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Tata Motors
What TATA has said.........
Posted by :
Leave it.Tracked by: 0 Boarder
Here is the full statement released by the Corporate Communications department of Tata Motors:
Tata Motors Ltd. has been constrained to suspend the construction and commissioning work at the Nano Plant in Singur in view of continued confrontation and agitation at the site. This decision was taken in order to ensure the safety of its employees and contract labour, who have continued to be violently obstructed from reporting to work. The company has assessed the prevailing situation in Singur, after five continuous days of cancellation of work, and believes that there is no change in the volatile situation around the plant. The project’s auto ancillary partners, who had commenced work at their respective plants in Singur, were also constrained to suspend work in line with Tata Motors’ decision.
In view of the current situation, the company is evaluating alternate options for manufacturing the Nano car at other company facilities and a detailed plan to relocate the plant and machinery to an alternate site is under preparation. To minimize the impact this may have on the recently recruited and trained people from West Bengal, the Company is exploring the possibility of absorbing them at its other plant locations.
This is apart of the story as presented by the E.T reporters
v.krishnamoorthy...
Tata suspends work at Singur plant
Posted by : Leave it.Tracked by: 0 Boarder
Tata suspends work at Singur plant, mulls alternate sites-
Reuters reports
Tata Motors Ltd said it had suspended work at Singur plant where it planned to make the Nano, billed as the world\'s cheapest car, because of ongoing violent protests at the site.
Tata Motors said in a statement it was evaluating alternate options for manufacturing the Nano at other company facilities, and a detailed plan for the relocation of the plant and machinery to an alternate site was being prepared.
v.krishnamoorthy...
BSE Announcements on Tata Motors
Posted by : MMB MessengerTracked by: 1 Boarder
With reference to earlier announcement dated August 29, 2008 on the proposed Rights
Issue of the Company, Tata Motors Ltd has submitted to BSE the terms of the Rights Issue of the Ordinary shares and A Ordinary shares.
The above terms would be subject to the approvals of SEBI, Reserve Bank of India and all other appropriate authorities as may be necessary and / or subject to such conditions as may be imposed by any of them while granting such approvals, which may be agreed to by the Board of Directors and / or a committee thereof....
NSE Announcements on Tata Motors
Posted by : MMB MessengerTracked by: 0 Boarder
Tata Motors Limited has informed the Exchange regarding the terms of the Rights Issue of the Ordinary shares and A Ordinary shares. The terms would be subject to the approvals of SEBI, RBI and all other appropriate authorities as may be necessary and/or subject to such conditions as may be imposed by any of them while granting such approvals, which may be agreed to by the Board of Directors and/or a commmittee thereof. In this connection, the Company has submitted to the Exchange a press release dated September 02, 2008, titled "Tata Motors announces terms of the proposed Rights Issue aggregating around Rs. 4,200 crores". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
niggard
Posted by : gkmurthy1748Tracked by: 0 Boarder
niggardly fellows ===================so far so good...
mamata
Posted by : gkmurthy1748Tracked by: 0 Boarder
mamata will eat her humble pie =================no problem to singur ===============it will reach 1000 by august 2009...
their
Posted by : gkmurthy1748Tracked by: 0 Boarder
their capital is 400 cr rs ============they want 4200 cr rs ==============each rights issue would be 110-120 if it is in the ratio of 1:1=================corner =============very good bet ====...
NSE Announcements on Tata Motors
Posted by : MMB MessengerTracked by: 0 Boarder
Tata Motors Limited has informed the Exchange that: "The Company would determine detailed terms of the proposed Rights Issue of Ordinary Shares and A Ordinary Shares aggregating upto Rs. 4,200 crores, including the issue price on September 02, 2008."...
Tata Motors to decide rights issue price on Sept 2
Posted by : zoombusinessTracked by: 0 Boarder
Tata Motors today said it will consider the price and other details for its proposed Rs 4,200 crore rights issue on September 2.
The company in a filing to the BSE said that it would \"determine detailed terms of the proposed rights issue of ordinary shares and \'A\' ordinary shares aggregating up to Rs 4,200 crore, including the issue price, on September 2.\"
Last week, the company had scrapped its Rs 7,200 crore rights issue after taking into account the situation in the capital market and the drop in its share prices since May.
The company had said that it would not raise Rs 3,000 crore through issue of convertible preference shares.
In May, Tata Motors had said it would raise about Rs 7,200 crore through rights issue of shares to part finance its $2.3 billion Jaguar-LandRover acquisition. -BS
...
BSE Announcements on Tata Motors
Posted by : MMB MessengerTracked by: 0 Boarder
With reference to the earlier announcement dated August 20, 2008, Tata Motors Ltd has informed BSE that the Company would determine detailed terms of the proposed Rights Issue of Ordinary Shares and A Ordinary Shares aggregating upto Rs 4,200 crores, including the issue price on September 02, 2008....
BUY TATA MOTORS
Posted by :
truechartsTracked by: 0 Boarder
hi Nazgul,
I agree and appreciate your view on Tata Motors. Multi baggers are a great great breed of companies and that you must stay invested over the long term for multi baggers.
But one thing abt investment is even multibaggers provide short term long and short opportunities as well. As there are many types of investors its pertinent that investment calls be given to each type appropriately. As I have found a timing call on Tata motors after a very very long time I had given this call.
I am a great fan of Tatamotors and wish to go long on it forever. But unfortunately the charts werent guiding me so for quite a long time . As I saw an Initial reversal I had jumped at it which I waited for so long. I agree its a great time to start pyramiding your Tatamotors holding. I too agree that Tatamotors is a multibagger in waiting.
Goodluck.
TC...
In reply to:
BUY TATA MOTORS
Posted by : The Nazgul
boss tata moters is a long term multibagger in making....
i dont know y u are interested in it for short term trends...
singur may be boiling but believe me tata guys will find a place to make theier nano....and believing what i see and hear...nano is a people's car and sure to be a smash hit.....
Fyrther by a year or two number sfrom jaguar and land rover will also be coming in....
and u are ineterested in short term...
y....y 
Rule easy
Posted by : vkk43Tracked by: 0 Boarder
This share will rule easy until their Singur Plant problem is over....
BUY TATA MOTORS
Posted by : The NazgulTracked by: 0 Boarder
excuse my typos...my fingers really hurt....
In reply to:
BUY TATA MOTORS
Posted by : The Nazgul
boss tata moters is a long term multibagger in making....
i dont know y u are interested in it for short term trends...
singur may be boiling but believe me tata guys will find a place to make theier nano....and believing what i see and hear...nano is a people's car and sure to be a smash hit.....
Fyrther by a year or two number sfrom jaguar and land rover will also be coming in....
and u are ineterested in short term...
y....y
BUY TATA MOTORS
Posted by : The NazgulTracked by: 0 Boarder
boss tata moters is a long term multibagger in making....
i dont know y u are interested in it for short term trends...
singur may be boiling but believe me tata guys will find a place to make theier nano....and believing what i see and hear...nano is a people's car and sure to be a smash hit.....
Fyrther by a year or two number sfrom jaguar and land rover will also be coming in....
and u are ineterested in short term...
y....y...
In reply to:
BUY TATA MOTORS
Posted by : truecharts
BUY TATA MOTORS FOR SHORT TERM GAIN
TRADING CALL expect a sure 5% upside target.
Sell at 5% upside and take entry at 405 to 415 levels and exits at 3% targets for daily trades.
TC
BUY TATA MOTORS
Posted by : truechartsTracked by: 0 Boarder
BUY TATA MOTORS FOR SHORT TERM GAIN
TRADING CALL expect a sure 5% upside target.
Sell at 5% upside and take entry at 405 to 415 levels and exits at 3% targets for daily trades.
TC...
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