Tata Power Company Ltd has signed a development agreement with Germany's Siemens Project Ventures GmbH to jointly bid for ultra mega power projects.
Tribals on Friday took out separate rallies in Orissa's Kalinganagar area, both in support of the Tata Steel project and against it, to mark the third anniversary of killing of 14 tribals in police firing.
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Tata Value Homes, a 100 per cent subsidiary of Tata Housing, on Monday launched its exclusive e-commerce platform to sell flats and is eyeing up to Rs 1,000 crore (Rs 10 billion) revenue by FY2015-16.
"If need be we will move and relocated the Nano project elsewhere. Relocation will cost both the Tatas and the West Bengal government, but I will not bring my employees here if they will be beaten up," the Tata Group chairman said.
As part of other initiatives to connect with the people, the company is organising special training programmes for women in areas such as tailoring, hand gloves making, garments, food products and handicrafts.
"After sinking in Rs 6,000-7,000 crore in the Nano till date, what is the result?"
Just when it was almost certain that the Tatas were pulling out the Nano project, the West Bengal Cabinet assured help and cooperation to Tata Motors and requested them to change their minds. The West Bengal Cabinet said after a meeting on Thursday that though the Nano project was not on the agenda, it came up for discussion following requests by ministers.
As part of the partnership, about 1,000 homes across projects in cities like Mumbai, Pune, Ahmedabad, Bengaluru and Chennai will be put up for sale on Snapdeal.
Apple Inc is expected to produce iPhones worth $12 billion (freight on board value) in India during 2023-24, according to discussions between the company's vendors and the government. This would account for around 12 per cent of Apple's global iPhone production-higher than the earlier plan of shifting around 9 per cent of the total to India by FY24, which is the third year of the PLI (production-linked incentive) scheme.
The BJP's Bihar unit responded to the tweet saying, "The first picture is your future and the second is of India. Understood?"
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
The Tatas had earlier stated that it could return the land if compensation was offered. Tata Motors last year shifted its small car Nano project from Singur to Sanand in Gujarat after protest by local farmers and political parties.
Anil Ambani-led Reliance Power, which emerged as the lowest bidder for the 4,000 MW ultra mega power project at Krishnapatnam, will be awarded the contract in a few days.
Following the insertion of Corus Group on Tata Group's balance sheet, global credit rating agency Moody's has downgraded Tata Steel Ltd's corporate family rating from investment to speculative.
The project of Reliance Energy with capacity of 4000 MW at Shahapur in coastal Raigad district is in progress and is expected to be completed by 2011, Maharashtra Legislature was informed.
Prime Minister Narendra Modi on Wednesday said the world looks at India as an important pillar of stability, a trusted friend, an engine of growth in the global economy, a technology hub for finding solutions and a powerhouse of talented youth. He also said that in the rapidly changing world order, India is moving forward as 'vishwa mitra' (friend of the world). Speaking at the inauguration of the 10th edition of the Vibrant Gujarat Global Summit, which saw participation of state hea
It is raining mega investment in Orissa, but none of the big ticket projects have made any headway.
Mr Mitra, show me where is industrial development in Bengal: Tata
The Indian steelmaker, which bought the Mozambique project with Australia-listed Riversdale Mining, sees the mine as essential in ensuring it has a sustainable supply of coking coal.
Will get Rs 830 cr, Rs 329 cr respectively to offset higher coal costs
The projects coming up in Bihar, Jharkhand and Odisha will together add 16,000 MW capacity to country's power generation.
The investigating agency wants to ascertain the actual purpose of the deal.
The Tamil Nadu government has agreed to help Tata Steel procure nearly 10,000 acres of land for its Rs 2,500-crore (Rs 25 billion) titanium dioxide project in Tuticorin district, 540 km south-west of state capital Chennai. This is the first time the state government has officially said it will get involved in the land acquisition process for Tata Steel's ambitious project, which has been on paper for nearly a year.
The partners intend to invest $2 million annually through the India Innovation Growth Programme for the entrepreneurs to develop technology-based solutions for the betterment of the society
Lanco Infratech has emerged as the lowest bidder for the 4,000 MW Sasan ultra mega power project, outsmarting its nearest rivals Reliance Energy and Tata Power as well as seven other contenders.
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
The Tata Motors team led by its Managing Director G Ravikant and accompanied by Karnataka Industry Minister Murugesh Nirani visited three places in and around the twin cities of Hubli-Dharwad in Karnataka. The Belur Industrial area, Mummiatti and another area around the airport near Hubli were the three sites which were offered by the government.
When it comes to electric cars, the electric dream is turning out to be a six-letter word starting with f, ending with y, and having antas in between, notes Suveen Sinha.
Tata Chemicals has undertaken experiments with biofuel. If these efforts are successful, the company will take up large scale manufacturing of biofuel at its Nanded plant.
Tata Motors went ahead with mobilisation of construction equipment at Singur on Monday and enrolment of locals for work on the Rs 1,000 crore (Rs 10 billion) greenfield plant amid heavy security.
The ex-CM said he had the honesty to face the protesters. He said the government should hold a dialogue with locals before coming up with any project.
Group to enter education, invest `100 cr to begin with.
Making a submission in the court of Justice Saumitra Pal, Tata counsel Samaraditya Pal said that 997.11 acre leased to Tatas (lessee) by West Bengal Industrial Development Corporation (lessor) was not kept idle from the time of execution of the lease deed to the exit from the site by the company.
A vendor said that Tata Motors had sent a mail that a meeting with the West Bengal commerce and industry secretary was scheduled for Thursday. Industry Secretary Sabyasachi Sen was not available for comment. However, WBIDC's public relations agency said that Sen had not sent any mail to vendors.
Tata Power Company, the largest private sector power player in the country, plans to divest part of its stake in group companies Tata Teleservices and Tata Teleservices (Maharashtra) to raise about Rs 2,000 crore for funding its ongoing projects, said informed sources.
After deciding to withdraw the Nano project from Singur in West Bengal in October last year, Tata Motors has sought 10 months time from West Bengal Industrial Development Corporation to remove the equipment.
