Latest news with #TataMotors
Hans India
7 hours ago
- Automotive
- Hans India
Tata Motors begins delivery of 148 EVs to BMTC
Bengaluru: Tata Motors has commenced the delivery of 148 advanced Tata Starbus electric buses to the Bengaluru Metropolitan Transport Corporation (BMTC). This latest induction adds to the city's growing fleet of 921 Tata electric buses already in operation, reaffirming its commitment to sustainable urban mobility. The new buses were flagged off by Karnataka Transport Minister Ramalinga Reddy and BMTC Managing Director Ramachandran R., IAS, alongside senior government and BMTC officials. 'These e-buses have consistently demonstrated high uptime, reliability and comfort. The new additions will help us expand our network and offer safe, efficient, and environmentally friendly travel options to the public,' said Ramachandran. The fleet will be operated and maintained by TML Smart City Mobility Solutions Ltd., a Tata Motors subsidiary, under a 12-year contract. Tata Motors stated that the buses have collectively clocked over six crore kilometres across the city, reflecting strong operational efficiency. Anand S., Vice President at Tata Motors, said, 'We are proud to support BMTC's sustainability goals with on-time delivery, advanced technology, and consistent service performance. Our Starbus EVs are designed for high-performance intra-city transit and ensure a citizen-first experience.' The low-floor, 35-seater Starbus EVs feature modern electric drivetrains, electronic stability and brake distribution systems, and integrated transport connectivity tools. With zero tailpipe emissions, the electric buses are expected to further improve Bengaluru's air quality while showcasing a replicable model for green public transport in Indian cities.
Deccan Herald
7 hours ago
- Business
- Deccan Herald
Sensex and Nifty decline in early trade amid uptick in US inflation
From the Sensex firms, Mahindra & Mahindra, Tata Motors, Tata Steel, Eternal, Bajaj Finance and Bajaj Finserv were among the major laggards.
The Hindu
10 hours ago
- Business
- The Hindu
Markets decline in early trade tracking muted trend in global peers
Stock market benchmark indices Sensex and Nifty declined in early trade on Wednesday (July 16, 2025) in-line with a muted trend in global equities amid an uptick in U.S. inflation. Tariff-related uncertainty also made investors to stay on the sidelines, experts said. The 30-share BSE Sensex dropped 103.16 points to 82,467.75 in early trade. The 50-share NSE Nifty dipped 56.75 points to 25,139.05. From the Sensex firms, Mahindra & Mahindra, Tata Motors, Tata Steel, Eternal, Bajaj Finance and Bajaj Finserv were among the major laggards. However, Trent, Tech Mahindra, Adani Ports and HDFC Bank were among the gainers. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index and Shanghai's SSE Composite index quoted lower while Hong Kong's Hang Seng traded in the positive territory. The U.S. markets ended mostly lower on Tuesday. "The market has been oscillating in a narrow range during the last two months. A breakout above the upper band of the range, well beyond Nifty 25,500, needs positive triggers. Such a trigger may come from an India-US trade deal with tariffs on India pegged at around 20%. If this happens, can it trigger a sustained rally in the market? Unlikely. A sustained rally in the market needs earnings support," VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said. There are no signs of a strong earnings support and earnings growth visibility, he said. "Two big segments of the market - IT services and consumption, particularly FMCG - are struggling with tepid earnings," Vijayakumar added. Foreign Institutional Investors (FIIs) bought equities worth ₹120.47 crore on Tuesday, according to exchange data. "The Nifty is likely to open cautiously as traders digest sticky U.S. inflation data and ongoing tariff threats...," Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said in his pre-opening market commentary. Global oil benchmark Brent crude went up by 0.20% to $68.85 a barrel. On Tuesday, the Sensex climbed 317.45 points or 0.39% to settle at 82,570.91. The Nifty edged higher by 113.50 points or 0.45% to 25,195.80.
New Indian Express
11 hours ago
- Business
- New Indian Express
Markets decline in early trade tracking muted trend in global peers
MUMBAI: Stock market benchmark indices Sensex and Nifty declined in early trade on Wednesday in-line with a muted trend in global equities amid an uptick in US inflation. Tariff-related uncertainty also made investors to stay on the sidelines, experts said. The 30-share BSE Sensex dropped 103.16 points to 82,467.75 in early trade. The 50-share NSE Nifty dipped 56.75 points to 25,139.05. From the Sensex firms, Mahindra & Mahindra, Tata Motors, Tata Steel, Eternal, Bajaj Finance and Bajaj Finserv were among the major laggards. However, Trent, Tech Mahindra, Adani Ports and HDFC Bank were among the gainers. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index and Shanghai's SSE Composite index quoted lower while Hong Kong's Hang Seng traded in the positive territory. The US markets ended mostly lower on Tuesday.
Economic Times
11 hours ago
- Business
- Economic Times
Sensex falls over 150 pts, Nifty below 25,150; auto, metal stocks top drags
Indian equity benchmarks opened slightly lower on Wednesday, tracking weakness in Asian peers after an uptick in US inflation data. Investors also remained cautious ahead of key corporate earnings and updates on trade talks with the US. ADVERTISEMENT At 9:19 am, the BSE Sensex was down 159 points, or 0.19%, at 82,411, while the Nifty50 slipped 54 points, or 0.21%, to 25,142. Within the Sensex pack, M&M, Tata Motors, Tata Steel, Eternal, and ICICI Bank were among the top laggards, falling up to 1.2%. On the other hand, Trent, Tech Mahindra, HDFC Bank, Adani Ports, and Infosys opened with modest gains. Sectorally, Nifty Auto slipped 0.7% in early trade, weighed down by losses in Exide Industries, M&M, and Ashok Leyland. Nifty Metal and Nifty Financial Services also declined by up to 0.5%. Among individual stocks, Dixon Technologies (India) rallied nearly 4% after the company announced on Tuesday that it has signed a binding term sheet to acquire a 51% stake in Kunshan Q Tech Microelectronics (India). HDB Financial Services shares tumbled 3.7% after the company reported a 2% decline in net profit for the first quarter of fiscal year 2026, reaching Rs 568 crore. This is down from Rs 582 crore in the same period last year. ADVERTISEMENT Tech Mahindra, L&T Technology Services, and brokerage firm Angel One are among the key companies scheduled to report their June-quarter earnings later in the day. Experts View "The market has been oscillating in a narrow range during the last two months. A breakout above the upper band of the range, well beyond Nifty 25500, needs positive triggers. Such a trigger may come from an India-US trade deal with tariffs on India pegged at around 20 percent," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments. "A sustained rally in the market needs earnings support. There are no signs of a strong earnings support and earnings growth visibility. Two big segments of the market - IT services and consumption, particularly FMCG - are struggling with tepid earnings. There are green shoots of earnings recovery in FMCG but IT services continue to struggle. This means earnings growth for FY26 will be around 10 percent only," Vijayakumar added.
