Latest News
-
Rs 5/Share Dividend: Record Date In Due Course; Buy The Capital Goods Stock? -
Stocks To Buy: 2 Trade Calls By Chandan Taparia of Motilal Oswal On Friday, 19 April -
New Rules Mandate Aadhaar For Small Savings Schemes -
Trade Setup: Nifty Slides Below 22,000 Mark; Global Markets Plunge On Reports Of Explosions In Iran -
JNK India IPO To Open On 23rd April: Check Price Band, Issue Size & More Details Here -
Banks Close As India Votes: Lok Sabha Elections Phase 1 -
Trade Call: 2 Technical Intraday Stock Picks By Sumeet Bagadia On Friday, April 19 -
Swing Trading Guide: 2 Buy/Sell Stock Picks By VLA Ambala On Friday, 19th April -
Stock Market Live Updates: Nifty Opens Below 21,850 Pts, Sensex Dips 530 Pts; Infosys Down 2% -
1:3 Bonus Share, Rs 13.25/Share Dividend: Buy Maharatna PSU, TP Rs 355, Fundraise Approved
Tata Motors to Hike Car Prices by Up To Rs 60,000 From April 1
Tata Motors today said it would hike prices of its passenger vehicles (PV) by up to Rs 60,000 from April 1 to offset rising input costs. The company sells a range of passenger vehicles beginning with Gen X Nano at a starting price of Rs 2.28 lakh to premium SUV Hexa with the price going up to Rs 17.42 lakh (ex-showroom Delhi).
"The rising input costs, changing market conditions, and various external economic factors have compelled us to consider the price increase," Tata Motors President, Passenger Vehicle Business, Mayank Pareek said.
He, however, said the company is optimistic about maintaining its growth trajectory in the coming year on the back of a "robust product portfolio like Tiago, Hexa, Tigor, and Nexon". Last week, German luxury carmaker Audi announced price hike in the range of Rs 1-9 lakh, effective April 1 to pass on the impact of increased customs duty in the Budget.
Source: PTI
