Tata Motors plans to double the revenue from its defence business over the next three years to $600 million, betting on the government's push for more local defence manufacturing, a top company official said.
India's Tata Motors reported a surprise drop in quarterly net profit yesterday, hit by slowing sales at its British luxury subsidiary and higher taxes.
Consolidated net profit slipped to Rs32.91 billion ($533.82 million) in th
Abu Dhabi Islamic Bank (ADIB) has launched a new capital-protected note for investment in global car manufacturers including Toyota, Hyundai, KIA, BMW and Tata Motors.
The Emirati bank's move comes following the huge success a
Karl Slym, managing director of India's Tata Motors, died after falling from a hotel room in Bangkok in what police said on Monday could be possible suicide.
Slym, 51, had attended a board meeting of Tata's Thailand unit i
British carmaker Jaguar plans to boost its presence and visibility in Bahrain in the next few years through a major campaign that will not only promote the brand as an affordable luxury car but also its heritage.
Tata Motors is examining the possibility of building a plant in Saudi Arabia to assemble Jaguar Land Rover cars next to a new aluminium smelter, the Indian manufacturer's chairman said in a magazine interview.
Saudi Arabia, th
India's Tata Motors on Thursday reported a consolidated net profit of 92.74 billion rupees ($2.05 billion) for the year ended March, compared with 25.71 billion rupees a year ago.
It also reported higher sales in its home market and improv
Jaguar Land Rover, the premium, luxury automotive business owned by Tata Motors of India, has become the first automotive manufacturer in the Mena region to create a dedicated social media 'suite.'
Jaguar Land Rover will create a r
India-based Tata Motors said surging sales at its luxury Jaguar and Land Rover (JLR) unit helped quadruple fourth-quarter profit to 24.24 billion Indian rupees ($530 million), compared with 6.5 billion rupees a year earlier.
The company sa
India's Tata Motors, the fourth largest manufacturer of medium to heavy commercial vehicles in the world, is set to launch its new range of vehicles at the upcoming Commercial Vehicles Middle East expo (CVME) in Dubai.
The CVME w