CCI registered 54 cases of anti-competitive practices in 2025 (See 'Corp Brief') National Institute of Ayurveda reaffirms role as global centre for education & patient care (See 'Corp Brief') Trade Mark - prior user rights override subsequent registration, particularly where adoption of deceptively similar subsequent trade mark, is not bona fide & is aimed at riding on existing goodwill of existing trade mark: HC (See 'Legal Desk') Electronic Interlocking rolled out at 34 Railway Stations of N-E (See 'Corp Brief') PMLA - Objectives of enacting PMLA 2002, was attachment and confiscation of proceeds of crime which is quintessence so as to combat evil of money-laundering: SAFEMA (See 'Legal Desk') Khelo India Multipurpose Hall at SAI Sambhajinagar is addition to Olympic readiness: MoS (See 'Corp Brief') PM addresses community programme in Kuala Lumpur (See 'Corp Brief') A & C - mandate of arbitrators appointed unilaterally by one party, merits being terminated, where the other party explicitly refuses to waive applicability of Section 12(5) of the Act: HC (See 'Legal Desk') India-US Trade Agreement: Major boost for Textile Industry (See 'Corp Brief') IBC - In unavailability of adequate document/information and considering effect of limitation period, assigning of 'zero' value to trade receivables, without any due justification, is not appropriate: IBBI (See 'Legal Desk') India has signed MoUs with 23 countries for cooperation on Digital Public Infrastructure (See 'Corp Brief') A&C - Once arbitral tribunal has adopted plausible & reasonable interpretation of facts and contractual terms, courts cannot re-appreciate evidence or sit in appeal over award: SC (See 'Legal Desk') Railways inspects All Bridges Twice a Year (See 'Corp Brief') A&C - Permitting a civil suit to challenge an award confirmed by the Supreme Court would undermine the arbitral framework and public confidence in arbitration: HC (See 'Legal Desk') Over 1.25 lakh Livestock Farmers joined Virtual Awareness Program: MoS (See 'Corp Brief') A & C - Referral court not required to conduct detailed or contested inquiry & must limit itself to ascertaining whether underlying contract contains an arbitration clause covering disputes between the parties: HC (See 'Legal Desk') Pariksha Pe Charcha marks First-Ever multi-location nationwide engagement (See 'Corp Brief') SEBI - If Noticee violated regulation 23(1) and 23(4) of LODR Regulations as alleged in SCN, Noticee is liable for payment of monetary penalty in terms of section 15HB of SEBI Act: SEBI (See 'Legal Desk') TRAI issues Telecommunication Services Interconnection Regulations, 2026 (See 'Corp Brief') Trade Marks - Procedural defects & inadvertent errors which are curable should not be permitted to defeat substantive rights, unless shown to be deliberate, mala fide, or prejudicial to opposite party: HC (See 'Legal Desk') The Securities Markets Code, 2025: Strengthened Enforcement, Weakened Accountability? (See 'CORP EINSICHT')

Tata Motors says February 2021 sales highest in last 9 years

Published: Mar 01, 2021

By TIOLCORPLAWS News Service

NEW DELHI, MAR 01, 2021: IN February, 2021 Tata Motors registered the highest ever sales for passenger vehicles in the past nine years, as their sales more than doubled on an annual basis, the company said in a regulatory filing on Monday.

"Tata Motors registered domestic sales of 58,473 units in February, 2021, a growth of 54 per cent over last year," said the company.

In the domestic and international market combined figures for February, 2021 stood at 61,365 vehicles, compared to 40,619 units during the corresponding period last year.

The total domestic sales for Tata Motors last month stood at 58,473, while it was 38,002 in the corresponding month last year, marking a 54 per cent growth, and 57,742 in January, 2021, marking a 1 per cent month-on-month change.

The total passenger vehicles sales for the Mumbai-based auto maker in February came in at 27,225 units which was a 119 per cent increase year-on-year compared to 12,430 units sold in February 2020.

Maruti Suzuki also posted a 11.8 per cent increase over its February, 2020 figures as the company posted sales of 1,64,469 units last month.

The total sales for Maruti Suzuki include domestic sales of 1,47,483 units, sales to other OEMs 5,500 units and exports of 11,486 units.

TIOL CORP SEARCH

TIOL GROUP WEBSITES