Tata Motors Distribution Company Limited

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Tata Motors Distribution Company Limited Overview

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L28920MH1945PLC004520
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Tata Motors Distribution Company Limited in News

19 Apr 2021

India's electric vehicles face practical, technical hurdles

EVs are a rarity in India, where more than 300 million vehicles, most of them scooters and three-wheel motorized rickshaws, jam the highways. The country is now making an ambitious push for what it calls "electric mobility," to reduce smog. But the effort is plagued with technological and logistical hurdles, even for those relatively simple vehicles.

17 Apr 2021

Offer withdrawal: Tata Motors pays damages to CEO-designate

Tata Motors has compensated German national Marc Llistosella, whom it had hired to lead the company but withdrew the offer before he could take charge, it is learned. On Feb 12, Tata Motors announced the appointment of Llistosella as its chief executive. But it said a month later that he will not be joining the Mumbai-based company. Tata Motors didn’t give any reason for the change.

12 Apr 2021

India Insight: Electric cars charge up tycoons

India barely registers in most global discussions on electric vehicles. With powerful tycoons and officials leading efforts to drive adoption, cut costs, and export to the world, though, it's not too hard to imagine the country setting new global standards for mobility as it has in payments and telecommunications.

01 Mar 2021

Huawei aims to make electric cars later this year

Richard Yu, head of Huawei's consumer business group, who was in charge of the company's amazing rise in the smartphone world, is said to shift his focus to EVs, which will target the mass-market segment. Huawei is planning to make electric cars under its own brand, and some models may even be launched before the end of this year.

23 Feb 2021

Medium, heavy CV sales to rise as economic activity gathers speed

Demand for medium and heavy commercial vehicles (M&HCVs) – an indicator of economic health – has improved sequentially since July 2020 and the trend is expected to continue in the current quarter, said Anuj Kathuria, chief operating officer at Ashok Leyland.

20 Dec 2020

Ex-industries minister says companies may walk away from Karnataka, urges CM to woo investors

“Karnataka is the leader in Electronic component and automobile industry. Tata Group considers Karnataka as home for investment. Karnataka is the first state to announce EV policy in the country. In spite of this, in the last eight days, two major corporates Ola and Tata have announced investments in the neighbouring state,” the senior Congress leader said.

03 Dec 2020

India Inc rebounds post unlock: ICRA

Financial results of 587 companies excluding financial services, showed aggregate revenues growth of 34.9 per cent in the second quarter from the previous one, but it was still 6.5 per cent lower on-year.

28 Aug 2020

Tata Sons chairman’s pay dips 11% to Rs 58 crore

CFO Saurabh Agrawal’s remuneration marginally declined to Rs 15.8 crore from Rs 16.5 crore. Even though the company reported higher profit, the management took a cut in compensation package following the economic conditions impacted by the Covid pandemic, a Tata observer said.

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