The Rs 2,122-crore stand-alone net loss by Tata Motors in the recently concluded quarter was the highest reported by the company. The figure, though including a one-time charge linked to the disputed Singur land, was its ninth quarterly operational loss.

The poor performance at home extends beyond two years. Capacity utilisation at its factories is lower than the competition’s. The company's monthly passenger and commercial vehicle sales are lower than in 2010.

Struggling Indian operations and slowing sales of Jaguar Land Rover (JLR) weighed on the consolidated performance of Tata Motors, India’s biggest automobile manufacturer, with the company’s net profit for the December 2014 quarter missing estimates by a huge margin. Though a few one-offs impacted profits during the quarter, profits at the operating and net levels would have been lower than Street expectations.

Homegrown auto major Tata Motors’ Rs 7,500 crore rights issue is credit positive as it will reduce its debt and fund business growth, according to ratings agency Moody’s.

Tata Motors today reported a 5.19% increase in total sales at 42,582 units in January, as against 40,481 units in the same month last year.

Domestic sales of Tata commercial and passenger vehicles grew by 5.35% at 38,621 units as compared to 36,657 units in January 2014, Tata Motors said in a BSE filing.

Mumbai, Jan. 29: Tata Motors today unveiled its plans for the domestic and overseas markets.

The company expects a capital outlay of Rs 4,000 crore for the Indian business and $5.3-5.6 billion for Jaguar Land Rover over the next 2-3 years.

MUMBAI: Weighed down by debt and losses in its India business, Tata Motors, the world's fourth largest truck maker, plans to raise up to Rs 7,500 crore via a rights issue over the coming months, its third such offering in the company's history since it got listed in 1955.

Cyrus Mistry-led Tata Motors will be approaching shareholders for their approval to allow the vehicle manufacturer to issue new equity shares to reduce its debt load, which stood at Rs 60,774 crore as on September 30, 2014.

Tata Motors-owned Jaguar Land Rover (JLR) has helped Britain clock up its best car production data in years with the luxury car maker rolling off nearly 4,50,000 vehicles of total 1.5 million produced in the country last year, the highest since 2007.

Car plants across the UK produced more than 1.5 million vehicles last year with JLR rolling off 4,49,507 vehicles from its three plants in Castle Bromwich, Halewood and Solihull in northern England.

Tata Motors on Thursday launched the Bolt, a hatchback, starting at Rs 4.64 lakh (ex-showroom, Mumbai). The company is pitting this car against segment leaders Maruti Suzuki Swift and Hyundai Grand i10.

The Bolt, Tata Motors’ second launch in five months, is based on the platform of its compact sedan Zest. The base petrol variant of the Bolt costs Rs 36,000 less than the Zest in Mumbai.

The half a dozen public interest suits filed in various courts across the country against the proposed launch of the four-wheeled transport vehicle called a quadricycle has been instigated, believes Pune-based Bajaj Auto.

Instigated, I think...I won’t like to say by whom, Kevin D’Sa, its president (finance) told analysts.

Tata Motors, the country’s biggest automobile maker, has received the votes needed for paying its executive directors (ED) according to plans that were earlier contested by shareholders and proxy advisory firms.

Remuneration to executive directors Ravindra Pisharody and Satish Borwankar, has been approved not only for the past financial year but for the current and next year. Remuneration to late managing director Karl Slym for last year has also been approved. Voting was carried out through a postal ballot for the special resolution.

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