group, Group CFO PB Balaji said. The funding strategy is expected to… Continue reading Tata Motors to Raise €1 Billion, Monetise Tata Capital Stake to Fund Iveco Acquisition
Italy’s Government Endorses Tata Motors’ Iveco Bid
Hours after Mumbai-based Tata Motors Commercial Vehicle and Iveco Group announced a definitive agreement to combine their commercial vehicle (CV) businesses in a landmark €3.8 billion all-cash deal, Palazzo Chigi (the official residence of the Prime Minister of Italy) and the entire Council of Ministers have pledged their support for the deal. The acquisition will be… Continue reading Italy’s Government Endorses Tata Motors’ Iveco Bid
Tata Steel Q1 net profit more than doubles to ₹2,007 crore
Revenues from Tata Steel’s UK operations declined to ₹6,096 crore from ₹6,810 crore in the same quarter last year. Tata Steel reported a consolidated net profit of ₹2,007.3 crore for the quarter ended June 2025, more than double the ₹1,014.6 crore reported in the same period last year. The increase was driven by reduced losses… Continue reading Tata Steel Q1 net profit more than doubles to ₹2,007 crore
Steel price surge could strain costs, warns Mahindra
Rajesh Jejurikar, Executive Director & CEO- Auto and Farm Sector, Mahindra & Mahindra New Delhi: Mahindra & Mahindra (M&M) has flagged rising commodity costs, particularly steel, which it says has seen a 6 per cent price increase over the last quarter. “We are concerned about steel going up,” said Rajesh Jejurikar, Executive Director & CEO-… Continue reading Steel price surge could strain costs, warns Mahindra
What is Iveco, the Company Tata Motors Just Acquired
In a landmark acquisition that promises to reshape India’s commercial vehicle landscape, Tata Motors has acquired Iveco Group, bringing one of Europe’s most established truck and bus manufacturers under Indian ownership. For many Indian readers unfamiliar with this global player, here’s everything you need to know about Tata Motors’ newest addition. From European Roots to… Continue reading What is Iveco, the Company Tata Motors Just Acquired
What is Iveco, the Company Tata Motors Just Acquired
In a landmark acquisition that promises to reshape India’s commercial vehicle landscape, Tata Motors has acquired Iveco Group, bringing one of Europe’s most established truck and bus manufacturers under Indian ownership. For many Indian readers unfamiliar with this global player, here’s everything you need to know about Tata Motors’ newest addition. From European Roots to… Continue reading What is Iveco, the Company Tata Motors Just Acquired
BREAKING: Tata Motors to Acquire Iveco Group in €3.8 Billion Deal, Creating Global CV Powerhouse
Tata Motors and Iveco Group have announced a definitive agreement to combine their commercial vehicle (CV) businesses in a landmark €3.8 billion all-cash deal. The acquisition will be executed through a voluntary tender offer for all common shares of Iveco Group (post-separation of its defence business), marking a strategic move to create a global leader… Continue reading BREAKING: Tata Motors to Acquire Iveco Group in €3.8 Billion Deal, Creating Global CV Powerhouse