Tata Group Chairman Ratan Tata has evinced interest in buying a stake in the world’s best-known supercar manufacturing company, Ferrari.
Tata said this in an interview to L’Espresso, an Italian media company. An excerpt from the interview quoted Tata as saying, “I have two passions in my life — cars and aircraft. I have always dreamt […]
Mahindra & Mahindra Ltd (M&M) has announced that the Company has successfully closed acquisition of Auto Designing co., G.R.Grafica Ricerca Design S.r.l (GRD), an Italian auto designing, feasibility and styling Company based out of Turin, Italy. M&M acquired this business through an Italian subsidiary Mahindra Graphic Research and Design (MGRD).
GRD is one of the leading […]
As Tata Motors gears up to launch the world’s cheapest car Nano later this year, financing companies, including ICICI Bank, SBI Bank, HDFC Bank and Saraswat Bank, are busy charting out attractive finance schemes to woo the buyers. The Mumbai-based Saraswat Bank is offering a loan of Rs 70,000 at a monthly installment of a […]
Finally TATA Motor’s Small Car NANO has been shown to the World today.TATA ’s 1-Lakh Car is the most expected one for TATA Motors Small Car Project.
Tata Small Car Picture, Photos are doing rounds everywhere.
Here are a few important things about Tata Small Car.
* Stunningly good looking and modern car
* Name Nano to reflect size […]
Mahindra & Mahindra Ltd has announced that the Company has signed a binding agreement to acquire the business of G R Grafica Ricerca Design S.r.l (GRD), an Italian auto designing, Body engineering and feasibility and styling Company based out of Turin, Italy. With this acquisition, the Company intends to develop a global design centre for […]
To jointly build buses for Q1 2008 launch.
Daimler AG of Germany has taken a call option to buy 26 per cent in Jalandhar-based bus body builder Sutlej Motors.
The proposal was recently cleared by the Foreign Investment Promotion Board (FIPB).
The Indian company had signed an agreement with Daimler last year to jointly make fully-built buses from […]
Tata bids $2.05 billion for Jaguar-Land Rover.
The bids from leading Indian conglomerates and the front-runners for the deal, Tatas and Mahindras, are worth over $2.05 billion and $1.9 billion, respectively, sources close to the development said.
Porwal Auto IPO : Porwal Auto Components IPO opens Dec 17
Porwal Auto Components IPO offer opens on December 17. The price band of the Rs 10 face value share is Rs 68-75 per share. The issue closes on December 20.
At the lower price-band the company would raise Rs 34 crore and at upper Rs 37.50 […]
Ashok Leyland today (Oct. 29, 2007) signed a Master Cooperation Agreement with Nissan Motor Japan, for manufacture and sale of light commercial vehicles (LCVs) and powertrains.
The company had last month said that it will soon operationalize its joint venture (JV) pact with Nissan in the light commercial vehicle (LCV) segment by the end of the […]
Less than a year after it acquired the the Anglo-Dutch steelmaker Corus for 13 billion US dollar, India’s Tata group has set its sight on another pair of iconic British brands — Land Rover and Jaguar.
The Tata group, headed by Ratan Tata, is set for a battle royal with One Equity, the private-equity arm of […]
