This is for the second time that Tata Steel is getting into a take-over battle. It acquired the Anglo-Dutch steel company Corus Group after beating rival suitor, CSN of Brazil, through auction.
Alliance Air, the feeder subsidiary of Indian Airlines, may fly Russian defence aerospace major Sukhoi's new civilian jet to connect regional locations in the country.
MCX deputy managing director Joseph Massey said it was a "routine investigation" by the IT department at the exchange.
The transaction was to be completed by June.
The Vinod- and Pramod Mittal-controlled Ispat Group is all set to invest around $3 billion (Rs 12,000 crore) in Bangladesh in a gamut of sectors, including gas exploration and production, power, petrochemicals and coal mining.
Hiranandani, K Raheja Builders, Gamon Infrastructure and Kalpataru are reported to have shown interest in the Rs 9,300-crore project, launched by the Slum Rehabilitation Authority (SRA) of the Maharashtra government.
India's biggest realty firm, DLF is betting on special economic zones (SEZs). The zones will cover an area of 26,100 acres and the company expects to take control of the land in the next two years.
Lack of uniform valuation and disclosure standards could dampen the enthusiasm of investors in real state mutual funds once they are launched in the country.
Raghavendra Kamath and Ashutosh Joshi spoke to Kushal Pal Singh on the growth of Indian realty story and issues surrounding it.
Mumbai-based real estate firm Lodha Developers plans a public issue by the year-end to raise between Rs 2,000 and 2,500 crore (Rs 20 to Rs 25 billion), according to sources.
Even though the two state-owned airlines, Indian Airlines and Air India, have announced a merger, the country is on its way to once again have two scheduled airlines controlled by the government.
GMR evinces interest in the project.
The causes are symptomatic with the UPA's failure to get going on the infrastructure front -- a key bottleneck as well as its inability to push agriculture growth, which slowed down from 6 per cent in 2005-06 to 2.7 per cent the year after.
SK Jain, who heads NPCIL and Bhavini, tells Vandana Gombar Ayyagary and Sumana Guha Ray about how NPCIL is best placed to take India's nuclear power ambitions forward.
Buckling under pressure from mill land developers, the Maharashtra government is considering reducing the value of textile mill lands in its Stamp Duty Ready Reckoner
Global investment major AMP Capital Investors is launching a $500 million equity fund sometime soon this year to invest in infrastructure in India and China. This will be the third such fund from AMP.
The $4 billion tractor-to-IT conglomerate Mahindra & Mahindra is in talks with European fresh produce supply chain and distribution companies to set up a supply joint venture to cater to international and domestic markets.
The picture is becoming bigger for the core sector. Lower margins from infrastructure projects and expectations of a higher yield from real estate projects have seen many a core sector company jumping on the realty bandwagon.
The government on Thursday cleared the proposed Bill for setting up the Airport Economic Regulatory Authority.
The sales of construction companies are expected to rise in the current quarter and financial year on the back of strong order books and increased activity in infrastructure.
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