Tata Motors Share Price Live Updates: Tata Motors faces a setback in monthly returns
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Time of India
37 minutes ago
- Time of India
Tata Motors eyes ₹6,500 cr boost from PLI scheme as EV line‑up expands
Tata Motors plans to secure about ₹6,500 crore in incentives from the Government's production‑linked incentive (PLI) scheme for electric vehicles over the next three years, company executives have told The Financial Express . The country's largest maker of electric passenger and commercial vehicles expects roughly ₹4,000 crore to come from its passenger‑vehicle (PV) range and a further ₹2,500 crore from its commercial‑vehicle (CV) portfolio. Tata Motors has already received ₹385 crore in PLI benefits for FY25 – ₹250 crore for PVs and ₹135 crore for CVs – up from ₹142 crore a year earlier. A company spokesperson said the firm intends to 'avail the full benefits' available until FY28. Tata Motors PLI-certified PV models At present, three PLI‑certified PV models – the Tiago EV, Tigor EV and Punch EV – are earning incentives of roughly ₹40 crore a month. With the recent certification of a forty‑five‑kilowatt‑hour Nexon EV variant and forthcoming approvals for the Harrier EV, Curvv EV and Sierra EV, Tata Motors expects monthly inflows to climb, taking total PV incentives to around ₹700 crore by the end of FY26 and up to ₹2,000 crore annually thereafter. Tata Motors PLI-certified CV models In the CV division, led by executive director Girish Wagh, three electrified Ace mini‑truck variants and two each of the Starbus and Ultra electric buses already qualify for PLI support. The incentives lifted CV earnings before interest, tax, depreciation and amortisation margins by twenty basis points in FY25, while PV margins improved by seventy basis points. Despite its early lead, Tata Motors' share of India's passenger‑EV market fell to 35 per cent in May 2025 from 81 per cent in FY23. Shailesh Chandra, managing director of Tata Passenger Electric Mobility, told investors the firm aims to regain 'about 50 per cent share in the mid to long term' through its expanded electric portfolio and PLI‑driven cost advantages.
NDTV
an hour ago
- NDTV
Tata Curvv Gets Price Hike- Here's How Much Creta Rival Costs Now
Tata Motors has revised the prices of the Curvv coupe-SUV with immediate effect. With the changes in place, the vehicle is now more expensive by up to Rs 13,000, depending on the variant. Along with this, the brand has made changes in the prices of other models as well. Specifically, the Tiago, Tiago NRG, and the Tigor. The starting price for the Curvv's entry-level model remains at Rs. 10 lakh. The prices for several other variants, including the Accomplished S GDI turbo-petrol MT Dark Edition, Accomplished S GDI turbo-petrol DCA Dark Edition, Accomplished+ A GDI turbo-petrol MT Dark Edition, Accomplished+ A GDI turbo-petrol DCA Dark Edition, Smart diesel MT, Accomplished S diesel MT Dark Edition, Accomplished S diesel DCA Dark Edition, Accomplished+ A diesel MT Dark Edition, and Accomplished+ A diesel DCA Dark Edition, also stay the same. A price increase of Rs. 3,000 applies to the Creative S GDI turbo-petrol MT, Accomplished+ A GDI turbo-petrol DCA, Creative+ S GDI turbo-petrol MT, Creative+ S GDI turbo-petrol DCA, Accomplished S GDI turbo-petrol MT, Accomplished+ A GDI turbo-petrol MT, and Accomplished+ A GDI turbo-petrol DCA versions of the Tata Curvv. All remaining variants experience a consistent price change of Rs. 13,000. The Tata Curvv is available with three different engine options: two petrol variants and one diesel variant. The 1.2-litre Revotron petrol engine produces 118 hp alongside 170 Nm of torque. The Curvv's 1.2-litre Hyperion petrol engine offers 123 hp and 225 Nm of torque. The 1.5-litre diesel engine has an output of 116 hp and 260 Nm. Each engine choice comes with either a 6-speed manual transmission or a 7-speed DCA. With these specs, the Tata Curvv competes against models like the Hyundai Creta, Maruti Suzuki Grand Vitara, and others.
Hans India
5 hours ago
- Hans India
Virtusa Foundation Strengthens Educational Infrastructure and Green Transport at Ramakrishna Mission, Bengaluru
Bengaluru In a significant step towards creating lasting community impact, the Virtusa Foundation the CSR arm of Virtusa Corporation, a global leader in digital engineering and technology services today unveiled key initiatives at Ramakrishna Mission, Shivanahalli, Bengaluru. The event marked the inauguration of a 16-room residential facility for teachers and the flagging off of two electric buses charged by electricity generated using solar energy, reflecting Virtusa Foundation's deep-rooted commitment to its three pillars of impact: Education, Environment, and Empowerment (3Es). Located in a remote forest-fringe region bordering Bannerghatta National Park, this initiative amplifies support for the tribal and underserved communities that the Ramakrishna Mission has tirelessly supporting for over four decades. The newly built 7,000 sq. ft. teachers' quarters, featuring a multipurpose hall, four pantry areas, and a common washroom, directly addresses the challenge of retaining teachers in remote places like Shivanahalli, where the lack of basic amenities has led to high attrition. With a capacity for up to 34 teachers, the facility offers stability and comfort that encourages longer tenures. This continuity in teaching has a direct, positive impact on students, ensuring consistent guidance, stronger relationships, and improved learning outcomes. By investing in improved living conditions, Virtusa Foundation reinforces its commitment to improving education outcomes through teacher retention, academic continuity, and a stronger teaching environment in rural communities. To further strengthen educational access, two new Tata Ultra 9m EV buses, charged by electricity generated from solar energy, were flagged off to provide daily transportation for 120 students from scattered villages across forested terrain. Each bus is equipped with fast-charging capabilities to ensure uninterrupted daily operations. To prioritize student safety, the buses include multiple protection features, such as an electronic braking system, electronic stability control, lap seat belts, a fire detection and alarm system, soft grab handles, and fire-retardant seat covers. On weekends, the buses also bring students from 10 government schools in the Bannerghatta region to the campus for 'MaaDoo', a hands-on STEM learning initiative. In a region where limited transport often disrupts education, this solution ensures reliable access to school while advancing India's EV goals. With this initiative, Ramakrishna Mission, Shivanahalli becomes the first school in India to operate Tata Motors' electric buses charged by electricity generated using solar energy, a milestone made possible by Virtusa Foundation's investment in green mobility. The effort also supports Virtusa's sustainability targets of achieving net-zero emissions by 2040 and 100 percent renewable energy use by 2030, bridging inclusive education with environmental responsibility.
