Tata Motors JLR CEO Ralf Speth elected Fellow of UK's Royal Society
The honour is in recognition of Speth's advocacy for UK research and development and his commitment to science, technology, engineering and mathematics (STEM) education, JLR said. He joins a worldwide cohort of leading scientists selected by the Royal Society for their outstanding contributions to scientific understanding. TATA MOTORS LTD. - 500570 - Incorporation Of A New Indirect Subsidiary Of The Company
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform the Stock Exchanges that a new indirect subsidiary named TML Business Analytics Services Limited [CIN: U72900MH2020PLC339230] has been incorporated as a wholly owned subsidiary of TML Business Services Limited. Enclosed in Annexure I to this letter are disclosures pursuant to Regulation 30 of the Listing Regulations read with the SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015. This is for the information of the exchange and the members. TATA MOTORS LTD. - 500570 - Sale And Transfer Of The Global Delivery Centre / Process Shared Service Business ('GDC Business') Of The Company To TML Business Services Limited.
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform the Stock Exchanges that the Company has executed a business transfer agreement with TML Business Services Limited, a subsidiary of the Company dated April 30, 2020 for the sale and transfer of the Global Delivery Centre / Process Shared Service business ('GDC Business') of the Company as a 'going concern' and on a slump sale basis for a lump sum consideration of ?10.3 crores. Post the acquisition, TML Business Services Limited would provide outsourced business process and knowledge based services to Tata Motors Limited and other companies. Enclosed in Annexure I to this letter are disclosures pursuant to Regulation 30 of the Listing Regulations read with the SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015 for sale and transfer of the GDC Business as mentioned above. This is for the information of the exchange and the members. Tata Motors rally unlikely to last, analysts sceptical on China momentum
The scaling up of operations comes as a relief given that auto sales in China had dropped 80 per cent year-on-year in February and 40 per cent in March Why Tata Motors share price rose 17% in trade today
In a related development, the Indian auto firm plans to issue non-convertible debentures (NCDs) worth Rs 1,000 crore. Tata Motors said NCDs would be issued in three tranches and a special committee of the company's board is scheduled to convene on May 5.
Tata Motors plans to raise Rs 1,000cr via issue of debentures
In this regard the company is planning to hold a meeting of its duly constituted committee of the board on May 5, it added. TATA MOTORS LTD. - 500570 - Intimation Of Board Constituted Committee Meeting, Proposed To Be Held On May 5, 2020 To Consider Offering Of Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures Aggregating Upto ?1000 Crores
We would like to inform you that the Company is desirous of offering Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures aggregating ?1000 crores in three tranches and in this regard is holding a meeting of its duly constituted Committee of the Board on May 5, 2020. The above issuance is pursuant to the approval of the Board of Directors' resolution passed at its meeting held on March 27, 2020. This intimation is being issued pursuant to Regulation 29 (1) and (2) as well as Regulation 63 read along with Regulation 50 (2) and (3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is for the information of the exchange and the members. TATA MOTORS LTD. - 500570 - Shareholding for the Period Ended March 31, 2020
Tata Motors Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2020. For more details, kindly Click here
Jaguar Land Rover to partly resume production in Europe from May 18
Jaguar Land Rover to partly resume production in Europe from May 18 Tata Group-owned Jaguar-Land Rover to revive largest plant by mid-May
JLR's factories around the world will opened in a sequential manner that will be determined by the conditions and government laws around the coronavirus epidemic