Key Developments: Tata Motors Ltd (TAMO.BO)

TAMO.BO on Bombay Stock Exchange

31 Mar 2015
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Latest Key Developments (Source: Significant Developments)

Tata Motors Ltd managing director Karl Slym dies after fall - Reuters
Sunday, 26 Jan 2014 06:30am EST 

Tata Motors Ltd:says Managing Director Karl Slym had died in Bangkok after a fall - Reuters.Karl Slym was in the Thai capital for a Tata Motors Thailand board meeting, a company spokeswoman told Reuters.  Full Article

Tata Motors Ltd's Jaguar Land Rover strikes Chinese deal worth GBP4.5 billion - Business Standard
Wednesday, 4 Dec 2013 12:30pm EST 

Tata Motors Ltd:Jaguar Land Rover, the subsidiary of Tata Motors Ltd, has signed a new agreement to provide 100,000 cars to China collectively worth 4.5 billion pounds (INR46 billion) over the next year - Business Standard.  Full Article

Tata Motors Ltd Lines Up Two New Car Launches For Next Year - Business Standard
Tuesday, 19 Nov 2013 08:26am EST 

Business Standard reported that Tata Motors Ltd will launch two all new products next year to give its sagging portfolio a much needed fillip. The Company will unveil a hatchback and compact sedan at the Auto Expo in February followed by their commercial launch. The new hatchback (codenamed Falcon 4) will sit alongside its existing Indica and Vista models and the Company ruled out any phase out of either of the two models. Similarly the new compact sedan (codenamed Falcon 5) will complement the Indigo CS, the country‚Äôs first compact sedan, having length of under four meters.  Full Article

Tata Motors Ltd Enters Indonesian Market, Launches Three Vehicles-Business Standard
Tuesday, 10 Sep 2013 04:30am EDT 

Business Standard reported that Tata Motors Ltd has entered the Indonesian market with the launch of three passenger vehicles. The Company's wholly owned subsidiary PT Tata Motors Distribusi Indonesia (TMDI) has introduced Tata Aria, Tata Vista and Tata Safari Storme in the Indonesian market.  Full Article

Tata Motors Ltd Cuts Pantnagar Unit Workforce By 21% In Drive To Cut Costs-The Economic Times
Monday, 5 Aug 2013 12:40am EDT 

The Economic Times reported that Tata Motors Ltd has rationalised the workforce at Pantnagar plant by almost 21% in the first quarter of 2013-2014. But between April and June this year, Tata Motors has cut payroll with staff strength at the Pantnagar plant, going down sharply to 4,630, reflecting 1,208 job losses, according to Provident Fund (PF) contribution records for Tata Motors' Pantnagar unit, accessed by ET. Other locations such as Sanand in Gujarat and Hubli in Karnataka have also witnessed a decline in their headcounts, albeit on a much lower scale of around 2%.  Full Article

S&P Revises Tata Motors Ltd Rating To Stable-Business Standard
Thursday, 25 Jul 2013 10:44am EDT 

Business Standard reported that Standard & Poor's Ratings Services revised its outlook on Tata Motors Ltd to stable from positive and affirmed its 'BB' long-term corporate credit rating.  Full Article

Tata Motors Ltd To Launch Light Commercial Vehicles In Australia-Business Standard
Tuesday, 23 Jul 2013 01:10am EDT 

Business Standard reported that Tata Motors Ltd announced that it is all set to launch its light commercial vehicles in Australia through an agreement with a local distributor Fusion Automotive. Under the deal that gives Fusion Automotive exclusive marketing and distribution rights within the country, it will first start with a range of commercial vehicles in the fourth quarter of 2013.  Full Article

Tata Motors Ltd's JLR Launches Jaguar F Type Sports Car-Business Standard
Monday, 8 Jul 2013 03:23am EDT 

Business Standard reported that Tata Motors Ltd's Jaguar Land Rover (JLR) launched its sports car Jaguar F TYPE priced up to INR16.1 million (ex-showroom Mumbai), while it mulls over assembling more models in India.  Full Article

Tata Motors Ltd Launches Eight Upgraded Models Of Passenger Vehicles-Business Standard
Wednesday, 19 Jun 2013 04:38am EDT 

Business Standard reported that Tata Motors Ltd launched eight upgraded models of its different passenger vehicles, including the CNG version of its entry level small car Nano. The Company has also introduced new CNG versions of the hatchback Indica and entry level sedan Indigo along with refreshed versions of the two models in diesel options. Also, the Company introduced refreshed models of its sports utility vehicle Safari Storme and utility vehicle Sumo Gold  Full Article

Tata Motors Ltd Move Court Against Trademark Infringement-The Economic Times
Sunday, 9 Jun 2013 12:53am EDT 

The Economic Times reported that Tata Motors Ltd, has filed a complaint before a Delhi court alleging infringement of trademark and copyright by unknown persons manufacturing and marketing spurious ancillary automobile products under name. In the complaint filed in the court of Chief Metropolitan Magistrate Vidya Prakash, the Company said it has learnt that some unknown persons were engaging in business of manufacturing, trading, distributing, storing and selling counterfeit and spurious products under trademark. The complaint sought direction to DCP ( District Investigation Unit) Central District to take in custody and produce any person privy to production, storage or sale of any such objectionable articles. It said the unknown persons are applying name of the Company to their inferior products and have in their possession dies, blocks, plates, instruments, devices and machinery for falsifying the trademark of TATA Motors. It also said the general public is being cheated into buying counterfeit products from the accused who make them believe that it is product of TATA and wrongful loss is being caused to the Company.  Full Article

Indian shares near 6-week low; Tata Motors falls

MUMBAI, March 24 - Indian shares fell to the lowest close in nearly six weeks on Tuesday as gains in healthcare stocks such as Lupin were offset by fall in Tata Motors, which dropped ahead of a board meet to consider a rights issue.

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