Bs Reporter / Kolkata September 17, 2008, 1:03 IST

The Liberian government has decided to disqualify Tata Steel from a relaunched bid for the $1.5-billion Western Cluster Iron Ore Deposits on grounds of

NANO GETS A STATE WELCOME
S Kalyana Ramanathan & Dilip Kumar Satapathy / Chennai/bhubaneshwar September 4, 2008, 0:28 IST

Tata Motors' Singur debacle is not the first of its kind for the $60 billion group that is often referred to as 'nation builders'.

When Tata Motors announced late last evening that it was suspending work at Singur and looking for alternate locations to make the Nano car, it added one more to a long list of projects suspended mostly due to differences with one government or another.

Q1 PREVIEW Ishita Ayan Dutt / Kolkata July 9, 2008, 0:14 IST The first quarter of the current fiscal is likely to be a mixed bag for the steel industry, which was asked to cut prices by the government as part of the steps to contain inflation. Integrated steel makers such as Tata Steel, which have captive raw materials, may post better results than its peers because it was able to absorb a part of the cost increase in raw materials.

Anupama Airy Country's top corporate houses including the Tatas, Mukesh Ambani-controlled Reliance Group, the Jindals along with the Adani Group and others will now have to compete and outbid each other to secure rights for a cluster of coal blocks

Members of the World Conservation Union (iucn) are sharply divided over the eco-friendliness of the port coming up at the mouth of river Dhamra in Orissa's Bhadrak district. The huge port is a joint

The project has got all environmental clearances, says CEO On course: Mr Santosh K. Mohapatra, CEO, Dhamra Port Company Ltd, addressing a press conference in Mumbai on Monday.

The Dhamra Port project (Orissa), a 50:50joint venture (JV) between Larsen and Tourbo (L&T) and Tata Steel, has completed its first phase of construction and will be complete-lyoperationalby2010. Santosh Mohapatra, CEO, Dhamra Por tCompany,said at a media briefing here, "The port, whose project cost is estimated to be around Rs2,463 crore, has completed more than 25% of its construction work and is scheduled to become operational by April2010."

CROSSING OVER: A little girl in Rajasthan goes to a state school supported by Mahindra & Mahindra

After Tata Steel, Essar Steel is likely to join the race for Brazilian miner and steelmaker CSN's Nacionale Minerios (Namisa), a fully integrated iron ore company, Sources close to the development said Goldman Sachs has approached Essar with the acquisition proposal and the company was considering it. Goldman Sachs, which advised CSN during the takeover battle for Anglo-Dutch steel company Corus with Tata Steel last year, has been retained as its financial advisor for Namisa.

For the average Indian, Tata stands for ethics, responsibility and environmental consciousness. As a corporate, Tata Steel boasts of a stringent code of environmental conduct. However, there are paradoxes galore in Tata's social and environmental record, including its ventures in Kalinga Nagar, Singur, Sukhinda, Mithapur and Bhopal. The port at Dhamra, a joint venture between Tata Steel and Larsen &Toubro, will be the latest in that list unless the company puts its environmental theory into practice before it is too late.