Key Developments: Tata Motors Ltd (TAMO.NS)

TAMO.NS on National Stock Exchange of India

461.10INR
25 Jul 2014
Price Change (% chg)

Rs-24.15 (-4.98%)
Prev Close
Rs485.25
Open
Rs486.00
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Rs456.40
Volume
6,276,194
Avg. Vol
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Rs488.20
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Rs271.80

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Latest Key Developments (Source: Significant Developments)

Tata Motors Ltd recommends dividend
Thursday, 29 May 2014 07:13am EDT 

Tata Motors Ltd:Recommends retaining the dividend at 2 Indian Rupees per Ordinary share (100 pct) and 2.10 Indian Rupees per ‘A’ Ordinary share (105 pct), both of face value of 2 Indian Rupees each for FY2013-14.  Full Article

Tata Motors launches the all-new range of Tata ULTRA trucks
Wednesday, 21 May 2014 08:00pm EDT 

Tata Motors Ltd:Launches new Intermediate and Light Commercial Vehicle (ILCV) range of trucks christened 'ULTRA.  Full Article

Tata Motors Ltd's subsidiary issues $300 mln senior fixed rate notes due 2021
Thursday, 8 May 2014 05:15am EDT 

Tata Motors Ltd:TML Holdings Pte. Ltd. (the issuer), a wholly owned subsidiary of Tata Motors Limited, has issued and allotted $300 mln in principal amount of 5.75 pct senior fixed rate notes due 2021 (notes).Net proceeds from the notes will be used to repurchase certain equity shares issued to Tata Motors Limited and for general corporate purposes.Australia and New Zealand Banking Group Limited, Bank of America Merrill Lynch, Citigroup and HSBC have acted as joint lead managers and joint bookrunners.  Full Article

Tata Motors Ltd to bag 1000 Crore Indian Rupee contract to supply heavy duty trucks-The Economic Times
Wednesday, 29 Jan 2014 04:17pm EST 

Tata Motors Ltd:Is in the final stages of concluding a 1000 crore Indian rupee contract with the Ministry of Defence for the supply of 1,239 heavy duty trucks -The Economic Times.The deal for the so-called six-wheel-drive high mobility vehicles (HMV), fitted with material handling cranes, has the option of a follow-on order for 600 more units.Expected to conclude the deal in a few days.  Full Article

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’s 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

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Jaguar to cut prices on three models in response to China's auto probe

SHANGHAI/NEW DELHI - British luxury carmaker Jaguar Land Rover, owned by India's Tata Motors Ltd, said it planned to cut prices on three models in China due to the government's anti-monopoly probe.

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