Latest News, Updates & Breaking Headlines
JP Morgan has a neutral rating on HDFC Bank with the target price at Rs 1,090. Analysts said the bank’s chairman’s exit adds to macro headwinds and investor sentiment has been hit with expected elevated volatility in the near-term. They said two things stood out in the resignation letter. Firstly, the outgoing chairman cited the…
Kotak Institutional Equities reinstated its add rating on Aster DM with the target price at Rs 725. Analysts expect Aster DM, after its imminent merger with Quality Care (QCIL), to report robust numbers over FY26-FY28. Besides synergies, there are multiple other levers such as higher oncology mix, improved payor mix etc. to drive margin expansion….
Tamil Nadu chief minister MK Stalin during the inauguration of the Tata Motors passenger vehicles and Jaguar Land Rover (JLR) manufacturing facility, in Panapakkam, Ranipet district, Tamil Nadu. (@CMOTamilnadu/X via PTI Photo) NEW DELHI: Tata Motors Passenger Vehicles Ltd. (TMPV) and its subsidiary Jaguar Land Rover Automotive (JLR) have commenced operations at their new manufacturing…
MUMBAI: Tata Motors Passenger Vehicles (TMPV) slipped into a loss in the third quarter, hit by a cyberattack at its UK luxury arm, Jaguar Land Rover (JLR), which disrupted operations and triggered a one-time charge of Rs 1,600 crore. The company reported a consolidated loss of Rs 3,483 crore during the October-December period, compared with…
Hyundai Motor may have a union problem in South Korea. The automaker’s labour union has warned the company against deploying humanoid robots without its approval, saying the robots would bring “employment shocks”. The warning comes weeks after the company shared plans to deploy humanoid robots starting in 2028, sending the company shares rallying to record…
Tata Motors has sought targeted incentives for entry-level electric vehicles and support for electric cars used in the fleet segment under the PM E-DRIVE scheme in the upcoming Union Budget.In an interaction with news agency PTI, Tata Motors Passenger Vehicles managing director and CEO Shailesh Chandra said that while recent government interventions have helped revive…
Tata Passenger Electric Mobility (TPEM), the electric mobility arm of Tata Motors, has outlined an ambitious roadmap for its electric vehicle business, announcing plans to launch five new electric cars and build a large charging ecosystem in India by FY2030. The announcement comes at a time when the company has already crossed a major milestone…
Tata Motors has opposed proposals to exempt small petrol vehicles from the Corporate Average Fuel Efficiency (CAFE) norms, arguing that such relaxations could dilute the focus on sustainable technologies and undermine the country’s push towards electric mobility, PTI reported.In a letter to the Prime Minister’s Office, the Mumbai-based automaker said granting exemptions to petrol vehicles…
InterGlobe Aviation, the operator of IndiGo, will be included in the BSE’s 30-stock benchmark index Sensex from December 22, the BSE Index Services said on Saturday.As part of the reconstitution exercise, Tata Motors Passenger Vehicles Ltd will be dropped from the index, the announcement added, PTI reported.The changes will take effect from market open on…
General Motors seems quite upset with the ongoing geopolitical tensions disrupting its supply chain across the globe. According to a report in Reuters, America’s largest car company by markestshare General Motors (GM) GM has directed several thousand of its suppliers to scrub their supply chains of parts from China. The company’s executives have reportedly been…
