Tata Motors stock drops 40% after demerger news TMLCV shares will remain non-tradable from allotment date until officially listed on the BSE and NSE. Tata Motors Shares Plunge 40% After Commercial Vehicle Demerger Announcement Shares of Tata Motors fell sharply during a special pre-open session on Monday, with the stock discovered at ₹400 per share, […]
Trump criticizes India’s high auto tariffs During his address, President Trump strongly defended his tariff policy, emphasizing the high duties imposed by various countries, including India. He pointed out that some nations levy excessively high tariffs on American goods, particularly in the automobile sector. Trump specifically mentioned India, stating that the country imposes auto tariffs
Trump tariffs hit Motherson, Sona BLW shares. Elara Securities, a brokerage firm, stated in a note that auto component exports from India to Mexico constitute 3% of India’s total exports, which amount to $21.2 billion. This translates to approximately $656 million in value. The firm highlighted concerns over potential disruptions due to recent tariff policies,
Telangana HC rejects KTR’s plea to quash FIR. The Telangana High Court on Tuesday dismissed a plea by K.T. Rama Rao (KTR), the state’s Minister for Municipal Administration and Urban Development, to quash an FIR filed by the Anti-Corruption Bureau (ACB) in the ongoing Formula E case. Chandrashekar Rao, had sought to have the case
Mahindra, one of India’s leading automotive manufacturers, has recently unveiled its latest offering – the 2024 Mahindra XUV700. This highly anticipated SUV promises to elevate sophistication and innovation in the automotive industry. The Mahindra XUV700 AX7L is a variant that has garnered significant attention. Priced competitively, this model offers a range of impressive features and
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