SAIL sharpens strategic priorities for FY27, reinforces market position (See 'Corp Brief') Railways sanctions upgradation of Electric Traction System on Bengaluru-Tumkur Section (See 'Corp Brief') IBC - Once resolution plan was approved by CoC, successful resolution applicant is bound by it and cannot seek to evade implementation by raising objections to LoI stipulations that are inherent in process: SC (See 'Legal Desk') Railways sanctions upgradation of Electric Traction System on Mahbubnagar-Secunderabad Section (See 'Corp Brief') Capital Market - Finding of 'fraud' under SEBI PFUTP Regulations, 2003, cannot be sustained, if Securities Appellate Tribunal had committed 'egregious error' in affirming SEBI's conclusions on manipulation & fraudulent intent: SC (See 'Legal Desk') IBC's Primacy Over the Electricity Act and the Extinguishment of Pre-CIRP Claims (See CORP EINSICHT) MoS inaugurates Self-ticketing Kiosks at National Zoological Park (See 'Corp Brief') Ministry of Panchayati Raj to organise outreach workshop on Atmanirbhar Panchayat Program (See 'Corp Brief') Mandaviya leads nationwide World Bicycle Day celebrations with actor Vikrant Massey (See 'Corp Brief') IPR - Nature of enquiry u/s 57, being one for cancellation or rectification of register, is founded upon appreciation of statutory parameters such as distinctiveness, prior use and likelihood of confusion: HC (See 'Legal Desk') MoS inaugurates Daycare Facility for Children of MSDE Employees at Kaushal Bhawan (See 'Corp Brief') National Biodiversity Authority Celebrates World Environment Day 2026 (See 'Corp Brief') AI-enabled Sayuj App & Open Challenge Program 1.0 launched to strengthen Startup Ecosystem: MoS (See 'Corp Brief') Over 6,000 youth from across country to celebrate innovation & leadership (See 'Corp Brief') IBC - Land leased by statutory authority cannot be excluded from Corporate Debtor's assets on ground that development rights were transferred without consent: NCLT (See 'Legal Desk') India Showcases Climate Progress at WTO Environment Week (See 'Corp Brief') IBC - Admission of claim by IRP/RP during CIRP does not amount to acknowledgment of liability u/s 18 of Limitation Act: SC (See 'Legal Desk')

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