Tag: Tata

DICV Appoints Rajiv Chaturvedi President and Chief Business Officer

With an intent to fortify its commercial operations in one of Asia’s most competitive truck markets, Daimler India Commercial Vehicles (DICV) has appointed Rajiv Chaturvedi as its new President and Chief Business Officer. The announcement was made by Chaturvedi via social media, marking a pivotal leadership transition at the Indian arm of Daimler Truck AG.… Continue reading DICV Appoints Rajiv Chaturvedi President and Chief Business Officer

Tata Steel consolidated output falls 5% to 7.45 MT in Q4; sales rise to 8.28 MT

Tata Steel reported a 5.34 per cent rise in consolidated sales to 8.28 MT in Q4 FY25 over 7.86 MT sales in the last quarter of 2023-24. Tata Steel on Monday reported a 5 per cent fall in its consolidated steel production to 7.45 million tonnes (MT) for the last quarter of FY25, mainly due… Continue reading Tata Steel consolidated output falls 5% to 7.45 MT in Q4; sales rise to 8.28 MT

After Trump, EU seeks zero tariff from India on car imports, sources say

India and the EU have been in trade talks for several years and in February agreed to conclude the deal by the end of the year as they look to soften the impact of tariffs. The European Union wants India to eliminate tariffs on car imports under a long-pending trade deal and Prime Minister Narendra… Continue reading After Trump, EU seeks zero tariff from India on car imports, sources say

Tata Power gets nod to install 100-MW battery energy storage project in Mumbai

Furthermore, the system shall enhance reactive power administration, augmenting peak demand efficacy and bolstering the metropolitan electrical infrastructure. Tata Power on Monday said it has received authorisation from the Maharashtra Electricity Regulatory Commission (MERC) to establish a 100-MW battery energy storage system (BESS) initiative. The undertaking shall be implemented across 10 strategically positioned locations in… Continue reading Tata Power gets nod to install 100-MW battery energy storage project in Mumbai

No.4 Twice in a Row: What’s Behind Hyundai Motor India’s Underperformance

Hyundai Motor India Ltd (HMIL), the long-standing second-largest car seller in the country, is facing intensified competition, reflected in its retail sales performance over the past two months. We look at what could be leading to this setback for the Korean car brand. No.4 Twice in a Row According to data released by the Federation… Continue reading No.4 Twice in a Row: What’s Behind Hyundai Motor India’s Underperformance

EU Seeks Elimination of Car Import Tariffs in Trade Talks With India: Reuters

The European Union is pressing India to completely remove import tariffs on cars as part of broader trade discussions, with negotiations gaining momentum after similar demands from the United States, as per a Reuters report. According to multiple sources familiar with the talks, India is considering a proposal to gradually lower these tariffs to 10%,… Continue reading EU Seeks Elimination of Car Import Tariffs in Trade Talks With India: Reuters

Tata Punch outpunches rivals to be SUV No. 1 in FY2025

A month before FY2025 closed, the Tata Punch and the Hyundai Creta were separated by 2,041 units in their race to be India’s No. 1 SUV in FY2025. Now with March 2025 numbers factored in, the Tata Punch with estimated wholesales of 196,567 units has beaten the Hyundai Creta (194,871 units) by 1,696 units. This… Continue reading Tata Punch outpunches rivals to be SUV No. 1 in FY2025

JLR Achieves Net Cash Positive Position Following Consistent Global Demand

Jaguar Land Rover (JLR) announced today that it has achieved its net cash positive target, a key milestone in its Reimagine strategy, following strong sales performance for the fiscal year ending March 31, 2025. The company reported wholesale volumes of 400,898 units for FY25, remaining flat year-on-year, while retail sales reached 428,854 units, representing a… Continue reading JLR Achieves Net Cash Positive Position Following Consistent Global Demand

@Tata-JLR: JLR DELIVERS ON NET CASH POSITIVE TARGET AFTER STRONG FY25 SALES

Gaydon, UK, 07 April 2025 – JLR today announces strong wholesale and retail sales for the fourth quarter of FY25 (three‑month period to 31 March 2025) and the full year ended 31 March 2025, reflecting consistent, sustained global demand, as it achieved a net cash positive position, a key Reimagine strategy target. Wholesale volumes for… Continue reading @Tata-JLR: JLR DELIVERS ON NET CASH POSITIVE TARGET AFTER STRONG FY25 SALES