Tata Motors Limited has announced Marc Llistosella as its new chief executive officer and managing director of the company, effective July 1, 2021. Llistosella will take over from the current incumbent Guenter Butschek, who has preferred to relocate to Germany, his native place. The Tata Group chairman N Chandrasekaran, who is also the chairman of…
Indian automobile company and owner of Jaguar Land Rover, Tata Motors is reportedly planning to cut 1,100 temporary jobs as it moves ahead with cost-cutting measures as the coronavirus pandemic hits at the company’s revenues. Tata Motor’s Chief Financial Officer PB Balaji recently said that Tata Motors expects to save 5 billion pounds in costs…
As the coronavirus pandemic affects business revenues and future plans due to uncertainty of the economic environment, organizations have started to give their employees salary cuts to conserve cash during the crisis. Joining the likes of many other companies, Tata Sons have also decided to move ahead with salary cuts for its top brass. For…
Tata Motors – India’s leading automobile brand, announced a calibrated restart of manufacturing operations for both Commercial and Passenger Vehicles from its plants located at Pantnagar (Uttarakhand) beginning last week and from Sanand (Gujarat). Tata Motors plants in Lucknow (Uttar Pradesh), Dharwad (Karnataka), Jamshedpur (Jharkhand) and Pune (only for Ambulance Vehicle manufacturing) are in final…
As India witnesses, a spike in coronavirus positive cases, organizations around the country have started increasing their precautionary measures to safeguard their employees during the time of a pandemic. The novel coronavirus, which originated in the Wuhan City of China is now spreading really fast in the state of Maharashtra. Responding to the increasing tensions…
Tata Motors Ltd has announced in a BSE filing that Ralf Speth, Jaguar Land Rover Automotive Plc (JLR)’s Executive Director and Chief Executive Officer, will retire from his current role at the end of his contract term in September 2020. In a BSE filing, N Chandrasekaran, Chairman of Tata Sons, said, “I want to thank…
Tata Motors on Wednesday announced the appointment of Ravindra Kumar G.P as its President & Chief Human Resources Officer. “Ravindra will oversee all human resource operations for Tata Motors, effective December 17, 2018. He will report into Mr. Guenter Butschek, CEO Tata Motors and will be a member of the Executive Committee.” the company said…
Tata Motors’s subsidiary Jaguar Land Rover Limited is likely to cut jobs next year as part of its £2.5 billion cost-saving plans. However, the UK-based luxury carmaker declined to comment on reports. After a loss of £90 million in the three months to September, hit by falling sales in China and Europe, JLR started focusing on improving profitability and cashflow.…
Gajendra Chandel, President and CHRO at Tata Motors Ltd, has decided to move on from Tata Motors after serving the firm for 14 long years. “Gajendra Chandel has decided to move on from his role at Tata Motors … to pursue his entrepreneurial interests,” a Tata Motors spokesperson said an email response to ET’s queries. Chandel…
Hyundai Motors: Hyundai Motor India has elevated R. Sethuraman, Senior Vice-President – Finance and Corporate Affairs, as a member of the board. He will continue to handle Finance and Corporate Affairs function at the company and would also act as a trustee of Hyundai Motor’s Corporate Social Responsibility arm Hyundai Motor India Foundation. R Sethuraman,…