Key Developments: Tata Motors Ltd (TAMO.NS)

TAMO.NS on National Stock Exchange of India

17 Apr 2014
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Latest Key Developments (Source: Significant Developments)

Tata Motors Ltd to bag 1000 Crore Indian Rupee contract to supply heavy duty trucks-The Economic Times
Thursday, 30 Jan 2014 

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 

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 

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 

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 

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 

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 

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

Tata Motors Ltd To Launch Light Commercial Vehicles In Australia-Business Standard
Tuesday, 23 Jul 2013 

Business Standard reported that Tata Motors Ltd announced that it is all set to launch its light commercial vehicles in Australia through an agreement with a local distributor Fusion Automotive. Under the deal that gives Fusion Automotive exclusive marketing and distribution rights within the country, it will first start with a range of commercial vehicles in the fourth quarter of 2013.  Full Article

Tata Motors Ltd's JLR Launches Jaguar F Type Sports Car-Business Standard
Monday, 8 Jul 2013 

Business Standard reported that Tata Motors Ltd's Jaguar Land Rover (JLR) launched its sports car Jaguar F TYPE priced up to INR16.1 million (ex-showroom Mumbai), while it mulls over assembling more models in India.  Full Article

Tata Motors Ltd Launches Eight Upgraded Models Of Passenger Vehicles-Business Standard
Wednesday, 19 Jun 2013 

Business Standard reported that Tata Motors Ltd launched eight upgraded models of its different passenger vehicles, including the CNG version of its entry level small car Nano. The Company has also introduced new CNG versions of the hatchback Indica and entry level sedan Indigo along with refreshed versions of the two models in diesel options. Also, the Company introduced refreshed models of its sports utility vehicle Safari Storme and utility vehicle Sumo Gold  Full Article

Profit taking weighs on Indian shares after record highs

* BSE index touches life-high of 22,792.49 * NSE touches record 6,819.05 * Tata Motors hits record high; Citi raises target * Adani Enterprises' biggest single-day percentage gain * State insurer LIC seen selling banks, IT shares -dealers By Abhishek Vishnoi MUMBAI, April 10 - Indian shares retreated from record highs hit earlier in the session to end flat as profit-taking hit blue chips such as Infosys Ltd on caution ahead of the release of quarterly earnings

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