It signals a major jump in the global acceptance of India as a hub for small cars, but maintaining this will require a lot more including, for starters, large production volumes.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
The IIT Nano Centre will have fabrication facility in addition to scientific and structural characterisation facilities, R&D dean Prof Kartik Khilar said.
The Tata Nano project has scored some amazing firsts in terms of technologies and material costs. The Rs 100,000 question everyone is asking for the past few two weeks and will ask in coming months is how long it will stay that way.
He added that Suzuki could not build a car for the same price as the Nano without sacrificing quality and standards.
The one common theme across companies that have rewarded shareholders is consumption.
Your smartphones could soon help you combat a deadly form of air pollution, thanks to a new low-cost and reliable method of detecting nitrogen dioxide.
Ratan Tata said he continued to feel the need to support young entrepreneurs who were keen to unleash the Indian tiger.
The biggest winner of the Tata drive to drill down innovation to every person on every shop-floor is the Tata conglomerate. While the most visible symbol of this has been the Nano, insiders say Tata has already started asking his senior executives, 'What is the next Nano?' The innovation drive is seeking to answer that question.
Six Indian-American students have grabbed top positions in a competition of young innovators.
Too much symbolism and emotion is invested in making cars for the masses.
Tata Sons said dividend from 40-odd Tata Group firms had declined during Mistry's tenure while expenses had risen
'Ultimately if your aim is that you need to be able to deal with a security situation, you need to deal with a black money situation, you need to deal with a counterfeiting situation then, to that extent, I think everyone will need to able to tolerate a little bit of inconvenience.'
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.
With the launch of GSLV-MK III, slated for April, it will be able to cater to bigger satellites as well.
Every three minutes, in some corner of the country, two Altos are being sold.
The move that comes in the backdrop of the massive controversy over alleged anti-India protests in the JNU.
The Nano car loan is available for a maximum tenure of 7 years at an interest rate that ranges between 11.75 per cent and 12 per cent p.a.
To lure the automaker, West Bengal seized small farms to give Tata nearly 1,000 acres -- and so far it has rejected compromise proposals.
'I'm not withdrawing any allegations. I want those CDRs (Peter's call data records).' 'Those are my feelings.'
The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
Tata Zica was designed by an international team resulting in a more modern look.
Right now, our little ones take up most of our time. But there will come a day when they won't need us like they do today.
Shareholders feel Cyrus Mistry is slowly slipping into Ratan Tata's shoes
There is a clamour for changing land-use from agriculture to commercial, residential or industrial.
Mata Amritanandamayi's hospital has developed protein nanomedicines for drug-resistant leukemia and nano-structured wafers to prevent recurrence of brain tumours
The phone is available for pre-order starting July 31, beginning at USD 610 for a 16GB model.
Despite what the Nano can do to the country's automobile market, its ability to transform Tata Motors' financials will be limited, says Shyamal Majumdar.
Heralding a new era, India on Friday night launched its heaviest commercial space mission ever with its polar rocket successfully putting five British satellites into the intended orbit after a flawless takeoff.
You only need to look at Tata partner Fiat's history for a remarkable parallel to the Nano.
The Canvas Knight 2 impresses in terms of design.
JLR is developing its own autonomous car technologies, which could one day trickle into Tata's more affordable people carriers.
As fuel prices rise, here's a list of cars that will help you save fuel and money too!
The team plans to submit the Tufts-built electric motor to Guinness World Records.
How often have you been accused of using these words?
The 125-km stretch covering Sanand, Hansalpur and Vithalapur, with connected nodes at Kadi and Halol, is set to emerge as the next major automobile hub in India.
The top posts on social media from your favourite Bollywood celebrities.