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Tata Motors catches speed on the bourses

India, May 24 -- Tata Motors is currently trading at Rs. 467.35, up by 17.25 points or 3.83% from its previous closing of Rs. 450.10 on the BSE.

The scrip opened at Rs. 469.00 and has touched a high and low of Rs. 472.95 and Rs. 462.30 respectively. So far 696849 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 598.60 on 07-Sep-2016 and a 52 week low of Rs. 382.35 on 24-May-2016.

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Tata Motors cuts up to 1500 managerial jobs

India, May 24 -- Tata Motors, one of the pioneers in Indian automobile industry, has reduced its managerial workforce by up to 1,500 people domestically as part of an organisational restructuring exercise. Further, the company has reported a fall of 16.79% in its net profit at Rs 4,336.43 crore for the quarter ended March 31, 2017 as compared to Rs 5,211.49 crore for the corresponding quarter in the FY16.

Tata Motors is India's largest automobil... Read More


Maruti Suzuki Aims to Cut Printing Costs by Over 20 Percent

India, May 24 -- Signing a three-year managed print services contract with Canon India, Maruti Suzuki aims to cut printing costs by over 20 percent and improve the employee device ratio from 2:1 to 6:1

Challenges:

. 7,090 employee strength (March 2008)

600 sales outlets in 393 towns and cities

2,628 workshops with maintenance support in 1220 cities

To outsource total printing

High maintenance cost

Cut printing costs by over 20 percent

Ben... Read More


Sensex, Nifty Inch Higher In Early Trade

India, May 24 -- Indian shares opened higher on Wednesday after Tata Motors and Voltas posted better-than-expected quarterly results.

Overall gains remained muted as investors awaited the minutes of the Fed's last policy meeting for further clues as to the pace and timing of possible interest rate hikes through the end of the year.

The benchmark BSE Sensex was up 60 points or 0.19 percent at 30,422 in early trade while the broader Nifty index w... Read More


Tata Motors cuts up to 1,500 managerial jobs

India, May 24 -- Tata Motors said it has reduced its managerial workforce by up to 1,500 people domestically as part of an organisational restructuring exercise, reported PTI.

"The reference (total managers) on which we started (the exercise) was in the vicinity of 13,000...We do see as far as the white collar population is concerned, an overall reduction in the vicinity of 10-12 per cent (up to 1,500)," managing director and chief executive Gue... Read More


Disclosure as per Regulation 52(4) & 52(5) (SCRIPCODE: 570001)

India, May 24 -- Tata Motors Ltd - DVR has informed BSE about :-1. Disclosure as per Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.2. Disclosure as per Regulation 52(5) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.3. Confirmation under Regulation 52(7) of SEBI (Listing Obligations and Disclosure Require... Read More


Disclosure as per Regulation 52(4) & 52(5) (SCRIPCODE: 951172)

India, May 24 -- Tata Motors Ltd has informed BSE about : 1. Disclosure as per Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.2. Disclosure as per Regulation 52(5) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.3. Confirmation under Regulation 52(7) of SEBI (Listing Obligations and Disclosure Requirements)... Read More


Disclosure as per Regulation 52(4) & 52(5) (SCRIPCODE: 951234)

India, May 24 -- Tata Motors Ltd has informed BSE about : 1. Disclosure as per Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.2. Disclosure as per Regulation 52(5) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.3. Confirmation under Regulation 52(7) of SEBI (Listing Obligations and Disclosure Requirements)... Read More


Disclosure as per Regulation 52(4) & 52(5) (SCRIPCODE: 951404)

India, May 24 -- Tata Motors Ltd has informed BSE about : 1. Disclosure as per Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.2. Disclosure as per Regulation 52(5) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.3. Confirmation under Regulation 52(7) of SEBI (Listing Obligations and Disclosure Requirements)... Read More


Disclosure as per Regulation 52(4) & 52(5) (SCRIPCODE: 951667)

India, May 24 -- Tata Motors Ltd has informed BSE about : 1. Disclosure as per Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.2. Disclosure as per Regulation 52(5) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.3. Confirmation under Regulation 52(7) of SEBI (Listing Obligations and Disclosure Requirements)... Read More