Covid 19 Curfew Impact: Tata Motors halts work at Pune plant till April 30
Business | April 15, 2021 17:29 ISTTata Motors became the first company to abide by all guidelines laid out by Maharashtra CM Uddhav Thackeray.
Tata Motors became the first company to abide by all guidelines laid out by Maharashtra CM Uddhav Thackeray.
Equity benchmark indices traded within a narrow range on Friday as surging Covid cases became an area of serious concern with several cities declaring night curfews Market experts said unless this second wave peaks soon and subsides, economic activity will be impacted and uncertainty will weigh on investor sentiments.
The Kejriwal government recently delisted the Tata Nexon EV from its subsidy scheme for electric vehicles.
Tata Motors on Thursday launched a new XTA variant of hatchback Tiago at a starting price of Rs 5.99 lakh.
The company has introduced the SUV with introductory prices ranging from Rs 14.69 lakh and Rs 21. 45 lakh.
Tata Motors on Thursday unveiled the new avatar of the iconic Tata Safari, calling it a potent combination of power and elegant sophistication. In a flag-off ceremony, the first Safari in its full glory rolled out of the line from the plant in Pune.
The iconic Tata Safari is back. Tata Motors on Wednesday said it is bringing back 'Safari' with its upcoming flagship SUV. It is code-named as the Gravitas. Tata Motors said the new avatar of the Safari will once again re-energise the market, amplifying its cult status.
Tata Motors is all set to launch its new model Gravitas, the model was first showcased at the Auto Expo. The Indian automaker is expected to launch the model on January 26.
After rolling out the 1000th Nexon EV in August this year, the compact SUV clocked in another 1,000 sales units in a record time of three months.
Tata Motors on Saturday said it has launched a new variant of its premium hatchback Altroz priced at Rs 6.6 lakh (ex showroom Delhi).
Leading carmakers Maruti Suzuki India, Hyundai and Tata Motors saw better retail sales during the Navratri period this year as compared with last year with pent up demand of last few months aiding the brisk offtake.
Tata Motors on Saturday said it has collaborated with HDFC Bank for financing of its passenger vehicles.
The drop in sales of its commercial vehicles and Daewoo range was higher at 29 per cent (56,614 vehicles) during the second quarter of FY2021 as compared to passenger vehicles sales, which declined 9 per cent (1,46,259 units) over the second quarter of the previous fiscal, according to a release.
Tata Motors on Monday announced a new limited-period subscription offer for its electric SUV Nexon, under which a customer can lease the vehicle at an all-inclusive fixed rental of Rs 34,900 per month.
Tata Motors on Wednesday launched a new variant of its compact SUV Nexon, with premium features, at a starting price of Rs 8.36 lakh (ex-showroom Delhi).
Shares of Tata Motors on Monday jumped 8 per cent after the company's first-quarter earnings were better than estimates. The stock gained 7.98 per cent to close at Rs 113.05 on the BSE. During the day, it rose 9.26 per cent to Rs 114.40.
Total income from operations during the period under review stood at Rs 31,983.06 crore as against Rs 61,466.99 crore in the corresponding quarter of the last fiscal. The company's British arm Jaguar Land Rover (JLR) reported a 44 per cent dip in net revenue at 2.9 billion pounds during the first quarter.
Tata Motors on Wednesday said it has introduced financing scheme for Tiago, Nexon, and Altroz under which customers can avail six-month EMI holiday
Shares of Tata Motors on Tuesday fell by nearly 6 per cent after the company reported a consolidated net loss of Rs 9,863.73 crore in the fourth quarter ended March 2020. It tumbled 5.67 per cent to close at Rs 94.75 on the BSE. During the day, it tanked 8.41 per cent to Rs 92.
Tata Motors-owned Jaguar Land Rover (JLR) is planning to cut over 1,000 contract-agency jobs amid the ongoing COVID-19 pandemic pressures.
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