In 2022-2023, Tata Motors spent 5.86% of its total sales on R&D—on par with global automotive leaders like Toyota and Ford and more than the combined R&D spending of 30 largest Indian companies.
The state-of-the-art facility, spanning an impressive 100,000 square feet, marks a significant milestone for KHT Motors, reinforcing its leadership position in the automotive retail space.
Shailesh Chandra says government support in form of lower GST, as well as other state taxes, should continue till electric vehicles are able to achieve 18-20% penetration.
Tata Motors says arbitral tribunal has ruled in its favour in compensation case against West Bengal Industrial Development Corporation Limited for now-closed manufacturing unit in the state.
A three-member ruled that the West Bengal Industrial Development Corporation had to pay Tata Motors due to losses incurred by the company in a 2008 land row.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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