The Indian stock market is trading on a positive note in a volatile trade with Sensex up 84.88 points or 0.21 percent at 40760.33, and the Nifty gained 24.20 points at 12018.40.Metal stocks have rebounded with the index adding over a percent led by Tata Steel, JSW Steel, Jindal Steel & Power, Hindalco Industries, SAIL, Vedanta, NMDC and Coal India.Nifty PSU Bank is up over a percent led by Canara Bank, Union Bank of India, Oriental Bank of Commerce, J&K Bank, State Bank of India, Bank of Baroda and Indian Bank among others.Close Bank Nifty added close to a percent led by ICICI Bank which jumped over 3 percent hitting new record high followed by YES Bank, RBL Bank, Federal Bank and Axis Bank. related news D-Street Buzz: Nifty Metal underperforms dragged by JSPL; Zee Ent jumps 6%, VIX spikes Pennar Industries share price gains 5% after co bags orders worth Rs 302cr Force Motors share price jumps 4% after sharp rise in November sales Nifty IT is up 1.5 percent, the … [Read more...] about D-Street Buzz: Metal stocks rebound led by JSPL, Tata Steel; Tata Motors jumps 7%
Fresher mechanical engineering jobs in tata motors
Tata Motors will unveil its much-anticipated premium hatchback today, the Altroz. It is slated for a launch in January 2020 and gets a host of premium features and upgrades from the Indian carmaker.Multiple spy shots and teasers of the car have given us an idea of its aesthetic appearance. It is built on the company’s Impact 2.0 design. It also gets front doors that can open to 90 degrees, along with a raked honeycomb mesh grille, sleek projector headlamps and 16-inch, 8-spoke alloy wheels.The interiors are equipped with a floating touchscreen infotainment display with phone app connectivity, ambient lighting, climate control, and a semi-digital instrument cluster. Tata is also expected to equip it with dual airbags, ABS with EBD, rear parking sensors with camera, and a high-speed alert along with driver and co-driver seatbelt warning.Close Mechanically, the Altroz is expected to be offered with BSI-compliant petrol and diesel engine options. It should get a 1.2-litre naturally … [Read more...] about Tata to launch Altroz today: How does it fare against rivals?
Tata Motors has officially unveiled the Altroz in Jaisalmer, Rajasthan ahead of its January 2020 launch. It is the company’s first car in the premium hatchback segment and the first Tata to be offered with BSVI-compliant engine options.It is based on the company’s Agile, Light, Flexible and Advanced Architecture (ALFA) Arc platform which will be used extensively by the company for future models. It is 3990mm long, 1755mm wide and 1523mm tall, with a wheelbase of 2501mm. For its top-trim, it gets 16-inch wheels, while the rest get 14-inch units.Tata is offering the Altroz with a 1.2-litre, naturally aspirated, 3-cylinder petrol engine which makes 86PS of maximum power and 113Nm of peak torque. It is also offered with a 1.5-litre diesel engine making 90PS and 200Nm. Both engines are mated to a 5-speed manual transmission, while the driver can choose between City and Eco driving modes to alter the throttle response and engine characteristics.Close The interiors are equipped … [Read more...] about Tata unveils Altroz: First car from the company’s stable with BSVI powertrain
The Indian stock market continues trading on a positive note with Sensex up 138.81 points or 0.34 percent at 40960.11, and the Nifty gained 44.50 points or 0.37 percent at 12082.20.Nifty Auto is up over a percent after reports suggested that there could be approval for scrappage policy in today's meeting.The top gainers included Bharat Forge, Tata Motors, Maruti Suzuki, TVS Motor Company, Ashok Leyland, Mahindra & Mahindra, Eicher Motors and Bajaj Auto.Close Metal stocks are also shining led by Vedanta, Hindustan Zinc, NMDC, Hindalco Industries, Jindal Steel & Power, JSW Steel and Coal India. related news D-Street Buzz: Nifty Metal underperforms dragged by JSPL; Zee Ent jumps 6%, VIX spikes Pennar Industries share price gains 5% after co bags orders worth Rs 302cr Force Motors share price jumps 4% after sharp rise in November sales From the IT space, the top gainers are HCL Technologies, Wipro, Infosys and Mindtree.The top gainers from … [Read more...] about D-Street Buzz: YES Bank, UltraTech top gainers; Whirlpool jumps 5%, Bharti Infratel drags
terling Investment Corporation and Cyrus Investments sold 19.90 lakh shares of Tata Consultancy Services (TCS) shares in the open market last week and raised Rs 400 crore for Shapoorji Pallonji (SP) Group amid its shaky financial situation, reports The Times of India.Sterling Investment headed by Shapoor Mistry, Chairman of SP Group, and Cyrus Mistry’s Cyrus Investments together held 73.45 lakh TCS shares (0.19 percent). This has now reduced to 53.55 lakh TCS shares, or 0.14 percent, the report noted.Close Before the sale, Shapoor and his younger brother Cyrus together held 73.45 lakh TCS shares (or 0.19 percent of TCS equity), via the SP Group’s 18.38 percent stake in Tata Sons. They now own 53.55 lakh TCS shares (0.14 percent). related news Allcargo said to eyeing controlling stake in Gati; courier co stock up 5% How to look for investment opportunities in this market Slowdown forces aggressive cost cuts at Tata Motors, co may offer VRS to 1,600 … [Read more...] about Shapoorji Pallonji Group sells TCS stake, raises Rs 400cr under asset monetisation plan: Report