12 Indian cos. in Forbes Asia's list of 'Fabulous 50' Bajaj Auto, BHEL, Infosys, ITC and RIL are among the 12 listed Indian companies which have figured in the latest list of "Fabulous 50" of prestigious international magazine 'Forbes Asia.' 06 Dec 2006
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Brazil’s CSN in the fray for Corus takeover with £ 4.26 billion bid Brazil's Companhia Siderurgica Nacional (CSN) has announced that it has approached Anglo-Dutch steelmaker Corus Group with a takeover offer valuing the firm at £ 4.26 billion or about 4.4 percent more than what India's Tata had bid for earlier. 19 Nov 2006
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Corus, Arcelor deals different, says Tata Stressing that Tata-Corus deal is aimed at complementary opportunities, Tata group chairman Ratan Tata has dismissed rumors that they are preparing for a face-off with global steel tycoon L.N. Mittal. 13 Nov 2006
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Tata buys ritzy Boston hotel for $ 170 million The Tata-owned Indian Hotels Co. Ltd., operator of Taj Hotels Resorts and Palaces, a unit of Tata Group conglomerate, has entered into a definitive agreement to purchase the landmark Ritz-Carlton Boston Hotel, once part of a hotel chain that engendered the word 'ritzy' to denote posh or fashionable, from Millennium Partners for $ 170 million. 13 Nov 2006
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Tata-Corus deal an Indian pride but much to do For India, Tata Steel's £ 4.3 billion ($ 8.04 billion) bid for Europe’s second largest steelmaker Corus Group Plc. is more than just a corporate takeover, it is a matter of national pride. 27 Oct 2006
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Tatas to buy Corus steel group for £ 4.3 billion India's largest private steel producer, the Tata group is beaming. Its recent efforts in acquiring London-based Anglo-Dutch steelmaker, Corus PLC finally bore fruit when board members of Europe's second largest steelmaker, Friday, okayed Tata Steel's bid at 455 pence/share, or at £ 4.3 billion ($ 8.04 billion). 21 Oct 2006
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TRAI's suggestion to auction 3G spectrum miffs COAI The Telecom Regulatory Authority of India (TRAI) has recommended auctioning radio frequencies for 3G (third-generation) telecom services at a reserve price of Rs. 1,050 crore to companies seeking to offer nationwide high-speed Internet and streaming video, receiving flak from the Cellular Operators Association of India (COAI) which has accused it of favoring CDMA mobile operators and has also criticized the high base price of frequency. 11 Oct 2006
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Tatas to develop coal-based power project in Orissa Tata Power Company (TPC) has announced plans of investing around Rs. 9000 crore in two phases for developing a coal-based power project at Naraj Marthapur near Cuttack, Orissa. 11 Oct 2006
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Daewoo Electronics plays hard to get, Videocon edgy India's leading consumer goods manufacturer, Videocon, is within an arm's length to acquiring South Korea's third largest electronics company, Daewoo Electronics, but certain riders attached by the ailing company relating to its takeover may persuade the Indian company to give it a second thought. 19 Sep 2006
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Keep politics out of economic decisions, ADB urges Bangladesh The Asian Development Bank (ADB) has urged Bangladesh to consider the economic benefits of the $ 3 billion investment proposal by India's Tata Group, instead of putting it off due to political expediency. 12 Sep 2006
