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Tata Motors' strategic demerger aims for $1 billion revenue per segment

Shahkar Abidi and Ketan Thakkar     calendar08 Aug 2024

Post-restructuring, the company will be divided into two listed entities: TML, encompassing the commercial vehicle business and related investments, and TMPV, covering the passenger vehicle business, electric vehicle (TPEM) business, JLR, a...

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EVage Motors targets 20-30% of India e-LCV market share by CY2035 News National
EVage Motors targets 20-30% of India e-LCV market share by CY2035

By Mayank Dhingra calendar03 Aug 2024

Mohali-based company, which offers a sustainable transportation solution in the form of its 1-tonne FR8 all-electric t...

In Conversation with EVage Motors' Inderveer Singh Video
In Conversation with EVage Motors' Inderveer Singh

By Mayank Dhingra calendar02 Aug 2024

Mohali-based EV startup is eyeing up to 30 percent market share with a strong electrification potential of the last-mi...

EV sales in India jump 53% in July to 179,000 units, EMPS revs up 2- and 3-wheeler demand Analysis Sales
EV sales in India jump 53% in July to 179,000 units, EMPS revs up 2- and 3-wheeler demand

By Ajit Dalvi calendar01 Aug 2024

With strong retails in the EMPS-eligible two- and three-wheeler segments, India EV Inc registers its second-best month...

M&M tractor sales up 6% in July 2024 News
M&M tractor sales up 6% in July 2024

autherAutocar Pro News Desk calendar01 Aug 2024

Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES), a part of the Mahindra Group, has announced its tractor sales ...

M&M's domestic truck sales surge 77% YoY in July even as other segments decline  News
M&M's domestic truck sales surge 77% YoY in July even as other segments decline 

autherAutocar Pro News Desk calendar01 Aug 2024

The sales of vehicles in the Light Commercial Vehicle (LCV) category weighing less than 2 tonnes slid by 11% to 3036 u...

Auto Sales July 2024: Tata Motors reports weak performance News
Auto Sales July 2024: Tata Motors reports weak performance

autherAutocar Pro News Desk calendar01 Aug 2024

The company reported total sales of 71,996 units in the domestic and international markets, marking an 11% decline co...

Construction equipment maker ACE sees major boost from Budget 2024-25 News
Construction equipment maker ACE sees major boost from Budget 2024-25

autherAutocar Pro News Desk calendar01 Aug 2024

The budget will catalyze a surge in demand for construction equipment throughout India, according to the company.

M&M reports strong improvement in profitability in Q1 News
M&M reports strong improvement in profitability in Q1

By Kiran Murali calendar31 Jul 2024

Mahindra & Mahindra’s operating profit recorded robust growth on the back of double-digit volume improvement with a fa...

Force Motors reports sharp rise in net profit and revenue in Q1 News
Force Motors reports sharp rise in net profit and revenue in Q1

By Shahkar Abidi calendar30 Jul 2024

Force Motors reported a net profit of Rs 115.73 crore in Q1FY25 as against Rs 68.59 crore in Q1FY24. The company's rev...