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Indian automaker Tata is moving production in Thailand as part of a company reset that aims to increase its Thai sales 83% this fiscal year to roughly 3,000 units. With a 10-year contract up at the Thonburi Automotive Assembly Plant in the south of Bangkok,…
Tata Communications has reported a 2.09 billion rupee ($32.5 million) net loss for the fourth quarter, with earnings impacted by issues including the impact of the demonetization of India’s 500 and 1000 rupee banknotes. Gross revenue fell 10% year-on-year to…
Volkswagen has signed an agreement with Tata Motors to explore cooperation in India, company sources close to the matter said, as the German carmaker tries once again to conquer emerging markets. After months of talks, the carmakers have signed a memorandum…
The Indian government does not intend to relax rules regarding foreign investments to allow Japan’s NTT DoCoMo to exit its Tata DoCoMo joint venture at a pre-determined price. The government has taken the view that there is no case for bending the rules for a…
To be more affordable for the market, Zara India has cut its merchandise prices by 10 to 12 per cent. The Spanish fashion brand took this move to coincide with the entry of rival H&M into India, reports the Business Standard. Established in India for six…
Citi upgraded its bond call on the Jaguar Land Rover unit of Tata Motors after Tata reported earnings last week. Tata stock, down 25% so far this year, is off by 54% over 12 months, prompting Goldman Sachs to close its sell rating on Tata Motors equity…
It’s a bad time to be called Zica – even if it’s a car we are talking about and not the deadly virus that’s gone global. Zica is a new hatchback from Indian carmaker Tata’s stable, while the mosquito-borne virus that has gone global is called Zika. But who…
Croma, consumer durables and electronics chain of the Tata Group, is looking to open a dozen more stores this financial year. In April, the first month of 2015-16, it launched three stores. Two more are being readied for launch in a month or so. “We have…
Tata International, the global trading and distribution company of the Tata group, is planning to set up exclusive branded outlets for four new footwear brands. The company will launch these for the domestic market by September this year. Lees ook: Mercedes…
