News

TCS inks $1 bn deal with Jaguar to build future-ready digital services Software major Tata Consultancy Services (TCS) on Wednesday announced that it has inked a nearly $1 billion (800 million pounds) deal with the Jaguar Land Rover (JLR) to transform, simplify, and help manage its digital estate and build a new future-ready, strategic technology architecture. TCS will use its contextual knowledge, deep domain expertise, proprietary platforms, vast partner ecosystem, and future-ready talent pool to assist JLR in improving its digital capacity, transforming, si...
TCS inks $1 bn deal with Jaguar to build future-ready digital services
TCS inks $1 bn deal with Jaguar to build future-ready digital services
Source: IANS
7/09/2023 10:33:00 AM
India's Tata chooses UK for $5 billion Jaguar Land Rover gigafactory India's Tata Group will build an electric vehicle battery plant in Britain to supply its Jaguar Land Rover factories, delivering a major boost for a UK car industry in need of domestic battery production to help secure its future. The announcement marks Britain's biggest move in the car gigafactory space as it seeks to keep up with the United States and European Union in the race to develop green industries. Tata said on Wednesday it would build its first gigafactory outside of ...
India's Tata chooses UK for $5 billion Jaguar Land Rover gigafactory
India's Tata chooses UK for $5 billion Jaguar Land Rover gigafactory
Source: Reuters
19/07/2023 7:33:42 PM
Jaguar Land Rover expects Q1 free cash flow of about $500 million  Jaguar Land Rover expects free cash flow of over 400 million pounds ($509.84 million) for the first quarter, after reporting a 30% rise in wholesale volumes as chip and other supply constraints eased, the luxury carmaker owned by India's Tata Motors said on Friday.
Jaguar Land Rover expects Q1 free cash flow of about $500 million
Jaguar Land Rover expects Q1 free cash flow of about $500 million
Source: Reuters
7/07/2023 3:58:35 PM
TCS rises on entering into partnership with Jaguar Land Rover Tata Consultancy Services is currently trading at Rs. 3320.65, up by 22.70 points or 0.69% from its previous closing of Rs. 3297.95 on the BSE. The scrip opened at Rs. 3308.00 and has touched a high and low of Rs. 3328.95 and Rs. 3294.20 respectively. So far 15081 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3575.00 on 16-Feb-2023 and a 52 week low of Rs. 2926.00 on 26-Sep-2022. Last one week high and low of ...
TCS rises on entering into partnership with Jaguar Land Rover
TCS rises on entering into partnership with Jaguar Land Rover
Source: Accord Fintech
23/05/2023 11:21:10 AM
India`s carmakers back zero duty on limited British imports under trade deal Indian carmakers have agreed to eliminate import tax on a limited number of vehicles in a trade deal with Britain "if the need arises", according to a document seen by Reuters, offering better access to the world's third-largest automobile market. India currently levies 60% and 100% tax on car imports which will be reduced in a phased manner to 10% by year five but only for a maximum of 46,200 vehicles, according to a proposal made by the country's leading auto lobby grou...
India`s carmakers back zero duty on limited British imports under trade deal
India`s carmakers back zero duty on limited British imports under trade deal
Source: Reuters
15/05/2023 3:02:03 PM
Tata Motors expects JLR'`s cash flow to quadruple, sets dividend after 7 years India's Tata Motors Ltd expects its luxury car group, Jaguar Land Rover's (JLR) free cash flow to nearly quadruple to top $2.50 billion this fiscal, and the automaker also declared its first dividend in nearly seven years. The automaker, India's No.1 by revenue, also posted a record high quarterly revenue and its second straight quarterly profit, helped by price hikes and strong demand for JLR cars as well as for its commercial trucks. The profit of 54.08 billion rupees (abo...
Tata Motors expects JLR'`s cash flow to quadruple, sets dividend after 7 years
Tata Motors expects JLR'`s cash flow to quadruple, sets dividend after 7 years
Source: Reuters
12/05/2023 5:55:17 PM
India`s Tata Motors jumps to a 7-month high on strong Q4 JLR sales  Shares of Indian automaker Tata Motors Ltd rose as much as 8.15% to a seven-month high on Monday after its luxury car unit Jaguar Land Rover (JLR) reported strong fourth-quarter sales and forecast free cash flow of about $1 billion. Tata Motors's shares were the top gainer on India's bluechip Nifty 50 index, which was up 0.33%, and pushed the auto index up 1.16%. JLR, on Thursday, reported a 24% jump in its wholesale volumes, excluding from China, in the January-March quar...
India`s Tata Motors jumps to a 7-month high on strong Q4 JLR sales
India`s Tata Motors jumps to a 7-month high on strong Q4 JLR sales
Source: Reuters
10/04/2023 1:47:24 PM
Jaguar Land Rover posts Q4 free cash flow about $1 billion Jaguar Land Rover expects free cash flow of over 800 million pounds (about $1 billion) for the fourth quarter, boosted by a 24% rise in wholesale volumes as chip and other supply constraints eased, the luxury carmaker owned by India's Tata Motors said on Thursday. Tata Motors, which acquired the British car maker in 2008, had set a target of 1 billion pounds of free cash flow for the fiscal year. JLR said wholesale volumes, excluding its China joint venture, rose 24% year on year, w...
Jaguar Land Rover posts Q4 free cash flow about $1 billion
Jaguar Land Rover posts Q4 free cash flow about $1 billion
Source: Reuters
6/04/2023 7:44:11 PM
Tata Motors trades higher on unveiling new league of DARK products Tata Motors is currently trading at Rs. 432.55, up by 3.05 points or 0.71% from its previous closing of Rs. 429.50 on the BSE. The scrip opened at Rs. 427.20 and has touched a high and low of Rs. 434.50 and Rs. 427.10 respectively. So far 271674 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 494.50 on 17-Aug-2022 and a 52 week low of Rs. 366.05 on 12-May-2022. Last one week high and low of the scrip stood at Rs...
Tata Motors trades higher on unveiling new league of DARK products
Tata Motors trades higher on unveiling new league of DARK products
Source: Accord Fintech
23/02/2023 12:01:18 PM
Tata's Air India to seal half of jumbo plane order Air India will on Friday seal half of an order for some 495 jets with Boeing and engine suppliers General Electric and CFM International, industry sources said, as its new owner seeks to revive the airline and compete with larger rivals. After months of closely guarded, tough negotiations, Air India is set to place an order for 190 Boeing 737 MAX narrowbody planes as well as some 20 Boeing 787s and 10 Boeing 777X on a day marking one year since Tata Group took control of the former state-r...
Tata's Air India to seal half of jumbo plane order
Tata's Air India to seal half of jumbo plane order
Source: Reuters
27/01/2023 10:19:22 AM
Jaguar Land Rover sees Q3 free cash flow above $485 million BENGALURU-Jaguar Land Rover (JLR) on Monday forecast free cash flow for the third quarter at more than 400 million pounds ($485 million), after reporting a 15% rise in wholesale volumes for the period on strong demand and improved chip supply. The British automaker, in its earnings statement for the second quarter, had forecast a positive cash flow for the second half of fiscal year 2023 and "near breakeven" for the full year. Tata Motors, which acquired JLR in 2008, had earli...
Jaguar Land Rover sees Q3 free cash flow above $485 million
Jaguar Land Rover sees Q3 free cash flow above $485 million
Source: Reuters
21/01/2023 12:02:52 PM
Jaguar Land Rover sees Q3 free cash flow above $485 million BENGALURU -Jaguar Land Rover (JLR) on Monday forecast free cash flow for the third quarter at more than 400 million pounds ($485 million), after reporting a 15% rise in wholesale volumes for the period on strong demand and improved chip supply. The British automaker, in its earnings statement for the second quarter, had forecast a positive cash flow for the second half of fiscal year 2023 and "near breakeven" for the full year. Tata Motors, which acquired JLR in 2008, had...
Jaguar Land Rover sees Q3 free cash flow above $485 million
Jaguar Land Rover sees Q3 free cash flow above $485 million
Source: Reuters
10/01/2023 10:06:27 AM
Tata Motors rises on reporting 10% rise in total domestic sales in December Tata Motors is currently trading at Rs. 393.90, up by 5.80 points or 1.49% from its previous closing of Rs. 388.10 on the BSE. The scrip opened at Rs. 392.00 and has touched a high and low of Rs. 394.30 and Rs. 390.75 respectively. So far 41128 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 528.35 on 18-Jan-2022 and a 52 week low of Rs. 366.05 on 12-May-2022. Last one week high and low of the scrip stood at Rs....
Tata Motors rises on reporting 10% rise in total domestic sales in December
Tata Motors rises on reporting 10% rise in total domestic sales in December
Source: Accord Fintech
2/01/2023 10:11:23 AM
Tata Motors' JLR says CEO Bollore to resign Tata Motors-owned luxury carmaker Jaguar Land Rover said on Wednesday Chief Executive Officer Thierry Bollore would resign due to personal reasons after more than two years in the role. Adrian Mardell will take over as CEO on an interim basis, JLR said. A 32-year JLR veteran, Mardell is currently a member of the company's executive board. JLR hired former Renault boss Bollore as CEO in 2020, mandating him with the task of returning Britain's biggest carmaker to profit after it t...
Tata Motors' JLR says CEO Bollore to resign
Tata Motors' JLR says CEO Bollore to resign
Source: Reuters
16/11/2022 8:32:49 PM
India`s Tata Motors to delist American Depositary Shares from January Indian automaker Tata Motors said on Wednesday it plans to delist its American Depositary Shares (ADS) from January, roughly around 18 years since they first started trading. Due to a considerable increase in liquidity and foreign shareholder participation in India's stock markets and a consistent drop in the number of ADSs as a percentage of its outstanding ordinary shares, the rationale for ADS listing in the U.S. has significantly diminished, Tata Motors said. The owner of Jaguar...
India`s Tata Motors to delist American Depositary Shares from January
India`s Tata Motors to delist American Depositary Shares from January
Source: Reuters
9/11/2022 5:03:55 PM
Tata Motors closes Q2 with Rs 898.35 cr loss Automobile major Tata Motors Ltd closed Q2FY23 with a consolidated net loss of Rs 898.35 crore. The company said for Q2FY23, it had earned an operational revenue of Rs 78,846.92 crore (last year Q2 Rs 60,435.92 crore) and a net loss of Rs 898.35 crore (Rs 4,415.54 crore). According to Tata Motors, the commercial vehicles (CV) business registered a 15 per cent growth in sales over Q2 FY22. For India business, domestic wholesales were at 93,651 vehicles (19 per cent yoy). However, expo...
Tata Motors closes Q2 with Rs 898.35 cr loss
Tata Motors closes Q2 with Rs 898.35 cr loss
Source: Reuters
9/11/2022 4:15:00 PM
Tata Motors moves up on reporting 15.49% rise in total sales in October Tata Motors is currently trading at Rs. 424.35, up by 2.85 points or 0.68% from its previous closing of Rs. 412.60 on the BSE. The scrip opened at Rs. 421.50 and has touched a high and low of Rs. 425.00 and Rs. 421.50 respectively. So far 44758 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 536.50 on 17-Nov-2021 and a 52 week low of Rs. 366.05 on 12-May-2022. Last one week high and low of the scrip stood at Rs....
Tata Motors moves up on reporting 15.49% rise in total sales in October
Tata Motors moves up on reporting 15.49% rise in total sales in October
Source: Accord Fintech
2/11/2022 10:02:25 AM
Tata Motors moves up on bagging order for delivering 2000 XPRES T EVs to Evera Tata Motors is currently trading at Rs. 400.20, up by 2.15 points or 0.54% from its previous closing of Rs. 398.05 on the BSE. The scrip opened at Rs. 397.10 and has touched a high and low of Rs. 401.70 and Rs. 396.95 respectively. So far 91115 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 536.50 on 17-Nov-2021 and a 52 week low of Rs. 366.05 on 12-May-2022. Last one week high and low of the scrip stood at Rs....
Tata Motors moves up on bagging order for delivering 2000 XPRES T EVs to Evera
Tata Motors moves up on bagging order for delivering 2000 XPRES T EVs to Evera
Source: Accord Fintech
21/10/2022 10:55:47 AM
Tata Motors gains as its arm inks pact to acquire Ford India’s manufacturing plant in Gujarat Tata Motors is currently trading at Rs. 468.90, up by 3.50 points or 0.75% from its previous closing of Rs. 465.40 on the BSE. The scrip opened at Rs. 466.00 and has touched a high and low of Rs. 471.50 and Rs. 466.00 respectively. So far 53121 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 536.50 on 17-Nov-2021 and a 52 week low of Rs. 268.50 on 24-Aug-2021. Last one week high and low of the scrip stood at Rs....
Tata Motors gains as its arm inks pact to acquire Ford India’s manufacturing plant in Gujarat
Tata Motors gains as its arm inks pact to acquire Ford India’s manufacturing plant in Gujarat
Source: Reuters
8/08/2022 9:08:10 AM
Jaguar Land Rover names Bergmeier as industrial operations chief  British carmaker Jaguar Land Rover (JLR) said on Friday it had hired former BMW executive Barbara Bergmeier for a newly-created role overseeing supply chains and industrial operations, at a time when the industry faces persistent supply shortages. Bergmeier will become executive director of industrial operations, a new division at JLR merging responsibilities across its manufacturing, purchasing and supply chain teams, the company said in a statement. "This change consolidate...
Jaguar Land Rover names Bergmeier as industrial operations chief
Jaguar Land Rover names Bergmeier as industrial operations chief
Source: Reuters
1/07/2022 5:06:55 PM
JLR owner Tata Motors posts smaller March-quarter loss BENGALURU - Jaguar Land Rover (JLR) owner Tata Motors Ltd reported a smaller loss for the fourth quarter on Thursday, benefiting from strong demand for the automaker's vehicles. Consolidated net loss was 10.33 billion rupees ($133 million) for the quarter ended March 31, compared with 76.05 billion rupees a year earlier, when semiconductor shortages and supply chain disruptions hurt sales.
JLR owner Tata Motors posts smaller March-quarter loss
JLR owner Tata Motors posts smaller March-quarter loss
Source: Reuters
12/05/2022 4:37:05 PM
JLR owner Tata Motors posts quarterly loss, warns of higher costs BENGALURU - Jaguar Land Rover (JLR) owner Tata Motors Ltd reported a quarterly loss on Monday that was bigger than expected and warned of rising inflationary costs. Automakers worldwide have been roiled by chip shortages, supply chain disruptions, COVID-19 restrictions and rising raw material prices after a short-lived recovery towards the end of 2020. "Demand remains strong despite near term concerns ... the semiconductor supply situation is improving gradually whilst inflation wo...
JLR owner Tata Motors posts quarterly loss, warns of higher costs
JLR owner Tata Motors posts quarterly loss, warns of higher costs
Source: Reuters
31/01/2022 5:00:05 PM
Key News - Tata Consultancy Services, SJVN Ltd, Gail India Ltd, Jaguar Land Rover, Dabur India Ltd By ARETE Securities Key News TCS Partners With Celcom For Large-Scale Digital Transformation Tata Consultancy Services, a leading global IT services, consulting and business solutions organisation, is expanding its partnership with Celcom Axiata Berhad (Celcom), a leading telecommunications provider in Malaysia, to transform the latter’s core business support systems (BSS) using TCS HOBS™ and TCS TwinX™ hosted on Microsoft Azure. With the new core platforms transformation project, TCS wil...
Key News - Tata Consultancy Services, SJVN Ltd, Gail India Ltd, Jaguar Land Rover, Dabur India Ltd By ARETE Securities
Key News - Tata Consultancy Services, SJVN Ltd, Gail India Ltd, Jaguar Land Rover, Dabur India Ltd By ARETE Securities
Source: ARETE Securities Ltd
8/11/2021 9:50:36 AM
Tata Motors Group's YoY Q2FY22 global wholesales up 24% Tata Motors Group on Monday reported a year-on-year rise of 24 per cent in its global wholesales, including the Jaguar Land Rover, during Q2FY22. The group's wholesales rose to 251,689 units in Q2FY22 on a YoY basis. "Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in Q2FY22 were at 89,055, higher by 57 per cent over Q2FY21," Tata Motors said in a statement. "Global wholesales of all passenger vehicles in Q2FY22 were at 162,634 u...
Tata Motors Group's YoY Q2FY22 global wholesales up 24%
Tata Motors Group's YoY Q2FY22 global wholesales up 24%
Source: IANS
12/10/2021 9:14:45 AM
JLR parent Tata Motors' shares rev up to near 4-year high on Morgan Stanley upgrade BENGALURU -Shares of India's Tata Motors surged to their highest levels in nearly four years on Thursday after Morgan Stanley Research upgraded the stock on expectations of encouraging annual earnings from the Jaguar Land Rover parent. The brokerage increased its rating on Tata Motors to "overweight" from "equal-weight", which it had maintained since 2017, saying it expected the automaker's India business to post a full-year profit after eight years of loss...
JLR parent Tata Motors' shares rev up to near 4-year high on Morgan Stanley upgrade
JLR parent Tata Motors' shares rev up to near 4-year high on Morgan Stanley upgrade
Source: Reuters
7/10/2021 4:12:00 PM
Key News - Jaguar Land Rover Ltd, National Company Law Appellate Tribunal, Tata Steel Ltd, Tata Consultancy Services Ltd, Godrej Consumer Products Ltd by ARETE Securities Key News JLR reports 68% increase in retail sales in June qtr at 1,24,537 units Tata Motor's owned Jaguar Land Rover (JLR) on Tuesday reported a 68 per cent increase in retail sales for the first quarter ended June 30 at 1,24,537 units as compared with the same period of the previous fiscal, reflecting the continuing recovery in demand from the COVID 19 pandemic. The company had retailed 74,067 units in the April-June quarter of 2020-21. However, wholesales, in particular, were lowe...
Key News - Jaguar Land Rover Ltd, National Company Law Appellate Tribunal, Tata Steel Ltd, Tata Consultancy Services Ltd, Godrej Consumer Products Ltd by ARETE Securities
Key News - Jaguar Land Rover Ltd, National Company Law Appellate Tribunal, Tata Steel Ltd, Tata Consultancy Services Ltd, Godrej Consumer Products Ltd by ARETE Securities
Source: ARETE Securities Ltd
7/07/2021 8:48:36 AM
JLR launches Range Rover Sport SVR at Rs 2.19 cr Luxury automobile manufacturer Jaguar Land Rover India on Tuesday launched the luxury performance SUV Range Rover Sport SVR in India priced at Rs 2.19 crore. The SUV is powered by a '5.0 I supercharged V8 petrol engine' that delivers a power of 423 KW and torque of 700 Nm and is capable of accelerating from 0-100 km per hour in 4.5 seconds. The company said that the Range Rover Sport SVR is the "fastest, most powerful and dynamic Land Rover ever produced". The luxur...
JLR launches Range Rover Sport SVR at Rs 2.19 cr
JLR launches Range Rover Sport SVR at Rs 2.19 cr
Source: IANS
30/06/2021 10:01:30 AM
JLR to begin testing prototype hydrogen Land Rover this year LONDON  - Jaguar Land Rover will begin tests later this year on a hydrogen fuel-cell prototype model based on its Land Rover Defender vehicle as the carmaker looks to expand its zero-emission car options, the company said on Tuesday. JLR, owned by India's Tata Motors, earlier this year said that its luxury Jaguar brand will be entirely electric by 2025, and the more rugged, off-road Land Rover brand will launch six pure electric models over the next five years. Most of the auto...
JLR to begin testing prototype hydrogen Land Rover this year
JLR to begin testing prototype hydrogen Land Rover this year
Source: Reuters
15/06/2021 10:10:08 AM
Tata Motors Ltd posted a surprise quarterly loss and took a $2.05 billion charge at the luxury Jaguar Land Rover (JLR) unit BENGALURU -India's Tata Motors Ltd posted a surprise quarterly loss and took a $2.05 billion charge at the luxury Jaguar Land Rover (JLR) unit, warning that a global chip crunch and surging COVID-19 cases in the country would hurt its business. Like other carmakers in India, Tata Motors was navigating the pandemic's impact on sales when a global chip shortfall piled on more pressure, forcing it to suspend operations at two JLR car factories in April. The disruptions have become ...
Tata Motors Ltd posted a surprise quarterly loss and took a $2.05 billion charge at the luxury Jaguar Land Rover (JLR) unit
Tata Motors Ltd posted a surprise quarterly loss and took a $2.05 billion charge at the luxury Jaguar Land Rover (JLR) unit
Source: (Reuters)
18/05/2021 7:08:46 PM
E-SUV Jaguar I-PACE launched in India, starts at Rs 105.9L Jaguar Land Rover India on Tuesday announced the launch of the all-electric Jaguar I-PACE in India with a starting price of Rs 105.9 lakh (ex-showroom India). The Jaguar I-PACE is powered by a 90 kWh battery that delivers 294 kW power and 696 Nm torque, allowing the I-PACE to accelerate from 0-100 km/h in just 4.8 seconds. Rohit Suri, President & Managing Director, Jaguar Land Rover India Ltd. (JLRIL) said: "Jaguar I-PACE is the first all-electric SUV that we've launched in...
E-SUV Jaguar I-PACE launched in India, starts at Rs 105.9L
E-SUV Jaguar I-PACE launched in India, starts at Rs 105.9L
Source: IANS
23/03/2021 2:53:02 PM
JLR takes to job cuts in India to achieve agility Tatas-owned Jaguar Land Rover (JLR) is reducing its workforce in India in a bid to cut cost along with become an agile organisation. In a statement, JLR said that its future strategy not only includes plans for our brands and vehicles, but also how we will reimagine our entire business. "As we begin our journey for becoming an agile organisation, it's imperative that we make every possible efficiency right from the start, including finding the right baseline cost for our workfo...
JLR takes to job cuts in India to achieve agility
JLR takes to job cuts in India to achieve agility
Source: IANS
8/03/2021 9:40:42 AM
Electrified: Jaguar Land Rover accelerates electric mobility push Luxury automobile manufacturer Jaguar Land Rover announced its new global strategy titled 'Reimagine' to become a more environmentally sustainable brand. Accordingly, the plan envisages the electrification of both Land Rover and Jaguar brands on separate architectures with "two clear, unique personalities". "In the next five years, Land Rover will welcome six pure electric variants as it continues to be the world leader of luxury SUVs through its three families of...
Electrified: Jaguar Land Rover accelerates electric mobility push
Electrified: Jaguar Land Rover accelerates electric mobility push
Source: IANS
16/02/2021 9:30:10 AM
Jaguar Land Rover appoints creative chief to board as it redefines strategy LONDON - Jaguar Land Rover appointed its creative boss to the board of management on Wednesday to help redefine the Jaguar brand as Britain's biggest carmaker reviews its strategy under new CEO Thierry Bollore. Bollore took over the firm in September and faces a number of challenges including electrification, managing underutilisation of its plants, handling the rapid fall in diesel sales and the effect of COVID-19 on the industry. The Jaguar brand has also underperformed Land Rover...
Jaguar Land Rover appoints creative chief to board as it redefines strategy
Jaguar Land Rover appoints creative chief to board as it redefines strategy
Source: Reuters
27/01/2021 4:39:21 PM