Tata Motors, India’s leading automobile and mobility solutions company announced that Sitaram Kandi is being appointed to the role of Chief Human Resources Officer (CHRO) of the company, effective 1st April 2024. As CHRO, Kandi will also join the Tata Motors Executive Committee, a statement said. In his current role, Kandi heads Human Resources for…
Tata Motors Limited (TML) has entered into share purchase agreements to sell 9.9% stake in Tata Technologies Ltd (TTL) for an aggregate consideration of INR 1,613.7 crore. TPG Rise Climate is the lead investor for this transaction, which ascribes an equity valuation of INR 16,300 Cr (~US$ 2.0 billion) for TTL. TTL, a subsidiary of…
Tata Motors Limited announced the appointment of Rajesh Kannan as President & Chief Digital and Information Officer (CDIO), with effect from August 1, 2023. According to the company’s exchange filing, “we hereby inform you that the Board of Directors at its meeting held today, i.e., on July 25, 2023, has appointed Mr. Rajesh Kannan as…
Global power leader Cummins Inc. announced that it has signed a definitive agreement with Tata Motors Limited (TML), to manufacture a range of low- to zero-emissions technology products in India over the next few years. The definitive agreement was signed by Jennifer Rumsey, President and Chief Executive Officer, Cummins Inc., and Girish Wagh, Executive Director,…
Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Unit Transfer Agreement (UTA) for the acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat, which inter-alia includes: (i) entire land & buildings; (ii) Vehicle Manufacturing Plant along with machinery and equipment situated therein;…
Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have today signed a Memorandum of Understanding (MOU) with the Government of Gujarat (GoG) for the potential acquisition of FIPL’s Sanand vehicle manufacturing facility including (i) Land & Buildings (ii) Vehicle Manufacturing Plant, Machinery and Equipment and…
Tata Motors Limited announced the re-appointment of Hanne Birgitte Sorensen as Non-Executive Independent Director of the company, with effect from January 3, 2023. According to the company’s exchange filing, “we hereby inform you that the Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has approved re-appointment of Ms Hanne Birgitte…
Tata Motors Limited announced the re-appointment of Om Prakash Bhatt as a Non-Executive Independent Director on the company’s Board, with effect from May 9, 2022. According to the company’s exchange filing, “we hereby inform you that the Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, have approved reappointment of Mr…
Tata Motors Limited announced the appointment of Al-Noor Ramji as an Additional Director and Independent Director of the company, effective May 1, 2022. According to the company’s exchange filing, “we hereby inform you that the Board of Directors at its meeting held on January 31, 2022, based on the recommendation of the Nomination and Remuneration…
Tata Motors announced it has appointed Anurag Mehrotra as Vice President- International Business and Strategy of its Commercial Vehicle Business Unit (CVBU), effective October 1, 2021. He will be based out of IB office at Worli and will report to Executive Director & Head, CVBU, the company said. Most recently, Mehrotra served Ford India as President &…
Tata Motors announced it has appointed Maloy Kumar Gupta as Company Secretary and Compliance Officer, effective from September 01, 2021. He succeeds Hoshang K Sethna, who has resigned from the role, w.e.f September 01, 2021. Maloy Kumar Gupta has more than 23 years of experience in Group Corporate Secretarial and Finance Functions, including Mergers &…
Jaguar Land Rover has announced the appointment of Lennard Hoornik as new Chief Commercial Officer. Lennard will begin his new role with immediate effect, helping to drive innovation within Jaguar Land Rover, and realise the potential of the business’s Reimagine strategy, according to a statement. Lennard will be responsible for all global sales and marketing…
Tata Motors announced that Guenter Butschek who had informed his desire to relocate to Germany at the end of the contract for personal reasons, will therefore be stepping down from his role as CEO & MD from June 30, 2021. He will continue as a consultant to the company till the end of this fiscal…
Tata Motors has announced that Mr. Martin Uhlarik has been appointed as the new Global Design Head of the company. Mr. Uhlarik was till recently Head of Design for Tata Motors European Technical Centre (TMETC) and takes over his new role from Mr. Pratap Bose who has chosen to pursue opportunities outside the company. Over…
JLR said that it would cut 2,000 jobs from its global salaried workforce, just days after announcing its luxury Jaguar brand will be entirely electric by 2025 and e-models of its entire lineup will be launched by 2030, according to Reuters report. “The full review of the Jaguar Land Rover organisation is already underway,” the…