Tata Motors Limited is one of India's most prestigious automobile companies. It is a key part of the Tata Group and is recognised as one of the leading vehicle manufacturing companies globally. Tata Motors plays a significant role in the production and sale of passenger vehicles, commercial vehicles, and electric vehicles.
Tata Motors was established in 1945 as "Tata Engineering and Locomotive Company Limited (TELCO)”. Initially, the company primarily manufactured railway engines and heavy vehicles. In 1954, it began producing trucks in collaboration with the German company Daimler-Benz.
In 1991, Tata Motors entered the passenger vehicle segment for the first time and launched India's first indigenous car, the “Tata Indica”, in 1998. Later, in 2008, Tata Motors acquired the prestigious British brand Jaguar Land Rover (JLR), strengthening its global presence.
Tata Motors has emerged as a leader in the electric vehicle (EV) segment. The company has made substantial investments in the development of electric vehicles and has promoted the EV segment under the government's FAME II scheme.
Tata Motors is not limited to India; it exports its vehicles to numerous countries across Europe, Africa, South America, and Asia.
A major boardroom dispute has emerged at the Tata Group between Tata Sons Chairman N. Chandrasekaran and Tata Trusts Chairman Noel Tata over leadership and control. On September 17, the Tata Sons board approved a five-year extension for Chandrasekaran and initiated steps toward a potential public listing, both of which Noel Tata opposed. Tata Trusts, holding a 66 percent stake in Tata Sons, argues that under the Articles of Association, board resolutions require the affirmative vote of a majority of trust-nominated directors. While nominee Venu Srinivasan voted in favour, Noel Tata dissented, leading the Trusts to assert the reappointment is invalid without both nominees agreeing. Conversely, Tata Sons maintains the decision was validly carried by a 4-1 board majority with the chairman's casting vote. The rift is further compounded by listing pressures following the RBI's rejection of Tata Sons' application to surrender its core investment company status, setting off a wider conflict over conglomerate governance.
Stock markets faced downward pressure as rising crude oil prices and simmering US-Iran tensions weighed on investor sentiment, dragging Nifty down to 23,779 amid steep declines in IT and metal shares. In corporate developments, Jaguar Land Rover announced 4,000 job cuts in the UK over two years to save 2.3 billion dollars amid tariff pressures and cyberattack impacts. Meanwhile, the domestic pharmaceutical sector witnessed robust momentum driven by weight loss and diabetes treatments, with Eli Lilly's Mounjaro recording over 500 percent sales growth and RPG Life Sciences preparing to launch its GLP-1 drug. Ashok Leyland highlighted strong growth in defense, with revenues tripling to over 1,200 crore rupees alongside a new production facility planned in Saudi Arabia. Market expert Abhishek Basumallik shared an optimistic outlook on the pharmaceutical and chemical sectors while advising caution regarding cyclical peaks in the automotive space and evaluating the surge of new public offerings.
The Indian rupee strengthened to 94.39 against the US dollar amid bullish commentary from Goldman Sachs, which projected the currency to outperform Asian peers due to Reserve Bank of India policy measures, reduced Russian oil imports, and improved trade discussions with the United States. Meanwhile, benchmark equity indices traded range-bound, opening flat around 23,888, with IT stocks facing downward pressure while broader market counters showed resilience. Tata Motors launched an all-cash voluntary offer worth 3.82 billion euros to acquire full ownership of Italian vehicle manufacturer Iveco Group through its Dutch arm TML CV Holdings. On retail data, August vehicle registrations grew 18% year-on-year, driven by robust non-tractor segments. Separately, the Supreme Court took up a petition demanding restrictions on unpredictable airfares and ancillary charges alongside the establishment of an independent aviation regulatory body, as the central government works on framed rules under the Bharatiya Vayuyan Vidheyak framework.
Indian stock markets experienced sharp volatility on Dalal Street as the Nifty slipped below the 24,000 mark before closing at 24,055 points, weighed down by auto and banking stocks amid rising crude oil prices past 92 dollars per barrel. Meanwhile, the central government tightened the sugar stock limit to 2,000 quintals for dealers from 15 September until 30 November. On the macroeconomic front, Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman hailed India's first-quarter GDP growth of 7.8 per cent, highlighting the nation's broad-based expansion despite global external challenges. Additionally, Mahindra and Mahindra reiterated their focus on electric vehicles, projecting EV contributions to reach 18 to 20 per cent by FY28 as demand transitions from a niche segment to the mass market. In currency trade, the Indian rupee closed 21 paise stronger against the US dollar at 94.95.
In an exclusive interview with India Today TV, Union Road Transport and Highways Minister Nitin Gadkari defended the E20 fuel policy and slammed political attacks over it, stating that there is an attempt to malign him politically.
This special report details significant market-moving events, led by a sharp decline in Reliance Industries' stock that erased ₹1 lakh crore from investor wealth. Adding to market volatility, a Competition Commission of India (CCI) probe has implicated major producers like Tata Steel and JSW Steel in alleged price collusion. Amid these developments, a new investment opportunity arises with the IPO of Bharat Coking Coal Limited (BCCL), a Coal India subsidiary, opening on January 9. The program also analyzes the auto sector, covering December's retail sales data and the launch of the new Mahindra XUV 7XO. Globally, the report highlights tech trends from CES 2026, including NVIDIA's new Rubin AI chip platform. With an eye on the future, the discussion covers expectations for the upcoming Union Budget and strategies for navigating market uncertainty, with a focus on sectors like FMCG and IT.
On this edition of Business Today's Market Opening, the focus is on the Indian stock market's resilience despite rising geopolitical tensions in Venezuela. The broadcast highlights a steady start for the Nifty and broader indices, driven by strong performances in the auto and metal sectors. Key updates include the Reserve Bank of India's sweeping new restrictions on related party lending and Nvidia's latest AI innovations for autonomous vehicles. The report also covers the record-breaking rally in gold and silver prices, alongside specific stock movements in banking and discretionary sectors. As the market expert notes regarding the disconnect between global noise and local action, ‘Markets at the moment are really beating their own path.’
Sharing his views on the sector, Dharmesh Kant, Head of Research at Chola Securities, said one of his top picks from the four-wheeler space is Maruti Suzuki.
On this market report, the focus is on the surge in silver prices following export restrictions and the sharp decline in cigarette company stocks. An NSE official discusses the strong performance of IPOs in 2025, noting that 'more than $20 billion were raised by these 220 companies.' The programme also explores the 26% surge in passenger vehicle sales in December and the outlook for the derivatives market in 2026.
On this edition of the Business Today show, anchor Sakshi Batra tracks the day's market action as the Sensex hovers around the 85,600 mark and the Nifty nears 26,200. The programme highlights the record-breaking rally in precious metals, with MCX gold hitting a peak of ₹1.38 lakh. The show also focuses on the government's major decision to overhaul the GDP calculation methodology starting February 2026 to include the informal economy. Guest Abhishek Basu Malik, Co-founder and Fund Manager at Sri Rama Managers PMS, joins to discuss market volatility and the outlook for 2026. Additionally, the broadcast covers expected auto price hikes in January and the impact of GST rate cuts.
On this edition of Business Today, Senior Vice President at Geojit Financial Services, Gaurang Shah, discusses the market outlook as the Nifty consolidates. Shah states, 'Auto will definitely dominate as we go forward,' citing new launches and the PLI scheme. The programme also highlights the Delhi High Court allowing Dr. Reddy's Laboratories to export the weight-loss drug Semaglutide and the opening of the Rs 5,400 crore Meesho IPO. Additionally, Market Veteran Sunil Singhania shares his views on valuations, asserting that 'India will always trade at a slight premium.' The Rupee hitting a record low of 90 against the Dollar is also discussed.
In this edition of Market Closing, anchors Abha Bakaya and Shail Bhatnagar discuss the sharp depreciation of the rupee, which hit a record low of 89.78 against the dollar. Despite a robust Q2 GDP growth of 8.2%, the Nifty slid below 26,200, weighed down by currency woes and foreign outflows. Sneha Poddar, Vice President at MOFSL, highlights the stellar performance of the auto sector, with Maruti Suzuki recording 26% year-on-year growth and Bajaj Auto gaining 8% on strong November sales. The show also features insights from market veteran Shankar Sharma on the sustainability of the rally. The anchors examine the impact of the 'Health Security and National Security Cess Bill' tabled in Parliament and the upcoming RBI policy meeting.
There was a renewed buzz around select large-cap and mid-cap stocks in the Indian market today, as experts noted better trends in the auto, engineering, IT and metal sectors.
Experts shared the stocks they believe could offer good opportunities over the next few months to nearly two years. Their choices cover large caps, mid caps and small caps, and include firms in autos, metals, IT, capital markets and real estate.
This bulletin covers key market and corporate news, including a market rally on US Fed rate cut hopes, Tata Motors' decision to hike prices from January due to rising input costs, and a significant promoter stake sale in Bharti Airtel. It also details the Indian government's plan to approve a ₹7300 crore incentive scheme for rare earth magnet manufacturing to build an indigenous ecosystem. Sharad Vashti of SMIFS states, 'once US enters into a rate cut cycle, which is very pronounced and clear, there is high probability that we will have more flows into India'. The program also touches on HP's job cuts driven by AI adoption and market analysis from experts Shailendra Bhatnagar and Sharad Vashti.
This special report covers the market closing action, marked by expiry day volatility that saw the Nifty slip to 25,860. The discussion features market experts Avinash Gorakshakar and Punita Kumar Sinha, who analyse the impact of India's new labour codes on gig economy companies, the potential return of FIIs to Indian markets, and the economic transformation of Ayodhya into a spiritual tourism hub. Other topics include the relaunch of the Tata Sierra, Air India's fleet upgrade plans, and the White House's clarification on Donald Trump's H-1B visa stance. According to market veteran Punita Kumar Sinha, 'the FIIs also, I think, will start to come back to India, given that valuations are now looking a little better, and more importantly, I think our macro situation is quite stable'.
This Business Today bulletin covers key market-moving news, including the Sensex exit of Tata Motors and its replacement by IndiGo. The discussion also focuses on the financial impact of a $194 million penalty on TCS, the stock dip of Hindustan Aeronautics Limited (HAL) following a Tejas aircraft crash at the Dubai Airshow, and the implications of new labour laws for gig economy companies. Experts analyse market trends, with the IT and PSU banking sectors showing strength. According to market analyst Shailendra Bhatnagar, regarding the Sensex change, 'a sensible investor will go for margin of safety rather than a popular trade'. The bulletin also notes management changes, such as Rohit Soni's appointment as the new CFO at Ambuja Cements, and previews upcoming IPOs.
This special report focuses on a major upgrade for Indian markets by global brokerage Goldman Sachs, which has revised its rating to 'overweight' and set a Nifty target of 29,000 by December 2026. The bulletin also covers a hectic week for the primary market with seven IPOs, including Lenskart's listing and issues from PhysicsWallah and Tenneco Clean Air, set to raise over ₹11,000 crores. Discussing the bullish sentiment, market expert Shailendra Bhatnagar stated, 'There is a lot of foreign flows likely to come in into India now that Chinese markets have peaked in the short term.' The programme further delves into the latest EV sales figures where VinFast outsold Tesla in October, the impact of a U.S. government shutdown on air travel, and key corporate earnings driving stock-specific action.
This special report details Andhra Pradesh's landmark $15 billion AI and data center deal with Google, establishing the company's largest AI data hub outside the US in Visakhapatnam. This initiative, in partnership with AdaniConneX and Bharti Airtel, represents a capital investment over five years and aims to position India as a global AI powerhouse. The program also covers LG Electronics' successful IPO, contrasted with the Tata Capital IPO, with market analysis from JM Financial's Arshu Madan highlighting valuation as a key differentiator for IPO success. Further discussion includes the Tata Motors demerger, splitting the stock into two entities, and the record-high prices for gold and silver amidst a declining broader stock market on the day of weekly NSE expiry. Experts like Vijay Kedia offer insights into key Indian stock market investment themes, focusing on tourism and hospital sectors. The report also examines muted IT sector earnings, the strong performance of wealth management firms such as Anand Rathi Wealth, and the potential of AI and data center stocks as significant market drivers.
Market experts say the two companies are in very different positions when it comes to earnings visibility and investor confidence.
