Tata Motors Report - July 2016
Tata Motors Ltd has submitted to BSE a copy of the information on production, sales and exports of the Company which will be released to the Society of Indian Automobile Manufacturers (SIAM).02-08-2016
02-08-2016
Tata Motors records sales growth of 7% in July 2016
Tata Motors Ltd has informed BSE regarding a Press Release dated August 01, 2016 titled "Tata Motors records sales growth of 7% in July 2016".01-08-2016
Intimation of Schedule of Analyst / Institutional Investor Meetings
Tata Motors Ltd has informed BSE regarding "Intimation of Schedule of Analyst / Institutional Investor Meetings for the first week of August 2016".29-07-2016
Tata Motors Limited files Annual Report on Form 20-F for Fiscal Year 2016
Tata Motors Ltd has informed BSE regarding a Press Release dated July 29, 2016 titled "Tata Motors Limited files Annual Report on Form 20-F for Fiscal Year 2016".29-07-2016
Fifteen stocks in focus on Friday, 29 July 2016
NEW DELHI: The Indian market is expected to open flat on Friday tracking muted trend seen in other Asian markets. "The Nifty50 on its daily charts broke above its key resistance level and made a strong solid real body candle stick pattern. This indicates after a pause, the new setup is forming in favour of bullish continuation again," Rohit Gadia, Founder & CEO, CapitalVia Global Research Ltd told ETMarkets.com. "The low of Thursday's trading session of around 8,560 will now become a key level for the market. Going forward a break below this level one should book partial profit," he added. Here is a list of top fifteen stocks that are likely to be in focus today: Reliance Infrastructure: Brookfield has emerged as the frontrunner to take over the entire portfolio of 11 road projects of Anil Ambani flagship Reliance Infrastructure for an enterprise value of Rs 8000 crore, said multiple sources aware of the ongoing negotiations. Tata Steel & Tata Motors: Tata Sons was served an order from London's Commercial Court Order that suggested that Tata's UK assets, including Jaguar Land Rover, a unit of Tata Motors, or Tata Steel's Corus unit, may be attached by NTT DoCoMo for recovery of $1.17 billion it won in an arbitral award recently. IDBI Bank: Public sector IDBI Bank has reduced its base rate or minimum lending rate to 9.65 per cent per annum from 9.75 per cent per annum earlier. L&T Infotech: Newly-listed IT exporter L&T Infotech on Thursday reported nearly 35 per cent increase in net...29-07-2016
Outcome of Committee Meeting
Tata Motors Ltd has informed BSE that a meeting of the duly authorised Committee was held on July 28, 2016, from 3 p.m. to 3:30 p.m. approving offering for subscription on a private placement basis 4,000 Rated, Listed, Unsecured, 8% Coupon, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs. 10,00,000/- each, at par, aggregating upto Rs. 400 crores.28-07-2016
Tata Motors plans to raise Rs 400 crore via NCDs
The above issuance is pursuant to the shareholders nod at its 70th AGM held on August 13, 2015 and the board of directors' resolution passed at its meeting held on March 30, 2016, it added.25-07-2016
Committee Meeting on July 28, 2016
Tata Motors Ltd has informed BSE that the Company is desirous of offering the fourth series of its Rated, Listed, Unsecured, Redeemable, NCDs aggregating to Rs. 400 crores and in this regard is holding a meeting of its duly constituted Committee of the Board on July 28, 2016. The above issuance is pursuant to the approval of the Shareholders passed vide Special Resolution at the 70th Annual General Meeting of the Company held on August 13, 2015 and...25-07-2016
Buy Tata Motors Ltd., target Rs 525.0 : Dr CK Narayan
Buy Tata Motors Ltd. at a price target of Rs 525.0 and a stop loss at Rs 500.0 from entry point25-07-2016
Why dealers of carmakers like VW & Fiat have moved to other brands
For seven years, RMJ Motors was one of the main dealers for Tata Motors in Madhya Pradesh. It's now bid adieu and taken on the dealership for Maruti Suzuki, India's biggest car seller. "Despite putting all the hard work, we were not able to achieve targeted profitability and it was no more looking a sustainable business option for us," said Abhishek Jain, the owner of RMJ Motors. The first four years with Tata Motors went well but sales declined over the past two-three years. "Business is done for growth and profitability and wherever one sees better opportunity will move on," he explained. The company said it has added over 250 sales outlets in three years and has discontinued working with some dealers during this period. "We are strengthening our network in key emerging markets and the newly activated sales outlets are in rural areas," Tata Motors said in an email to ETAuto. Where Jain did not see potential, Vishal Johri Varenyam saw opportunity. Varenyam was recently appointed a Tata Motors dealer in Madhya Pradesh and gave up his General Motors dealership. "I chose Tata Motors as we see the company bringing in some good product line-up in the future, which can improve the situation," Varenyam said, acknowledging, however, that such switchovers can be a costly affair. "The changes may cost anything between Rs 1 and 2 crore, but we cannot just wait and watch - we have to act if want to be profitable." Investments in car dealerships are high, with a large fixed component, said...23-07-2016