The toll waiver will be in force from midnight on Monday, he said.
The state government has been lobbying the central government for continuation of these incentives.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
UK-India trade has unrealized potential, given the synergies possible between the two countries, said Ratan Tata
Unlike Anil Ambani led Reliance Group or the Adani Group, Tata did not announce any mega investment.
For years, critics termed Tata's vehicle business as a millstone around the neck. But Group chairman Ratan Tata on Wednesday flattened their theory by taking the automobile venture to a new plane with the acquisition of British luxury brands Jaguar and Land Rover.
With a large gathering of corporate leaders in attendance at the function in Mumbai even as the master blaster played his last test match at the nearby Wankhede Stadium, the Finance Minister said, "Ratan (Tata) is as big a draw as Sachin."
Ratan Tata demitted office as chairman of the Tata group in a blaze of congratulatory comment that, in a sense, says much about the strengths and weaknesses of Indian business in a globalised world.
He said land acquisition and coal block auctions, and water were challenges impeding the growth of the sector.
Tata group chief Ratan Tata on Tuesday submitted to the Supreme Court that despite being a public figure he has the right to privacy and the media cannot violate it by publishing or telecasting his private conversations contained in Radia tapes.
Dubbing the debate triggered by Rajya Sabha MP Rajeev Chandrasekhar with Ratan Tata on 2G spectrum as 'futile', a Tata Group firm on Friday said his attack on a former telecom regulator was a 'cheap gimmick'.
The venture is applying to the Reserve Bank of India for approvals.
A proposal by the joint venture between Tata Motors and Fiat to set up a facility to manufacture the world's most famous small diesel engine -- the 1.3 multijet -- had been rejected by Japan's largest maker of minicars, Suzuki Motor Corporation.
Tata Motors, the country's third-largest carmaker, on Thursday unveiled a new stationwagon model based on the Indigo mid-size car and a new version of its premium small car Indica.
Corporate giant Tatas announced on Wednesday that it would explore investment opportunities in Pakistan in areas like automobiles, hotels and software, saying a synergy between the neighbouring countries would be beneficial for the region.\n\n
It will expand their footprint radically, give them a huge presence at the top end of the market, and reduce their dependence on India.
Assocham is planning to write a letter to the West bengal chief minister, asking her to bring back the Tatas to regain business confidence.
Tata has already said, as days go by, he would focus his attention on "specific areas where value can be added to enhance the quality of life of rural citizens".
Chandrasekhar's comments came within hours of Tata slamming him for the alleged subversive role played by him to change the telecom policies.
Mody, 92, held important positions in Tata group and led Tata Steel till he retired in the early 1990s.
Auto major Tata Motors on Monday said it appointed Carl-Peter Forster as the new group chief executive of the company.
To lure the automaker, West Bengal seized small farms to give Tata nearly 1,000 acres -- and so far it has rejected compromise proposals.
Hatoyama is the first Japanese PM to visit India in 25 years.
The biggest winner of the Tata drive to drill down innovation to every person on every shop-floor is the Tata conglomerate. While the most visible symbol of this has been the Nano, insiders say Tata has already started asking his senior executives, 'What is the next Nano?' The innovation drive is seeking to answer that question.
Ironically, one of his greatest challenges during the coming year will be writing himself out of the script.
The outgoing Chairman of the Tata group Ratan Tata is "rattled" by India's current image emerging from scams and retrospective taxation, and wants the government to give an "irreversible commitment" that law of the land has sanctity.
Tata group Chairman Ratan Tata did live up to his promise of delivering a Rs 1 lakh car. But, that promise is now costing Tata Motors dear.
Tata group Chairman Ratan Tata did live up to his promise of delivering a Rs 1 lakh car. But, that promise is now costing Tata Motors dear.
PepsiCo chairman and chief executive officer Indra Nooyi, who has been speculated to be among the possible candidates to succeed Ratan Tata as chairman of the Tata Group, has ruled herself out of the race, saying she "loves" her present job.
The company, which is a leading player in the Indian wearables market, is backed by angel investors like Shriram Nene and his wife and Bollywood actress Madhuri Dixit Nene and WhatApp's Neeraj Arora
Ratan Tata on Friday told the Supreme Court that the tapped telephonic conversations between corporate lobbyist Niira Radia and top politicians, bureaucrats and businessmen, including himself, were leaked to the media because of corporate rivalry.
Tata Group chairman Ratan Tata on Thursday decried the government for not learning from the past and failing to put in place a crisis infrastructure that could be activated immediately after terror attacks in the city.
V Sumantran has resigned from the post of executive director of Tata Motors.
Ratan Tata-led Tata Motors on Thursday said that it plans to expand its commercial vehicles business in India and would launch a few more models by this year-end.
In an open letter to the people of West Bengal, Ratan Tata said the citizens should decide whether they wanted education and jobs in the industrial and hi-tech sectors or 'want to stay as they are.' The letter said, 'The people of West Bengal, particularly the younger citizens, will need to express their views and aspirations as to what they would like to see West Bengal become in the years ahead.'
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