After Maruti, Tata Motors formerly known as TELCO (TATA Engineering and Locomotive Company), has started its pre-owned car business in major cities and plans to take it across the country in a phased manner.
A company official stated that the certified pre-owned programme has been started on a pilot basis with 15 dealers in 10 cities and the programme caters to customers willing to exchange their existing cars for new Tata cars.
The cities list includes Mumbai, Delhi, Bangalore, Hyderabad, Chennai, Pune, Ahmedabad, Chandigarh, Ludhiana and Vapi.
In today's trading session, Tata group stocks witnessed mixed reaction from investors on news that Tata Sons, the holding company of the Tata group, has pledged shares of some of the group companies, to finance operations in a tight liquidity situation in the credit market.
India's largest IT exporter, Tata Consultancy Services (TCS) is all set to call back about 20 per cent of its onsite staff in US to India, clearly to cut costs and mitigate impact of global slowdown on its overseas operations. The company is facing low demand with no new contracts from clients across the globe. 
Tata Group owned and Europe's second largest steel manufacturer, Corus may start retrenchment drive in the days to come, clearly, to cut costs and ensure adequate growth amid recessionary waves prevailing across the world.
An announcement was today made by Tata Indicom that they have entered in a partnership with Indusgeeks Solutions Private Ltd, according to which it will extend its ongoing "Suno Dil Ki Awaaz" campaign into the virtual world. 
Tata Consultancy Services (TCS) posted 2.7 per cent increase in its net profit for the quarter ended December 31, 2008. Its net profit stood at Rs 1,362 crore for the reporting quarter as compared to Rs 1,327 crore in the same quarter last year. 
