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Leadership change at Tata Motors: Shailesh Chandra named CEO; appointment effective October 1

Shailesh Chandra (Image credit: Tata Motors website) Tata Motors has named Shailesh Chandra as additional director, managing director & CEO, taking effect from October 1, 2025, with a three-year tenure. Chandra shall maintain his leadership role at Tata Passenger Electric Mobility, the firm’s EV subsidiary, following P B Balaji’s departure as Group CEO, as reported…

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Tata 1mg seeks $200 mn funding: Novo Holdings, CPPIB show interest; potential investors not agreeable to $1.25 bn valuation

Tata 1mg seeks $200 mn funding Tata 1mg, the online pharmacy arm of Tata Digital, is looking to raise $200 million in a fresh funding round, attracting interest from Novo Holdings, Canadian pension fund CPPIB, Permira, and Chrys Capital, according to sources familiar with the matter.The fundraising is part of a larger capital raise across…

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Navratri car sales hit record highs: GST 2.0 boosts affordability; Tata, Hyundai, CARS24 & more post high numbers

Tata Motors and Hyundai Motor India representative image The Indian automobile industry saw record-breaking Navratri 2025 car sales on Day 1, with Tata Motors, Hyundai Motor India, and pre-owned car platform CARS24 reporting good sales.The surge was driven by lower vehicle prices under next-generation GST 2.0 reforms which came into effect on Monday and strong…

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How Tata became Apple’s biggest Indian ‘weapon’ against China

Tata Electronics has positioned itself as Apple‘s most significant manufacturing partner in India, capitalising on the iPhone maker’s efforts to reduce dependence on Chinese production for the US market.Regulatory filings reviewed by ET reveal that Apple’s iPhone shipments to the US now represent nearly 37% of Tata Electronics’ FY25 revenue, generating over Rs 23,112 crore…

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Top 25 Nifty50 stocks: Eternal overtakes Tata Motors and Titan in market cap; nears HAL and NTPC

Eternal, formerly known as Zomato, has climbed further up the market-cap rankings, surpassing Tata Motors and Titan to reach a valuation of Rs 3.13 lakh crore. The company’s market capitalisation now stands above Tata Motors’ Rs 2.64 lakh crore and Titan’s Rs 3.12 lakh crore, putting it just short of Hindustan Aeronautics Ltd (HAL), which…

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IPO windfall: IFC set to reap 13x gains in Tata Capital listing; World Bank arm trims stake

The International Finance Corporation (IFC) is poised to book hefty returns from Tata Capital’s upcoming $2 billion (Rs 17,000 crore) initial public offering, as the World Bank Group arm looks to partially exit its investment in the non-banking finance company.According to the updated draft red herring prospectus (DRHP), IFC will offload 3.58 crore shares in…

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