(Repeats story issued late on Friday)
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RPT-UPDATE 2-Tata Motors 2008/09 net halves, cuts capex plans (Reuters via Yahoo! Asia News)
(Repeats story issued late on Friday)
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RPT-UPDATE 2-Tata Motors 2008/09 net halves, cuts capex plans (Reuters via Yahoo! Philippines News)
Mumbai, May 30 : Tata Motors Ltd, India’s automobile major reported a smaller-than-expected 50.7 percent drop in the annual profit while sales picked up in the March quarter and raw material prices fell.
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Tata Motors net falls 51 percent (New Kerala)
Profits at India’s Tata Motors fall by 50% as the global economic slowdown hits demand for cars and trucks.
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Tata profits hit by drop in sales (BBC News)
Trinamool Congress supremo Mamata Banerjee, whose stir against use of farmland forced Tata to move its Nano car project out of West Bengal, has returned a cheque of over Rs 27 lakhs from a Tata trust after the just-concluded Lok Sabha elections.
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Mamata returns Tata’s Rs 27 lakh cheque (NDTV)
Last year, she drove the Tata Motors’ Nano factory out from West Bengal. Three days ago, Trinamool Congress chief and Railway Minister Mamata Banerjee turned down another Tata offer — a donation of Rs 27,70,660 to her party from the Tata Sons Electoral Trust.
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Mamata returns Tata trust’s Rs 27 lakh donation (Business Standard India)
Last year, she drove the Tata Motors’ Nano factory out from West Bengal. Three days ago, Trinamool Congress chief and Railway Minister Mamata Banerjee turned down another Tata offer ? a donation of Rs 27,70,660 to her party from the Tata Sons Electoral Trust.
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Mamata returns Tata trust’s Rs 27 lakh donation (rediff.com)
KOLKATA: For Trinamool Congress chief Mamata Banerjee, riding the little Nano is a big ‘No-No’, as it is made with the “blood of people”. Participating in a phone-in programme on a Bengali news channel, Banerjee was categorical that she will never travel in the small car from the Tata Motors stable.
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I will not ride Nano: Mamata Banerjee (The Times of India)
Indian companies want to repeat the success of the low-cost Tata Nano, the world’s cheapest car, by designing homes affordable to the nation’s hundreds of millions of slum dwellers.
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Tata laying foundation to house slum dwellers (Financial Times)
Tata Motors, known for its low-cost Nano car, hopes its new trucks will give its commercial vehicles business a much-needed boost.
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Tata Unveils Truck Lineup (New York Times)