Ratan Tata, chief of Tata Group, on Friday said the ambitious Rs 100,000 car will be manufactured from three-four places, including West Bengal and Uttaranchal.
A stake level of 26 per cent in a company is crucial as with this strength, a stakeholder can block any special resolution at board meetings.
Tata Motors on Thursday clarified that it has no intention to back out of the Singur deal where it plans to set up a plant to manufacture the Rs100,000 car.
Meet Arunkumar Ramanlal Gandhi. The head of the M&A activities in the Tata Group, who called up Tata to convey Tata Steel's victory.
Tata Group chairman Ratan Tata has said the company could not give any guarantee over safety of jobs as it plans will be to make the UK operations more profitable.
The board of Tata Steel, which will enter an open bidding war with Brazil's CSN for Corus on Tuesday, met in Mumbai presumably to discuss the strategy for the auction and also consider the quarterly results.
Tata group chairman Ratan Tata on Tuesday came out in support of the West Bengal government for offering shares of Haldia Petrochemicals Limited to state-owned Indian Oil Corporation -- a decision contested by HPL's principal promoter, the Chatterjee
Delhi-based tractor maker Sonalika Group and Kolkata-based Global Automobiles have already announced their decision to take on the Tatas
Even as the Tatas face problems in acquisition of land for a car manufacturing plant at Singur in West Bengal, the Orissa government has asked the group to consider setting up an automobile plant in the state.
The Tata Group is looking for investments in Bangladesh's steel, power and fertiliser sectors worth $2billion, a media report said in Dhaka on Saturday.
Virtually rejecting the proposal of a major telecom player for levying a hefty entry fee of Rs 1500 crore (Rs 15 billion) for spectrum to start third generation mobile services
While New Jersey, US-based OrbitBeyond leads a consortium of subcontractors who have designed and developed hardware for deep space missions, Bengaluru-based Team Indus is leading OrbitBeyond's lander engineering, reports T E Narasimhan.
