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Tata Motors Ltd (TTM)

TTM on New York Consolidated

34.00USD
23 Jun 2017
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Latest Key Developments (Source: Significant Developments)

Tata Steel sells 83.54 mln shares of Tata Motors to Tata Sons
Friday, 23 Jun 2017 08:14am EDT 

June 23 (Reuters) - Tata Steel Ltd ::Sale of equity shares of Tata Motors Limited.Sold 83.54 million shares of Tata Motors to Tata Sons at 452.80 rupees per share (excluding brokerage and STT).  Full Article

Tata Motors says there are no plans to list Jaguar Land Rover
Monday, 19 Jun 2017 11:41am EDT 

June 19 (Reuters) - :Tata Motors says there are no plans to list Jaguar Land Rover, there is no truth in those rumours.  Full Article

Tata Motors appoints Girish Wagh as Head of commercial vehicle business unit
Tuesday, 13 Jun 2017 06:25am EDT 

June 13 (Reuters) - Tata Motors Ltd ::Announced appointment of Girish Wagh as 'head of Commercial Vehicle Business Unit' and a member of executive committee.Wagh will continue to oversee MHCV related scope of responsibilities.Says Girish Wagh will take charge of new responsibilities with immediate effect.  Full Article

Tata Motors says May group global wholesales figures drop 1 pct
Friday, 9 Jun 2017 08:03am EDT 

June 9 (Reuters) - Tata Motors Ltd :Says Tata Motors Group global wholesales at 86,385 units in May 2017.Says global wholesales of all passenger vehicles in May 2017 were at 58,075 units., higher by 6 percent, compared to May 2016.Says global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in May 2017 were at 28,310 units, down 13%.Says global wholesales for Jaguar Land Rover were 47,131 vehicles in May.  Full Article

Tata Motors resolves long-term wage settlement issue in Sanand
Friday, 9 Jun 2017 05:48am EDT 

June 9 (Reuters) - Tata Motors Ltd :Says Tata Motors resolves long-term wage settlement issue in Sanand.Says total wage package allotted is INR 16,000/- and will be spread across LTS term uniformly.Co also introduced a performance linked payment, which is accounted as 10% of total salary and will be linked to productivity, quality & safety.Long-term wage settlement was amicably agreed upon, has been signed today for a period of 5 years, w.e.f October 2015 to September 2020.Says annual bonus linked to performance covering all permanent workers was also agreed upon..Benefits like transport & canteen facilities, rationalization of leave rules and block closure days up to 24 days per year were agreed.  Full Article

Jaguar Land Rover overall retail sales up 1.2 pct in May
Wednesday, 7 Jun 2017 01:03am EDT 

June 7 (Reuters) - Jaguar Land Rover Automotive Plc [RIC:RIC:TAMOJL.UL]::Jaguar Land Rover says overall retail sales for Jaguar Land Rover were 45,487 in May, up 1.2 percent year-on-year.Jaguar Land Rover says Jaguar May sales were 13,613 vehicles, up 28 percent year-on-year.Jaguar Land Rover says Land Rover retailed 31,874 vehicles in May, down 7.1 percent year-on-year.  Full Article

Tata Motors names Satish Borwankar as chief operating officer
Monday, 5 Jun 2017 07:56am EDT 

June 5 (Reuters) - Tata Motors Ltd :Says Satish Borwankar has been appointed as COO of company with immediate effect.  Full Article

India's Tata Motors May total sales down 4.3 pct
Friday, 2 Jun 2017 01:25am EDT 

June 2 (Reuters) - Tata Motors Ltd ::Says May total sales of 38361 units versus 40,123 units last year.Says domestic commercial vehicles market continues to remain weak and the demand has still not picked up.Says May domestic sales of Tata commercial and passenger vehicles of 34461 units versus 35,695 units last year.Says overall commercial vehicles sales in May 2017, in the domestic market were at 23,606 nos, lower by 13% over May 2016..Says May sales from exports were 3900 units versus 4,428 units last year.In May 2017, Tata Motors passenger vehicles recorded sales at 10,855 nos. In the domestic market, a growth of 27%,.  Full Article

Jaguar Land Rover Q4 pre-tax profits up 17 pct to 676 mln pounds
Tuesday, 23 May 2017 08:24am EDT 

May 23 (Reuters) - Jaguar Land Rover: :full year retail sales were 604,009 vehicles, up 16%.q4 revenues 7.3 billion pounds, up 10 percent.in 2017-18, plans to invest over 4 billion pounds on expanding product portfolio, innovative technologies, increasing manufacturing capacity.q4 pre-tax profits 676 million pounds, up 17 percent.  Full Article

Jaguar Land Rover Q4 revenues 7.3 bln pounds, up 10 percent
Tuesday, 23 May 2017 07:58am EDT 

May 23 (Reuters) - Jaguar Land Rover::Qtrly retail sales were 604,009 vehicles, up 16 pct.Q4 revenues 7.3 billion pounds, up 10 percent.In 2017-18, plans to invest over 4 billion pounds on expanding product portfolio, innovative technologies, increasing manufacturing capacity.Q4 pre-tax profits 676 million pounds, up 17 percent.  Full Article

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Tata Steel sells stake in Tata Motors to Tata Sons for $586.3 million

Tata Steel Ltd said on Friday it sold its stake in Tata Motors Ltd to Tata Sons [TATAS.UL], the holding company of India's salt-to-software Tata conglomerate, for 37.83 billion rupees ($586.3 million).