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Tata Motors shifts gears to profitability: Co announces dividend after 7-year hiatus— here's what drove Q4 performance

Tata Motors has proposed paying a final dividend of Rs 2 per ordinary share and Rs 2.10 per DVR share for the last fiscal year. If approved by shareholders at the AGM in August, this will be Tata s first dividend payout since 2016. The announcement follows Q4 earnings that showed a net profit of Rs 5,408 crore, compared to a loss of Rs 1,033 crore the previous year. The firm attributed this to strong performance across all segments of the automotive business, with Jaguar Land Rover and the Indian business leading the way., Companies News, Times Now ....

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Tata Motors shifts gears to profitability: Co announces dividend after 7-year hiatus— here's what drove Q4 performance

Tata Motors has proposed paying a final dividend of Rs 2 per ordinary share and Rs 2.10 per DVR share for the last fiscal year. If approved by shareholders at the AGM in August, this will be Tata's first dividend payout since 2016. The announcement follows Q4 earnings that showed a net profit of Rs 5,408 crore, compared to a loss of Rs 1,033 crore the previous year. The firm attributed this to strong performance across all segments of the automotive business, with Jaguar Land Rover and the Indian business leading the way., Companies News, Times Now ....

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The EV push is spurring fresh demand for auto sector jobs

The push for electric mobility and connected vehicles along with emerging use cases of technology, electrics & electronics as well as design is transforming the country’s automotive industry into one rife with opportunities. ....

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India's Auto Industry: The Market For Sedans And Hatchbacks Shrinks As SUVs Dominate

India's Auto Industry: The Market For Sedans And Hatchbacks Shrinks As SUVs Dominate
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maruti suzuki: Govt open to tax cut to pull auto sector out of the worst crunch in decades

The two-wheeler segment is price-sensitive and has not been “doing well,” said revenue secretary Tarun Bajaj, at the 61st annual convention of the Society of Indian Automobile Manufacturers (SIAM). Bajaj also asked the industry to analyse why car sales are not increasing. ....

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