While most people would agree an internship with Tata Motors is a good experience for people interested in working in the industry, the company's former chairman thinks otherwise.

Ratan Tata in an interview with Humans of Bombay (HOB), recalled his first internship experience at Tata Motors and describes it as "a total waste of time".&nbsp;

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<a href="https://www.instagram.com/p/B8v4mqJBFa7/?utm_source=ig_embed&amp;utm_campaign=loading" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_blank">(2/3) After the move, I did spend some time with my grandmom. I’d run with my dog, catch up with her car &amp; we’d have long chats. I’m glad I got that time with her before she passed, because right after, I moved to Jamshedpur for an internship at what’s known as Tata Motors now. It was a waste of time–I was moved from one department to another &amp; was looked at as a family member, so no one told me what to do–but I spent 6 months trying to be ‘useful’. It was only after I moved to Tata Steel that I got specific work &amp; my job got interesting. I started from the floor &amp; really understood the plight of those working there. So years later, when we downsized Tata Steel from 78,000 to 40,000, we ensured to pay them their present day wages until retirement–it’s been in our DNA to serve those who serve us. By the time I finished 6 years in Jamshedpur, architecture had become a hobby–I enjoyed designing homes for my mom &amp; I, but apart from that, my life was dedicated to the business. In 1991, JRD stepped down as the Chairman of Tata Industries. At first, there was no criticism, but when he stepped down from Tata Sons, there was vicious criticism. There were other aspirants for the position, who were vocal of him having made the wrong decision. I’d been through this before, so I did what I knew best–maintained a dignified silence &amp; focused on proving myself. The criticism was personal–JRD got clubbed with nepotism &amp; I, as the wrong choice. I was under scrutiny, but the time I spent on the floor served as a big plus! All in all, it was a big move. I remember after I was appointed Chairman, I walked with JRD to his office, where he told his secretary that he had to move out. I said, ‘No, J, don’t move out, this is your office for as long as you want.’ He said, ‘Where will you sit?’ I said, ‘Where I’m sitting today–I have an office down the hall &amp; that’s fine.’ I was lucky to have him there. He was my greatest mentor &amp; the years that he was alive, I used to go into his office &amp; say, ‘J, I wish this had happened 10 years ago, we have such a great relationship.’ He was like a father &amp; a brother to me &amp; not enough’s been said about that.”</a>

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He said he was shuffled from department to department without anybody telling him what to do.

"It was a waste of time, I was moved from one department to another and was looked at as a family member, so no one told me what to do, but I spent six months trying to be useful," he said in a three-part interview to the Human of Bombay. 
&nbsp; 
"It was only after I moved to Tata Steel that I got specific work and my job got interesting," Ratan said, adding, "I started from the floor and really understood the plight of those working there."&nbsp;

He further talked about the criticism his predecessor, JRD Tata, faced after he appointed Ratan Tata as the chairman of Tata Sons in 1991.

"The criticism was personal, JRD got clubbed with nepotism and I, as the wrong choice. I was under scrutiny, but the time I spent on the floor served as a big plus!" he said.

"All in all, it was a big move. I remember after I was appointed Chairman, I walked with JRD to his office, where he told his secretary that he had to move out. I said, no, J, don't move out, this is your office for as long as you want."&nbsp;

"JRD said, 'Where will you sit?' I said, 'Where I'm sitting today, I have an office down the hall and that's fine,'" said Ratan Tata.

"I was lucky to have him there. He was my greatest mentor and the years that he was alive," Ratan Tata concluded in the interview.

Humans of Bombay conducted a three-part interview with Ratan Tata. In the first, Ratan Tata had talked about his time in Los Angeles, when he fell in love and "almost got married".

While most people would agree an internship with Tata Motors is a good experience for people interested in working in the industry, the company's former chairman thinks otherwise.

While most people would agree an internship with Tata Motors is a good experience for people interested in working in the industry, the company's former chairman thinks otherwise. Ratan Tata in an interview with Humans of Bombay (HOB), recalled his first internship experience at Tata Motors and describes it as "a total waste of time". View this post on Instagram (2/3) After the move, I did spend some time with my grandmom. I’d run with my dog, catch up with her car & we’d have long chats. I’m glad I got that time with her before she passed, because right after, I moved to Jamshedpur for an internship at what’s known as Tata Motors now. It was a waste of time–I was moved from one department to another & was looked at as a family member, so no one told me what to do–but I spent 6 months trying to be ‘useful’. It was only after I moved to Tata Steel that I got specific work & my job got interesting. I started from the floor & really understood the plight of those working there. So years later, when we downsized Tata Steel from 78,000 to 40,000, we ensured to pay them their present day wages until retirement–it’s been in our DNA to serve those who serve us. By the time I finished 6 years in Jamshedpur, architecture had become a hobby–I enjoyed designing homes for my mom & I, but apart from that, my life was dedicated to the business. In 1991, JRD stepped down as the Chairman of Tata Industries. At first, there was no criticism, but when he stepped down from Tata Sons, there was vicious criticism. There were other aspirants for the position, who were vocal of him having made the wrong decision. I’d been through this before, so I did what I knew best–maintained a dignified silence & focused on proving myself. The criticism was personal–JRD got clubbed with nepotism & I, as the wrong choice. I was under scrutiny, but the time I spent on the floor served as a big plus! All in all, it was a big move. I remember after I was appointed Chairman, I walked with JRD to his office, where he told his secretary that he had to move out. I said, ‘No, J, don’t move out, this is your office for as long as you want.’ He said, ‘Where will you sit?’ I said, ‘Where I’m sitting today–I have an office down the hall & that’s fine.’ I was lucky to have him there. He was my greatest mentor & the years that he was alive, I used to go into his office & say, ‘J, I wish this had happened 10 years ago, we have such a great relationship.’ He was like a father & a brother to me & not enough’s been said about that.” A post shared by Humans of Bombay (@officialhumansofbombay) on Feb 19, 2020 at 4:18am PST × He said he was shuffled from department to department without anybody telling him what to do. "It was a waste of time, I was moved from one department to another and was looked at as a family member, so no one told me what to do, but I spent six months trying to be useful," he said in a three-part interview to the Human of Bombay. "It was only after I moved to Tata Steel that I got specific work and my job got interesting," Ratan said, adding, "I started from the floor and really understood the plight of those working there." He further talked about the criticism his predecessor, JRD Tata, faced after he appointed Ratan Tata as the chairman of Tata Sons in 1991. "The criticism was personal, JRD got clubbed with nepotism and I, as the wrong choice. I was under scrutiny, but the time I spent on the floor served as a big plus!" he said. "All in all, it was a big move. I remember after I was appointed Chairman, I walked with JRD to his office, where he told his secretary that he had to move out. I said, no, J, don't move out, this is your office for as long as you want." "JRD said, 'Where will you sit?' I said, 'Where I'm sitting today, I have an office down the hall and that's fine,'" said Ratan Tata. "I was lucky to have him there. He was my greatest mentor and the years that he was alive," Ratan Tata concluded in the interview. Humans of Bombay conducted a three-part interview with Ratan Tata. In the first, Ratan Tata had talked about his time in Los Angeles, when he fell in love and "almost got married".

'Total waste of time': Ratan Tata recalls his first internship experience at Tata Motors

Shares, boosted by state-owned banking stocks, ended higher for the fourth straight session on Thursday, as Reserve Bank of India (RBI) kept rates steady and left the door open for more monetary easing.

The broader NSE <a href="https://www.wionews.com/business-economy/latest-business-news-sensex-nifty-end-higher-as-metals-advance-rate-decision-eyed-278868">Nifty </a>50 index closed up 0.4 per cent&nbsp;at 12,131.95 and the benchmark S&amp;P BSE&nbsp;<a href="https://www.wionews.com/business-economy/latest-business-news-sensex-nifty-end-higher-as-metals-advance-rate-decision-eyed-278868">Sensex&nbsp;</a>rose 0.4&nbsp;per cent&nbsp;to 41,306.03.

Also read:&nbsp;<a href="https://www.wionews.com/india-news/indian-economy-experienced-abrupt-slowdown-in-2019-but-its-not-in-a-recession-imf-md-277892">Indian economy experienced abrupt slowdown in 2019, but it’s not in a recession: IMF MD</a>

The <a href="https://www.wionews.com/india-news/indian-economy-experienced-abrupt-slowdown-in-2019-but-its-not-in-a-recession-imf-md-277892">Reserve Bank of India</a> kept key policy rates unchanged, as expected, as it sought to support faltering economic growth and avoid stoking already heightened inflation levels.

State-owned banks led gains as their main sub-index on the Nifty closed up 2.83 per cent.

The country's biggest lender <a href="https://www.wionews.com/business-economy/slowdown-in-india-expected-to-hit-job-sector-sbi-report-274275">State Bank of India</a> advanced 3.23&nbsp;per cent&nbsp;and Indusland Bank gained 4.57&nbsp;per cent.

Tata Motors emerged as the day's biggest laggard shedding 2.86 per cent.

Shares, boosted by state-owned banking stocks, ended higher for the fourth straight session on Thursday, as Reserve Bank of India (RBI) kept rates steady and left the door open for more monetary easing.

Shares, boosted by state-owned banking stocks, ended higher for the fourth straight session on Thursday, as Reserve Bank of India (RBI) kept rates steady and left the door open for more monetary easing. The broader NSE Nifty 50 index closed up 0.4 per cent at 12,131.95 and the benchmark S&P BSE Sensex rose 0.4 per cent to 41,306.03. Also read: Indian economy experienced abrupt slowdown in 2019, but it’s not in a recession: IMF MD The Reserve Bank of India kept key policy rates unchanged, as expected, as it sought to support faltering economic growth and avoid stoking already heightened inflation levels. State-owned banks led gains as their main sub-index on the Nifty closed up 2.83 per cent. The country's biggest lender State Bank of India advanced 3.23 per cent and Indusland Bank gained 4.57 per cent. Tata Motors emerged as the day's biggest laggard shedding 2.86 per cent.

Sensex, Nifty end higher as RBI keeps rates steady

Equities continued to rally on the second day of the new calendar year with benchmark indices closing 0.8 per cent higher due to global gains and stellar performance domestically by infrastructure majors. 
 
Finance Minister Nirmala Sitharaman recently announced a Rs 102 lakh crore infrastructure project pipeline for the next five years, a move that is likely to help the country nearly double GDP's size to five trillion dollars by 2025. 
 
The <a href="https://www.wionews.com/business-economy/equity-indices-close-in-the-green-adani-ports-gains-by-31-per-cent-271482">BSE S&amp;P Sensex</a> closed 321 points up at 41,627 while the Nifty 50 edged higher by 100 points at 12,283. 
 
Except for <a href="https://www.wionews.com/business-economy/indian-shares-slip-on-year-end-profit-booking-nifty-set-for-13-jump-in-2019-271230">Nifty IT</a> which wound up 0.03 per cent lower, all sectoral indices at the <a href="https://www.wionews.com/business-economy/equities-begin-2020-on-a-positive-note-led-by-metal-stocks-271361">National Stock Exchange</a> were in the green with Nifty metal shoring up by 2.68 per cent, bank by 1.04 per cent and realty by 0.92 per cent. 
 
Among stocks, auto major <a href="https://www.wionews.com/business-economy/market-closing-sensex-ends-17-points-lower-nifty-at-12256-271060">Tata Motors</a> gained by 5.1 per cent intraday to close at Rs 193.85 after global research firm Citi maintained a buy rating on the stock with a target of Rs 200. The firm has a positive stance on JLR recovery while domestic commercial vehicle and passenger vehicle volumes remained weak in December. 
 
But the overall rally was led by infra-led stocks, especially metal majors. Tata Steel gained by 4.3 per cent, JSW Steel by 3.2 per cent, Vedanta by 3.1 per cent and <a href="https://www.wionews.com/business-economy/sensex-rallies-by-413-points-to-scale-new-high-nifty-closes-at-12165-268755">Hindalco</a> by 2.4 per cent. 
 
Aditya Birla-led UltraTech Cement and Grasim added gains of 4.2 per cent and 3 per cent respectively while engineering major Larsen &amp; Toubro edged higher by 2.6 per cent. Private sector lender IndusInd Bank ticked up by 3.2 per cent. 
 
However, <a href="https://www.wionews.com/business-economy/sensex-falls-by-298-points-psu-banks-underperform-270367">Eicher Motors</a> fell by 2.3 per cent while Bajaj Auto, Bharat Petroleum Corporation, Cipla and Tata Consultancy Services closed in the red. 
 
Meanwhile, <a href="https://www.wionews.com/business-economy/global-markets-asian-shares-lower-as-investors-book-decade-end-profits-271229">Asian shares</a> were buoyed by Chinese markets after Beijing eased monetary policy to support slowing growth. Investors also cheered news that the United States and China will sign a trade pact soon after a year of volatile negotiations between the world's two largest economies. 
 
In China, the <a href="https://www.wionews.com/business-economy/sensex-falls-181-points-to-close-at-4146126-nifty-at-1221455-270010">Shanghai Composite Index</a> was 1.15 per cent higher but Seoul's Kospi began the year down by 1.02 per cent. Markets in Japan were closed for a national holiday. 
 
US President Donald Trump said on Tuesday that phase one of the <a href="https://www.wionews.com/world/us-china-phase-one-trade-deal-to-be-signed-january-15-trump-271308">trade deal</a> with China will be signed on January 15 at the White House, though uncertainty surrounds details about the agreement.

Equities continued to rally on the second day of the new calendar year with benchmark indices closing 0.8 per cent higher due to global gains and stellar performance domestically by infrastructure majors.

Equities continued to rally on the second day of the new calendar year with benchmark indices closing 0.8 per cent higher due to global gains and stellar performance domestically by infrastructure majors. Finance Minister Nirmala Sitharaman recently announced a Rs 102 lakh crore infrastructure project pipeline for the next five years, a move that is likely to help the country nearly double GDP's size to five trillion dollars by 2025. The BSE S&P Sensex closed 321 points up at 41,627 while the Nifty 50 edged higher by 100 points at 12,283. Except for Nifty IT which wound up 0.03 per cent lower, all sectoral indices at the National Stock Exchange were in the green with Nifty metal shoring up by 2.68 per cent, bank by 1.04 per cent and realty by 0.92 per cent. Among stocks, auto major Tata Motors gained by 5.1 per cent intraday to close at Rs 193.85 after global research firm Citi maintained a buy rating on the stock with a target of Rs 200. The firm has a positive stance on JLR recovery while domestic commercial vehicle and passenger vehicle volumes remained weak in December. But the overall rally was led by infra-led stocks, especially metal majors. Tata Steel gained by 4.3 per cent, JSW Steel by 3.2 per cent, Vedanta by 3.1 per cent and Hindalco by 2.4 per cent. Aditya Birla-led UltraTech Cement and Grasim added gains of 4.2 per cent and 3 per cent respectively while engineering major Larsen & Toubro edged higher by 2.6 per cent. Private sector lender IndusInd Bank ticked up by 3.2 per cent. However, Eicher Motors fell by 2.3 per cent while Bajaj Auto, Bharat Petroleum Corporation, Cipla and Tata Consultancy Services closed in the red. Meanwhile, Asian shares were buoyed by Chinese markets after Beijing eased monetary policy to support slowing growth. Investors also cheered news that the United States and China will sign a trade pact soon after a year of volatile negotiations between the world's two largest economies. In China, the Shanghai Composite Index was 1.15 per cent higher but Seoul's Kospi began the year down by 1.02 per cent. Markets in Japan were closed for a national holiday. US President Donald Trump said on Tuesday that phase one of the trade deal with China will be signed on January 15 at the White House, though uncertainty surrounds details about the agreement.

Sensex gains by 321 points as Nifty closes on high record, Tata Motors on top winner

Equity markets traded with a negative bias throughout the trading session on Thursday and closed in the red as profit booking weighed in.

The BSE S&amp;P Sensex closed 199 points or 0.5 per cent lower at 38,107 while the Nifty 50 slid by 47 points to 11,313.

At the National Stock Exchange (NSE), most sectoral indices were in the red except for auto, media, PSU bank, and realty.

The nifty metal was down by 3 per cent, financial service by 1.1 per cent and private bank by 1.02 per cent.

But among stocks, <a href="https://www.wionews.com/business-economy/sensex-nifty-slip-as-united-states-widens-trade-war-to-europe-yes-bank-recovers-253385">Yes Bank</a>&nbsp;rose by 33.59 per cent to Rs 42.75 per share after Managing Director and CEO Ravneet Gill had a conference call with investors and analysts to assure them about the bank's strong fundamentals and operating metrics.

He said that Senior Group President and Chief Financial Officer Rajat Monga has decided to quit.

The other prominent gains were Bharat Petroleum Corporation, Zee Entertainment, Tata Motors, and Indian Oil Corporation.

However, metal stocks suffered badly with Vedanta down by 4.6 per cent, Hindalco by 4 per cent and Tata Steel by 3.4 per cent.

Private banks also remained on slippery ground with the IndusInd Bank sliding by 3 per cent, Kotak Mahindra Bank by 2.1 per cent, HDFC Bank by 2 per cent and Axis Bank by 1.7 per cent.

The other prominent losers were Coal India, Grasim and UltraTech Cements.

Meanwhile, Asian stocks skidded to a one-month low after President Donald Trump's administration announced a day earlier that the United States will <a href="https://www.wionews.com/world/us-widens-trade-war-with-tariffs-on-european-planes-cheese-whisky-to-punish-subsidies-253360">impose tariffs</a> on 7.5 billion dollars of goods from the European Union.

Japanese Nikkei traded down by over 2 per cent, South Korean Kospi by 1.9 per cent and Shanghai composite index by 0.9 per cent.

Global slowdown coupled with the chaos in Hong Kong pulled down other Asian indices as well.

Equity markets traded with a negative bias throughout the trading session on Thursday and closed in the red as profit booking weighed in. The BSE S&P Sensex closed 199 points or 0.

Equity markets traded with a negative bias throughout the trading session on Thursday and closed in the red as profit booking weighed in. The BSE S&P Sensex closed 199 points or 0.5 per cent lower at 38,107 while the Nifty 50 slid by 47 points to 11,313. At the National Stock Exchange (NSE), most sectoral indices were in the red except for auto, media, PSU bank, and realty. The nifty metal was down by 3 per cent, financial service by 1.1 per cent and private bank by 1.02 per cent. But among stocks, Yes Bank rose by 33.59 per cent to Rs 42.75 per share after Managing Director and CEO Ravneet Gill had a conference call with investors and analysts to assure them about the bank's strong fundamentals and operating metrics. He said that Senior Group President and Chief Financial Officer Rajat Monga has decided to quit. The other prominent gains were Bharat Petroleum Corporation, Zee Entertainment, Tata Motors, and Indian Oil Corporation. However, metal stocks suffered badly with Vedanta down by 4.6 per cent, Hindalco by 4 per cent and Tata Steel by 3.4 per cent. Private banks also remained on slippery ground with the IndusInd Bank sliding by 3 per cent, Kotak Mahindra Bank by 2.1 per cent, HDFC Bank by 2 per cent and Axis Bank by 1.7 per cent. The other prominent losers were Coal India, Grasim and UltraTech Cements. Meanwhile, Asian stocks skidded to a one-month low after President Donald Trump's administration announced a day earlier that the United States will impose tariffs on 7.5 billion dollars of goods from the European Union. Japanese Nikkei traded down by over 2 per cent, South Korean Kospi by 1.9 per cent and Shanghai composite index by 0.9 per cent. Global slowdown coupled with the chaos in Hong Kong pulled down other Asian indices as well.

Sensex closes 199 points lower but Yes Bank jumps over 33%

Indian shares gave up gains in the last hour of trade to end lower on Thursday, with the blue-chip NSE index snapping five consecutive sessions of gains, as auto and financial stocks weighed.

The broader NSE Nifty closed down 0.48% at 10,982.80, while the benchmark BSE Sensex ended 0.45% lower at 37,104.28. The BSE Sensex snapped three sessions of gains.

The Nifty auto index ended 1.88% lower, with Tata Motors Ltd and Maruti Suzuki Ltd shedding 4.76% and 3.11%, respectively.

Shares of Yes Bank Ltd and Axis Bank Ltd were among the top percentage losers on the NSE Nifty, closing down 5.1% and 2.76%, respectively.

Airline stocks bucked the trend, with Interglobe Aviation Ltd rising 3.55% to a record high, while smaller rival SpiceJet Ltd rose as much as 5.51% — its best intraday spike ever.

Indian shares gave up gains in the last hour of trade to end lower on Thursday, with the blue-chip NSE index snapping five consecutive sessions of gains, as auto and financial stocks weighed.

Indian shares gave up gains in the last hour of trade to end lower on Thursday, with the blue-chip NSE index snapping five consecutive sessions of gains, as auto and financial stocks weighed. The broader NSE Nifty closed down 0.48% at 10,982.80, while the benchmark BSE Sensex ended 0.45% lower at 37,104.28. The BSE Sensex snapped three sessions of gains. The Nifty auto index ended 1.88% lower, with Tata Motors Ltd and Maruti Suzuki Ltd shedding 4.76% and 3.11%, respectively. Shares of Yes Bank Ltd and Axis Bank Ltd were among the top percentage losers on the NSE Nifty, closing down 5.1% and 2.76%, respectively. Airline stocks bucked the trend, with Interglobe Aviation Ltd rising 3.55% to a record high, while smaller rival SpiceJet Ltd rose as much as 5.51% — its best intraday spike ever.

Nifty, Sensex snap multi-day rally to end lower

Indian shares ended lower on Monday, led by losses among auto stocks, as investor caution in the wake of weak earnings continued.

The broader NSE Nifty closed down 0.84% at 11,189.20, while the benchmark BSE Sensex ended 0.52% lower at 37,686.37.

The Nifty Auto index closed 3.6% lower after a disappointing earnings season from its heavyweights and a government proposal to lower taxes on electric vehicles, which threatened the traditional sector.

Tata Motors ended 6.5% down after the company's losses nearly doubled, while Maruti Suzuki India Ltd, which reported a better-than-expected first-quarter profit on controlled costs still ended 4.2% lower

Indiabulls Housing Finance led the losers among NSE stocks, closing down 10.5% after a lawmaker alleged the company embezzled money to the tune of 1 trillion rupees ($14.53 billion).

Among gainers, ICICI Bank ended 3.3% in the black, after the lender reported lower first-quarter provisions for bad loans, which boosted its profit.

Indian shares ended lower on Monday, led by losses among auto stocks, as investor caution in the wake of weak earnings continued. The broader NSE Nifty closed down 0.

Indian shares ended lower on Monday, led by losses among auto stocks, as investor caution in the wake of weak earnings continued. The broader NSE Nifty closed down 0.84% at 11,189.20, while the benchmark BSE Sensex ended 0.52% lower at 37,686.37. The Nifty Auto index closed 3.6% lower after a disappointing earnings season from its heavyweights and a government proposal to lower taxes on electric vehicles, which threatened the traditional sector. Tata Motors ended 6.5% down after the company's losses nearly doubled, while Maruti Suzuki India Ltd, which reported a better-than-expected first-quarter profit on controlled costs still ended 4.2% lower Indiabulls Housing Finance led the losers among NSE stocks, closing down 10.5% after a lawmaker alleged the company embezzled money to the tune of 1 trillion rupees ($14.53 billion). Among gainers, ICICI Bank ended 3.3% in the black, after the lender reported lower first-quarter provisions for bad loans, which boosted its profit.

Sensex, Nifty end lower dragged by auto stocks

Jaguar Land Rover owner Tata Motors Ltd on Thursday reported a bigger-than-expected quarterly loss that nearly doubled, as a slump in demand for cars continued at home, while plant shutdowns and delays due to Britain's planned exit from the European Union also hurt earnings.

India's biggest automaker by revenue said it lost 36.98 billion rupees ($535.93 million) in the quarter ended June 30, compared to a loss of 19.02 billion rupees a year ago. Revenue fell 7.7% to 608.30 billion rupees.

Analysts on an average expected Tata Motors to report a loss of 19.38 billion rupees in the quarter, according to Refinitiv data.

The results "primarily reflect lower revenue resulting from the weaker market conditions," the company said in a statement.

Revenue from Jaguar Land Rover Automotive PLC, the company's biggest unit, fell 2.8% to 5.07 billion pounds ($6.34 billion).

The Indian auto sector has been plagued by slowing demand due to higher insurance costs and a credit squeeze in recent months, prompting many automakers such as the company's rival, Maruti Suzuki Ltd, to cut production on surging inventories.

Car sales indicate the broader economic consumption pattern, and Tata Motors is the first major automaker to report quarterly numbers, making it a key indicator for the industry's performance.

Passenger vehicle sales in June fell over 17%, data released by the industry's trade body earlier this month showed, resulting in an 18.4% fall for the first quarter as a whole.

Tata completed the $2.3 billion acquisition of Jaguar and Land Rover in 2008, but the iconic British brand has been hit by a trend to move away from diesel cars, as well as political and trade uncertainty related to Brexit.

The company's shares closed down 4.6% in a broader <a href="https://www.google.com/url?client=internal-uds-cse&amp;cx=006054055338965708568:09spwrlibei&amp;q=https://www.wionews.com/business-economy/nifty-sensex-close-lower-for-fifth-day-after-imf-cuts-growth-forecast-238177&amp;sa=U&amp;ved=2ahUKEwjs0u3xgdDjAhVSjuYKHQi9BtUQFjAAegQIAxAC&amp;usg=AOvVaw0D04CHTottvBnFs47brlNm">NSE market</a> that ended 0.17% lower.

Jaguar Land Rover owner Tata Motors Ltd on Thursday reported a bigger-than-expected quarterly loss that nearly doubled, as a slump in demand for cars continued at home, while plant shutdowns and delays due to Britain's planned exit from the European Union also hurt earnings.

Jaguar Land Rover owner Tata Motors Ltd on Thursday reported a bigger-than-expected quarterly loss that nearly doubled, as a slump in demand for cars continued at home, while plant shutdowns and delays due to Britain's planned exit from the European Union also hurt earnings. India's biggest automaker by revenue said it lost 36.98 billion rupees ($535.93 million) in the quarter ended June 30, compared to a loss of 19.02 billion rupees a year ago. Revenue fell 7.7% to 608.30 billion rupees. Analysts on an average expected Tata Motors to report a loss of 19.38 billion rupees in the quarter, according to Refinitiv data. The results "primarily reflect lower revenue resulting from the weaker market conditions," the company said in a statement. Revenue from Jaguar Land Rover Automotive PLC, the company's biggest unit, fell 2.8% to 5.07 billion pounds ($6.34 billion). The Indian auto sector has been plagued by slowing demand due to higher insurance costs and a credit squeeze in recent months, prompting many automakers such as the company's rival, Maruti Suzuki Ltd, to cut production on surging inventories. Car sales indicate the broader economic consumption pattern, and Tata Motors is the first major automaker to report quarterly numbers, making it a key indicator for the industry's performance. Passenger vehicle sales in June fell over 17%, data released by the industry's trade body earlier this month showed, resulting in an 18.4% fall for the first quarter as a whole. Tata completed the $2.3 billion acquisition of Jaguar and Land Rover in 2008, but the iconic British brand has been hit by a trend to move away from diesel cars, as well as political and trade uncertainty related to Brexit. The company's shares closed down 4.6% in a broader NSE market that ended 0.17% lower.

Tata Motors first-quarter loss nearly doubles, Jaguar Land Rover challenges continue

Indian shares ended higher on Tuesday, led by strong gains in Yes Bank Ltd ahead of its quarterly results, while Tata Motors Ltd saw its best day in nearly two months.

The broader NSE Nifty closed up 0.64% at 11,662.6, while the benchmark <a href="https://www.google.com/url?client=internal-uds-cse&amp;cx=006054055338965708568:09spwrlibei&amp;q=https://www.wionews.com/business-economy/post-budget-sensex-down-over-630-points-pnb-stocks-falls-further-233908&amp;sa=U&amp;ved=2ahUKEwifjN6upLnjAhViguYKHd50C0gQFjACegQIEBAC&amp;usg=AOvVaw0bCZs3sQ08IfmUpzUTVTVp">BSE Sensex</a> settled 0.6% higher at 39,131.04.

Private-sector lender Yes Bank, due to report quarterly results on Wednesday, surged 11.4% to its best closing level in two weeks. This was also its best daily performance since mid-Feb.

Automaker Tata Motors jumped 5.6% to its highest close since June 11.

Top IT firm Tata Consultancy Services Ltd, down 1.9%, was the biggest loser on the indexes.

Indian shares ended higher on Tuesday, led by strong gains in Yes Bank Ltd ahead of its quarterly results, while Tata Motors Ltd saw its best day in nearly two months.

Indian shares ended higher on Tuesday, led by strong gains in Yes Bank Ltd ahead of its quarterly results, while Tata Motors Ltd saw its best day in nearly two months. The broader NSE Nifty closed up 0.64% at 11,662.6, while the benchmark BSE Sensex settled 0.6% higher at 39,131.04. Private-sector lender Yes Bank, due to report quarterly results on Wednesday, surged 11.4% to its best closing level in two weeks. This was also its best daily performance since mid-Feb. Automaker Tata Motors jumped 5.6% to its highest close since June 11. Top IT firm Tata Consultancy Services Ltd, down 1.9%, was the biggest loser on the indexes.

Sensex and Nifty close higher as Tata Motors, Yes Bank surge

Domestic equity benchmark BSE Sensex rose over 100 points in early trade Thursday tracking positive cues from global markets ahead of the G-20 summit.

The 30-share index was trading 88.07 points, or 0.22 per cent, higher at 39,680.15 at 0930 hours. Similarly, the broader NSE Nifty was quoting 25.20 points, or 0.21 per cent, up at 11,872.75.

In the previous session Wednesday, the BSE gauge finished 157.14 points, or 0.40 per cent, higher at 39,592.08, and the broader NSE Nifty jumped 51.10 points, or 0.43 per cent, to 11,847.55.

Top gainers in the Sensex pack included Tata Motors, IndusInd Bank, ONGC, Axis Bank, M&amp;M, L&amp;T, NTPC, Maruti and HUL, rising up to 1.43 per cent.

While, TechM, Sun Pharma, HCL Tech, PowerGrid, Bajaj Auto, RIL, HDFC Bank and Bharti Airtel fell up to 1.14 per cent.

According to experts, equities are rallying globally as investors hope for progress in US-China trade talks at the G-20 summit scheduled to be held in Osaka, Japan, on June 28-29.

Elsewhere in Asian, Shanghai Composite Index, Hang Seng, Nikkei and Kospi were trading significantly higher in their respective early sessions.

Meanwhile, on a net basis, foreign institutional investors bought equities worth Rs 106.26 crore, while domestic institutional investors sold shares to the tune of Rs 51.47 crore, provisional data available with stock exchanges showed Wednesday.

On the currency front, the Indian rupee depreciated 15 paise to 69.30 against the US dollar.

The global oil benchmark Brent crude futures fell 0.35 per cent to 65.46 per barrel.&nbsp;

Domestic equity benchmark BSE Sensex rose over 100 points in early trade Thursday tracking positive cues from global markets ahead of the G-20 summit. The 30-share index was trading 88.

Domestic equity benchmark BSE Sensex rose over 100 points in early trade Thursday tracking positive cues from global markets ahead of the G-20 summit. The 30-share index was trading 88.07 points, or 0.22 per cent, higher at 39,680.15 at 0930 hours. Similarly, the broader NSE Nifty was quoting 25.20 points, or 0.21 per cent, up at 11,872.75. In the previous session Wednesday, the BSE gauge finished 157.14 points, or 0.40 per cent, higher at 39,592.08, and the broader NSE Nifty jumped 51.10 points, or 0.43 per cent, to 11,847.55. Top gainers in the Sensex pack included Tata Motors, IndusInd Bank, ONGC, Axis Bank, M&M, L&T, NTPC, Maruti and HUL, rising up to 1.43 per cent. While, TechM, Sun Pharma, HCL Tech, PowerGrid, Bajaj Auto, RIL, HDFC Bank and Bharti Airtel fell up to 1.14 per cent. According to experts, equities are rallying globally as investors hope for progress in US-China trade talks at the G-20 summit scheduled to be held in Osaka, Japan, on June 28-29. Elsewhere in Asian, Shanghai Composite Index, Hang Seng, Nikkei and Kospi were trading significantly higher in their respective early sessions. Meanwhile, on a net basis, foreign institutional investors bought equities worth Rs 106.26 crore, while domestic institutional investors sold shares to the tune of Rs 51.47 crore, provisional data available with stock exchanges showed Wednesday. On the currency front, the Indian rupee depreciated 15 paise to 69.30 against the US dollar. The global oil benchmark Brent crude futures fell 0.35 per cent to 65.46 per barrel.

Sensex rises over 100 points, Nifty above 11,850

Rising for a third straight session, the BSE benchmark Sensex Tuesday added another 166 points on the back of strong buying in banking, metal and energy stocks amid positive global cues.

After rallying nearly 300 points during the day, the BSE gauge settled 165.94 points or 0.42 per cent, higher at 39,950.46. The index hit an intra-day high of 40,066.31 and a low of 40,066.31.

Similarly, the broader NSE Nifty rose 42.90 points, or 0.36 per cent, to settle at 11,965.60. During the day, the index touched a high of 12,000.35 and a low of 11,904.35.

Top gainers in the Sensex pack were Tata Motors, ONGC, Yes Bank, IndusInd Bank and Vedanta rising up to 2.71 per cent.

On the other hand, Sun Pharma, M&amp;M, L&amp;T, Coal India and HUL fell up to 3 per cent.

Sectorally, metal, oil and gas and banking indices rose as much as 1.33 per cent.

Markets traded on a positive note following favourable global cues in Asian markets as sentiments turned upbeat after the US announced a deal with Mexico and investors turned hopeful of further progress on US-China trade talks, said Narendra Solanki, Head-Fundamental Research (Investment Services) - AVP Equity Research, Anand Rathi Shares and Stock Brokers.

In Asia, the Shanghai Composite Index rallied 2.58 per cent, Hang Seng ended 0.76 per cent higher, Nikkei rose 0.33 per cent and Kospi gained 0.59 per cent.

Bourses in Europe were also trading higher in their early deals. 
On the currency front, the Indian rupee appreciated 21 paise to 69.44 against the US dollar.

Brent crude futures, the global oil benchmark, fell marginally to USD 62.24 per barrel.

Rising for a third straight session, the BSE benchmark Sensex Tuesday added another 166 points on the back of strong buying in banking, metal and energy stocks amid positive global cues.

Rising for a third straight session, the BSE benchmark Sensex Tuesday added another 166 points on the back of strong buying in banking, metal and energy stocks amid positive global cues. After rallying nearly 300 points during the day, the BSE gauge settled 165.94 points or 0.42 per cent, higher at 39,950.46. The index hit an intra-day high of 40,066.31 and a low of 40,066.31. Similarly, the broader NSE Nifty rose 42.90 points, or 0.36 per cent, to settle at 11,965.60. During the day, the index touched a high of 12,000.35 and a low of 11,904.35. Top gainers in the Sensex pack were Tata Motors, ONGC, Yes Bank, IndusInd Bank and Vedanta rising up to 2.71 per cent. On the other hand, Sun Pharma, M&M, L&T, Coal India and HUL fell up to 3 per cent. Sectorally, metal, oil and gas and banking indices rose as much as 1.33 per cent. Markets traded on a positive note following favourable global cues in Asian markets as sentiments turned upbeat after the US announced a deal with Mexico and investors turned hopeful of further progress on US-China trade talks, said Narendra Solanki, Head-Fundamental Research (Investment Services) - AVP Equity Research, Anand Rathi Shares and Stock Brokers. In Asia, the Shanghai Composite Index rallied 2.58 per cent, Hang Seng ended 0.76 per cent higher, Nikkei rose 0.33 per cent and Kospi gained 0.59 per cent. Bourses in Europe were also trading higher in their early deals. On the currency front, the Indian rupee appreciated 21 paise to 69.44 against the US dollar. Brent crude futures, the global oil benchmark, fell marginally to USD 62.24 per barrel.

Sensex furthers gains for 3rd session on robust global cues

Sensex closed above 40,000 for the first time today, while the Nifty ended the day at record high of 12,103. Sensex closed 553 points higher at 40,267 level. Nifty50 has made an intraday high as well as new high of 12,103 after crossing the earlier high of 12,041.5, whereas Sensex hit all time high of 40,308.

Sensex closes above 40,000 for first time, Nifty too ends at record closing high

The BSE Sensex ended 203.65 points lower after a volatile session Wednesday as investors took money off the table amid mixed global cues.

After gyrating over 500 points, the 30-share BSE benchmark closed 203.65 points, or 0.55 per cent, lower at 37,114.88. The index hit an intra-day low of 37,047.87 and a high of 37,559.67.

Similarly, the broader NSE Nifty shed 65.05 points, or 0.58 per cent, to settle at 11,157. During the day, the gauge hit a low of 11,136.95 and a high of 11,286.80.

Yes Bank and Tata Motors were the biggest losers in the Sensex pack, slumping 8 per cent.

IndusInd Bank, Coal India, Sun Pharma, PowerGrid, Bharti Airtel, Axis Bank, Tata Steel, HUL, Maruti, L&amp;T, M&amp;M, ICICI Bank, HDFC and RIL too ended in the red, shedding up to 3.66 per cent.

On the other hand, Bajaj Finance was the top gainer, spurting 4.11 per cent, followed by ITC, Kotak Bank, Infosys and TCS, ending up to 1.05 per cent higher.

According to experts, investors are not very aggressive as every rally is being used as an opportunity to book profits. Market is also watchful of quarterly earnings and election verdict.

Sustained foreign fund outflow too weighed on investor sentiment, they added.

Foreign institutional investors net sold equities worth Rs 2,011.85 crore on Tuesday, while domestic institutional investors purchased shares to the tune of Rs 2,242.91 crore, provisional data available with stock exchanges showed.

Bourses in China, Japan and Korea ended in the green after US President Donald Trump hinted at the possibility of a trade deal with China.

European stocks, however, opened on a weak note.

Meanwhile, the Indian rupee appreciated by 11 paise to 70.33 against the US dollar intra-day.

Global oil benchmark Brent crude was trading 0.66 per cent lower at USD 70.77 per barrel.&nbsp;

The BSE Sensex ended 203.65 points lower after a volatile session Wednesday as investors took money off the table amid mixed global cues. After gyrating over 500 points, the 30-share BSE benchmark closed 203.

The BSE Sensex ended 203.65 points lower after a volatile session Wednesday as investors took money off the table amid mixed global cues. After gyrating over 500 points, the 30-share BSE benchmark closed 203.65 points, or 0.55 per cent, lower at 37,114.88. The index hit an intra-day low of 37,047.87 and a high of 37,559.67. Similarly, the broader NSE Nifty shed 65.05 points, or 0.58 per cent, to settle at 11,157. During the day, the gauge hit a low of 11,136.95 and a high of 11,286.80. Yes Bank and Tata Motors were the biggest losers in the Sensex pack, slumping 8 per cent. IndusInd Bank, Coal India, Sun Pharma, PowerGrid, Bharti Airtel, Axis Bank, Tata Steel, HUL, Maruti, L&T, M&M, ICICI Bank, HDFC and RIL too ended in the red, shedding up to 3.66 per cent. On the other hand, Bajaj Finance was the top gainer, spurting 4.11 per cent, followed by ITC, Kotak Bank, Infosys and TCS, ending up to 1.05 per cent higher. According to experts, investors are not very aggressive as every rally is being used as an opportunity to book profits. Market is also watchful of quarterly earnings and election verdict. Sustained foreign fund outflow too weighed on investor sentiment, they added. Foreign institutional investors net sold equities worth Rs 2,011.85 crore on Tuesday, while domestic institutional investors purchased shares to the tune of Rs 2,242.91 crore, provisional data available with stock exchanges showed. Bourses in China, Japan and Korea ended in the green after US President Donald Trump hinted at the possibility of a trade deal with China. European stocks, however, opened on a weak note. Meanwhile, the Indian rupee appreciated by 11 paise to 70.33 against the US dollar intra-day. Global oil benchmark Brent crude was trading 0.66 per cent lower at USD 70.77 per barrel.

Sensex tumbles 204 points, Nifty ends below 11,200

Tata Motors said on Thursday there was no truth to a report saying a sale of <a href="https://www.wionews.com/business-economy/tata-motors-jaguar-land-rover-to-halt-production-amid-brexit-disruption-192756">Jaguar Land Rover</a> to French automotive group PSA could be imminent, reported news agency Reuters.

The Press Association said leaked information suggested a <a href="https://www.wionews.com/world/jaguar-land-rover-to-cut-5000-uk-jobs-report-189382">sale could be imminent</a>, citing a "post-sale integration document", which outlines the benefits of the two companies joining forces.

"As a matter of policy, we do not comment on media speculation. But we can confirm there is no truth to these rumours," the Reuters report said quoting a Tata Motors spokesperson.

(With inputs from Reuters)

Tata Motors said on Thursday there was no truth to a report saying a sale of Jaguar Land Rover to French automotive group PSA could be imminent, reported news agency Reuters.

Tata Motors said on Thursday there was no truth to a report saying a sale of Jaguar Land Rover to French automotive group PSA could be imminent, reported news agency Reuters. The Press Association said leaked information suggested a sale could be imminent, citing a "post-sale integration document", which outlines the benefits of the two companies joining forces. "As a matter of policy, we do not comment on media speculation. But we can confirm there is no truth to these rumours," the Reuters report said quoting a Tata Motors spokesperson. (With inputs from Reuters)

No truth in speculation of Jaguar Land Rover sale: Tata Motors

Tata Motors may phase out small diesel cars from its portfolio as demand is expected to slow down. Watch this video to know more.

Tata Motors may drop small diesel cars

Domestic equity benchmarks started on a positive note Monday led by gains in IT bellwether TCS, amid sustained foreign fund inflow and positive global cues.

After rising over 100 points in the early session, the 30-share index was trading 67.91 points or 0.18 per cent higher at 38,835.02. The NSE Nifty was trading 21.20 points, or 0.18 per cent, up at 11,664.65 in the early session.

During the past week, the Sensex fell 95.12 points or 0.24 per cent, while the Nifty shed 22.5 points or 0.19 per cent.

Top gainers in the Sensex pack include Tata Motors, TCS, Coal India, HCL Tech, Vedanta, Tata Steel, Hero MotoCorp, ITC, Kotak Bank, Asian Paints, IndusInd Bank and Axis Bank, rising up to 4.12 per cent.

TCS led the gains in early trade after the company Friday reported a 17.7 per cent growth in consolidated net profit at Rs 8,126 crore for the March 2019 quarter.

According to Rajesh Gopinathan, chief executive officer and managing director at TCS, this is the strongest revenue growth that the firm have had in the last fifteen quarters.

On the other hand, Infosys was the top loser, shedding 2.73 per cent on BSE. The IT major Friday posted a 10.5 per cent rise in consolidated net profit at Rs 4,078 crore for the March 2019 quarter and guided towards 7.5-9.5 per cent growth in revenue for FY 2019-20.

Bharti Airtel, Sun Pharma, M&amp;M, ONGC and Maruti were among the other losers on Sensex.

Meanwhile, foreign institutional investors (FIIs) purchased equity worth Rs 897.45 crore on Friday, while domestic institutional investors (DIIs) sold equities to the tune of Rs 15.99 crore, provisional data available with stock exchanges showed.

The rupee appreciated marginally to 69.17 against the US dollar in early trade.

Brent crude futures, the global oil benchmark, was 0.13 per cent lower at $71.46 per barrel.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were positive in early trade.&nbsp;

Domestic equity benchmarks started on a positive note Monday led by gains in IT bellwether TCS, amid sustained foreign fund inflow and positive global cues. After rising over 100 points in the early session, the 30-share index was trading 67.

Domestic equity benchmarks started on a positive note Monday led by gains in IT bellwether TCS, amid sustained foreign fund inflow and positive global cues. After rising over 100 points in the early session, the 30-share index was trading 67.91 points or 0.18 per cent higher at 38,835.02. The NSE Nifty was trading 21.20 points, or 0.18 per cent, up at 11,664.65 in the early session. During the past week, the Sensex fell 95.12 points or 0.24 per cent, while the Nifty shed 22.5 points or 0.19 per cent. Top gainers in the Sensex pack include Tata Motors, TCS, Coal India, HCL Tech, Vedanta, Tata Steel, Hero MotoCorp, ITC, Kotak Bank, Asian Paints, IndusInd Bank and Axis Bank, rising up to 4.12 per cent. TCS led the gains in early trade after the company Friday reported a 17.7 per cent growth in consolidated net profit at Rs 8,126 crore for the March 2019 quarter. According to Rajesh Gopinathan, chief executive officer and managing director at TCS, this is the strongest revenue growth that the firm have had in the last fifteen quarters. On the other hand, Infosys was the top loser, shedding 2.73 per cent on BSE. The IT major Friday posted a 10.5 per cent rise in consolidated net profit at Rs 4,078 crore for the March 2019 quarter and guided towards 7.5-9.5 per cent growth in revenue for FY 2019-20. Bharti Airtel, Sun Pharma, M&M, ONGC and Maruti were among the other losers on Sensex. Meanwhile, foreign institutional investors (FIIs) purchased equity worth Rs 897.45 crore on Friday, while domestic institutional investors (DIIs) sold equities to the tune of Rs 15.99 crore, provisional data available with stock exchanges showed. The rupee appreciated marginally to 69.17 against the US dollar in early trade. Brent crude futures, the global oil benchmark, was 0.13 per cent lower at $71.46 per barrel. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were positive in early trade.

Sensex, Nifty start on a positive note; TCS jumps over 3%

The BSE benchmark Sensex rose over 150 points in early trade led by gains in banking and auto stocks amid positive cues from other Asian markets.

The BSE gauge Sensex was trading above the psychological 39,000-level in early deals up 176.95 points, or 0.45 per cent, at 39,233.60. The 30-share BSE index Tuesday settled at 39,056.65, 184.78 points or 0.48 per cent higher, marking its highest ever closing.

Similarly, the NSE benchmark Nifty was trading 39.05 points, or 0.33 per cent, higher at 11,752.25 in early session.

Top gainers on Sensex include Tata Motors, IndusInd Bank, HDFC twins, PowerGrid, Kotak Bank, Tata Steel, Bharti Airtel, Yes Bank, M&amp;M, Maruti, Bajaj Finance, SBI and RIL, rising up to 2.05 per cent.

On the other hand, Infosys, HUL, Coal India, L&amp;T and Sun Pharma were the top losers, falling up to 0.68 per cent.

According to experts, inflow of foreign liquidity in expectation of rate cut from the Reserve Bank of India (RBI) and revival in earnings will provide some stability in the market.

Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 543.36 crore Tuesday, while domestic institutional investors (DIIs) sold equities to the tune of Rs 437.70 crore, provisional data available with stock exchanges showed.

The Monetary Policy Committee (MPC) is holding a two-day meeting between April 2 and April 4 for the first bi-monthly policy statement for 2019-20. The RBI will unveil its first bi-monthly monetary policy decision of this new fiscal on Thursday.&nbsp;

Meanwhile, the rupee appreciated by 9 paise to trade at 68.65 to the US dollar in early trade on Wednesday.

Brent crude futures, the global oil benchmark, rose 0.52 per cent to trade at $69.73 per barrel.

Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading positive.

The BSE benchmark Sensex rose over 150 points in early trade led by gains in banking and auto stocks amid positive cues from other Asian markets. The BSE gauge Sensex was trading above the psychological 39,000-level in early deals up 176.

The BSE benchmark Sensex rose over 150 points in early trade led by gains in banking and auto stocks amid positive cues from other Asian markets. The BSE gauge Sensex was trading above the psychological 39,000-level in early deals up 176.95 points, or 0.45 per cent, at 39,233.60. The 30-share BSE index Tuesday settled at 39,056.65, 184.78 points or 0.48 per cent higher, marking its highest ever closing. Similarly, the NSE benchmark Nifty was trading 39.05 points, or 0.33 per cent, higher at 11,752.25 in early session. Top gainers on Sensex include Tata Motors, IndusInd Bank, HDFC twins, PowerGrid, Kotak Bank, Tata Steel, Bharti Airtel, Yes Bank, M&M, Maruti, Bajaj Finance, SBI and RIL, rising up to 2.05 per cent. On the other hand, Infosys, HUL, Coal India, L&T and Sun Pharma were the top losers, falling up to 0.68 per cent. According to experts, inflow of foreign liquidity in expectation of rate cut from the Reserve Bank of India (RBI) and revival in earnings will provide some stability in the market. Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 543.36 crore Tuesday, while domestic institutional investors (DIIs) sold equities to the tune of Rs 437.70 crore, provisional data available with stock exchanges showed. The Monetary Policy Committee (MPC) is holding a two-day meeting between April 2 and April 4 for the first bi-monthly policy statement for 2019-20. The RBI will unveil its first bi-monthly monetary policy decision of this new fiscal on Thursday. Meanwhile, the rupee appreciated by 9 paise to trade at 68.65 to the US dollar in early trade on Wednesday. Brent crude futures, the global oil benchmark, rose 0.52 per cent to trade at $69.73 per barrel. Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul were trading positive.

Sensex rises over 150 points, Nifty above 11,750

Extending gains for the second session, the BSE Sensex rose 142 points Thursday led by pharma, metal, auto and banking stocks amid buying by foreign and domestic institutional investors.

The 30-share Sensex settled 142.09 points, or 0.40 per cent higher at 35,898.35. The broader NSE Nifty gained 54.40 points, or 0.51 per cent, to 10,789.85.

Tata Motors was the biggest gainer in the Sensex pack, rallying 2.94 per cent. It was followed by Vedanta, Bajaj Finance, Sun Pharma, ONGC, ICICI Bank, Bajaj Auto, Tata Steel, RIL, HDFC duo, L&amp;T and SBI, rising up to 2.78 per cent.

On the other hand, Yes Bank, Coal India, Infosys, IndusInd Bank, Kotak Bank, Axis Bank, ITC and TCS slipped up to 1.33 per cent.

Sectorally, the BSE metal index, consumer durables, healthcare, finance and bankex rose up to 1.14 per cent; while IT and teck indices ended with losses.

Broader indices outperformed the benchmark. The BSE Midcap index climbed 0.88 per cent while the small-cap gauge rose 1.07 per cent.

According to traders, state-owned banks rose after the finance ministry on Wednesday announced infusion of Rs 48,239 crore in 12 public sector banks (PSBs) in this fiscal to help them maintain regulatory capital requirements and finance growth plans.

Foreign institutional investors (FIIs), who had been heavy sellers over the past few sessions, net bought equities worth Rs 713.47 crore Wednesday, while domestic institutional investors bought equities worth Rs 113.27 crore, provisional data showed.&nbsp;

Elsewhere in Asia, Hong Kong's Hang Seng rose 0.41 per cent and Japan's Nikkei ended 0.15 per cent higher; while Shanghai Composite Index shed 0.34 per cent and Korea's Kospi slipped 0.04 per cent.

In the Eurozone, Frankfurt's DAX was up 0.28 per cent, Paris CAC 40 fell 0.06 per cent, and London's FTSE was down 0.63 per cent in early deals.

The benchmark Brent crude futures fell 0.12 per cent to USD 67 per barrel. 
Meanwhile, the rupee depreciated marginally to 71.14 against the US dollar intra-day.&nbsp;

Extending gains for the second session, the BSE Sensex rose 142 points Thursday led by pharma, metal, auto and banking stocks amid buying by foreign and domestic institutional investors.

Extending gains for the second session, the BSE Sensex rose 142 points Thursday led by pharma, metal, auto and banking stocks amid buying by foreign and domestic institutional investors. The 30-share Sensex settled 142.09 points, or 0.40 per cent higher at 35,898.35. The broader NSE Nifty gained 54.40 points, or 0.51 per cent, to 10,789.85. Tata Motors was the biggest gainer in the Sensex pack, rallying 2.94 per cent. It was followed by Vedanta, Bajaj Finance, Sun Pharma, ONGC, ICICI Bank, Bajaj Auto, Tata Steel, RIL, HDFC duo, L&T and SBI, rising up to 2.78 per cent. On the other hand, Yes Bank, Coal India, Infosys, IndusInd Bank, Kotak Bank, Axis Bank, ITC and TCS slipped up to 1.33 per cent. Sectorally, the BSE metal index, consumer durables, healthcare, finance and bankex rose up to 1.14 per cent; while IT and teck indices ended with losses. Broader indices outperformed the benchmark. The BSE Midcap index climbed 0.88 per cent while the small-cap gauge rose 1.07 per cent. According to traders, state-owned banks rose after the finance ministry on Wednesday announced infusion of Rs 48,239 crore in 12 public sector banks (PSBs) in this fiscal to help them maintain regulatory capital requirements and finance growth plans. Foreign institutional investors (FIIs), who had been heavy sellers over the past few sessions, net bought equities worth Rs 713.47 crore Wednesday, while domestic institutional investors bought equities worth Rs 113.27 crore, provisional data showed. Elsewhere in Asia, Hong Kong's Hang Seng rose 0.41 per cent and Japan's Nikkei ended 0.15 per cent higher; while Shanghai Composite Index shed 0.34 per cent and Korea's Kospi slipped 0.04 per cent. In the Eurozone, Frankfurt's DAX was up 0.28 per cent, Paris CAC 40 fell 0.06 per cent, and London's FTSE was down 0.63 per cent in early deals. The benchmark Brent crude futures fell 0.12 per cent to USD 67 per barrel. Meanwhile, the rupee depreciated marginally to 71.14 against the US dollar intra-day.

Sensex ends 142 points higher; pharma, metal stocks rally

BSE benchmark Sensex dropped over 200 points in early trade Friday led by heavy losses in Tata Motors, and weak cues from global markets on renewed concerns over US-China trade tiff.

The 30-share index was trading 140.62 points, or 0.38 per cent, lower at 36,830.47. Similarly, the 50-share NSE Nifty dropped 33.40 points, or 0.30 per cent to 11,036.00.

On Thursday, the Sensex ended 4.14 points, or 0.01 per cent, lower at 36,971.09; while the broader Nifty settled 6.95 points, or 0.06 per cent, higher at 11,069.40.

In the morning session on Friday, Tata Motors was the biggest losers on both indices, cracking over 14 per cent, after the auto major reported its biggest-ever quarterly net loss of Rs 26,960.8 crore for the third quarter ended December 31, hit by one-time asset impairment in its struggling British arm Jaguar Land Rover.

This is the third consecutive quarterly loss reported by the company, which had registered a net profit of Rs 1,214.6 crore in the October-December quarter of 2017-18.

Other losers include Sun Pharma, Vedanta, L&amp;T, SBI, ICICI Bank, M&amp;M, Tata Steel, Infosys, HDFC and Tata Steel, falling up to 1.58 per cent. 
On the other hand, PowerGrid, HCL Tech, IndusInd Bank, Bajaj Finance, NTPC, Coal India and RIL were the top gainers, rising up to 1.38 per cent.

According to traders, besides heavy losses in Tata Motors, investor sentiment turned weak as fears of a global economic slowdown resurfaced after US President Donald Trump said that he doesn't expect to meet his Chinese counterpart Xi Jinping before a March 1 deadline in trade war negotiations between the two economic superpowers.

A top White House adviser Thursday said Washington and Beijing were still a "sizeable distance" apart in the trade talks, and no date has been set for a meeting between the countries' leaders.

The remarks helped deepen losses on Wall Street, which opened lower on Thursday following downbeat economic forecasts for major European economies.

Dow Jones Industrial Average ended 0.87 per cent lower on Thursday. 
Elsewhere in Asia, Japan's Nikkei plunged 1.63 per cent, Korea's Kospi cracked 1.12 per cent, and Hong Kong's Hang Seng fell 0.47 per cent in their early sessions on Friday.

On a net basis, foreign portfolio investors (FPIs) bought shares worth a net of Rs 418.01 crore Thursday, and domestic institutional investors (DIIs) were net buyers to the tune of Rs 294.11 crore, provisional data available with BSE showed.

The rupee, meanwhile, appreciated 5 paise against US dollar to 71.40. 
The benchmark Brent crude futures slipped 0.46 per cent to USD 61.17 per barrel.&nbsp;

BSE benchmark Sensex dropped over 200 points in early trade Friday led by heavy losses in Tata Motors, and weak cues from global markets on renewed concerns over US-China trade tiff.

BSE benchmark Sensex dropped over 200 points in early trade Friday led by heavy losses in Tata Motors, and weak cues from global markets on renewed concerns over US-China trade tiff. The 30-share index was trading 140.62 points, or 0.38 per cent, lower at 36,830.47. Similarly, the 50-share NSE Nifty dropped 33.40 points, or 0.30 per cent to 11,036.00. On Thursday, the Sensex ended 4.14 points, or 0.01 per cent, lower at 36,971.09; while the broader Nifty settled 6.95 points, or 0.06 per cent, higher at 11,069.40. In the morning session on Friday, Tata Motors was the biggest losers on both indices, cracking over 14 per cent, after the auto major reported its biggest-ever quarterly net loss of Rs 26,960.8 crore for the third quarter ended December 31, hit by one-time asset impairment in its struggling British arm Jaguar Land Rover. This is the third consecutive quarterly loss reported by the company, which had registered a net profit of Rs 1,214.6 crore in the October-December quarter of 2017-18. Other losers include Sun Pharma, Vedanta, L&T, SBI, ICICI Bank, M&M, Tata Steel, Infosys, HDFC and Tata Steel, falling up to 1.58 per cent. On the other hand, PowerGrid, HCL Tech, IndusInd Bank, Bajaj Finance, NTPC, Coal India and RIL were the top gainers, rising up to 1.38 per cent. According to traders, besides heavy losses in Tata Motors, investor sentiment turned weak as fears of a global economic slowdown resurfaced after US President Donald Trump said that he doesn't expect to meet his Chinese counterpart Xi Jinping before a March 1 deadline in trade war negotiations between the two economic superpowers. A top White House adviser Thursday said Washington and Beijing were still a "sizeable distance" apart in the trade talks, and no date has been set for a meeting between the countries' leaders. The remarks helped deepen losses on Wall Street, which opened lower on Thursday following downbeat economic forecasts for major European economies. Dow Jones Industrial Average ended 0.87 per cent lower on Thursday. Elsewhere in Asia, Japan's Nikkei plunged 1.63 per cent, Korea's Kospi cracked 1.12 per cent, and Hong Kong's Hang Seng fell 0.47 per cent in their early sessions on Friday. On a net basis, foreign portfolio investors (FPIs) bought shares worth a net of Rs 418.01 crore Thursday, and domestic institutional investors (DIIs) were net buyers to the tune of Rs 294.11 crore, provisional data available with BSE showed. The rupee, meanwhile, appreciated 5 paise against US dollar to 71.40. The benchmark Brent crude futures slipped 0.46 per cent to USD 61.17 per barrel.

Sensex drops over 200 points; Tata Motors tanks 14 per cent

Tata Motors-owned Jaguar Land Rover (JLR) has announced plans to halt production for a week at its UK plants in April due to <a href="http://www.wionews.com/opinions/why-a-no-deal-brexit-would-be-less-costly-for-the-eu-than-the-uk-192654">Brexit-related disruption</a>.

Britain's largest carmaker said the temporary production stand-down would take place between April 8 and 12 and affect all three of Jaguar Land Rover's UK car plants, as well as its engine plant.

Also read:<a href="http://www.wionews.com/world/seek-out-common-ground-says-queen-elizabeth-in-veiled-reference-to-brexit-192731"> Seek out common ground, says Queen Elizabeth in </a><a href="http://www.wionews.com/world/seek-out-common-ground-says-queen-elizabeth-in-veiled-reference-to-brexit-192731">veiled</a><a href="http://www.wionews.com/world/seek-out-common-ground-says-queen-elizabeth-in-veiled-reference-to-brexit-192731"> reference to Brexit</a>

"We have confirmed this year's holiday dates to employees across all UK sites. As part of this, we have also confirmed that there will be an additional week of production stand-down 8th-12th April due to potential Brexit disruption," a JLR spokesperson said.

Britain is set to leave the European Union (EU) by the deadline of March 29 this year but the process has been mired in controversy. The JLR has repeatedly warned against a hard exit from the 28-member economic bloc, which would adversely hit its supply chains and put jobs at risk.

The JLR employs just under 39,000 workers at its UK sites&nbsp;Castle Bromwich, Solihull and Wolverhampton in the West Midlands, and Halewood on Merseyside. The plan to pause production follows an announcement earlier this month that the company is to cut 4,500 jobs in a bid to cut costs of up to 2.5 billion pounds.

The luxury car brand had closed its main plant in Solihull for two weeks in October last year to reflect "fluctuating demand" in key markets like China.

The company has told the government that, while its "heart and soul" are in the UK, a bad Brexit or a "no-deal" scenario would severely impact the company's plans.&nbsp;

Tata Motors-owned Jaguar Land Rover (JLR) has announced plans to halt production for a week at its UK plants in April due to Brexit-related disruption. Britain's largest carmaker said the temporary production stand-down would take place between April 8 and 12 and affect all three of Jaguar Land Rover's UK car plants, as well as its engine plant.

Tata Motors-owned Jaguar Land Rover (JLR) has announced plans to halt production for a week at its UK plants in April due to Brexit-related disruption. Britain's largest carmaker said the temporary production stand-down would take place between April 8 and 12 and affect all three of Jaguar Land Rover's UK car plants, as well as its engine plant. Also read: Seek out common ground, says Queen Elizabeth in veiled reference to Brexit "We have confirmed this year's holiday dates to employees across all UK sites. As part of this, we have also confirmed that there will be an additional week of production stand-down 8th-12th April due to potential Brexit disruption," a JLR spokesperson said. Britain is set to leave the European Union (EU) by the deadline of March 29 this year but the process has been mired in controversy. The JLR has repeatedly warned against a hard exit from the 28-member economic bloc, which would adversely hit its supply chains and put jobs at risk. The JLR employs just under 39,000 workers at its UK sites Castle Bromwich, Solihull and Wolverhampton in the West Midlands, and Halewood on Merseyside. The plan to pause production follows an announcement earlier this month that the company is to cut 4,500 jobs in a bid to cut costs of up to 2.5 billion pounds. The luxury car brand had closed its main plant in Solihull for two weeks in October last year to reflect "fluctuating demand" in key markets like China. The company has told the government that, while its "heart and soul" are in the UK, a bad Brexit or a "no-deal" scenario would severely impact the company's plans.

Tata Motors' Jaguar Land Rover to halt production amid Brexit disruption

Jaguar Land Rover is set to announce up to 5,000 job cuts on Thursday, the BBC reported, after being buffeted by slumping sales in China and<a href="http://www.wionews.com/world/british-pm-theresa-may-suffers-parliament-defeat-as-brexit-debate-restarts-189271"> concerns over Brexit</a>.

The iconic British carmaker, which is owned by India's Tata Motors and employs more than 40,000 people in Britain, could not immediately be reached for comment when contacted by AFP.

Marketing, management and administration roles are expected to be those most affected, the BBC report said.

According to the broadcaster, the job layoffs are part of a £2.5 billion ($3.2 billion, 2.75 billion euro) cuts programme.

The report said JLR had been hit by a slump in Chinese sales, a downturn in diesel vehicle sales and fears about Britain's competitiveness after Brexit.

The carmaker has already moved to ensure it will still have a plant inside the European Union after Britain's planned departure from the bloc on March 29.

In October, JLR opened a 1.4-billion-euro ($1.6-billion) factory in Nitra, western Slovakia, its first in continental Europe.

In July it had warned that a "bad" Brexit deal could jeopardise planned investment of more than $100 billion, saying the future was unpredictable if free and frictionless trade with the EU and unrestricted access to its single market was not maintained.

Britain's business minister Greg Clark said a no-deal Brexit would be a disaster for the firm.

"JLR is a stellar company with a first-class workforce," he told BBC radio.

"They have always been clear that their success depends on exports, including to the rest of the EU.

"They are one of the prime examples of a brilliant just-in-time manufacturing process... that helps them be competitive.

"Given the difficulties that they are going through... to add further costs and further disruption from a no-deal Brexit, it's clear why they have been so clear why this would be against their interests."

Jaguar Land Rover is set to announce up to 5,000 job cuts on Thursday, the BBC reported, after being buffeted by slumping sales in China and concerns over Brexit.

Jaguar Land Rover is set to announce up to 5,000 job cuts on Thursday, the BBC reported, after being buffeted by slumping sales in China and concerns over Brexit. The iconic British carmaker, which is owned by India's Tata Motors and employs more than 40,000 people in Britain, could not immediately be reached for comment when contacted by AFP. Marketing, management and administration roles are expected to be those most affected, the BBC report said. According to the broadcaster, the job layoffs are part of a £2.5 billion ($3.2 billion, 2.75 billion euro) cuts programme. The report said JLR had been hit by a slump in Chinese sales, a downturn in diesel vehicle sales and fears about Britain's competitiveness after Brexit. The carmaker has already moved to ensure it will still have a plant inside the European Union after Britain's planned departure from the bloc on March 29. In October, JLR opened a 1.4-billion-euro ($1.6-billion) factory in Nitra, western Slovakia, its first in continental Europe. In July it had warned that a "bad" Brexit deal could jeopardise planned investment of more than $100 billion, saying the future was unpredictable if free and frictionless trade with the EU and unrestricted access to its single market was not maintained. Britain's business minister Greg Clark said a no-deal Brexit would be a disaster for the firm. "JLR is a stellar company with a first-class workforce," he told BBC radio. "They have always been clear that their success depends on exports, including to the rest of the EU. "They are one of the prime examples of a brilliant just-in-time manufacturing process... that helps them be competitive. "Given the difficulties that they are going through... to add further costs and further disruption from a no-deal Brexit, it's clear why they have been so clear why this would be against their interests."

Jaguar Land Rover to cut 5,000 UK jobs: Report

Shares of Tata Motors fell sharply by over 13 per cent Tuesday after the company-owned Jaguar Land Rover (JLR) reported 12.3 per cent decline in global sales in September.

The stock cracked 13.40 per cent to end at Rs 184.25 on the BSE. During the day, it slumped 19.78 per cent to Rs 170.65, its multi-year low level.

On NSE, the scrip dropped 13 per cent to close at Rs 184.55.

The stock was the worst hit among the blue chips on both the key indices during the day.

Led by the sharp fall in the stock, the company's market valuation tumbled Rs 8,228.6 crore to Rs 53,199.40 crore on the BSE.

In terms of the equity volume, 132.54 lakh shares of the company were traded on the BSE and over 14 crore shares changed hands on NSE during the day.

Steep drop in the scrip was also instrumental in dragging the BSE benchmark index lower by 174.91 points to end at 34,299.47.

JLR Monday reported 12.3 per cent decline in global sales at 57,114 units in September, hit by lower demand in China, the auto major said.

The company's sales in China declined by 46.2 per cent during September as compared to the same month last year as ongoing market uncertainty resulting from import duty changes and continued trade tensions held back consumer demand.

Meanwhile, JLR on Monday revealed plans for a two-week shutdown of its West Midlands plant at the end of October to cope with weakening global demand for its luxury vehicles.

Shares of Tata Motors fell sharply by over 13 per cent Tuesday after the company-owned Jaguar Land Rover (JLR) reported 12.3 per cent decline in global sales in September.

Shares of Tata Motors fell sharply by over 13 per cent Tuesday after the company-owned Jaguar Land Rover (JLR) reported 12.3 per cent decline in global sales in September. The stock cracked 13.40 per cent to end at Rs 184.25 on the BSE. During the day, it slumped 19.78 per cent to Rs 170.65, its multi-year low level. On NSE, the scrip dropped 13 per cent to close at Rs 184.55. The stock was the worst hit among the blue chips on both the key indices during the day. Led by the sharp fall in the stock, the company's market valuation tumbled Rs 8,228.6 crore to Rs 53,199.40 crore on the BSE. In terms of the equity volume, 132.54 lakh shares of the company were traded on the BSE and over 14 crore shares changed hands on NSE during the day. Steep drop in the scrip was also instrumental in dragging the BSE benchmark index lower by 174.91 points to end at 34,299.47. JLR Monday reported 12.3 per cent decline in global sales at 57,114 units in September, hit by lower demand in China, the auto major said. The company's sales in China declined by 46.2 per cent during September as compared to the same month last year as ongoing market uncertainty resulting from import duty changes and continued trade tensions held back consumer demand. Meanwhile, JLR on Monday revealed plans for a two-week shutdown of its West Midlands plant at the end of October to cope with weakening global demand for its luxury vehicles.

Tata Motors shares tank over 13%

Infosys, TCS and Tata Motors are among the 12 Indian companies which feature in a list of the world's best-regarded firms compiled by <a href="http://www.wionews.com/entertainment/scarlett-johansson-tops-the-forbes-highest-paid-actresses-2018-list-priyanka-deepika-not-in-top-10-159812">Forbes</a>.

<a href="http://www.wionews.com/entertainment/george-clooney-is-the-highest-paid-actor-in-the-world-akshay-kumar-salman-khan-in-top-10-160962">Also read: Clooney is highest paid actor; Akshay Kumar, Salman Khan in top 10 in Forbes list</a>

Entertainment giant Walt Disney, with a market cap of $165 billion topped the list, followed by hospitality major Hilton and Italian carmaker Ferrari at the second and third spots respectively.

Rounding out the top ten in 2018 are financial services companies Visa at the 4th place, digital payment company PayPal (5th), media company Netflix (6th), Siemens (7th), internet retailer Amazon.Com (8th) Marriott International (9th) and Mastercard (10th).

Housing finance major HDFC was the only company from India's banking and finance sector to figure in the list and was placed 217th.

Other Indian companies that made it to the coveted list include Infosys at the 31st place, Tata Consultancy Services (35), Tata Motors (70), Tata Steel (131), Larsen &amp; Toubro (135), Grasim Industries (154), General Insurance Corporation Of India (156), Mahindra &amp; Mahindra (164), Asian Paints (203), Steel Authority of India (227) and ITC (239).

US companies dominate the list with 61 of the total 250 firms.

Japan has 32 companies on the list. Video game maker Nintendo is the highest ranked Japanese company at the 11th rank, with Toyota following at 12th. Other well-represented countries are China with 19 companies, France (13), India (12) and Germany (11).

To compile this list, Forbes partnered with Statista, which surveyed 15,000 people from 60 countries.

The respondents were asked their opinions about the 2018 Global 2000 companies. Companies were evaluated on topics such as trustworthiness, social conduct, performance of the company's product or service and the company as an employer, Forbes said.

Infosys, TCS and Tata Motors are among the 12 Indian companies which feature in a list of the world's best-regarded firms compiled by Forbes. Also read: Clooney is highest paid actor; Akshay Kumar, Salman Khan in top 10 in Forbes list Entertainment giant Walt Disney, with a market cap of $165 billion topped the list, followed by hospitality major Hilton and Italian carmaker Ferrari at the second and third spots respectively.

Infosys, TCS and Tata Motors are among the 12 Indian companies which feature in a list of the world's best-regarded firms compiled by Forbes. Also read: Clooney is highest paid actor; Akshay Kumar, Salman Khan in top 10 in Forbes list Entertainment giant Walt Disney, with a market cap of $165 billion topped the list, followed by hospitality major Hilton and Italian carmaker Ferrari at the second and third spots respectively. Rounding out the top ten in 2018 are financial services companies Visa at the 4th place, digital payment company PayPal (5th), media company Netflix (6th), Siemens (7th), internet retailer Amazon.Com (8th) Marriott International (9th) and Mastercard (10th). Housing finance major HDFC was the only company from India's banking and finance sector to figure in the list and was placed 217th. Other Indian companies that made it to the coveted list include Infosys at the 31st place, Tata Consultancy Services (35), Tata Motors (70), Tata Steel (131), Larsen & Toubro (135), Grasim Industries (154), General Insurance Corporation Of India (156), Mahindra & Mahindra (164), Asian Paints (203), Steel Authority of India (227) and ITC (239). US companies dominate the list with 61 of the total 250 firms. Japan has 32 companies on the list. Video game maker Nintendo is the highest ranked Japanese company at the 11th rank, with Toyota following at 12th. Other well-represented countries are China with 19 companies, France (13), India (12) and Germany (11). To compile this list, Forbes partnered with Statista, which surveyed 15,000 people from 60 countries. The respondents were asked their opinions about the 2018 Global 2000 companies. Companies were evaluated on topics such as trustworthiness, social conduct, performance of the company's product or service and the company as an employer, Forbes said.

Infosys, Tata Motors among 12 Indian companies in Forbes list of world's best firms

Indian shares rose on Wednesday as strong monthly sales data lifted automobile stocks such as Tata Motors Ltd that led gains on key indexes, with sentiment also boosted by a forecast of normal monsoon rainfall this year.

Rainfall during the monsoon season is expected to be 100 per cent of the long-term average, a private weather forecasting agency said earlier in the day, raising prospects of higher farm and economic growth in the $2 trillion economy.

The broader NSE Nifty was up 0.18 per cent at 10,263.35 as of 0541 GMT, while the benchmark BSE Sensex was 0.25 per cent higher at 33,452.45.

"There is a shift in the market towards quality growth and a shift to domestic consumption-focused sectors, particularly autos. Consumer-facing banking and private banking are also driving the move," said Sunil Sharma, chief investment officer at Sanctum Wealth Management.

The Nifty auto index rose as much as 2 per cent and was set to post a third consecutive session of gains.

Tata Motors climbed as much as 5.8 per cent after Morgan Stanley said sales of Land Rovers in the United States grew 38 per cent in March.

Eicher Motors Ltd rose as much as 3.8 per cent on a higher production forecast for Royal Enfield motorcycles in the current fiscal year.

Private lenders also rose, with the Nifty private bank index climbing as much as 0.7 per cent, ahead of a decision on monetary policy by India`s central bank. Yes Bank Ltd was up over 2 per cent.

The Reserve Bank of India is expected to keep monetary policy steady at its April meeting but shift to a hawkish stance by the end of this year and raise interest rates early in 2019 as inflation pressures build, a Reuters poll showed.

Among other gainers, Jet Airways Ltd rose as much as 3.2 per cent after it announced a deal with Boeing Co to buy 75 Boeing 737 MAX narrow-body jets.

Shares of ICICI Securities Ltd and state-run Mishra Dhatu Nigam Ltd, however, fell on market debut.

Tata Motors climbed as much as 5.8 per cent after Morgan Stanley said sales of Land Rovers in the United States grew 38 per cent in March

Indian shares rose on Wednesday as strong monthly sales data lifted automobile stocks such as Tata Motors Ltd that led gains on key indexes, with sentiment also boosted by a forecast of normal monsoon rainfall this year. Rainfall during the monsoon season is expected to be 100 per cent of the long-term average, a private weather forecasting agency said earlier in the day, raising prospects of higher farm and economic growth in the $2 trillion economy. The broader NSE Nifty was up 0.18 per cent at 10,263.35 as of 0541 GMT, while the benchmark BSE Sensex was 0.25 per cent higher at 33,452.45. "There is a shift in the market towards quality growth and a shift to domestic consumption-focused sectors, particularly autos. Consumer-facing banking and private banking are also driving the move," said Sunil Sharma, chief investment officer at Sanctum Wealth Management. The Nifty auto index rose as much as 2 per cent and was set to post a third consecutive session of gains. Tata Motors climbed as much as 5.8 per cent after Morgan Stanley said sales of Land Rovers in the United States grew 38 per cent in March. Eicher Motors Ltd rose as much as 3.8 per cent on a higher production forecast for Royal Enfield motorcycles in the current fiscal year. Private lenders also rose, with the Nifty private bank index climbing as much as 0.7 per cent, ahead of a decision on monetary policy by India`s central bank. Yes Bank Ltd was up over 2 per cent. The Reserve Bank of India is expected to keep monetary policy steady at its April meeting but shift to a hawkish stance by the end of this year and raise interest rates early in 2019 as inflation pressures build, a Reuters poll showed. Among other gainers, Jet Airways Ltd rose as much as 3.2 per cent after it announced a deal with Boeing Co to buy 75 Boeing 737 MAX narrow-body jets. Shares of ICICI Securities Ltd and state-run Mishra Dhatu Nigam Ltd, however, fell on market debut.

Nifty, Sensex edge up; Tata Motors, Yes Bank gain

The benchmark BSE Sensex rose over 134 points on Monday on sustained buying in key frontline counters led by metal, auto, capital goods and banking stocks.

Sentiments bolstered in all Asian markets following positive cues from Wall Street.

Also, continued buying by domestic institutional investors (DIIs) and strengthening rupee boosted market mood, brokers said.

The BSE Sensex rose 133.78 points, or 0.39 per cent, to 34,275.93. All sectoral indices were trading higher, led by metals, auto, capital goods and banking stocks that gained up to 1.34 per cent.

The gauge had gained 322.65 points in the previous session on Friday.

The broader Nifty 50 index was also trading above the key 10,500-level at 10,529.10, a gain of 38.05 points, or 0.36 per cent.

Major gainers were Tata Motors, Adani Ports, Bajaj Auto and Maruti, rising up to 2.26 per cent.

On a net basis, DIIs bought equities to the tune of Rs 1,514.03 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 486.32 crore on Friday, provisional data showed.

Among Asian markets, Japan&#39;s Nikkei was trading higher by 0.82 per cent. Hong Kong&#39;s Hang Seng up 0.54 per cent and Shanghai Composite 0.31 per cent higher.

The US Dow Jones Industrial Average ended 1.39 per cent higher on Friday&#39;s trade.&nbsp;

Major gainers were Tata Motors, Adani Ports, Bajaj Auto and Maruti, rising up to 2.26

The benchmark BSE Sensex rose over 134 points on Monday on sustained buying in key frontline counters led by metal, auto, capital goods and banking stocks. Sentiments bolstered in all Asian markets following positive cues from Wall Street. Also, continued buying by domestic institutional investors (DIIs) and strengthening rupee boosted market mood, brokers said. The BSE Sensex rose 133.78 points, or 0.39 per cent, to 34,275.93. All sectoral indices were trading higher, led by metals, auto, capital goods and banking stocks that gained up to 1.34 per cent. The gauge had gained 322.65 points in the previous session on Friday. The broader Nifty 50 index was also trading above the key 10,500-level at 10,529.10, a gain of 38.05 points, or 0.36 per cent. Major gainers were Tata Motors, Adani Ports, Bajaj Auto and Maruti, rising up to 2.26 per cent. On a net basis, DIIs bought equities to the tune of Rs 1,514.03 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 486.32 crore on Friday, provisional data showed. Among Asian markets, Japan's Nikkei was trading higher by 0.82 per cent. Hong Kong's Hang Seng up 0.54 per cent and Shanghai Composite 0.31 per cent higher. The US Dow Jones Industrial Average ended 1.39 per cent higher on Friday's trade.

Sensex rises 134 points, Nifty tops 10,500 on global cues

Tata Motors announced the commercial launch of its compact SUV Tata Nexon in Nepal. Nexon will be priced at NPR 32,75,000 for the petrol variant. The diesel variant will cost around NPR 41,55,000.

Nexon is a sub-4 metre sports utility vehicle (SUV) which was launched along with the company&#39;s distributor Sipradi Trading yesterday. The vehicle will be available for sale in 20 authorised sales outlets across Nepal.

Tata Nexon will be available in four variants and five attractive colours. The vehicle enjoys a standard warranty of 75,000 km or three years, whichever is earlier.

With Nexon, Tata Motors has expanded its business beyond the purview of hatchbacks and sedans. The company described Nexon&#39;s launch as its first &quot;big step&quot; into the compact SUV segment.

Tata Motors announced a 43 per cent increase in its January volumes at 59,441 units.&nbsp;

Tata Nexon will be available in four variants and five attractive colours

Tata Motors announced the commercial launch of its compact SUV Tata Nexon in Nepal. Nexon will be priced at NPR 32,75,000 for the petrol variant. The diesel variant will cost around NPR 41,55,000. Nexon is a sub-4 metre sports utility vehicle (SUV) which was launched along with the company's distributor Sipradi Trading yesterday. The vehicle will be available for sale in 20 authorised sales outlets across Nepal. Tata Nexon will be available in four variants and five attractive colours. The vehicle enjoys a standard warranty of 75,000 km or three years, whichever is earlier. With Nexon, Tata Motors has expanded its business beyond the purview of hatchbacks and sedans. The company described Nexon's launch as its first "big step" into the compact SUV segment. Tata Motors announced a 43 per cent increase in its January volumes at 59,441 units.

Nepal: Tata Motors launches compact SUV Nexon

Indian shares fell for a sixth consecutive session on Tuesday, the longest losing streak since September, as the global market rout whacked sentiment, with lingering concerns of a tighter monetary policy ahead of a central bank meeting on Wednesday.

The broader NSE Nifty ended 1.58 percent lower at 10,498.25, while the BSE index fell 1.61 percent to 34,195.94. Both indexes had earlier fallen as much as 3.6 percent. 
 
Tata Motors Ltd shares lost 5.1 percent after the automaker posted a much-weaker-than-expected net profit on Monday.&nbsp;

Indian shares fell for a sixth consecutive session on Tuesday, the longest losing streak since September, as the global market rout whacked sentiment, with lingering concerns of a tighter monetary policy ahead of a central bank meeting on Wednesday. The broader NSE Nifty ended 1.58 percent lower at 10,498.25, while the BSE index fell 1.61 percent to 34,195.94. Both indexes had earlier fallen as much as 3.6 percent. Tata Motors Ltd shares lost 5.1 percent after the automaker posted a much-weaker-than-expected net profit on Monday.

Sensex drops for sixth straight session, closes at 34,195

Country&#39;s largest carmaker Maruti Suzuki India (MSI) on Wednesday said it has increased prices of its models by up to Rs 17,000 in order to partially offset rise in input costs.

In a regulatory filing, it said the hike will range between Rs 1,700 and Rs 17,000 across models owing to increase in commodity, administrative and distribution costs.

MSI sells a range of models starting with hatchback Alto 800 to premium crossover S-Cross, priced between Rs 2.45 lakh and Rs 11.29 lakh (ex-showroom Delhi).

The company had said last month that it will take a price increase from this month. Maruti recently entered the club of top-five most valued companies list

Tata Motors has already increased prices of its vehicles by up to Rs 25,000 from January 1.

Various automakers including, Hyundai Motor India, Honda Cars, Mahindra &amp; Mahindra have already announced to increase prices from this month.

These companies are however yet to announce price increase for their respective vehicles.

MSI sells a range of models starting with hatchback Alto 800 to premium crossover S-Cross, priced between Rs 2.45 lakh and Rs 11.29 lakh (ex-showroom Delhi).

Country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it has increased prices of its models by up to Rs 17,000 in order to partially offset rise in input costs. In a regulatory filing, it said the hike will range between Rs 1,700 and Rs 17,000 across models owing to increase in commodity, administrative and distribution costs. MSI sells a range of models starting with hatchback Alto 800 to premium crossover S-Cross, priced between Rs 2.45 lakh and Rs 11.29 lakh (ex-showroom Delhi). The company had said last month that it will take a price increase from this month. Maruti recently entered the club of top-five most valued companies list Tata Motors has already increased prices of its vehicles by up to Rs 25,000 from January 1. Various automakers including, Hyundai Motor India, Honda Cars, Mahindra & Mahindra have already announced to increase prices from this month. These companies are however yet to announce price increase for their respective vehicles.

Maruti Suzuki hikes prices by up to Rs 17,000

French car major Renault on Friday said it will increase prices of Kwid, Duster and Lodgy by up to 3 per cent from January to partially offset the impact of rising input costs.

The company has however kept its recently launched premium SUV Captur out of the price revision.

&quot;The price hike will be applicable on Kwid, Duster and Lodgy...Reasons of the price hike are to partially offset the impact of rising input and freight costs,&quot; the company said in a statement.

Yesterday, Mahindra &amp; Mahindra and Volkswagen announced to increase prices of their respective vehicles in the country.

While Mahindra announced to increase prices of passenger and commercial vehicles by up to 3 per cent from January, Volkswagen said it will hike prices by up to Rs 20,000.

Already, Maruti Suzuki India, Tata Motors, Ford, Toyota Kirloskar Motor, Honda Cars India, Skoda and Isuzu have announced price hike from early next year.

Already, Maruti Suzuki India, Tata Motors, Ford, Toyota Kirloskar Motor, Honda Cars India, Skoda and Isuzu have announced price hike from early next year

French car major Renault on Friday said it will increase prices of Kwid, Duster and Lodgy by up to 3 per cent from January to partially offset the impact of rising input costs. The company has however kept its recently launched premium SUV Captur out of the price revision. "The price hike will be applicable on Kwid, Duster and Lodgy...Reasons of the price hike are to partially offset the impact of rising input and freight costs," the company said in a statement. Yesterday, Mahindra & Mahindra and Volkswagen announced to increase prices of their respective vehicles in the country. While Mahindra announced to increase prices of passenger and commercial vehicles by up to 3 per cent from January, Volkswagen said it will hike prices by up to Rs 20,000. Already, Maruti Suzuki India, Tata Motors, Ford, Toyota Kirloskar Motor, Honda Cars India, Skoda and Isuzu have announced price hike from early next year.

Renault to hike prices of Kwid, Duster, Lodgy by up to 3%

Benchmark BSE Sensex regained the key 33,000 mark at the start of trading today after buying by retail investors and domestic institutions gathered momentum amid strong global cues.

The broader NSE Nifty too went past the 10,200-level.

The 30-share Sensex was trading higher by 190.36 points, or 0.57 per cent, at 33,139.57, with all sectoral indices in the green, led by consumer durables, bank, metal and auto.

The gauge had rallied 352.03 points yesterday.

The NSE Nifty too rose 60.65 points, or 0.59 per cent, at 10,227.35 in early trade today.

Brokers said unabated buying by retail and domestic institutional investors and a firm trend in other Asian markets influenced sentiment here.

Prominent gainers included Tata Motors, Bharti Airtel, Adani Ports, ICICI Bank, Axis Bank, Maruti Suzuki, ONGC, HDFC Bank, HDFC Ltd, Bajaj Auto, Wipro, TCS, Cipla and SBI, gaining up to 1.68 per cent.

Japan&#39;s Nikkei was up 1.22 per cent while Hong Kong&#39;s Hang Seng rose 0.57 per cent in early trade today. Shanghai Composite, however, shed 0.08 per cent.

The US Dow Jones Industrial Average ended 0.29 per cent higher in yesterday&#39;s trade.&nbsp;

Benchmark BSE Sensex regained the key 33,000 mark at the start of trading today after buying by retail investors and domestic institutions gathered momentum amid strong global cues.

Benchmark BSE Sensex regained the key 33,000 mark at the start of trading today after buying by retail investors and domestic institutions gathered momentum amid strong global cues. The broader NSE Nifty too went past the 10,200-level. The 30-share Sensex was trading higher by 190.36 points, or 0.57 per cent, at 33,139.57, with all sectoral indices in the green, led by consumer durables, bank, metal and auto. The gauge had rallied 352.03 points yesterday. The NSE Nifty too rose 60.65 points, or 0.59 per cent, at 10,227.35 in early trade today. Brokers said unabated buying by retail and domestic institutional investors and a firm trend in other Asian markets influenced sentiment here. Prominent gainers included Tata Motors, Bharti Airtel, Adani Ports, ICICI Bank, Axis Bank, Maruti Suzuki, ONGC, HDFC Bank, HDFC Ltd, Bajaj Auto, Wipro, TCS, Cipla and SBI, gaining up to 1.68 per cent. Japan's Nikkei was up 1.22 per cent while Hong Kong's Hang Seng rose 0.57 per cent in early trade today. Shanghai Composite, however, shed 0.08 per cent. The US Dow Jones Industrial Average ended 0.29 per cent higher in yesterday's trade.

Sensex reclaims 33,000-mark, up 190 points

The BSE Sensex fell by 185 points in early session today due to losses in realty, power, PSU, metal and infrastructure stocks amid weak Asian cues.

Besides, investors were cautious ahead of September quarter GDP data to be released later in the day.

Offloading of positions by participants with today being the last trading session of November series contracts in the derivatives segment pulled down the index, brokers said.

The 30-share flagship index was down 185.24 points, or 0.55 per cent, at 33,417.52 with sectoral indices led by realty and power falling up to 0.88 per cent.

The gauge had fallen 121.68 points in the previous two sessions.

The 50-share NSE Nifty too was quoting lower by 57.50 points, or 0.55 per cent, at 10,303.80.

Weakness in the rupee, which slipped 24 paise to 64.55 against the dollar today, too weighed on the sentiments.

Among laggards Kotak Bank, Cipla, Adani Ports, ONGC, M&amp;M, Reliance Industries, Coal India, Axis Bank, Hind Unilever, Tata Motors, Bharti Airtel, HDFC Ltd, Tata Steel and Lupin dropped up to 1.71 per cent.

Hong Kong&#39;s Hang Seng weakened 1.21 per cent while Shanghai Composite lost 0.26 per cent in early trade. Japan&#39;s Nikkei too shed 0.10 per cent.

US Dow Jones Industrial Average ended 0.44 per cent higher yesterday.&nbsp;

The BSE Sensex fell by 185 points due to losses in realty, power, PSU, metal and infrastructure stocks

The BSE Sensex fell by 185 points in early session today due to losses in realty, power, PSU, metal and infrastructure stocks amid weak Asian cues. Besides, investors were cautious ahead of September quarter GDP data to be released later in the day. Offloading of positions by participants with today being the last trading session of November series contracts in the derivatives segment pulled down the index, brokers said. The 30-share flagship index was down 185.24 points, or 0.55 per cent, at 33,417.52 with sectoral indices led by realty and power falling up to 0.88 per cent. The gauge had fallen 121.68 points in the previous two sessions. The 50-share NSE Nifty too was quoting lower by 57.50 points, or 0.55 per cent, at 10,303.80. Weakness in the rupee, which slipped 24 paise to 64.55 against the dollar today, too weighed on the sentiments. Among laggards Kotak Bank, Cipla, Adani Ports, ONGC, M&M, Reliance Industries, Coal India, Axis Bank, Hind Unilever, Tata Motors, Bharti Airtel, HDFC Ltd, Tata Steel and Lupin dropped up to 1.71 per cent. Hong Kong's Hang Seng weakened 1.21 per cent while Shanghai Composite lost 0.26 per cent in early trade. Japan's Nikkei too shed 0.10 per cent. US Dow Jones Industrial Average ended 0.44 per cent higher yesterday.

Stocks fall ahead of GDP numbers, F&O expiry

Tata Motors&rsquo; Nano, launched in 2008 as the world&#39;s cheapest car, may soon be phased with dealers in most parts of the country having stopped placing orders for the vehicle.&nbsp;

Media reports said a mere two Nano cars are manufactured daily at the company&#39;s Sanand, Gujarat plant -- proof enough that the vehicle is a loss-making model for Tata Motors.&nbsp;

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<h5>Tata is working on an electric version of the Nano. The new 48-volt vehicle will be called the &#39;Neo&#39;</h5>
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The reports said Tata Motors dispatched 180 Nanos to its 630 showrooms in August, which plummetted to just 57 units in October.

Most Tata showrooms are now focusing on selling contemporary models like the Tiago, Tigor, Hexa and Nexon.&nbsp;

The reports added that Tata is working on an electric version of the Nano, in a joint venture with Coimbatore-based Jayem Automotives.

The new car will be called the &#39;Neo&#39;.

The&nbsp;48-volt vehicle would be put together and marketed by Jayem Auto while some of the associated components will be supplied by Tata Motors.

The first batch of cars will be supplied shortly, media reports quoted Jayem Automotives Managing Director J Anand as saying in a statement.

Dealers have stopped placing orders for the 'world's cheapest car'

Tata Motors’ Nano, launched in 2008 as the world's cheapest car, may soon be phased with dealers in most parts of the country having stopped placing orders for the vehicle. Media reports said a mere two Nano cars are manufactured daily at the company's Sanand, Gujarat plant -- proof enough that the vehicle is a loss-making model for Tata Motors. Tata is working on an electric version of the Nano. The new 48-volt vehicle will be called the 'Neo' × The reports said Tata Motors dispatched 180 Nanos to its 630 showrooms in August, which plummetted to just 57 units in October. Most Tata showrooms are now focusing on selling contemporary models like the Tiago, Tigor, Hexa and Nexon. The reports added that Tata is working on an electric version of the Nano, in a joint venture with Coimbatore-based Jayem Automotives. The new car will be called the 'Neo'. The 48-volt vehicle would be put together and marketed by Jayem Auto while some of the associated components will be supplied by Tata Motors. The first batch of cars will be supplied shortly, media reports quoted Jayem Automotives Managing Director J Anand as saying in a statement.

Tata's Nano may soon be phased out: Reports

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