Key Developments: Tata Motors Ltd (TAMO.NS)

TAMO.NS on National Stock Exchange of India

20 Oct 2014
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Latest Key Developments (Source: Significant Developments)

Tata Motors Ltd and Microlise team up for fleet telematics in India-Business Standard
Thursday, 11 Sep 2014 

Tata Motors Ltd:And Microlise announce their partnership to bring in the latest global Fleet Telematics solutions to the Indian Market-Business Standard.The agreement, signed for an initial period of five years, envisages both partners will deliver Fleet Management services to the Indian transport industry through the Tata Fleetman platform.  Full Article

Tata Motors Ltd receives orders for over 2,700 buses-Business Standard
Tuesday, 2 Sep 2014 

Tata Motors Ltd:Has received orders for over 2,700 'urban' buses under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) - II scheme-Business Standard.The company had received an order from KSRTC (Karnataka State) to supply 487 buses and another for 780 buses from HRTC (Himachal) for Tata Marcopolo built buses as per Urban Bus Specifications under JNNURM - II scheme.  Full Article

Tata Motors Ltd announces imposed penalty by Competition Commission of India
Tuesday, 26 Aug 2014 

Tata Motors Ltd:Has received an order from the Competition Commission of India (CCI) being one of the 14 Passenger Vehicle Manufacturers.It is wherein a penalty of two pct of the average annual turn-over for the years FY 2007-2008, 2008-2009 and 2009-2010 has been imposed.The penalty levied to Tata Motors is 13.4646 bln Indian Rupees.The company would be filing an appeal against this order before the appropriate authorities.  Full Article

Tata Motors Ltd recommends dividend
Thursday, 29 May 2014 

Tata Motors Ltd:Recommends retaining the dividend at 2 Indian Rupees per Ordinary share (100 pct) and 2.10 Indian Rupees per ‘A’ Ordinary share (105 pct), both of face value of 2 Indian Rupees each for FY2013-14.  Full Article

Tata Motors launches the all-new range of Tata ULTRA trucks
Thursday, 22 May 2014 

Tata Motors Ltd:Launches new Intermediate and Light Commercial Vehicle (ILCV) range of trucks christened 'ULTRA.  Full Article

Tata Motors Ltd's subsidiary issues $300 mln senior fixed rate notes due 2021
Thursday, 8 May 2014 

Tata Motors Ltd:TML Holdings Pte. Ltd. (the issuer), a wholly owned subsidiary of Tata Motors Limited, has issued and allotted $300 mln in principal amount of 5.75 pct senior fixed rate notes due 2021 (notes).Net proceeds from the notes will be used to repurchase certain equity shares issued to Tata Motors Limited and for general corporate purposes.Australia and New Zealand Banking Group Limited, Bank of America Merrill Lynch, Citigroup and HSBC have acted as joint lead managers and joint bookrunners.  Full Article

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 hires Maruti exec to bolster passenger vehicle unit

NEW DELHI - Tata Motors Ltd, India's No. 1 automaker by revenue, has poached a top executive from rival Maruti Suzuki Ltd as it looks to strengthen its passenger vehicle business and regain market share.

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