Page 3 - Tata Projects

TATA Projects appoints Vinayak Pai as MD, to succeed Vinayak Deshpande

TATA Projects on Thursday said it has appointed Vinayak Pai as its Managing Director

Tata Communications net profit jumps 84% to Rs 544 cr in June quarter

Tata Communications on Wednesday posted an increase of 83.63 per cent in consolidated profit to Rs 543.76 crore in the June quarter. The company had reported a profit of Rs 296.11 crore in the same period a year ago, it said in a regulatory filing. "We delivered profitable data revenue growth as a result of disciplined execution, portfolio enhancements and deeper customer engagements. We continue to closely monitor and overcome the OEM and Supply Chain challenges. "We are pleased with the healthy growth in the order booking and funnel additions across our portfolio, both in India and international markets," Tata Communications Managing Director and CEO A S Lakshminarayanan said in a statement. The consolidated income from operations of Tata Communications grew by 5 per cent to Rs 4,310.52 crore during the reported quarter from Rs 4,102.79 crore in the year-ago period. "We continue to maintain our focus on operational efficiencies and balance sheet hygiene which is reflected in our

NSE co-location case: CBI opposes bail plea by former GOO Anand Subramanian

The CBI has arrested Executive Director of Power Grid Corporation of India B S Jha and five officials of Tata Projects, including its Executive VP Deshraj Pathak and Assistant VP R N Singh.

Will continue to look for acquisition opportunities: Tata Consumer chairman

Tata Consumer Products Ltd will continue to look for the right acquisition opportunities in different categories to fuel its growth, the company's chairman N Chandrasekaran said on Monday. Responding to shareholders' queries in the annual general meeting of the company, Chandrasekaran, who is also the chairman of Tata Sons -- the holding firm of the Tata group -- said TCPL (Tata Consumer Products Ltd) would focus on leveraging its product portfolio, expanding distribution and product innovation and entering new categories, while supporting both organic and inorganic growth opportunities in future. "We also believe in inorganic expansion and yes inorganic expansion is one of the key strategies for the company. The cash in the company will be used definitely for the right inorganic growth opportunities," he said. Replying to another query on whether there is going to be acquisition in the water segment, Chandrasekaran said, "Yes, we will continue to look for any expansion opportunitie

Domestic to int'l transfer to take less than an hour at Noida airport: CEO

Airport's design will offer mixed rotation, which will allow aircraft to handle domestic & int'l passengers from same bay, says CEO

Tata Projects scales its way up the infra ladder one brick at a time

Noida airport latest in a series of assignments bagged by the company in recent years

Tata Projects wins bid to build Jewar Airport, beats SP Group and L&T

Betters SP Group, L&T on quality and cost-based selection criteria

Tata Projects to build Noida International Airport; pips L&T, Shapoorji

Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at Noida International Airport

SJVN inks pact with Tata Power Solar Systems for 1,000 MW solar project

State-owned SJVN Ltd on Thursday inked a pact with Tata Power Solar Systems to build a 1,000 MW solar project worth Rs 5,500 crore in Bikaner, Rajasthan. "SJVN today entered into an EPC agreement for 1,000 MW solar project in Bikaner, Rajasthan with M/s Tata Power Solar Systems Ltd," a company statement said. The contract agreement was signed in the presence of Nand Lal Sharma, Chairman and Managing Director of SJVN by Chief General Manager (ECD), SJVN S K Sood, and Vepul Jain, Chief - Business Development, Tata Power Solar Systems Ltd. Sharma said this Rs 5,500 crore-EPC contract is the country's biggest solar contract awarded till date. The contract includes end-to-end delivery of commissioned solar plant to SJVN including arrangement of land on outright purchase basis, power evacuation system up to the ISTS (inter-state transmission system) sub station, and operation and maintenance of the solar PV plant for three years. SJVN had secured this 1,000 MW solar project through CPSU

Tata Projects shortlisted for Noida International Airport construction

Tata Projects is executing critical road, rail, and metro projects in the country. It has also been selected for the construction of the new parliament building in Delhi

Grundfos signs MoU with TATA Projects for projects in environment, water

The MoU with TATA Projects would be done through cooperation and joint ventures in technology, identification of market and joint business development.

Tata Projects wins Rs 2,100 cr Chennai Peripheral Ring Road Project phase-1

The contract is for building 26 structure and must be completed in three years

Failure of Ludhiana LED project will dissuade private participants: Tata

Tata Projects Limited said on Monday that the failure of the LED project in Ludhiana will dissuade private participants in future public-private partnership (PPP) projects

Tata Consumer Products' net profit falls 42% to Rs 200 cr in June quarter

Tata Consumer Products Ltd (TCPL) on Tuesday reported a decline of 42.05 per cent in consolidated net profit to Rs 200.24 crore for the first quarter ended June 2021

Tata Projects secures Rs 2,000 crore order from Chennai Metro Rail

Tata Projects has won an order from the Chennai Metro Rail to build a nine-kilometre underground stretch with four stations for an estimated cost of Rs 1,999 crore. The project is part of the phase 2/corridor 3 of the Chennai metro and falls between Venugopal Nagar and Kellys Station, the company said on Wednesday without revealing the order value. A source at the company said the project is for Rs 1,999 crore. The work involves construction of the nine-kilometre twin bored tunnels, totalling 18 kilometres, from Venugopal Nagar to Kellys Station. The work has to be completed in four years. It also involves construction of the diaphragm walls of the station box and entry/exit structures of the Madhavaram Milk Colony, Murari Hospital, Ayanavaram and Purasaiwakkam High Road stations, including launching and retrieval shafts as required at these stations. Raman Kapil, vice-president and head of metros & tunnels business unit at Tata Projects, said they have received the letter of ...

Tata Projects aims to close FY21 with a top line of Rs 12,000 crore

Himanshu Chaturvedi, chief strategy officer at Tata Projects, told Business Standard the firm was expected to close the financial year with an order book of Rs 55,000-60,000 crore

Tata Projects eyes Rs 12,000 cr top line, Rs 55,000 cr orders by fiscal end

Interested in Dedicated Freight Corridor monetisation proposal in Budget; expects steel prices to soften over next few months

IIT Delhi students get nearly 1,000 offers in phase 1 of placement season

More than 20 selections for international profiles have been confirmed up to now

PM Modi set to inaugurate Eastern Dedicated Freight Corridor today

Prime Minister Narendra Modi will inaugurate the 'New Bhaupur-New Khurja section' of Eastern Dedicated Freight Corridor (EDFC) on December 29, 2020 at 11 AM via video conferencing

SP Group withdraws letters alleging irregularities in new Parl building bid

In a letter to the Central Public Works Department (CPWD), the SP Group said it will not pursue the matter any further