''The meeting between the state government and the Tata Motors officials will be held on September 28,'' Chief Secretary Amit Kiran Deb told reporters at the state secretariat. The meeting will take place amidst speculation that Tata Motors is preparing to pull out from Singur due to continued agitation by Trinamool Congress-led opposition demanding return of 400 acres of land to 'unwilling' farmers.
After creating a flutter with the world's cheapest car, the Nano, Tata Motors will contribute structural components to one of Boeing's most ambitious projects, the 787 Dreamliner.
From the Sensex pack, Tata Steel, IndusInd Bank, Infosys, UltraTech Cement, NTPC, Bajaj Finance, Hindustan Unilever, Tata Consultancy Services, ICICI Bank and Maruti were among the major winners. Titan, Nestle, Larsen & Toubro, Axis Bank, ITC and Asian Paints were among the major laggards.
The legislation revokes the original lease agreement signed between Tata Motors, the country's biggest automobile maker, and the West Bengal Industrial Development Corporation.
Tata Steel would make a bid for buying the Indian iron ore assets of one of Britain's largest independent steel trading companies Stemcor.
The nomination of cluster heads for defence, infrastructure and finance business is awaited.
Shareholders feel Cyrus Mistry is slowly slipping into Ratan Tata's shoes
The largest offered by the Uttaranchal government for the project included the excise and income tax holidays.
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.
Residents of Singur in West Bengal's Hooghly district staged protests on Thursday when officials from Tata Motors came scouting for land to set up the manufacturing plant for the company's ambitious Rs 100,000-car project.
Singapore Airline along with its Indian JV partner have got clearance from the aviation ministry.
Tata had in the past blamed corporate rivals, without naming them, for putting a spanner in the Nano project leading to land acquisition problems in West Bengal. As a result, the project had to be shifted out of Bengal to Sanand in Gujarat. And this came at a cost. The project originally estimated at Rs 1,500 crore (Rs 15 billion) now costs over Rs 2,000 crore (Rs 20 billion).
The Tata Group is likely to sign a final agreement with Bangladesh's state-run Board of Investment for its proposed two billion dollar investment in the country soon, a media report said on Monday.
Mamata government initiates process to give land back to farmers.
Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
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.
Hitesh Harisinghani/Rediff.com captures glimpses from one of Mumbai's famous heritage buildings, the newly renovated David Sassoon Library and Reading Room.
Tata Steel's margins may remain under pressure in FY15.
A lot depends upon the crucial decision-making skills of the management. If you have any doubts about the management then you always have the choice of selling your shares or not buying stocks of those companies at all.
Over 1,00,000 acres will be taken over by the Chhattisgarh, Jharkhand, Orissa and West Bengal governments or government agencies
Norms limiting airlines' stake in SPVs managing airports to hurt Tatas.
Oberoi Relaty expect 20-25 per cent premium for tis residential project.
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
The Calcutta high court has dismissed all the petitions challenging the acquisition of land at Singur for the Tata Motors small car plant.
African joint venture Cennergi, formed six months earlier, already executing projects
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
With passenger growth pegged at 14 to 15 per cent, airport infrastructure could be a make or break business for both new players and incumbents.
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.
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.
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.
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 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 C295 is known to be a superior aircraft used for tactical transport of up to 71 troops or 50 paratroopers, and for logistic operations to locations that are not accessible to current heavier aircraft.
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 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.