Tata Steel said it has entered
into a joint venture agreement with Canadian mining firm New
Millennium Corp for development of an iron ore project in
N America, in which the Indian firm would invest 300
mn Canadian dollars.
Leading cellular service provider,
Tata Indicom, in association with Corporation Bank and
PayMate, on Thursday announced the launch of ‘Green Money Transfer’-
a unique person-to-person mobile money transfer service.
Software exporter TCS said it would pay 150 percent of the quarterly component of the variable pay this quarter to eligible employees in India pay roll as it reported 29 percent jump in profit for the July-September period.
Tata Motors Chairman Ratan Tata
today said the global financial crisis has posed challenges to
marquee brands Jaguar and Land Rover, but the USD 2.3-billion
acquisition of the iconic brands was "worthwhile".
The FIPB has approved a proposal by the Spanish apparel player, Industria de Diseno Textil, Sociedad Anonima (Inditex SA), to set up a joint venture with the Tata group subsidiary, Trent Ltd with an investment of Rs 23.58 crore.
With steel prices almost halved
from the year-ago period, Tata Steel today recorded a 47 per
cent dip in standalone net profit for the quarter ended June
30 and hoped for an improved show in coming quarters.