Articles by "Tata Motors"
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Hello Jammu News at 12:05:00 PM 0
Tata Motors Thursday said it will hike prices of its passenger vehicles across models by up to Rs 40,000 from January 1, 2019, to offset the impact of rising input costs and increase in fuel prices. The company's passenger vehicles portfolio ranges from entry-level small car Nano to the premium SUV Hexa, which are currently priced between Rs 2.36 lakh and Rs 17.97 lakh (ex-showroom Delhi).



New Delhi, Dec 13 (PTI) Tata Motors Thursday said it will hike prices of its passenger vehicles across models by up to Rs 40,000 from January 1, 2019, to offset the impact of rising input costs and increase in fuel prices.

The company's passenger vehicles portfolio ranges from entry-level small car Nano to the premium SUV Hexa, which are currently priced between Rs 2.36 lakh and Rs 17.97 lakh (ex-showroom Delhi). 

The company will launch its new premium SUV Harrier in January.

"The changing market conditions, rising input costs and various external economic factors have compelled us to consider this price increase," Tata Motors President of Passenger Vehicles Business Unit Mayank Pareek said in a statement.

The company would be increasing prices of its entire passenger vehicles range by up to Rs 40,000 (depending on the model and city), starting January 1, 2019, the statement added. 

Tata Motors joins other companies such as Maruti Suzuki, Toyota Kirloskar, BMW and Isuzu, which have also said they would increase prices of their vehicles from January, citing impact of increase in commodity prices and foreign exchange rates. 

Pareek said despite the price hike, Tata Motors is "optimistic on maintaining our growth trajectory in the coming year on the back of our robust portfolio".

"Early 2019 will also mark the entrance of our most awaited SUV the Harrier," he said.
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Hello Jammu News at 1:05:00 PM 0

Mumbai, Aug 2: The BSE Sensex dropped over 200 points to 37,373.08 today on heavy selling in metal, auto, banking, capital and realty stocks amid sustained capital outflows by foreign funds after the RBI yesterday hiked repo rate for the second time in two months.

The repo rate, at which the central bank lends to other banks, now stands at 6.5 per cent.

Moreover, fall in Asian stocks on renewed US-China trade war concerns influenced the sentiment here, brokers said.

The 30-share index dropped 248.42 points, or 0.66 per cent, to 37,273.20. The gauge had lost 84.96 points in yesterday's session.

Similarly, the NSE Nifty fell 72.80 points, or 0.64 per cent to 11,273.40.

Sectoral indices led by metal, auto, banking, capital goods and realty, falling up to 1.30 per cent.

Major losers were Vedanta, Tata Steel, Yes Bank, Tata Motors, Maruti Suzuki, Hero Motocorp, M&M, HDFC, RIL, Bajaj Auto, Bharti Airtel, SBI, Kotak Bank, ICICI Bank, Adani Ports, NTPC, Axis Bank and HDFC Bank, losing up to 2.64 per cent.

Meanwhile, Sun Pharma, PowerGrid, Coal India, HUL, IndusInd Bank, ONGC and Infosys rose up to 1.42 per cent.

On a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 95.94 crore yesterday and domestic institutional investors (DIIs) sold shares worth Rs 562.33 crore, provisional data showed.

Elsewhere in Asia, Japan's Nikkei fell 0.36 per cent and Hong Kong's Hang Seng shed 0.54 per cent in early trade. China's Shanghai Composite index too was down 0.33 per cent.

US stocks closed mostly lower yesterday after the Federal Reserve left interest rates unchanged but signalled another imminent rate increase. Fresh worries over US-China trade friction too dampened sentiment.

The Dow Jones Industrial Average ended 0.32 per cent lower in yesterday's trade. (PTI)
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Hello Jammu News at 12:20:00 PM 0

Mumbai, Jul 25: The benchmark Sensex turned volatile after hitting a new high of 36,928.06 in early session as investors turned cautious ahead of July futures and options (F&O) expiry amid mixed quarterly earnings.

The 30-share index rose by 102.97 (rpt) 102.97 points, or 0.27 per cent, to hit a new high of 36,928.06, bettering its previous intra-day record of 36,902.06 hit yesterday.

However, the index soon turned choppy and was trading 16.05 points, or 0.04 per cent, higher at 36,841.15 at 0940 hrs.

The gauge had rallied 473.87 points in the previous three sessions.

The 50-share NSE Nifty too turned cautious and was trading 4.40 points, or 0.04 per cent, lower at 11,129.90.

Sentiment remained cautious ahead of July series F&O expiry scheduled tomorrow amid mixed quarterly earnings, brokers said.

Prominent gainers were Vedanta, Hero MotoCorp, Tata Steel, Adani Ports, ONGC, Sn Pharma, SBI, Bajaj Auto, Tata Motors, HDFC, Wipro, L&T and PowerGrid, rising up to 1.92 per cent.

Top losers include Bharti Airtel, Asian Paints, NTPC, Coal India, Maruti and TCS falling up to 2 per cent.

Meanwhile, on a net basis, foreign funds bought shares worth Rs 104.34 crore, while domestic institutional investors made purchases worth Rs 513.78 crore yesterday, provisional data showed.

Elsewhere in Asia, Shanghai Composite Index rose 0.09 per cent, Hong Kong's Hang Seng was up 0.85 per cent, while Japan's Nikkei gained 0.54 per cent in early deals.

The US Dow Jones Industrial Average ended 0.79 per cent yesterday. (PTI)
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Hello Jammu News at 1:01:00 PM 0

Mumbai, Jul 13: The BSE Sensex hit a fresh record high of 36,740.07 points in opening session today driven by smart gains in Infosys, Coal India and Wipro, despite weak macroeconomic data released yesterday.

In addition, firm Asian cues and a strengthening rupee against the dollar supported the rally.

Rising for the sixth day, the 30-share index spurted 191.66 points, or 0.52 per cent, to hit a new peak of 36,740.07.

The gauge gained 973.86 points in previous five sessions to close at a record high at 36,548.41 in yesterday.

Sectoral indices, led by IT, metal, teck, oil & gas and consumer durables were trading in the positive zone with up to one per cent gains.

The 50-share NSE Nifty rose 48.15 points, or 0.43 per cent, to 11,071.35.

Shares of Infosys gained over 1.42 per cent ahead of first quarter results, scheduled to be released later in the day.

Among other gainers, Wipro, Coal India, L&T, RIL, Maruti Suzuki, Kotak Bank, TCS, Adani Ports, HDFC Bank, M&M, Tata Motors, IndusInd Bank, Tata Steel and Asian Paints rose up to 3.20 per cent.

Public sector bank stocks, however, took a beating after weak Index of Industrial Production (IIP) and inflation data.

Bank of Baroda, Punjab National Bank, State Bank of India, Federal Bank were to top losers in the BSE Bankex, falling up to 4 per cent.

According to two sets of official data released yesterday, retail inflation spiked to a five-month high of 5 per cent in June on costlier fuel, despite easing food prices, reducing the possibility of an interest rate cut by the Reserve Bank in its upcoming monetary policy review.

Industrial production slipped to a seven-month low of 3.2 per cent in May due to sluggish performance of manufacturing and power sectors, while retail inflation continued to remain firm in June on costlier fuel.

Continuous buying by domestic institutional investors (DIIs), amid optimism over Q1 earnings and firming trend in other Asian markets following positive leads from Wall Street, buoyed market sentiment here, traders said.

DIIs bought shares worth a net of Rs 366.40 crore, while foreign portfolio investors (FPIs) sold shares worth a net of Rs 742.63 crore yesterday, provisional exchange data showed.

Asian stocks rose as China refrained from detailing retaliation plans against threatened US tariff increases.

Hong Kong's Hang Seng gained 0.58 per cent, Japan's Nikkei too edged higher 1.47 per cent, while Shanghai Composite Index shed 0.17 per cent in early deals.

The US Dow Jones Industrial Average closed 0.91 per cent higher yesterday. (PTI)
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Hello Jammu News at 2:28:00 PM 0

Mumbai, Jul 2: The BSE Sensex fell 159 points after opening 122 points higher today, following selling pressure on select counters amid sustained capital outflows by foreign funds.

However, auto and IT stocks, led by Bajaj Auto, Tata Motors, Infosys and TCS, were trading higher up to 0.96 per cent.

Asian stocks were trading lower, as trade tensions between the US and its trading partners still continues to be a key concern for investors.

The 30-share index dropped 158.93 points or 0.44 per cent to 35,264.55. The gauge had gained 385.84 points in the previous session.

Similarly, the NSE Nifty fell below 10,700-mark by slipping 51.75 points or 0.48 per cent to 10,662.55.

Sectoral indices led by power, FMCG, PSU, infrastructure, capital goods and banking stocks were trading in the negative zone, falling up to 1.07 per cent.

Major losers were NTPC, Vedanta, L&T, Coal India, ITC, ONGC, Axis Bank, RIL, Bharti Airtel, ICICI Bank, HUL, Wipro, HDFC Bank and Power Grid, falling up to 3.29 per cent.

Brokers said sentiment remained weak in the absence of any positive trigger amid sustained capital outflows.

Foreign portfolio investors (FPIs) sold shares worth Rs 157.15 crore, while domestic institutional investors (DIIs) bought shares worth Rs 2,262.83 crore on Friday, as per provisional data.

In the Asian region, Japan's Nikkei fell 0.48 per cent and China's Shanghai Composite index was down 1.13 per cent, following data showing a drop in Chinese factory activity and the expected imposition of US tariffs later this week, while Hong Kong's Hang Seng markets are closed for a public holiday.

Dow Jones Industrial Average ended 0.23 per cent higher in Friday's trade. (PTI)
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Hello Jammu News at 1:55:00 PM 0



Mumbai, Apr 5: The benchmark index of Bombay Stock Exchange (BSE) bounced back on Thursday on receding fears of a US-China trade war as the sensex jumped by 433.19 points to 33,452.26 points in early trade ahead of RBI Monetary policy today.
The Nifty of National Stocks Exchange (NSE) rose by 138 points to 10,266.40.
The sectoral indices like Energy, FMCG, IT, Utilities, Metal, Realty and Technology pushed the market firm. 
The sensex registered intra day high and low at 33,499.32 and 33,267.86 respectively.
The Nifty recorded intra day high and low at 10,286.25 and 10,227.45 respectively. 
The gainers were Tata Motors DVR by 3.57 pc to Rs 206, Tata Motors by 3.35 pc to Rs 367.60, Tata Steel by 3.07 pc to Rs 577.65 and ICICI Bank by 2.81 pc to Rs 276.
The losers were ITC by 0.19 pc to Rs 258.15. UNI
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Hello Jammu News at 11:47:00 AM 0



Mumbai, Mar 7: The BSE sensex remained negative for the sixth straight session on Wednesday, as it dropped by 96.60 poitns to 33,220.60 as selling pressure was seen in almost all sectoral indices.
Even, the Nifty of National Stocks Exchange (NSE) too declined by 39.50 points to 10,209.55.
The sensex registered intra day high and low at 33,331.21 and 33,172.25 respectvely.
The Nifty recorded intra day high and low at 10,243.35 and 10,193.65 respectively. 
Barring IT and FMCG all other sectoral indices were in red in opening trade.
Selling in scrips like SBIN, ICICI Bank, M & M, Adani Ports and ONGC kept the market down for the sixth day today.
The losers were SBIN by 2.48 pc to Rs 250.15, ICICI Bank by 1.90 pc to rs 289.50, M & M by 1.75 pc to Rs 707.75, Adfani Ports by 1.71 pc to rs 396.90 and ONGC by 1.35 pc to Rs 182.75.
The gainers were Tata Motors by 2.09 pc to Rs 353.85, ITC by 1.35 pc to rs 259.95, Dr Reddy's Lab by 1.05 pc to Rs 197.35. UNI
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Hello Jammu News at 12:09:00 PM 0


Mumbai, Feb 6: The benchmark index of Bombay Stock Exchange (BSE) slumped by 1275 points to 33,482 point 81 in early trade on Tuesday as heavy selling was witnesssed across-the-board after investor
sentiment was hit by a sell-off in world markets.
Budget effect was seen for the sixth straight session today.
The Nifty of National Stock Exchange (NSE) too fell by 314.45 points to 10,355.10.
The sensex registered intra day high and low at 34,941.34 and 34,482.81 respectively.
The Nifty recorded intra day high and low at 10,423.70 and 10,276.30 respectively.
All sectoral indices led by realty, consumer durables, metal and banking tradings in the negative zone.
Seeing the scrips, Tata Motors, Axis Bank, Yes Bank and ICICI Bank too dragged the market.
The losers were Tata Motors by 5.73 pc to Rs 373.35, Tata Motors DVR by 5.16 pc to Rs 207.50, Axis Bank by 4.52 pc to Rs 540.50, Yes Bank by 4.24 pc to Rs 329.50 and ICICI Bank by 3.90 pc to Rs 318.70. UNI
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Hello Jammu News at 1:49:00 PM 0



Mumbai, Jan 17: The bencmark index of Bombay Stock Exchange (BSE) recovered by 133.62 points to 34,904.67 on fresh buying in IT, Finance, Bankex and Capital Goods stocks.
The Nifty of National Stocks Exchange (NSE) rose by 28.95 points to 10,729.40.
The sensex registered intra day high and low at 34,930.80 and 34,700.82 respectvely.
The Nifty recorded intra day high and low at 10,741.40 and 10,666.75 respectively. 
Meanwhile, the sensex opened at 34,753.80 easing by 18 point.
The sectoral indices that pushed the equity market up were IT, Finance, Bankex and Capital Goods stocks.
The gainers were Infosys by 2.77 pc to Rs 1153.95, Axis Bank by 2.32 pc to Rs 571.70, TCS by 2.04 pc to Rs 2909 and Adani Ports by 1.83 pc to Rs 430.50.
The losers were Tata Motors by 1.78 pc to Rs 414.30, Wipro by 1.30 pc to Rs 327.60 and Hero MotoCorp by 1.22 pc to Rs 3551 and Tata Motors DVR by 1.01 pc to rs 241.10. UNI
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Hello Jammu News at 6:05:00 PM 0


New Delhi, Jan 10: Leading vehicles maker Tata Motors Group on Wednesday posted a rise of 23 per cent in its global wholesales at 116,677 units in December 2017 in comparison to same month previous year wholesales. 
Global wholesales of all commercial vehicles and Tata Daewoo range in December 2017 stood at 47,182 units, registering a growth of 53 per cent over December 2016, the company said in a statement.
Similarly, the global sales of all passenger vehicles rose by eight per cent to 69,495 units in December 2017 compared to December 2016.
The sales of Jaguar Land Rover stood at 55,066 vehicles, out of which 16,826 units were of Jaguar and 38,240 units were of Land Rover. UNI
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Hello Jammu News at 12:31:00 PM 0


Mumbai, Jan 9: The benchmark index of Bombay Stock Exchange (BSE) on Tuesday touched a fresh all-time high at 34,422.95 up by 70.16 points tracking positive global cues.
The Nifty of National Stocks Exchange (NSE) rose by 10.20 points to 10,633.80.
The sensex registered intra day high and low at 34,487.52 and 34,343.41 respectvely.
The Nifty recorded intra day high and low at 10,659.15 and 10,607.90 respectively. 
Except IT and Health Care, all other sectoral indices were in green.
The gainers were Coal India by 5.45 pc to Rs 303.55, Tata Motors DVR by 1.90 pc to Rs 259.50, Tata Motors by 1.78 pc to Rs 441.40 and Reliance Industries by 1.23 pc to Rs 337.50.

The losers were ICICI Bank by 0.81 pc to Rs 311.60, Wipro by 0.80 pc to Rs 308.55, Hero MotoCorp by 0.71 pc to Rs 3763.30 and Bajaj Auto by 0.63 pc to Rs 3254.85. UNI
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Hello Jammu News at 4:06:00 PM 0


Mumbai, Dec 5: To celebrate the end of the year, Tata Motors has launched its ‘Mega Offer Max Celebration campaign’. As a part of this campaign, customers will get a once-in-lifetime opportunity to drive home a Tata car at a down payment of Rs 1 and enjoy savings of upto 1 lakh, depending on the model and variant.
Tata Motors has tied up with leading financiers and banks to offer upto 100% funding through attractive finance schemes on the passenger vehicles. This will be a great opportunity for customers to exchange their cars and enjoy the benefit of huge savings.
While the ex-showroom price of Hexa has been reduced by Rs 78,000, Tiago will cost Rs 26,000 less. Tigor has seen a price reduction of Rs 32,000, while Zest will cost RS 68,000 lesser. The company has announced a discount of RS 1 lakh on Tata Safari.
Tata Motors has also tied up with financiers and banks to offer up to 100 percent funding through finance schemes on the passenger vehicles.
Vivek Srivatsa, Head-Marketing, Passenger Vehicle Business, Tata Motors, said, 'Tata Motors continuously strives to understand customer needs and offers them a delightful experience. The customers gave an extremely encouraging response to all our cars during this festive season. We want to enhance this positive
sentiment further through the end of the year Mega Offer Max Celebration campaign. This December, our customers can drive home a Tata Car at a down payment of Rs 1 through our attractive finance offers. At the same time they will enjoy huge savings on our cars upto Rs 1 lakh (depending on the variant) through our insurance scheme at Rs 1 and exchange bonus.' UNI
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