2. 1993:
• Joint Venture Agreement signed with Cummins Engine Co. Inc.to
manufacture high horsepower and emission-friendly diesel
engines for medium and heavy commercial vehicles.
• Company introduced the Tata full forward 609 LP bus and Tata
609 SFC semi forward version
1994 :
• An agreement between Daimler-Benz AG and Mercedes Benz
India to manufacture `E' Class paneyer cans and engines in
India.
• The company offered 36,11,758 Global Depositary shares and
36,11,758 warrants at each.
3. 1995:
• Acquired a second hand paint shop, machine line and cylinders
from the Japanese auto giant, Nissan for Rs. 70 crore.
• Issued 58,86,697 warrants to Tata Companies and Daimler Benz
AG with a right to subscribe to one ordinary share per warrant
at Rs.362 per share .
• 860,49,140 bonus shares issued in prop. 3:5.
1996:
• Introduced the 70-tonne Tata-Hitachi Ex-700 Shovel, the largest
in the value of Ex series of hydraulic excavation.
• Allotted 140,35,086 No. of equity shares of Rs 10 each through
Global Depositary Receipts (GDR's) in the international market
4. • 1997:
• Issued unsecured 10 year Yankee Bonds totalling US $ 200 million in
the overseas market.
• Issued Commercial Paper (CP) of Rs. 300 crores.
• A private placement of 7-year Secured Non-Convertible Debentures
of Rs. 115 crores @ 12.25%.
• A new information technology company, Tata Technologies (India)
(TTIL) was been set up as a subsidiary of Telco.
• Became the first Indian private company to reach the sales of
Rs.10,000 crore.
• Entered into an alliance with Bridgestone to promote a new company,
in which Bridgestone will hold a 51 per cent equity stake, to
manufacture automotive tyres.
5. • 2000:
• Launched the Indica 2000, the Euro II Complaint, 75.
• 2001:
• Launched Indica V2 range for Rs 3.22 lakh.
• 2002:
• Displays its Tata Indigo car at the Geneva Motor Show.
• Indica adjudged top selling B-segment car in 2002.
• Raised Rs 100 cr through debenture issue .
• 2003:
• Company name changed from Telco to Tata Motors Ltd.
(TML).
6. • 2004:
• Buys Daewoo truck unit for Rs 465 crore.
2006:
• Announced a joint venture with Marcopolo, Brazil, to
manufacture fully built buses & coaches for India & markets
abroad.
2010:
• Opened its brand new plant in Sanand, set up at a cost of
Rs 2,000 crore, to manufacture wonder car Nano.
• Launched Tata Nano.
