The fund is to invest in income generating assets such as malls, office complexes among others.
A squad of about 300 special Central Industrial Security Force commandos has taken over the security of a large Tata Steel manufacturing facility in coastal Odisha, making it the 7th private sector concern in the country to get armed cover by the paramilitary force to ward off terror threats.
In an affidavit filed before the apex court, the government said that the petition challenging the use of coal for projects other than 4,000-MW Sasan Ultra-Mega Power Project was filed on a totally false basis and 'gives a totally misleading and erroneous impression'.
His presence matters more than the money he brings.
The Central Public Works Department, which is executing the government's ambitious Central Vista redevelopment project, will soon start the construction work of the new Parliament building once it gets permission from the Heritage Conservation Committee, officials said on Tuesday.
Tata Consultancy Services (TCS), Infosys Technologies and Wipro were eliminated from the selection process for the project on technical grounds. Another IT major, HCL Technologies, was also rejected. The size of the project is not yet known.
The Central Bureau of Investigation (CBI) has started a fresh inquiry into the Rs 1,700-crore land deal between Tata Realty and Unitech in 2007.
The government is close to approving a proposal by Micron Technology to set up an assembly, testing, marking and packaging (ATMP) facility in the country involving an investment of about $1 billion. The world's fifth largest semiconductor company, based in Idaho, USA, will use the facility to process some of its own wafers, manufactured across the globe.
If Tata pulls out now, it will be a huge blow to the state, and will be expensive for Tata too, as the company has irretrievable sunk cost in Singur of between Rs 350 crore (Rs 3.5 billion) and Rs 500 crore (Rs 5 billion). Among the will be Mamata Banerjee, who will find it hard to live down the ignominy of having deprived her state of a project that has made news the world over.
Anil Ambani-promoted Reliance Power is likely to announce the financial closure of its 3,960-Mw Sasan ultra mega power project (UMPP) in a few weeks.
Rs 275 cr payment to Tata Power (SED) blocked for putting Indian part
Amid slowdown, the company is buying quality land parcels at marquee locations across the country.
Professional services firm Ernst & Young bagged the contract from UIDAI to become consulting partner for the project.
Tata Steel's greenfield projects -- in Orissa, Chhattisgarh and Jharkhand -- were significant for Corus, which incurred high cost on raw materials, said sources close to Tata Steel.
Infosys would take over the programme from its rival Tata Consultancy Services.
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
Surprised at slow progress made over land allotment in Delhi, Tata Power has initiated talks with Haryana and Uttar Pradesh governments for establishing a 1000 MW power plant with a minimum investment of around Rs 4000 crore
The UK government has promised to put in place measures worth hundreds of millions of pounds to support any rescue deal for the Indian group's UK business.
Deep in Tata Motors' largest factory, engineers don 3D glasses to play with car designs and prototypes projected from a 10-metre wide computer screen. Their quest? The automaker's next blockbuster car model.
A lot if you think of it! For starters, image strategist Avneet Kohli lists out six life lessons.
Delhi Metro, Yamuna-expressway and Tata Power's Mundra ultra mega power project in Gujarat are among the six ventures that have figured in the list of world's most innovative, impactful infrastructure projects prepared by international accounting firm KPMG.
Earlier in February, Reliance Energy had announced that it would establish a mega project at Dadri, near Delhi.
Among the Sensex stocks, Larsen & Toubro rose the most by 3.96 per cent after the company announced a major project win in the Middle East. HDFC, HDFC Bank, Sun Pharma, ITC, HUL, Titan, TCS, HCL Tech, Asian Paints, Bajaj Finance, Infosys and Tata Steel were among the major gainers.
Saudi Arabian mining firm Ma'aden, in a joint venture with Alcoa, is undertaking a $10.8 billion project to set up what has been dubbed as the the world's largest vertically integrated aluminium complex.
The joint venture will look at long-term, patient investments on solutions that don't lend to an IPO or exit on valuation basis.
The industry is facing scarcity of raw material and steel import is on a rise.
Industrialists say they were bowled over by the West Bengal chief minister's 'charm and simplicity'.
Follow Anil Ambani group and Lanco for asset valuation.
India is sceptical that Tesla might import into the country cars made in China. Tesla executives were in India last month and appear to have proposed a factory in the country. But do not be surprised if that does not happen in a hurry.
'It has been three years since the last Marathon so there is a tendency to go all out, but you got to ease back into it more gently.'
Mitra's stout and vociferous protest to what most see as Tata's meandering and even affectionate critique has taken people by surprise.
The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in net sales growth and a relatively muted increase in reported net profit.
Peeved at the delay in getting the approval of the Bangladesh government, Tata Group on Wednesday hinted that it may shelve plans to invest over $3 billion to set up power, steel and fertiliser projects in the country.
The Tata Group and Singapore's Changi Airports International have agreed to jointly bid for the modernisation works of airports at Chennai and Kolkata as also vie for similar projects in non-metro airports.
Company MD Ravi Kant meets Chief Minister Buddhadeb, discusses plan.
Media persons mobbed Ratan Tata for comments on the controversy over the small-car project in West Bengal and also on the race to acquire Anglo-Dutch steel giant Corus.
After Rs 1-lakh people's car Nano, the Tatas have unveiled a low-cost realty project which offers a house for less than Rs 4 lakh.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances