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Ravindra Pisharody, ED, Commercial Vehicles with C Ramakrishnan, CFO, Tata Motors Ltd & Ralf Speth, CEO, Jaguar Land Rover during the press conference to announce quarter results of the financial year 2012-13 in Mumbai on Wednesday, 07 November 2012.

Karl Slym, MD, Tata Motors poses during the launch of Tata Manza Club Class in Mumbai on Tuesday, 16 October 2012.

Karl Slym, MD, Tata Motors poses during the launch of Tata Manza Club Class in Mumbai on Tuesday, 16 October 2012.

Karl Slym, MD, Tata Motors poses during the launch of Tata Manza Club Class in Mumbai on Tuesday, 16 October 2012.

Ranjit Yadav, President, PCBU, Tata Motors with Neeraj Garg, VP, PCBU, Tata Motors & Karl Slym, MD, Tata Motors poses during the launch of Tata Manza Club Class in Mumbai on Tuesday, 16 October 2012.

Tata Manza Club Class display during its launch in Mumbai on Tuesday, 16 October 2012.

Neeraj Garg, VP, PCBU, Tata Motors with Ranjit Yadav, President, PCBU, Tata Motors & Karl Slym, MD, Tata Motors poses during the launch of Tata Manza Club Class in Mumbai on Tuesday, 16 October 2012.

Tata Manza Club Class display during its launch in Mumbai on Tuesday, 16 October 2012.

Ranjit Yadav, President, PCBU, Tata Motors with Karl Slym, MD, Tata Motors & Neeraj Garg, VP, PCBU, Tata Motors poses during the launch of Tata Manza Club Class in Mumbai on Tuesday, 16 October 2012.

Tata Manza Club Class display during its launch in Mumbai on Tuesday, 16 October 2012.

Karl Slym, MD, Tata Motors addressing during the launch of Tata Manza Club Class in Mumbai on Tuesday, 16 October 2012.

Ranjit Yadav, President, PCBU, Tata Motors addressing during the launch of Tata Manza Club Class in Mumbai on Tuesday, 16 October 2012.

Karl Slym, MD, Tata Motors poses during the launch of Tata Manza Club Class in Mumbai on Tuesday, 16 October 2012.

Vinod Sahay, Head-Sales & Marketing, M&HCV Tata Motors & A K Jindal ,HE, Tata Motors Ltd looks on while Ravindra Pisharody, ED, Commercial Vehicles, Tata Motors addressing during the launch of M&HCV Truck & Telematics in Mumbai on Monday, 17 September 2012.

Ravindra Pisharody, ED, Commercial Vehicles, Tata Motors gestures during the launch of M&HCV Truck & Telematics in Mumbai on Monday, 17 September 2012.

Ravindra Pisharody, ED, Commercial Vehicles, Tata Motors addressing during the launch of M&HCV Truck & Telematics in Mumbai on Monday, 17 September 2012.

Ravindra Pisharody, ED, Commercial Vehicles, Tata Motors addressing during the launch of M&HCV Truck & Telematics in Mumbai on Monday, 17 September 2012.

Ravindra Pisharody, ED, Commercial Vehicles, Tata Motors gestures during the launch of M&HCV Truck & Telematics in Mumbai on Monday, 17 September 2012.

Vinod Sahay, Head-Sales & Marketing, M&HCV Tata Motors looks on while Ravindra Pisharody, ED, Commercial Vehicles, Tata Motors addressing during the launch of M&HCV Truck & Telematics in Mumbai on Monday, 17 September 2012.

Ravindra Pisharody, ED, Commercial Vehicles, Tata Motors poses for the photographers during the launch of M&HCV Truck & Telematics in Mumbai on Monday, 17 September 2012.

Ravindra Pisharody, ED, Commercial Vehicles, Tata Motors addressing during the launch of M&HCV Truck & Telematics in Mumbai on Monday, 17 September 2012.

Vinod Sahay, Head-Sales & Marketing, M&HCV Tata Motors addressing during the launch of M&HCV Truck & Telematics in Mumbai on Monday, 17 September 2012.

Vinod Sahay, Head-Sales & Marketing, M&HCV Tata Motors with Ravindra Pisharody, ED, Commercial Vehicles, Tata Motors & A K Jindal, HE, Tata Motors Ltd poses for the photographers during the launch of M&HCV Truck & Telematics in Mumbai on Monday, 17 September 2012.

Ratan Tata, Chairman, Tata Group gestures during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

Ratan Tata, Chairman, Tata Group gestures during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

Ratan Tata, Chairman, Tata Group gestures during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

Ratan Tata, Chairman,Tata Group addressing while Cyrus Misty, DC, Tata Group looks on during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

Ratan Tata, Chairman, Tata Group addressing while S Mahalingam, ED & CFO, TCS & Cyrus Mistry, DC, Tata Group looks on during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

Ratan Tata, Chairman, Tata Group addressing while S Mahalingam, ED & CFO, TCS & Cyrus Mistry, DC, Tata Group looks on during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

Ratan Tata, Chairman, Tata Group with S Ramadorai, MD,TCS & Cyrus Mistry, DC, Tata Group during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

Ratan Tata, Chairman, Tata Group addressing while S Mahalingam, ED & CFO, TCS & Cyrus Mistry, DC, Tata Group looks on during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

N Chandrasekaran, CEO , MD, TCS with Ratan Tata, Chairman, Tata Group & Cyrus Mistry, DC, Tata Group during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

N Chandrasekaran, CEO , MD, TCS with Ratan Tata, Chairman, Tata Group & Cyrus Mistry, DC, Tata Group during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

N Chandrasekaran, CEO , MD, TCS with Ratan Tata, Chairman, Tata Group & Cyrus Mistry, DC, Tata Group during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

Ratan Tata, Chairman,Tata Group addressing while Cyrus Misty, DC, Tata Group looks on during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

N Chandrasekaran, CEO, MD, TCS with Ratan Tata, Chairman,Tata Group, S Mahalingam, ED,CFO, TCS during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

Ratan Tata, Chairman, Tata Group during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

N Chandrasekaran, CEO, MD, TCS with Ratan Tata, Chairman,Tata Group, S Mahalingam, ED,CFO, TCS during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.

N Chandrasekaran, CEO, MD, TCS with Ratan Tata, Chairman,Tata Group during the Annual General Meeting of Tata Consultancy Services in Mumbai on Friday, 28 June 2012.