Metal major Hindustan Copper on Thursday reported a 149% jump in its December quarter consolidated net profit at Rs 156 crore compared to Rs 63 crore reported in the year-ago period. The company’s revenue from operations stood at Rs 687 crore in Q3FY26, up 110% over Rs 327 crore posted in the corresponding period of […]
Tata Motors Passenger Vehicles Ltd. is confident of outperforming the wider car industry in India, which itself is expected to grow at 10% in 2026. Tata Motors PV CEO Shailesh Chandra with the newly launched Tata Punch sub-compact SUV during a launch event in Mumbai on Tuesday, 13 December 2026. (Handout) “The first eight months […]
Tata Motors Passenger Vehicles Ltd. has launched the latest iteration of its smallest SUV Punch at a price point that undercuts rivals Hyundai Exter and Maruti Suzuki Ignis. Tata Motors PV MD Shailesh Chandra with the 2026 Tata Punch SUV at a launch event in Mumbai on Tuesday, 13 January 2026. The 2026 Tata Punch […]
India’s stock market fell today, pulled lower by heavyweights HDFC Bank Ltd. and Reliance Industries Ltd., a day after Nifty 50 hit record high. The Bombay Stock Exchange building on Dalal Street in Mumbai. (Reuters) SENSEX NIFTY UPDATE The Nifty 50 hit an intraday record on Monday before reversing to close 0.3% lower. Seven of […]
Shares of Tata Motor Passenger Vehicles Ltd. (Tata Motors PV) fell to the lowest since the demerger took effect, after its quarterly results showed the impact of the JLR cycberattack that crippled production at the luxury carmaker. A Range Rover and Tata Nexon in an underground parking lot. (AI Image) On Monday, Tata Motors PV’s […]
Shares of Tata Motors Commercial Vehicles Ltd. listed at a premium of 28% to its implied value, as investors cheered the standalone listing of India’s largest truck-and-bus maker. That, in effect, means that the Tata Motors demerger has paid off for India’s largest conglomerate. Tata Motors CV investors cheered the standalone listing of India’s largest […]
Tata Motors Commercial Vehicles will list as Tata Motors Ltd. on India’s stock exchanges on 12 November, in completion of a demerger that split the PV and CV units of India’s largest automaker. A Tata Motors logo is pictured outside the company showroom in Mumbai, India. (Reuters) “We wish to inform that TMCV has intimated […]
The UK government’s £1.5-billion loan guarantee to help Jaguar Land Rover after a major cyberattack falls outside the “normal underwriting criteria”, the Financial Times reported on Monday. The JLR cyberattack cost the British economy an estimated £1.9 billion and affected more than 5,000 suppliers. (Bloomberg) In a 25 September letter seen by FT, UK Export […]
With Tata Motors Ltd. trading ex-demerger, the focus is now on Tata Motors CV and how it will be priced on the stock exchanges when it lists separately in a month’s time. The Tata Motors demerger was aimed at unlocking value of Tata Motors PV while retaining the heft of Tata Motors CV. (Handout) While […]
Tata Motors Ltd. has completed the demerger of its passenger vehicle (PV) and commercial vehicle (CV) businesses, marking one of India’s largest auto restructurings in recent years. The process, which began in early 2024, culminated with the stock trading ex-demerger today. The Tata Motors demerger marks a pivotal step in its transformation into a dual-focused […]