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Tata Harrier EV deliveries commences across India. Check details

Tata Harrier EV deliveries commences across India. Check details

The deliveries of the Tata Harrier EV have begun. The new flagship model from the electric vehicle wing of Tata Motors went on sale in June 2025. Priced between ₹21.49 lakh and ₹29.74 lakh, the Tata Harrier EV comes in three wide-ranging trims- Adventure, Fearless and Empowered as well as the Stealth Edition. Tata Harrier EV is priced between
₹ 21.49 lakh and
₹ 29.74 lakh.
Tata launched the Harrier EV in four unique shades of colour—Nainital Nocturne, Empowered Oxide, Pristine White, and Pure Grey. Along with these, the Stealth Edition has also been launched, painted in a all-black shade.
(Also read: Tata Harrier EV at Quad Day: Capability without drama and technology with real purpose)
Tata Harrier EV: Specs
The Tata Harrier EV underpins the carmaker's latest acti.ev+ platform, tailored specifically for electric driving. The electric SUV comes with two drivetrain options—Rear-Wheel Drive (RWD) and All-Wheel Drive (AWD), also known as Quad-Wheel Drive (QWD) here. The RWD model has a single rear-mounted electric motor, while the QWD model has dual motors, one for each axle, for enhanced traction and dynamic response.
Tata Harrier EV: Battery capacity and range
In terms of output, the RWD Harrier EV gets 235 bhp and 315 Nm of torque. The QWD, however, takes the power to 391 bhp and 504 Nm with its twin-motor configuration. The buyers can choose between two battery packs: a 65 kWh one that is certified for a range of 538 km (MIDC), and a bigger 75 kWh battery that gives the range a boost to 627 km for the RWD variant and 622 km for the QWD variant.
(Also read: Tata Harrier EV: A showcase of Tata Motors' global tech ties and EV ecosystem vision)
Tata Harrier EV: Features and Technology
The Harrier EV comes with a plethora of premium features and digital upgrades. It features an all-digital driver's display, a Samsung Neo QLED touchscreen infotainment system developed in collaboration with Harman, and a surround-sound system upgraded with Dolby Atmos.
For visibility and safety, it has a 540-degree camera system, digital IRVM, and transparent bonnet view feature, which shows the terrain ahead under the car—particularly useful for off-road driving or for getting out of tight spaces.
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Retail investors drive Margin Trading Funding to record high in August despite market haze
Retail investors drive Margin Trading Funding to record high in August despite market haze

Time of India

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  • Time of India

Retail investors drive Margin Trading Funding to record high in August despite market haze

Margin Trading Funding (MTF) in India reached a record high in August, exceeding ₹96,000 crore, reflecting strong investor confidence despite market fluctuations. This surge indicates a growing appetite among retail investors to borrow for stock market investments. Hindustan Aeronautics, Tata Motors, and TCS are among the most traded stocks using borrowed funds, highlighting specific investment preferences. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Mumbai: Retail investors ' appetite to borrow to bet on shares remains undeterred despite the recent haze in the market. Money borrowed under brokers' Margin Trading Funding ( MTF ) facility-a system allowing investors to borrow to buy shares they cannot afford - surged to a record high in August, highlighting the continued risk-on total MTF book stood at above ₹96,000 crore in August against nearly ₹88,000 crore at the end of June. In September 2024 - when the bull run was at its peak - the MTF book was at around ₹85,400 crore."The record high levels in the MTF book reflect strong investor sentiment, indicating confidence after we faced a prolonged correction since September, which has now started reversing," said Suresh Shukla, chief business officer, SBI margin funding, investors buy stocks by paying up only part of the total value, while brokers fund the rest of the purchase by charging an interest rate. Most brokers charge interest rates in the range of 9-15% per annum for an investor buys a share worth ₹100 under the MTF facility, she will need to bring in only 20% of the transaction value, or ₹20, while the remaining 80%, or ₹80, is covered by the brokers. Investors could also pledge their shares in their demat accounts as collateral as part of the margin usually provide a leverage of 3-4 times the margin amount. Regulatory actions in the past year discouraging retail investors from trading in futures and options may have boosted the demand for the margin funding facility. In last three months, the MTF book surged 33% while the benchmark Nifty gained 1.3% in the same period."MTF is easier to comprehend for retail investors compared to F&O trading," said Ashish Nanda, president & digital business head, Kotak Securities. "It is a high-risk high high-conviction tool for short term, albeit less risky than derivatives."After a record-breaking rally that peaked in September, the MTF book had declined to ₹71,000 crore in March following the market slump. It resumed its upward trajectory in April in the face of the market rebound. Hindustan Aeronautics (HAL) is the most traded stock with borrowed funds from margin trading, with a combined amount financed of about ₹1,373 crore. Tata Motors and Tata Consultancy Services (TCS) also have funded bets worth ₹1,337 crore and ₹1,249 crore, respectively. Jio Financial Services and Reliance Industries have an outstanding MTF positions of over ₹1,000 crore a record-breaking rally that peaked in September, the MTF book had declined to ₹71,000 crore in March following the market slump. It resumed upward trajectory in April in the face of the market is the most traded stock with borrowed funds from margin trading, with a combined amount financed of about ₹1,373 crore. Tata Motors and TCS also have funded bets worth ₹1,337 crore and ₹1,249 crore respectively. Jio Financial and Reliance Industries have an outstanding MTF positions of over ₹1,000 crore each.

Retail investors drive Margin Trading Funding to record high in August despite market haze
Retail investors drive Margin Trading Funding to record high in August despite market haze

Economic Times

time2 hours ago

  • Economic Times

Retail investors drive Margin Trading Funding to record high in August despite market haze

Margin Trading Funding (MTF) in India reached a record high in August, exceeding ₹96,000 crore, reflecting strong investor confidence despite market fluctuations. This surge indicates a growing appetite among retail investors to borrow for stock market investments. Hindustan Aeronautics, Tata Motors, and TCS are among the most traded stocks using borrowed funds, highlighting specific investment preferences. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Mumbai: Retail investors ' appetite to borrow to bet on shares remains undeterred despite the recent haze in the market. Money borrowed under brokers' Margin Trading Funding ( MTF ) facility-a system allowing investors to borrow to buy shares they cannot afford - surged to a record high in August, highlighting the continued risk-on total MTF book stood at above ₹96,000 crore in August against nearly ₹88,000 crore at the end of June. In September 2024 - when the bull run was at its peak - the MTF book was at around ₹85,400 crore."The record high levels in the MTF book reflect strong investor sentiment, indicating confidence after we faced a prolonged correction since September, which has now started reversing," said Suresh Shukla, chief business officer, SBI margin funding, investors buy stocks by paying up only part of the total value, while brokers fund the rest of the purchase by charging an interest rate. Most brokers charge interest rates in the range of 9-15% per annum for an investor buys a share worth ₹100 under the MTF facility, she will need to bring in only 20% of the transaction value, or ₹20, while the remaining 80%, or ₹80, is covered by the brokers. Investors could also pledge their shares in their demat accounts as collateral as part of the margin usually provide a leverage of 3-4 times the margin amount. Regulatory actions in the past year discouraging retail investors from trading in futures and options may have boosted the demand for the margin funding facility. In last three months, the MTF book surged 33% while the benchmark Nifty gained 1.3% in the same period."MTF is easier to comprehend for retail investors compared to F&O trading," said Ashish Nanda, president & digital business head, Kotak Securities. "It is a high-risk high high-conviction tool for short term, albeit less risky than derivatives."After a record-breaking rally that peaked in September, the MTF book had declined to ₹71,000 crore in March following the market slump. It resumed its upward trajectory in April in the face of the market rebound. Hindustan Aeronautics (HAL) is the most traded stock with borrowed funds from margin trading, with a combined amount financed of about ₹1,373 crore. Tata Motors and Tata Consultancy Services (TCS) also have funded bets worth ₹1,337 crore and ₹1,249 crore, respectively. Jio Financial Services and Reliance Industries have an outstanding MTF positions of over ₹1,000 crore a record-breaking rally that peaked in September, the MTF book had declined to ₹71,000 crore in March following the market slump. It resumed upward trajectory in April in the face of the market is the most traded stock with borrowed funds from margin trading, with a combined amount financed of about ₹1,373 crore. Tata Motors and TCS also have funded bets worth ₹1,337 crore and ₹1,249 crore respectively. Jio Financial and Reliance Industries have an outstanding MTF positions of over ₹1,000 crore each.

In the driver's seat: Tata's trusted man Balaji has his task cut out at JLR
In the driver's seat: Tata's trusted man Balaji has his task cut out at JLR

Mint

time2 hours ago

  • Mint

In the driver's seat: Tata's trusted man Balaji has his task cut out at JLR

New Delhi: Tata Group chairperson Natarajan Chandrasekaran is known to be someone who trusts his inner circle of leaders to accomplish the task he has assigned them. The announcement of group chief financial officer of Tata Motors P.B. Balaji as the new chief executive of British luxury brand Jaguar Land Rover seems to be an example of the long-running instinct of the 62-year-old chairperson of the salt-to-steel conglomerate. Late on Monday night, the news of the appointment of Balaji emerged just days after it was known that the current chief executive officer (CEO) Adrian Mardell was on his way out. Mardell was JLR's finance chief before taking over as its CEO. Although Mardell's decision to retire became public just two months after the automaker assured investors that the company's growth journey was on track, Chandrasekaran's statement on the appointment of Balaji as the new helsman suggested that a search was on for a few months. 'The search for a suitable candidate to lead JLR has been undertaken by the board for the past few months and after careful consideration it was decided to appoint Balaji. He has been associated with the company for the past many years and is familiar with the company, its strategy and has been working with the JLR leadership team,' Chandrasekaran said. The search efforts converged on Balaji, one of the first few leaders hired in the Tata Group nine months after Chandrasekaran took over the leadership of the conglomerate in February 2017. Balaji is one of the trusted hands for Tata Motors, and Chandrasekaran recently praised the turnaround of the company, particularly its finances. 'Here, let me pause and mention one example that exemplifies the best of what we can do: Tata Motors,' Chandrasekaran said in his letter to shareholders of Tata Sons. 'With barely 5% share in passenger vehicles in 2017, it seemed an implausible idea that Tata Motors could launch India's first electric vehicle in under one year from design to production, that its market position could rise from 6th to top-3 in the Indian market, that it could transform from a debt of ₹ 62,000 crore to net cash positive status,' he added in his letter. A lot of the credit for this turnaround at Tata Motors could be attributed to Balaji, who joined Tata Motors in November 2017. 'PB Balaji has the chairperson's backing and his trust, given the work he has done over the last few years,' said Naveen Khajanchi, CEO and director at NKH Foundation Pvt Ltd, a leadership coaching firm. In Chandrasekaran's eyes, the automobile business holds significant importance, as he put in his address to shareholders. 'I had the opportunity to constantly share updates with Ratan Tata about the business in the last few years. While we all miss him, I want you to know that he would have been very proud of the turnaround of the business as Tata Motors was very close to his heart,' Chandrasekaran told shareholders. And for the good health of the automobile business, JLR holds utmost importance. In FY25, the company contributed 71% to Tata Motors' consolidated revenue of ₹ 4.4 trillion. Given the flux in the global automobile markets, thanks to Trump tariffs and China's curbs on rare earth magnets, the timing of the move couldn't be more crucial for Jaguar Land Rover and Tata Motors. The country's third-largest car maker will demerge into two separate entities for passenger vehicle and commercial vehicle businesses. The UK-based JLR is facing headwinds on multiple fronts. The imposition of tariffs by the US president Donald Trump's administration has meant that sales in its largest market could slow down. Moreover, it is facing challenges in the Chinese market as domestic brands there continue to surge. Balaji's appointment also comes at a time when the head of state of its biggest market - United States - has publicly slammed the brand for its "woke" advertisements and rebranding exercise. "The CEO just resigned in disgrace and the company is in absolute turmoil," US president Donald Trump wrote in a Truth Social post. In 2024-25, JLR's revenue fell 0.1% to £28.9 billion, while profit after tax declined 30% to £1.8 billion. Retail sales declined 0.6% to 428,854 units. The company has also guided for 5-7% margins in the current financial year, down from 10%. 'Balaji has proved himself with financial turnaround and health of the automobile business. But now being the CEO of an automobile company, he will have to look after the innovation, design and competitiveness of the brand,' Khajanchi noted. European automakers are being challenged in their home market by Chinese rivals BYD. Moreover, JLR is undergoing a transition under which it has discontinued all the models of Jaguar, barring one, as it moves towards an all-electric positioning. When he takes over in November this year, Balaji will have to navigate Trump's tariff tantrums, uncertainty in global markets, severe competition from China and an electric transition. Analysts' commentary on the near-term prospects of the company has been anything but positive. 'JLR is facing multiple headwinds, which include tariff-led uncertainty for exports to the US, demand weakness in key regions like Europe and China, and rising VME (variable marketing expenses), warranty and emission costs,' analysts at Motilal Oswal Financial Services wrote in a 10 June note. Agreeing with the observations in the Motilal Oswal note, Raghunandhan NL, Manav Shah and Rahul Kumar of Nuvama Institutional Equities said the path ahead for JLR appears to be difficult in the near term. 'In JLR, discontinuance of 'Jaguar' models, loss of market share in the China region and imposition of tariffs in the US region, shall lead to a volume contraction ahead,' the analysts wrote in a 10 June note. Investors also seem to be jittery about the company, with shares of Tata Motors declining by 13% in 2025 so far as against a 3% rise in Nifty Auto. The history of the role Balaji is inheriting wouldn't give too much confidence, barring one exception. Since the takeover of JLR by Tata Group in 2008 for $2.3 billion, there have been four chief executives. Former Ford executive David Smith, who steered the company between 2008 and 2010, left at a time when the British brand saw its sales fall by more than a fifth. Taking over from Smith was Ralf Speth, who had stints at BMW and Ford, before joining JLR. The executive led the company for nearly a decade before stepping down in 2020, the year Covid-19 ravaged sales of automakers globally. Thereafter, former Renault chief executive Thierry Bolloré took the reins, setting the company on a path to full electrification. However, Bollore stepped down in 2022 citing personal reasons, and was replaced by Mardell, an old-timer at JLR who has been with the brand since it was taken over by the Tatas. As most of his predecessors had experience of working with automobile firms with luxury brands, Balaji's choice may seem unorthodox. However, he is someone who is well entrenched across the Tata Group, even with firms with whom JLR will have to work closely in future. The former Unilever chief financial officer, Balaji also serves on the boards of Titan, Air India, Agratas Energy and Tata Consumer. Agratas is building a 40 GWh electric vehicle battery manufacturing plant in the UK whose anchor customer is going to be JLR. Balaji has been a key financial architect and a turnaround man for Tata Motors for eight years. Now, as CEO, his ultimate test would be whether he can fashion a similar revival for JLR, which is going through its most challenging period in a decade.

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