Key Developments: Tata Motors Ltd (TAMO.BO)

TAMO.BO on Bombay Stock Exchange

24 Nov 2015
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Latest Key Developments (Source: Significant Developments)

TATA Steel Ltd announces sale of equity shares of Tata Motors Ltd
Friday, 18 Sep 2015 02:00am EDT 

TATA Steel Ltd:Says that this is to inform you that the company as part of its portfolio restructuring has on Sept. 18, sold 3,85,20,801 shares of Tata Motors Ltd to institutional investors over stock exchange for total consideration of 12.5069 bln Indian rupees.  Full Article

Tata Motors Ltd's Land Rover recall affects 11,700 customers in the UAE -
Sunday, 12 Jul 2015 08:00pm EDT 

Tata Motors Ltd:Says Land Rover recall affects 65,352 vehicles globally with 11,700 in the UAE for issue with door latch mechanism - Out of the 65,352 vehicles being recalled globally, 11,700, or 17% of those affected, are within the UAE.Says 7,532 are Range Rover models, while the remaining 4,188 are Range Rover Sport models.Says this recall comes along with a second recall on the same day affecting 492 Land Rover LR4's manufactured from August 15, 2012 to September 18, 2012 for sunroofs that can detach or fly out due to poor assembly.  Full Article

Tata Motors Ltd's Land Rover recalls 65,000 SUVs in US, software glitch can cause doors to open while in motion - AP
Tuesday, 7 Jul 2015 08:00pm EDT 

Tata Motors Ltd:Says is recalling about 65,000 SUVs in the U.S. because the doors may not latch properly and could open while being driven - The Associated Press.No crashes or injuries have been reported.  Full Article

Tata Motors Ltd's Jaguar launches XF Aero-sport-Business Standard
Friday, 3 Jul 2015 01:35am EDT 

Tata Motors Ltd:Says company owned Jaguar announced the launch of XF Aero-sport at 5.2 mln (ex-showroom Mumbai, Pre- Octroi)-Business Standard.The 2.2-litre diesel engine with a maximum power output of 140 kW @3500 rpm and maximum torque of 450 Nm @2000 rpm.  Full Article

Tata Motors Ltd appointment of Chief Financial Officer
Wednesday, 1 Jul 2015 06:29am EDT 

Tata Motors Ltd:Says C. Ramakrishnan has been appointed as Tata Motors’ Group Chief Financial Officer w.e.f. July 01.  Full Article

Tata Motors Ltd's Jaguar Land Rover recalls 169 vehicles - China Business Newswire
Saturday, 27 Jun 2015 08:00pm EDT 

Tata Motors Ltd:Says Jaguar Land Rover announced a recall of 169 autos on Mainland China due to defective head lamps starting June 26th, 2015, according to the General Administration of Quality Supervision, Inspection and Quarantine website - China Business Newswire.The recall involves imported Jaguar XK model autos produced between July 19th, 2011 and July 10th, 2012.  Full Article

Tata Motors Ltd's JLR officials in US to discuss new plant-Business Standard
Thursday, 5 Feb 2015 04:14am EST 

Tata Motors Ltd:Says executives of Tata Motors-owned Jaguar Land Rover met the governor of Georgia, US to discuss setting up a new factory in the state, a local newspaper reported-Business Standard.  Full Article

Tata Motors Ltd to raise an additional 3.00 bln Indian Rupees through bonds-Business Standard
Monday, 3 Nov 2014 03:29am EST 

Tata Motors Ltd:Is expected to raise an additional 3.00 bln Indian Rupees through the sale of bonds carrying a 9.35 pct coupon rate-Business Standard.  Full Article

Tata Motors Ltd issues $750 million senior unsecured notes
Monday, 27 Oct 2014 02:23am EDT 

Tata Motors Ltd:Announces the pricing of a dual-tranche $750million senior unsecured notes following demand aggregating 4.50 Bn for the Offering that was launched and priced within a single day on Oct. 23.Says the Notes issued include: - $500 million senior unsecured notes due 2020 at a coupon of 4.625 pct per annum and $250 million senior unsecured notes due 2024 at a coupon of 5.750 pct per annum.Says the proceeds from the issuance and sale of the Notes will be used to refinance external commercial borrowing of the company, incur new additional capital expenditure and for general corporate purposes.Says the notes are expected to be settled by Oct. 30.Says the Joint Lead Managers & Bookrunners for this offering were ANZ, Citigroup, Credit Suisse and Standard Chartered Bank.  Full Article

Tata Motors Ltd and Microlise team up for fleet telematics in India-Business Standard
Thursday, 11 Sep 2014 09:00am EDT 

Tata Motors Ltd:And Microlise announce their partnership to bring in the latest global Fleet Telematics solutions to the Indian Market-Business Standard.The agreement, signed for an initial period of five years, envisages both partners will deliver Fleet Management services to the Indian transport industry through the Tata Fleetman platform.  Full Article


Tata Motors slides to a loss on China woes

NEW DELHI Tata Motors Ltd posted a surprise 4.3 billion rupee ($65.4 million) net loss in the quarter to the end of September after sales in China fell and a port explosion damaged thousands of vehicles.

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