Tata Motors rises on entering into partnership with Birla Institute

Tata Motors Passenger Vehicles Ltd. | Automobiles - Passenger Cars | Automobiles | BSE: 500570 | NSE: TMPV

08 Sep 2015 Evaluate

Tata Motors is currently trading at Rs. 324.90, up by 1.30 points or 0.40% from its previous closing of Rs. 323.60 on the BSE.

The scrip opened at Rs. 327.90 and has touched a high and low of Rs. 328.20 and Rs. 324.30 respectively. So far 72572 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 605.57 on 03-Feb-2015 and a 52 week low of Rs. 304.10 on 24-Aug-2015.

Last one week high and low of the scrip stood at Rs. 339.70 and Rs. 316.40 respectively. The current market cap of the company is Rs. 93429.91 crore.

The promoters holding in the company stood at 34.35% while Institutions and Non-Institutions held 36.94% and 7.32% respectively.

Tata Motors has entered into long-term partnership with Birla Institute of Technology & Science, Pilani (BITS, Pilani) to create a platform for a series of technical education programs to build world-class technical skills to not only bridge present skill gaps that prevail in the automotive industry but also to prepare a future-ready organization. This is a first Industry-Academia partnership for Tata Motors with a leading Institution like BITS, Pilani to develop technical talent at multiple levels in the Organisation. The first set of programmes to roll-out of this association will be a customised Masters as well Bachelor's Degree in Technology for Automotive Engineering, which will run across various locations in India.

When industry and academia work in tandem to push the frontiers of knowledge coupled with real time applications, they become a powerful engine for innovation and value creation leading to higher economic growth. This initiative aims to bridge the gap of the automotive industry requirements and academics. The course is designed into two parts - technical orientation delivered through class room sessions and on-the-job training in state-of-the-art engineering, design, manufacturing & customer support facilities in Tata Motors. Students will be mentored and guided by industry leaders and will also engage with Tata Motors for practice sessions wherein they would work with the Company for six months on significant business projects. This will help in enhancing their practical knowledge, thus improving their skill levels. Further to periodic assessment and on successful completion of the programme, a certificate will be awarded jointly by BITS, Pilani and Tata Motors.

Tata Motors is India's largest automobile company, with consolidated revenues of Rs 262,796 crore (USD 42.04 billion) in 2014-15. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India.

Tata MotorsPassenger Share Price

345.00 -8.20 (-2.32%)

29-Jun-2026 16:59 View Price Chart

Peers

Company Name	CMP
Tata MotorsPassenger	345.00
Maruti Suzuki India	13429.20
Mahindra & Mahindra	3092.90
Hyundai Motor India	1895.50
Mercury Ev-Tech	33.92
View more..

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