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.
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.
Professional services firm Ernst & Young bagged the contract from UIDAI to become consulting partner for the project.
Earlier in February, Reliance Energy had announced that it would establish a mega project at Dadri, near Delhi.
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.
Large Indian IT services companies are expected to report "muted" sequential show in a traditionally strong second quarter, as macroeconomic challenges continue to weigh on global discretionary spending, say market watchers. The big earnings week for tech heavyweights is up ahead, with Tata Consultancy Services (TCS) scheduled to announce its results on October 11, and both Infosys and HCL Technologies on October 12. Wipro is slated to declare its Q2FY24 results next week, on October 18.
Follow Anil Ambani group and Lanco for asset valuation.
Infosys would take over the programme from its rival Tata Consultancy Services.
Amid slowdown, the company is buying quality land parcels at marquee locations across the country.
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.
Chief Minister Arvind Kejriwal inaugurated the 'country's first smog tower' at Connaught Place in New Delhi on Monday and said it will prove to be a milestone and many such structures can be installed in the city if the pilot project yields results.
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.
A lot if you think of it! For starters, image strategist Avneet Kohli lists out six life lessons.
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.
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.
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.
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.
Company MD Ravi Kant meets Chief Minister Buddhadeb, discusses plan.
Industrialists say they were bowled over by the West Bengal chief minister's 'charm and simplicity'.
Mitra's stout and vociferous protest to what most see as Tata's meandering and even affectionate critique has taken people by surprise.
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.
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.
Godrej Properties Ltd has acquired legendary film actor, director and producer Raj Kapoor's bungalow at Chembur in Mumbai for around Rs 100 crore to develop a luxury housing project with a sales potential of Rs 500 crore. The land was purchased from the Kapoor family, legal heirs of Raj Kapoor, the company said in a regulatory filing. When contacted, Godrej Properties executive chairman Pirojsha Godrej told PTI: "The total size of the land is around 1 acre.
Tata Motors has more than doubled its investment plans for the small car project in Singur in West Bengal.
Rs 275 cr payment to Tata Power (SED) blocked for putting Indian part
"The chief minister has written to Tata requesting him to restart work at the Nano plant at Singur," Industry Minister Nirupam Sen told reporters in Kolkata. In his letter, Bhattacharjee promised to extend all help and cooperation to the Tatas. On speculation that the Tatas might shift their project from the state, Sen said the company had not yet taken the decision.
The joint venture will look at long-term, patient investments on solutions that don't lend to an IPO or exit on valuation basis.
From the Sensex pack, Infosys tanked over 8 per cent after the company reported a lower-than-expected 11 per cent rise in net profit for the June quarter and delivered a shocker as it slashed its FY24 growth outlook to 1-3.5 per cent on delayed decision-making by clients amid global macro uncertainties. Hindustan Unilever, HCL Technologies, Wipro, and Tech Mahindra were the other major laggards. On the other hand, Larsen & Toubro rose the most by 3.88 per cent after it bagged an order of worth over Rs 7,000 crore from the bullet train project.
The Tatas maybe facing an uphill task getting their small car project in Singur started, but the group's ambitious special economic zone at Gopalpur in Orissa is soon set for launch sans any land acquisition problems.
Anil Ambani-led Reliance Power, which emerged as the lowest bidder for the 4,000 MW ultra mega power project at Krishnapatnam in Andhra Pradesh, will be awarded the contract in a few days, Power Minister Sushilkumar Shinde said on Tuesday.
Ahmedabad-based Adani Group is said to be the frontrunner to buy out both Tata Steel and Larsen & Toubro's stake in Dhamra.
While the West Bengal government is still grappling with the political opposition even after announcing a rehabilitation package to the land losers of Tata Motors' project in Singur
Singapore Airlines first approached the Tatas, its old choice for a venture in India, and was aware of AirAsia negotiations.
