Category: Tata Motors

Tata Motors defers planned fundraise of up to $1.5b

Source: dealstreetasia.com Tata Motors Ltd has indefinitely deferred a planned fundraise of up to $1.5 billion in foreign currency loans after failing to garner sufficient interest from potential lenders, two people directly aware of the development said, requesting anonymity. The funds were to be raised by a Singapore-based entity of Tata Motors to refinance existing loans of

Tata Motors’ plan to raise foreign debt off the table

Source: livemint.com Mumbai: Tata Motors Ltd has indefinitely deferred a planned fundraise of up to $1.5 billion in foreign currency loans after failing to garner sufficient interest from potential lenders, two people directly aware of the development said, requesting anonymity. The funds were to be raised by a Singapore-based entity of Tata Motors to refinance existing loans of

Sensex, Nifty trade lower amid global recession worries; Tata Motors, Yes Bank major losers

Source: financialexpress.com Indian headline stock indices Sensex and Nifty were slugging in the late morning trade on Wednesday tracking global cues. At 11:49 AM, while the Sensex was trading at 37,226.11, down 101 points from the previous close, Nifty50 was seen trading at a level of 10,989.55, down 27.45 points from the last settlement. Both

Buy Tata Motors, target Rs 136: Sagar Doshi

Source: economictimes.indiatimes.com Sagar Doshi of Edelweiss Financial Services has a buy call on Tata Motors Ltd.NSE -5.89 % with a target price of Rs 136. The current market price of Tata Motors Ltd. is Rs 123.8 Time period given by analyst is Intra Day when Tata Motors Ltd. price can reach defined target. Sagar Doshi

CARE Ratings downgrades Tata Motors with negative outlook on JLR worries

Source: businesstoday.in . CARE Ratings on Monday downgraded Tata Motors’ long-term credit rating amid weak financial performance reported by its British subsidiary Jaguar Land Rover Automotive PLC (JLR). CARE Ratings in a press release said it has downgraded the rating on the long-term bank facilities of Tata Motors (TML) to ‘AA-/Negative’ from ‘AA/Stable’, but reaffirmed

D-Street Buzz: Auto stocks rise led by Hero Moto, Tata Motors; PNB, SBI add 2% each

Source: moneycontrol.com Nifty is trading higher by 84 points at 11,583 level while the Sensex jumped 289 points and is trading at 38,846 level in this afternoon session. Nifty Auto gained 1.5 percent led by Hero MotoCorp which jumped over 4 percent followed by Bharat Forge, Tata Motors, Mahindra & Mahindra, Maruti Suzuki and TVS Motor Company. Media