
Tata Punch crosses 6 lakh production milestone in under 4 years
The car's widespread popularity spans India's diverse geographies, with 24% of buyers coming from Tier 1 cities, 42% from Tier 2, and 34% from Tier 3 towns. It has firmly established itself as a popular choice for young professionals, families, and adventure-seekers alike. In CY2024, the Tata Punch even became the highest-selling car in India.Sharing his thoughts on the milestone, Vivek Srivatsa, Chief Commercial Officer of Tata Passenger Electric Mobility Ltd., said, 'The Punch embodies the spirit of a new India — bold, self-assured, and ready to forge its own path. This milestone reflects the immense trust over 6 lakh Indians have placed in a car that stands for confidence, presence, and a fresh start.'The Punch also boasts a 5-star safety rating for both its ICE (Global NCAP) and EV (Bharat NCAP) versions, and is offered in petrol, CNG, and electric powertrains. It currently contributes 36% to Tata Motors' overall passenger vehicle sales and holds a 38% market share in the sub-compact SUV segment. With over 20 automotive awards under its belt and a 15% year-on-year growth, the Punch stands tall as a benchmark in its class.Looking ahead, Tata Motors is also working on updating the Punch, as spy shots of the facelifted Punch emerged recently.advertisementSubscribe to Auto Today Magazine- Ends
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NDTV
20 minutes ago
- NDTV
PM Modi Becomes India's 2nd-Longest Serving PM, Felicitated in Maldives
Male: In a moment infused with diplomatic grace and historical resonance, Maldives President Mohamed Muizzu on Friday extended heartfelt congratulations to the visiting Indian Prime Minister Narendra Modi, lauding his achievement as India's second-longest-serving PM in consecutive terms. Addressing a formal banquet in honour of Prime Minister Modi at Male, President Muizzu hailed the milestone of 4,078 consecutive days in office as emblematic of his "unwavering commitment to public service and dedication to the progress and prosperity of the Indian people". The ceremony reflected a warm reciprocation of bilateral goodwill. "Tonight we are delighted to reciprocate that friendship and goodwill in the spirit of the closed ties between the two nations. First of all let me convey my heartiest congratulation to your excellency on becoming second longest serving prime minister of India today. This remarkable milestone 4,078 consecutive days in the office is a testament to your unwavering commitment public service and dedication to the progress and prosperity of the Indian people," President Muizzu said. Prime Minister Modi arrived earlier in the day at Velana International Airport following his landmark visit to the UK. In a notable gesture, President Muizzu personally received him at the airport, accompanied by senior members of his Cabinet including the Foreign Minister, Defence Minister, Finance Minister and Minister of Homeland Security. PM Modi's visit is at the gracious invitation of President Muizzu, in the context of Maldives' 60th Independence Day celebrations, where he is participating as the Guest of Honour. The occasion is not only symbolic of the enduring ties between the two nations, but also a reminder of India's early recognition of Maldivian independence in 1965. The diplomatic encounter is seen as an opportunity to reframe bilateral relations and reaffirm mutual interests in the Indian Ocean region. The presence of Prime Minister Modi during such a landmark celebration signals India's continued support for regional stability, maritime cooperation, and cultural dialogue. Meanwhile, with the completion of 4,078 uninterrupted days in office, Prime Minister Modi surpasses the tenure of late former PM Indira Gandhi's unbroken stretch of 4,077 days between 1966 and 1977. This historic threshold consolidates PM Modi's place in India's political chronology and deepens the narrative of sustained leadership under his stewardship.
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Business Standard
20 minutes ago
- Business Standard
'Western vs Indian': Differing management approaches reflect cultural roots
Western management abhors ambiguity. Indians tolerate and thrive in it R Gopalakrishnan Mumbai Listen to This Article Several Indian thinkers (me included) place an emphasis on an 'Indian' way as compared to a 'Western' way of management. They refer to Swami Vivekananda or the Mahabharata to draw lessons. Is this relevant or valid? There is some degree of validity, but only some, particularly in the equilibrium between efficiency and effectiveness. Our assumptions about life and work are shaped by deep and unmanifest influences of culture, for example, deference to power, authority, and age, as seen in Indian business leaders genuflecting before ministers and bureaucrats. When I saw North Atlantic Treaty Organization chief Mark Rutte, a blunt Dutchman,


Economic Times
20 minutes ago
- Economic Times
Shake off that boardom
Agencies Representational Sebi has mandated annual board performance reviews for listed companies with the intent of improving governance standards and ensuring agile and effective boards. But much like routine health checks, board evaluations are usually pushed back to another day, rushed through like a Monday morning breakfast, or treated as yet another compliance hassle. Very few boards treat it as meaningful methods of evaluation involving paper-based surveys, interviews and internal reviews have mostly fallen short. They are time-consuming, heavily reliant on subjective judgement, and reports tend to gather dust after board meetings. Thankfully, digital transformation is slowly but steadily bringing rigour, relevance and repeatability to board evaluations. Technology is not just simplifying the process but enhancing its quality as well. From board portals to AI-enhanced analytics, tech is shaking up the performance evaluations process of boards. Here are four shifts India Inc should know while preparing for the future: Periodic rituals to continuous insight Traditional board evaluations follow a rigid cycle of once in every three years for in-depth reviews, with lighter (symbolic?) annual quickies. With digital tools, evaluations can become more frequent, flexible and embedded into the rhythm of board Europe, a clear trend is emerging where more boards are moving to annual evaluations, sometimes with focused interim reviews in between. These 'in-betweeners' can be tailored to specific committees or themes such as audit oversight, strategy alignment or digital Indian enterprises, especially those facing major market shifts, or family-to-professional transitions, such agility can be a game-changer. Digital platforms reduce the cost and administrative burden of evaluations, and allow directors to evaluate performance in a way that feels relevant, not regulatory compliance. Subjective judgement to data-driven oversight One of the biggest criticisms of today's board evaluations is their subjectivity. When directors assess each other, implicit biases, interpersonal politics and unwritten hierarchies can creep in. Results can feel vague, cautious or sanitised, which defeats the very purpose of the exercise. Technology helps move the needle from opinion to evidence. Digital platforms capture structured data aligned with clearly defined board KPIs, including strategic execution, financial oversight, risk management, succession planning and stakeholder engagement. More importantly, they enable year-on-year tracking, which is invaluable. With consistent digital tools, companies can build longitudinal data, making it possible to spot performance trends over time. In the past, each evaluation might have involved a new consultant with a different lens, making comparisons difficult. 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A manufacturing board preparing for succession may focus on talent pipeline and leadership India, where board diversity, independent director effectiveness and ESG oversight will all be in sharp focus soon, tailored evaluations are especially useful. They allow boards to gather input beyond the boardroom. Confidential feedback from CFOs, compliance officers and external auditors can highlight blind spots in committee functioning. A board chair may believe the audit committee is effective, but what does the internal audit team think? Tech tools enable this 360° feedback in a secure, anonymised manner. Embrace emerging AI Theoretically, AI holds immense promise in enhancing board evaluations. Algorithms can analyse meeting minutes to flag overlooked agenda items, assess time spent on key issues, detect redundancy across committees, and even predict future director skill needs based on corporate strategy. If a company is entering new markets or industries, AI could help assess whether the board has the requisite global experience or regulatory could also objectively benchmark director contributions by analysing attendance, speaking time, committee involvement and follow-through on action adoption remains limited. Company secretaries cite internal policies that restrict the use of external AI tools. Concerns around data security, confidentiality and compliance with DPDP Act make boards wary. As AI tools mature and governance around data-sharing strengthens, selective use of AI in internal evaluations may become more acceptable. Striking a balance between AI analytics and human judgements will be Inc boards are under increasing pressure to perform, not just from Sebi but from shareholders, rating agencies and civil society as well. As businesses grow more complex and stakeholder expectations rise, the traditional approach to board evaluation simply won't suffice. Board evaluations done right are corporate a world where opacity is liability, data is destiny. As a veteran puts it, 'Great boards aren't born. They're beta-tested.' (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Can Chyawanprash save Dabur in the age of Shark-Tank startups? Piaggio sues former employee for 'Coldplay' reference on CEO Why Air India could loom large on its biggest rival IndiGo's Q1 results Can medicines inject the vitamins Amazon is missing? 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