Tata Steel's margins may remain under pressure in FY15.
Both Vistara and AirAsia India, along with their partners, are quietly putting together an aggressive plan to become a formidable force in the skies. At the core of this new push is their plan to go international this financial year.
Equity benchmark Sensex declined over 215 points on Wednesday, weighed by losses in index heavyweight Reliance Industries, Bajaj Finserv and Tata Steel, after the Reserve Bank raised the key interest rate by 35 basis points. Subdued Asian markets and continued selling by foreign investors also weighed on sentiment, traders said. Extending its losses for the fourth straight session, the 30-share BSE Sensex ended 215.68 points or 0.34 per cent lower at 62,410.68.
Oberoi Relaty expect 20-25 per cent premium for tis residential project.
Tata Group Chairman Ratan Tata arrived in Dhaka on Wednesday on a three-day visit during which he will hold discussions with the government about his $2 billion investment plans in Bangladesh.
Norms limiting airlines' stake in SPVs managing airports to hurt Tatas.
Over 1,00,000 acres will be taken over by the Chhattisgarh, Jharkhand, Orissa and West Bengal governments or government agencies
African joint venture Cennergi, formed six months earlier, already executing projects
The Calcutta high court has dismissed all the petitions challenging the acquisition of land at Singur for the Tata Motors small car plant.
The sources further said that around five statues, including of Mahatma Gandhi and Bhim Rao Ambedkar, in the Parliament complex are also likely to be relocated temporarily due to the construction work and they will be reinstalled at prominent places within the new complex once the project is completed.
With Tata Motors about to unveil a low-cost, very small car, automakers from Europe and the U.S. are poised to jump into the market
The government's vision of "housing for all by 2022" may turn out to be an uphill task with developers keeping off low-cost housing projects citing regulatory hurdles, high land cost and low returns making such projects "unaffordable".
The new small car would be launched in the first half of 2008.
Irked by constant intimidation of its workforce by agitating party workers, the company had yesterday evacuated the manpower from Singur. "There has been no improvement in the ground situation so far, hence the conditions are still not conducive for resuming work today," a Tata Motors spokesperson said. "We continue to assess the situation closely," he said.
The land taken by Tata Motors at Singur for the erstwhile Nano car factory, and by the many companies who invested there to be vendors to the project, isn't set to change hands anytime soon.Tata and the vendors both say they plan to hold on to the lease titles, even as Trinamool Congress chief and Union railway minister Mamata Banerjee and the West Bengal government continue with their political posturing over a plan for a rail coach factory at the location.
The test - called the Truenat Beta CoV test - effectively enables same-day testing, reporting, and patient isolation initiation.
Reliance Jio has sent a second legal opinion to the Telecom Regulatory Authority of India (Trai) on the subject of the potential allocation of satellite spectrum. The letter is written by retired Supreme Court Justice L Nageshwara Rao and argues in favour of auctions, stating that any other method for allocating spectrum apart from auctions could be constitutionally unsound. Business Standard has reviewed the letter.
Modi said the new Parliament reflected the aspirations and resolve of the "new India" to set and work towards achieving new targets.
Unlike Ratan Tata's philosophy, Mistry cared about short-term gains. This is a Diwali gift for many
The joint venture, for which both the parties have signed a memorandum of understanding, has drawn criticism from the NGOs and environmentalists on the ground that it would cause extinction to the world's rarest birds.
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.
The Tata Advanced Systems, a new, wholly-owned subsidiary of the Tata Industries, and other group companies would join hands with EADS Defence and Security, US-based Raytheon and Precision Electronics to bid for the army's communication system.
'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.'
"The car should be out some time in 2008. It is in the prototype stage and prototypes are running. Its cost will be somewhere between a motorcycle and a car," Tata said in an interview to The Week magazine.
Tata Steel is exploring the possibility of setting up a mega project in collaboration with the world's fourth largest producer, Nippon Steel Corporation of Japan.
Both the companies have in the past worked together on several projects.
Tata Steel has ventured into pilot projects that promote use of steel in furniture and house doors.
Tata Consultancy Services and Oracle have begun a pilot project involving international carrier Virgin Atlantic to manage critical parts used in aircraft maintenance and repairs by tagging them with a radio frequency identification device.
The company is also working on various other measures such as enhancing quality of manufacturing facilities and improving customer buying and after sales experience.
Morgan Stanley has increased the target prices of certain information technology (IT) stocks by as much as 29 per cent, anticipating an improvement in earnings in the near future. Within the IT and engineering research and development (ER&D) services sector, it is now more optimistic about growth and margin estimates for 2024-25 (FY25).
The Insolvency and Bankruptcy Code (IBC) got a leg-up with Tata Steel's acquisition of Bhushan Steel, the first big case to be resolved. Tata Steel CEO & MD T V Narendran tells Ishita Ayan Dutt how this deal moved so quickly while others are still mired in controversies.
With recession threat looming large, Indian corporate houses may be forced to rethink their projects, which have been stalled following problems in land acquisitions, industry analysts said.
The West Bengal government said on Thursday it would go ahead with land acquisition for the Rs 1,000-crore (Rs 10 billion) small car project of Tata Motors at Singur in Hooghly district before Puja.
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.
The car so far known by the code name 'Kite' will be a hatchback.
Ratan Tata on Friday asked it to give 'support and opportunity' to Prime Minister Narendra Modi for delivering on his promises.
"I am very satisfied and excited about this launch today and the Nano is not for my ego trip... certainly, not an ego trip at all," Ratan Tata said. The price of Rs 1 lakh was announced six years ago when the plan for the Nano was unveiled at an European motor show, he said. He added the fact that the company has kept its promise goes to show that it was not a "gimmick."
Is India's infrastructure fit to absorb a sudden surge in cars?
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