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'.
The EV industry is at an inflection point and batteries will play a critical role ahead -- batteries and related components typically constitute 35-45 per cent of an EV's costs.
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.
His presence matters more than the money he brings.
Modi said the new Parliament reflected the aspirations and resolve of the "new India" to set and work towards achieving new targets.
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.
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.
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.
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.
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.
Professional services firm Ernst & Young bagged the contract from UIDAI to become consulting partner for the project.
Amid slowdown, the company is buying quality land parcels at marquee locations across the country.
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
Infosys would take over the programme from its rival Tata Consultancy Services.
Rs 275 cr payment to Tata Power (SED) blocked for putting Indian part
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.
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.
Earlier in February, Reliance Energy had announced that it would establish a mega project at Dadri, near Delhi.
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.
A lot if you think of it! For starters, image strategist Avneet Kohli lists out six life lessons.
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.
'The rising cost of construction, the cost of doing business, high compliance, and inflation/interest rates going up have already reduced returns to single digits.'
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.
While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.
Follow Anil Ambani group and Lanco for asset valuation.
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 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'.
The joint venture will look at long-term, patient investments on solutions that don't lend to an IPO or exit on valuation basis.
Mitra's stout and vociferous protest to what most see as Tata's meandering and even affectionate critique has taken people by surprise.
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.
Renewed inflationary pressures, led by a spike in prices of vegetables and cereals, have cast a spell on the equity markets in the past month. The BSE Sensex and Nifty50 have declined up to 2 per cent each during the period, clipping the 13 per cent rally from the March lows, shows data from ACE Equity. Investors typically consider shares of fast-moving consumer goods (FMCG) companies as defensive bets, putting their weight behind them in a falling market.
As temperatures soar across the country, amid searing heat wave, analysts see power demand hitting fresh record highs this year. The time, therefore, may be opportune to add related stocks on dips as higher demand boosts earnings visibility, they said. On April 18, India's electricity demand touched a new high of 216 gigawatts.
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.
After Rs 1-lakh people's car Nano, the Tatas on Wednesday unveiled a low-cost realty project which offers a house for less than Rs 4 lakh.Tata Housing, the real estate development arm of the Tatas, will build one-room-kitchen flats for just Rs 3.91 lakh in a township being developed at Boisar, 100 km from Mumbai.
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