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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
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Tata's $ 3 billion Bangladesh project suspended; local media vent fury India's biggest business conglomerate, the Tata group has indefinitely suspended work on its $ 3 billion investment plan in Bangladesh because of frustrating delays by the Bangladeshi government in approving the proposal. 12 Sep 2006
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Tatas to invest $ 26 billion in 3 years India's leading business conglomerate has announced its plans of investing Rs. 120,000 crore ($ 26 billion) in the next three to five years in telecommunications, steel, chemicals, power and other industries. 05 Sep 2006
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Tata buys stake in Energy Brands for $ 677 million India's leading business conglomerate, the Tata Group, has purchased a 30 percent stake in Energy Brands Inc. (EBI), maker of fast-growing brand Glaceau vitaminwater, for $ 677 million, in an attempt to capitalize on the fast growing 'enhanced water' market driven by health and fitness-conscious consumers, strengthen its presence in the U.S. and provide opportunities for global growth of its drinks business. 30 Aug 2006
GSM, CDMA operators at loggerheads over spectrum policy GSM and CDMA operators have voiced different opinions over the allocation of particular frequency for third generation (3G) telecom mobile services, at an open house conducted by telecom regulator TRAI. 16 Aug 2006
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Investment Commission sets $ 15 billion FDI target by 2007-08, wants 49 percent FDI in retail The Investment Commission headed by Tata group chairman, Ratan Tata, has set a $ 15 billion foreign direct investment (FDI) target by 2007-08 and suggested that the government allow 49 percent FDI in retail, contract labour in all areas and automatic route for all investments within the sectoral cap. 11 Aug 2006
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Tata's 'people's car' to roll out by 2008 The much awaited $ 2000 (Rs. 1 lakh) "people's car," envisaged by Tata Motors, will be launched in early 2008, rolling out from 3-4 manufacturing units, Ratan Tata, chief of Tata Group, said. 11 Aug 2006