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Tata Steel

Demand for affordable houses rising

Demand for affordable houses rising
Tata Steel expects rising demand for affordable housing in the country to drive growth for its pre-fabricated construction solutions. The company introduced its low-cost, pre-fabricated housing solution, Nest-In, last year and saw good initial response in the Indian market, a company official said. We see this as an upcoming technology that could address the vast [...] Continue Reading »

Heightened activity in the business world: Increase in M & As: Law firms benefited

Heightened activity in the business world: Increase in M & As: Law firms benefited
Due to the advent of the Narendra Modi government, there has been a heightened activity and business optimism in the market. This has put the Indian law firms in a growth trajectory and they are benefiting strongly from the surge in mergers and acquisitions (M & A) in the last few months. India’s biggest law firm [...] Continue Reading »

Among world’s most powerful public cos are Reliance Industries, SBI, 52 other Indian firms.

Among world’s most powerful public cos are Reliance Industries, SBI, 52 other Indian firms.
With Chinese companies occupying the top three slots on the list. Mukesh Ambani-led Reliance Industries (RIL) leads the pack of 54 Indian companies in Forbes’ annual list of the world’s 2000 largest and most powerful public companies. The Forbes ‘Global 2000′ is a comprehensive list of the world’s largest, most powerful public companies, as measured [...] Continue Reading »

Developers all-out buying land

Developers all-out buying land
For property firms in the city, in the past few weeks a slew of land deals have brought in a mixed bag of results. Though the bigger, cash-rich firms are raking in the moolah, the remaining few others are working hard with slow sales and delayed projects in the face of an economic downturn. By [...] Continue Reading »

Tata Housing purchased 7 acre land in Mumbai for Rs 214 crore

Tata Housing purchased 7 acre land in Mumbai for Rs 214 crore
As per a source, Tata Housing has signed an agreement with KEC International to purchase 7.3-acre land parcel in Thane. Further, the Tata Housing which is a real estate wing of Tata Group will develop premium homes on the land and expects Rs1,300 crore revenue from this project. KEC International is world famous infrastructure engineering, [...] Continue Reading »

Oberoi may collect up to Rs 7,000 cr from Borivali land parcel

Oberoi may collect up to Rs 7,000 cr from Borivali land parcel
As per the source the 25 acre Tata Steel land parcel that Mumbai-based Oberoi Realty bagged is anticipated to have sales potential of Rs 6,500-Rs 7,000 crore. Tata Steel announced Oberoi Realty as the highest bidder for the Borivali land located to the north of Mumbai on the basis of its final bid of Rs [...] Continue Reading »

Tata Steel sells Borivali land to Oberoi Realty

Tata Steel sells Borivali land to Oberoi Realty
The famous steel company Tata Steel sold its 25-acre Borivali land parcel in Mumbai for Rs 1,155 crore to Oberoi Realty through e-auction. The Steel giant says that the committee of Independent Directors appointed for the oversight and governance of the sale process by the Tata Steel Board announced that the highest bidder of the [...] Continue Reading »

25-acre Tata Steel land collect 1,100 crore bid

25-acre Tata Steel land collect 1,100 crore bid
The biggest parcels of land in Mumbai are believed to collect the highest bid of Rs 1,155 crore. It is rumor that the Oberoi Realty may be the highest bidder. A source of Tata Housing says that they are still in the race. The bidder has not been finalized yet and the process is still [...] Continue Reading »

Jan 1 taken as cut-off date for land prices by Odisha

Jan 1 taken as cut-off date for land prices by Odisha
The date January 1, 2014, has been fixed by the state government to evaluate the benchmark value of land. On the same day, the revised land acquisition law, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (RFCTLAR&R), 2013, came into effect. Land acquisition cases initiated before 2014 will be [...] Continue Reading »

Canada Pension Plan may invest Rs 2,000 crore in L&T’s infrastructure arm

Canada Pension Plan may invest Rs 2,000 crore in L&T’s infrastructure arm
Rs 1000 crore will be invested in the wholly owned infrastructure development arm of engineering major Larsen & Toubro, L&T Infrastructure Development Projects (L&T IDPL) ,by Canada Pension Plan Investment Board (CPPIB) . L&T is also looking at a second tranche capital infusion into the company which is of Rs 1000 crore , which is expected to [...] Continue Reading »



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