Newsfeeds - Spark Newswire

4 minute read

10 Consumer Discretionary Stocks Whale Activity In Today’s Session

Today, 12:45 PM

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

AMZN

1 minute read

M&A
News

Tata Motors Acquires This US Auto Major’s India Plant

By Shivani Kumaresan

Today, 12:45 PM

Tata Motors Limited (NYSE:TTM) subsidiary Tata Passenger Electric Mobility Limited (TPEML), has signed a Memorandum of Understanding (MOU) with the Government…

2 minute read

Tata Motors Signed Monday a Memorandum of Understanding for the Potential Acquisition of Ford India’s Sanand Plant

By Charles Gross

Today, 12:45 PM

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Memorandum of Understanding (MOU) with the Government of Gujarat (GoG) for the potential acquisition of FIPL's Sanand vehicle manufacturing facility including (i) Land & Buildings (ii) Vehicle Manufacturing Plant, Machinery and Equipment and (iii) transfer of all

2 minute read

Global
News

Not Just Volkswagen, Indian Auto Giant To Source EV Components From Different Companies To Ramp Up Production

By Navdeep Yadav

Today, 12:45 PM

In a bid to catch up with its peers, Mahindra and Mahindra's (OTC: MAHMF) chief said the Indian automotive giant would explore sourcing more components from other companies to boost its electric vehicle (EV) portfolio.

FSR

1 minute read

This Foreboding Sign Looms Over Tata Motors’s Chart

By Benzinga Insights

Today, 12:45 PM

If history is any guide, there may be trouble ahead for shares of Tata Motors (NYSE:TTM). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

TTM

2 minute read

News

Baillie Gifford Trimmed Positions In Tesla, Netflix, Tata Motors In Q1 And Initiated Stake In This Online Game Platform

By Rachit Vats

Today, 12:45 PM

Asset management firm Baillie Gifford lowered its exposure in electric vehicle maker Tesla Inc (NASDAQ: TSLA), video streaming company Netflix Inc (NASDAQ: NFLX), India’s

NFLX

6 minute read

Morning Brief: Top Financial Stories Dominating on Monday, May 2

By Akanksha Bakshi

Today, 12:45 PM

CNBC Fourth COVID-19 Shot? See Why Medical Professionals Are Skeptical

AAPL

2 minute read

Indian Auto Giant Relied Out ‘DIY’ To Whip Out First EVs — Now It Commands A 90% Market Share Of A Burgeoning Market

By Navdeep Yadav

Today, 12:45 PM

Two years ago, talking about electric vehicles in India was like talking about a future that is at least a decade down the lane. Fast forward, EVs in India are all the hype, with the homegrown auto giant Tata owning 90% of the market share.

FSR

2 minute read

India’s Top Transport Leader Says Tesla Welcome To Make EVs In India — But Importing From China Is A Deal-Breaker

By Navdeep Yadav

Today, 12:45 PM

Ahead of Tesla Inc. (NASDAQ: TSLA) planned entry into one of the world's largest auto markets, India's transport minister said the electric vehicle manufacturer should make cars in India and must not import it from China.

FSR

2 minute read

Ahead Of Planned Tesla Entry, Indians Are Buying More Electric Vehicles Than Ever

By Navdeep Yadav

Today, 12:45 PM

Amid the skyrocketing fuel prices in India, the recent data from FADA, the apex Indian automobile dealers body, shows a major shift toward the electric vehicles in the country. The electric vehicle retail sales in the country witnessed over a three-fold jump in the last fiscal year.

APPL