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Tata Motors Ltd (TAMO.BO)

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Latest Key Developments (Source: Significant Developments)

Tata Motors signs MoU with Indonesia's PT Pindad
Thursday, 3 Nov 2016 07:00am EDT 

Tata Motors Ltd : Tata Motors signs MoU with Indonesia's PT Pindad . MoU further includes a study to check feasibility of locally assembling Tata armoured vehicles at PT Pindad's facility in Bandung Further company coverage: [TAMO.NS] ((ReutersIndia.snapping@thomsonreuters.com;)).  Full Article

Tatas said to approach sovereign funds on buying Cyrus Mistry's stake - Economic Times
Thursday, 27 Oct 2016 09:30am EDT 

: Tatas said to approach sovereign funds on buying Cyrus Mistry's stake - Economic Times ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

India's Tata Motors signs agreement with Castrol
Wednesday, 21 Sep 2016 07:32am EDT 

Tata Motors Ltd : Tata motors and Castrol sign new agreement to strengthen partnership Further company coverage: [TAMO.NS] ((ReutersIndia.snapping@thomsonreuters.com;)).  Full Article

Tata Motors says Tata JLR August domestic sales down about 10 pct
Friday, 2 Sep 2016 05:36am EDT 

Tata Motors Ltd : Tata JLR August domestic sales of 155 units versus 172 units last year .  Full Article

Jaguar Land Rover says August 2016 U.S. sales up 46 pct
Thursday, 1 Sep 2016 01:37pm EDT 

Jaguar Land Rover: August 2016 U.S. sales for both Jaguar and Land Rover hit 9,329 units, a 46 percent increase from August 2015 ((Bangalore.newsroom@thomsonreuters.com ;)).  Full Article

India's Tata Motors: have robust forex hedging policy for JLR
Friday, 26 Aug 2016 09:30am EDT 

India's Tata Motors Ltd exec says: JLR operating margin for Q1 at 12.3 percent compared with 16.4 percent in year ago quarter . Have a robust foreign exchange hedging policy for Jaguar Land Rover business . Going to break ground at Slovakia plant in the next few days . Impact on JLR margins due to lower local market incentive in China this quarter compared with a year ago . India's Tata Motors on Friday posted a 57 percent fall in quarterly net profit, missing estimates, as foreign exchange losses after Britain's decision to leave the European Union offset higher sales at its luxury unit Jaguar Land Rover. [nL3N1B73D4] Further company coverage: [TAMO.NS] (Reporting by Promit Mukherjee) ((aditi.shah@thomsonreuters.com;)).  Full Article

Tata Motors June-qtr consol profit more than halves
Friday, 26 Aug 2016 05:30am EDT 

Tata Motors Ltd : Says June-quarter consol net profit 22.60 billion rupees . June-quarter consol total income from operations 670.56 billion rupees . Consensus forecast for June-quarter consol net profit was 24.20 billion rupees . Says board approved raising funds upto INR 30 billion . Says consol net profit June-quarter last year was 52.54 billion rupees as per Ind-AS; consol total income from operations was 615.10 billion rupees . Exceptional items for quarter includes further recoveries of INR 4.78 billion on account of Tianjin incident . Exceptional items for quarter includes recoveries of INR 4.78 billion on account of Tianjin incident during year ended March 31, 2016 .  Full Article

Tata Motors gets members' nod to appoint Guenter Butschek as CEO, MD
Wednesday, 10 Aug 2016 08:53am EDT 

Tata Motors Ltd : Gets members' nod to appoint Guenter Butschek as CEO and MD . Gets members' nod for NCD issue .  Full Article

Tata Motors Group July global wholesales up 20 pct
Monday, 8 Aug 2016 09:31am EDT 

Tata Motors Ltd : Tata Motors Group global wholesales at 88,159 nos. in July 2016, up 20 percent over July 2015 .  Full Article

Jaguar Land Rover initiates Takata-related recalls for certain Jaguar XF models
Thursday, 4 Aug 2016 12:33pm EDT 

Jaguar Land Rover: Initiates first round of Takata-related recalls for certain Jaguar XF and Land Rover Range Rover models . Given size and complexity of recall, replacement parts are not immediately available for affected vehicles . About 54,000 Jaguar and Land Rover vehicles of a total affected population of 108,000 are included in first wave of the recall .No current model year Jaguar or Land Rover vehicles are affected by recall.  Full Article

Jaguar Land Rover to build new Discovery in Slovakia

LONDON, Nov 29 Jaguar Land Rover said on Tuesday it will build its next-generation Discovery sport utility vehicle in Slovakia, the first car chosen for the 1 billion pound ($1.25 billion) plant which is due to open in 2018.