Tata Motors sells 20% in Telcon for Rs 1,159 cr

Auto major Tata Motors said on Tuesday it has sold 20 per cent stake in Telcon, its construction equipment joint venture with Japan's Hitachi, to its partner for Rs 1,159 crore (Rs 11.59 billion).......

Karnataka in race for 2nd Nano plant: Tata Motors

Karnataka may have narrowly lost the race for housing Tata Motors' Nano car plant but that is not stopping the southern state from nursing ambitions of winning the second round of the same race. It......

Tata Motors, Ashok Leyland clash over JV

Strong differences have arisen between Tata Motors and Ashok Leyland, the country's two largest commercial vehicle makers, over a joint venture involving construction equipment and tractor......

Over 2,000 auto parts units face closure

The current slump in the automobile sector has delivered a hard knock to component makers -- classified as small and tiny enterprises -- as about 600 manufacturing units in Jamshedpur have shut......