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Tata Motors Ltd (TAMO.NS)

TAMO.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

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

Tata Motors says Tata-JLR July domestic sales down about 6 pct
Tuesday, 2 Aug 2016 06:22am EDT 

Tata Motors Ltd : Tata-JLR July domestic sales of 152 units versus 162 units year ago .  Full Article

Tata Motors July passenger, commercial vehicle sales up 7.5 pct on-year
Monday, 1 Aug 2016 10:25am EDT 

Tata Motors Ltd : Passenger and commercial vehicle sales (including exports) July 2016 at 43,160 vehicles versus over 40,154 vehicles in July 2015 Further company coverage: [TAMO.NS] ((abhirup.roy@thomsonreuters.com; + 91 22 6180 7067; Reuters Messaging: abhirup.roy.thomsonreuters.com@reuters.net)).  Full Article

Tata Motors approves NCD issue of up to 4 bln rupees
Thursday, 28 Jul 2016 06:30am EDT 

Tata Motors Ltd : Approved offering for subscription on a private placement basis NCDs aggregating upto 4 billion rupees .  Full Article

Tata Motors seeks members' nod to appoint Guenter Butschek as CEO and MD
Friday, 15 Jul 2016 03:50am EDT 

Tata Motors Ltd : Seeks members' nod for appointment of Guenter Butschek as the chief executive officer and managing director . Seeks members' nod for subscription of non-convertible debentures of up to 30 billion rupees .  Full Article

Tata Motors group global wholesales up 21 pct in June
Friday, 8 Jul 2016 07:55am EDT 

Tata Motors Ltd : Tata Motors Group global wholesales at 92,551 units in June 2016, up 21 percent over June 2015 .  Full Article

Indian shares end higher; Tata Motors extends gains

Aug 29 Indian shares ended higher on Monday, reversing two consecutive sessions of falls, with Tata Motors among top gainers after its unit Jaguar Land Rover reported favourable quarterly figures on Friday.