Highlights

  • Tata ED met with Tamil Nadu CM ahead of meet with N Chandra
  • Ford abandoned India plant on September 9

Latest news

Regulator DGCA eases flight duty norms for pilots amid IndiGo crisis

Regulator DGCA eases flight duty norms for pilots amid IndiGo crisis

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

AAP to hold farmers’ Mahapanchayat in Gujarat's Amreli on December 7 amid crop loss crisis

AAP to hold farmers’ Mahapanchayat in Gujarat's Amreli on December 7 amid crop loss crisis

OnePlus marks 12 years in India with a new six-star lineup for the 15R reveal

OnePlus marks 12 years in India with a new six-star lineup for the 15R reveal

India not neutral, it is on side of peace: PM Modi to Putin on Ukraine conflict

India not neutral, it is on side of peace: PM Modi to Putin on Ukraine conflict

Rory McIlroy Survives Cut at Dramatic Australian Open

Rory McIlroy Survives Cut at Dramatic Australian Open

Final Season of 'Four More Shots Please!' Premieres Dec 19 on Prime Video

Final Season of 'Four More Shots Please!' Premieres Dec 19 on Prime Video

Tribeny Rai's 'Shape of Momo': Celebrating Northeast Women

Tribeny Rai's 'Shape of Momo': Celebrating Northeast Women

Tata Motors likely to takeover Ford's India plant

Tata Group Chairman said to have meetings with Tamil Nadu Chief Minister

Tata Motors likely to takeover Ford's India plant

Tata Group may be gearing to takeover Ford's plant in Tamil Nadu as per reports citing unnamed govt officials. The speculation rose as Tata Sons Chairman N Chandrasekaran met with Tamil Nadu chief minister MK Stalin and state industries minister Thangam Thennarasu. This meeting was preceded by Tata Motors executive director Girish Wagh who had already met Stalin a few days ago.

Also watch: Why has Elon Musk dumped California? Tesla HQ moved to Texas

Ford's plant in Tamil Nadu has an annual production capacity of 2,00,000 vehicles and 3,40,000 engines. The US carmaker had invested more than $1 billion in the plant. Ford had decided to quit it's India production unit on September 9 leaving the future of employees uncertain.

ADVERTISEMENT

Up Next

Tata Motors likely to takeover Ford's India plant

Tata Motors likely to takeover Ford's India plant

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

ADVERTISEMENT

editorji-whatsApp

More videos

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

India International Trade Fair begins at Pragati Maidan amid tight security

India International Trade Fair begins at Pragati Maidan amid tight security

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

Dream debut: LG Electronics India shares jump over 50 pc

Dream debut: LG Electronics India shares jump over 50 pc

One GB wireless data in India costs less than a cup of tea: PM Modi

One GB wireless data in India costs less than a cup of tea: PM Modi

Power struggle in Tata Trusts: Trustees clash over board appointments

Power struggle in Tata Trusts: Trustees clash over board appointments

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.