The New Defender 90 is available in several models including Defender, X-Dynamic and Defender X. Furthermore, Defender and X-Dynamic will come with S, SE and HSE Specification Packs
Share of Tata Motors touched an intraday low of Rs 306.3, falling 3.36% against previous close of Rs 316.95 on BSE
Due to the chip supply shortage, the company is expecting an operating cash outflow of about £1 billion with a negative EBIT margin in the second quarter.
Sitting at the top of the Jaguar performance SUV range, the new F-PACE SVR is faster than ever and features motorsport-inspired exterior design, a luxurious interior and the latest connected technologies, the company said
The luxury carmaker said that operations at its production facilities in Castle Bromwich and Halewood will be put on hold for some time, starting Monday, but that manufacturing schedules at its Solihull plant in the West Midlands region of England will be unaffected
For fiscal year 2020-21, the Tata Motors-owned company's global retail sales declined 13.6 per cent YoY to 4,39,588 vehicles as a result of the impact of the pandemic.
We are looking to further fortify our position in the market with ten strong product actions planned in FY 2021-22, including new generation products, facelifts, new body styles, plug-in-hybrids and new power-trains, JLR India President and Managing Director Rohit Suri told
Finance Minister Nirmala Sitharaman on Friday said she might take a call closer to the GST Council meeting about proposing to the Council to bring petrol and diesel under the goods and services tax (GST); Mobile firms request govt to build polices to compete with countries; Dual airbags mandatory for new cars from April 1. Watch this and more news on News Blast.
The layoffs are part of JLR's global strategy to shed about 2,000 non-manufacturing jobs by next fiscal. It had also reduced its global headcount by 1,000 in 2018 and another 4,500 in 2019
Call on bringing fuels under GST to be taken closer to GST Council meet: Sitharaman
Amidst the rise in fuel prices, Finance Minister Nirmala Sitharaman on Friday said she might take a call closer to the GST Council meeting about proposing to the Council to bring petrol and diesel under the goods and services tax (GST). Sitharaman admitted that taxes on fuels should be brought down to reduce the burden on consumers, and called pricing a worrying issue.
Dual airbags mandatory for new cars from April 1
The Ministry of Road Transport and Highways issued a notification on Friday making it mandatory for new models to have dual airbags installed in them for the safety of passengers. The new models of cars will have to adhere to this norm from April 1, 2021, onwards. The Centre has given time till August 31, 2021, for dual airbag installation in older models.
Crude oil prices rise on spot demand
Crude oil prices rose by Rs 28 to Rs 4,735 per barrel on Friday as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for March delivery traded higher by Rs 28, or 0.59 per cent, at Rs 4,735 per barrel in 6,075 lots. Analysts said raising of bets by participants kept crude oil prices higher in futures trade.
Mobile firms request govt to build polices to compete with countries
Mobile manufacturers on Friday requested the government to come up with policies that focus on competition with countries and not companies, sectoral industry body ICEA said in a statement. Addressing a webinar on production linked incentive scheme on Friday, Prime Minister Narendra Modi said the scheme, aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by USD 520 billion in the next five years.
Tata-owned Jaguar Land Rover fires one-third of India staff
British marquee brands Jaguar Land Rover (JLR) that is owned by the Tata Group is undertaking its biggest ever retrenchment drive in its India operations, slashing its workforce by nearly a third, sources told Business Today. The layoffs, which have already started and are expected to continue through this month, are part of its global strategy to shed about 2,000 non-manufacturing jobs by next fiscal.
Chandrasekaran says products from both Tata Motors and its British subsidiary Jaguar Land Rover are working well and that there's no need for any "outside partner"
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