Tata Motors ADR Delisted from NYSE

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India-based automaker Tata Motors Ltd’s ADR used to trade on the NYSE under the ticker TTM. I recently found out that the company delisted its ADR in January. The final notice of termination of the ADR by the depository Citi can be found here.

ADR holders can contact the information agent at the address below to surrender their ADRs and convert ADRs to ordinary shares or receive the sale proceeds:

GEORGESON LLC
IN ITS CAPACITY AS INFORMATION AGENT,
SITUATED AT 1290 AVENUE OF THE AMERICAS,
9TH FLOOR, NEW YORK, NY 10104
OR CALL TOLL FREE ON 866-297-1264 OR EMAIL:
[email protected]

Source: NOTICE OF TERMINATION OF ADR FACILITY FOR TATA MOTORS LIMITED SHARES, Citi

Tata Motors has published a very useful FAQs document on their site regarding the delisting of the ADR. Click the below image to reach the site and review the details.

Source: Tata Motors

Robot Density in the Manufacturing Industry by Country: Chart

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Robots are increasingly deployed in industrial settings as the cost has fallen by 50% over the past 30 years according to an article at Blackrock’s iShares. In some countries rising aging population leads to labor shortages. The usage of automation via robots increases in these countries to alleviate the effects of declining labor. For example, South Korea and Japan are big users of robots due to declining population.

The following chart shows Robot Density in the Manufacturing Industry as of 2021:

Click to enlarge

Source: Investing in robotics: why now could be the right time, iShares

The full article is worth a read.

Earlier:

Related:

The Mohs Mineral Hardness Scale: Infographic

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Diamond is the hardest metal in the world. Hence it is widely used in many industrial applications than just in jewelry. Since it is so hard diamond is used to scratch other metals. Of course in the jewelry world a diamond has no match in terms of beauty and value.

The next hardest metals in the world are Corundum and Topaz.

How about other metals?

The following neat infographic from Compound Interest shows the details:

Click to enlarge

Source: The Mohs Hardness Scale: Comparing the hardness of minerals, Compound Interest

Below is a brief excerpt from the infographic description:

Diamond is commonly known to be the hardest material, but how do other minerals compare with each other? That’s the question the Mohs hardness scale, introduced by Friedrich Mohs in 1812, aims to answer. This graphic looks at his scale and where different minerals and other substances appear on it.

Mohs’ scale is a simple way of comparing the hardness of different minerals. The scale is built on comparisons — a mineral that scratches another is designated as having a higher value for hardness. These values are essentially a giant ranking system, in that they’re all relative. There’s no fixed value of hardness between the different numbers in the scale — in fact, diamond at 10 is several times harder than corundum at 9, but corundum is only around twice as hard as topaz at 8.