One of the challenges on diesel engine is refinement.
'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.'
This was how a despondent Ratan Tata, who once said he will not pull out of Singur even at gun-point, on Friday summed up his group's "painful" decision to exit the Rs 1-lakh Nano car project from West Bengal.
The 24-metre-high air purifier recorded a PM2.5 concentration of 642 micrograms per cubic metre at the inlet and 453 micrograms per cubic metre at the outlet.
Modi said the new Parliament reflected the aspirations and resolve of the "new India" to set and work towards achieving new targets.
The total investment - by Tata Motors and its vendors - in the Rs 1 lakh car project is Rs 3,700 crore (Rs 37 billion). The West Bengal government on Thursday disclosed that the investment in the vendor park would be around Rs 2,200 crore (Rs 22 billion).
Leading property developers, such as Oberoi Realty, Tata Realty and Infrastructure, and Hiranandani, have turned to redevelopment of existing buildings in the expensive parts of Mumbai as a way of augmenting revenue. Experts estimate that Mumbai's redevelopment projects could be worth Rs 30,000 crore. As such, they are not new. What is new is that the big developers are interested in them. Leading the race is Oberoi Realty, which has set up a separate team for these projects.
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.
'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.'
Analysts sceptical whether company will sustain rise in operating profits.
For the group's top firms, return on net worth is now 27 per cent, compared with 17 a decade ago.
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.
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.
However, the cost for the coming round is yet to be decided; it will be below Rs 10 lakhs (Rs 1 million) for each unit offered, but how much below is not clear. Nor have the cities been decided.
Tata Power Company, which is developing India's first 4,000 mw ultra mega power project in Mundra signed on Wednesday contracts reportedly worth $1 billion with Korea's Doosan Heavy Industries & Construction Company.
The funds would be utilised to meet capital and product development expenses in projects involving the growth of both its commercial vehicle and passenger car business units apart from other unspecified corporate purposes.
Market watchers believe Tata Motors' move to upgrade the Nano is a right decision.
Ahead of India visit of News Corp chief Rupert Murdoch, the proposal for the direct-to-home venture by Star is shuttling between ministries raising doubts whether the Rs 1,600 crore
Tata Consultancy Services on Monday entered into a five year research and development collaboration with Stanford University of United States for research in the critical area of data privacy.
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.
In one of the biggest donations by a business family in India, the family of Adani Group chairman Gautam Adani on Thursday committed to donating Rs 60,000 crore (around $7.7 billion) to various charities related to health care, education, and skill development. The commitment has been made to mark Gautam Adani's 60th birthday on Friday as well as the birth centenary year of his father Shantilal Adani. The corpus will be administered by the Adani Foundation. "At a very fundamental level, [programmes] related to all these three areas should be seen holistically and they collectively form the drivers to build an equitable and future-ready India.
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.
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).
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
To use JLR's technology in the new cars.
Admitting that the bombs were hurled, Chandannagore SDPO Kalyan Mukherjee said the incident occurred at around 2130 hours in the sleepy village of Singur in West Bengal's Hoogly district.
Most of the local residents expressed fear that redevelopment will kill the small businesses in Dharavi that it is known for and that they are content with the way things are at present.
Tata Motors Ltd is to develop a new platform for utility vehicle for which it will firm up the project outlay by January 2004, a senior company official said on Saturday.
Road and rail traffic in Kolkata and surrounding areas was thrown out of gear on Tuesday following an hour-long blockade by the Trinamool Congress to protest the 'forcible' acquisition of agricultural land for the Tata Motors car project.
The project, which has attracted attention as much for the competitive pricing of the car as the political unrest over land acquisition for its factory 45 km from Kolkata, is now expected to be launched in the first half of 2008-09.
Code-named Pelican, bigger hatchback with new petrol and diesel engines may hit the road next year.
This amendment is proposed to be made retrospectively effective from FY16 onwards.
The Street shrugged off a muted first quarter of financial year 2023-24 (Q1FY24) and a cautious near-term outlook by India's largest information technology (IT) services company, Tata Consultancy Services (TCS). The stock was the top Nifty50 and Sensex gainer on Thursday, rising 2.5 per cent, as investors took comfort from a robust order book and an encouraging pipeline. Like its larger peer, HCL Technologies' (HCL Tech), too fell short of the Street's expectations on the revenue and margin fronts given cuts in discretionary expenditure.
West Bengal Chief Minister Buddhadeb Bhattacharjee has said that the decision of the Tata Group to withdraw from the Singur project was a colossal one.
Tata Steel's global footprint is spreading at a furious pace.
The automobile firm's response came in reply to an earlier specific query of the apex court asking it to make its stand clear over the allotted land in the wake of changed scenario as the company had already moved its car plant to Gujarat.
