Tag: JLR

‘There was no dearth of bankers advising us to shut down the PV business’ – N Chandrasekaran

When Natarajan Chandrasekaran took charge as the chairman of Tata Sons in 2017, many bankers advised him to wind up the group’s car business.  “There were enough bankers advising me to shut down the passenger car business, which was losing about Rs 4,000 crore a year,” he shared in an exclusive interview with Autocar India. … Continue reading ‘There was no dearth of bankers advising us to shut down the PV business’ – N Chandrasekaran

Waymo Giving 100,000 Robotaxi Rides Per Week But Not Making Any Money

Running a robotaxi empire ain’t cheap. Waymore Revenue As its competitors falter, the Google-owned and California-based robotaxi service Waymo seems to be in cruise control. According to figures the company shared in August, Waymo is now giving over 100,000 paid rides to customers each week in San Francisco, Phoenix, and Los Angeles, using its fleet of… Continue reading Waymo Giving 100,000 Robotaxi Rides Per Week But Not Making Any Money

Tata Nexon EV continues to get over Rs 2 lakh discount this month

As part of its ‘2 Million SUV celebration’, Tata Motors has announced a Green Bonus on most of its EV portfolio, which is essentially a large cash discount that’s carried over from last month. Tata Nexon EV, Punch EV and Tiago EV buyers can avail this cash discount, and those opting for the MY2023 models… Continue reading Tata Nexon EV continues to get over Rs 2 lakh discount this month

EXCLUSIVE: N Chandrasekaran’s mega interview with Hormazd Sorabjee

N Chandrasekaran, who recently completed seven years as the chairman of Tata Motors, takes us on a behind-the-scenes journey through some of the pivotal decisions made by India’s largest home-grown automaker in recent times, including the call to enter the electric vehicle market in 2017, foster tighter collaboration between JLR and Tata Motors’ car division, and sell a substantial stake… Continue reading EXCLUSIVE: N Chandrasekaran’s mega interview with Hormazd Sorabjee

Demand for CNG cars and SUVs jumps 36% to 278,000 units in April-August

The past couple of months have seen plenty of action on the CNG-powered passenger vehicle front, what with Hyundai Motor India launching the dual-cylinder Grand i10 Nios CNG and the base variant of the Aura Hy-CNG E sedan in August and the dual-cylinder Exter CNG in mid-July. And, Maruti Suzuki is to launch the CNG… Continue reading Demand for CNG cars and SUVs jumps 36% to 278,000 units in April-August

Engineering Services Outsourcing Market to Grow by USD 203.04 Million from 2023-2027, AI-Driven Transformation and Labor Cost Savings Fuel Growth – Technavio Report

NEW YORK, Sept. 6, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global engineering services outsourcing market size is estimated to grow by USD 203.04 million from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of almost 18.75%  during the forecast period. Cost savings from lower labor wages is… Continue reading Engineering Services Outsourcing Market to Grow by USD 203.04 Million from 2023-2027, AI-Driven Transformation and Labor Cost Savings Fuel Growth – Technavio Report

The algorithmic trading market is projected to grow by USD 15.33 billion from 2024 to 2028, driven by rising demand for AI-powered market surveillance- Technavio

NEW YORK, Sept. 6, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global algorithmic trading market size is estimated to grow by USD 15.32 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  14.34%  during the forecast period. High demand for market surveillance is driving market… Continue reading The algorithmic trading market is projected to grow by USD 15.33 billion from 2024 to 2028, driven by rising demand for AI-powered market surveillance- Technavio

JLR to launch new Indian-built model that sits on Tata platform

A new Indian-built JLR model based on a new platform being created by parent firm Tata Motors will be launched next year.  Confirmed by Tata Group boss Natarajan Chandrasekaran, the platform will also underpin a “high-end” Tata model. Both will be built in an all-new factory in India, and there are plans to export them… Continue reading JLR to launch new Indian-built model that sits on Tata platform

Exclusive-India’s Reliance Infra weighs EV push, taps ex-BYD exec, sources say

By Aditi Shah NEW DELHI (Reuters) -India’s Reliance Infrastructure is considering plans to manufacture electric cars and batteries, and has hired a former India executive at China’s BYD Co to advise on its plans, two sources briefed on the matter told Reuters. The company, part of Anil Ambani’s Reliance Group, has hired external consultants to… Continue reading Exclusive-India’s Reliance Infra weighs EV push, taps ex-BYD exec, sources say