
Rajasthan's 1,000 km of state highways to transform connectivity

Tata Steel Seeks Rs 7.57 Billion Compensation for Cancelled Coal Block
Tata Steel has filed a petition in the Delhi High Court seeking compensation of ₹7.57 billion, along with interest, for the cancellation of the New Paratpara Coal Block in Odisha. The coal block, initially allocated to Bhushan Steel in 2006, was annulled by the Supreme Court in 2014 amid broader coal allocation irregularities. Tata Steel acquired Bhushan Steel through insolvency proceedings in 2018 and merged it in 2021. Under the Coal Mines (Special Provisions) Act, 2015, the company contends it is entitled to reimbursement for development expenses incurred prior to the cancellation. T..

Jio-BlackRock Gets SEBI Nod for Mutual Fund Launch
Jio BlackRock Asset Management, a 50:50 joint venture between Jio Financial Services and global investment firm BlackRock, has received approval from the Securities and Exchange Board of India (SEBI) to commence operations as an investment manager for mutual funds in India.The partnership aims to leverage Jio's extensive digital infrastructure and BlackRock's global investment expertise to offer a range of investment products tailored for both retail and institutional investors. A key differentiator will be the use of BlackRock's Aladdin platform, a renowned risk management and investment syst..

Tata-Airbus To Build India’s First Private Helicopter Plant
In a landmark step for India’s defence and aerospace sector, Tata Group and Airbus will establish the country’s first privately led helicopter assembly line in Karnataka. The facility will produce Airbus’s H125 civil helicopters and marks a significant milestone in Make in India efforts for indigenous manufacturing in aviation.This initiative follows the companies’ earlier collaboration on the C-295 military aircraft project and signals deepening ties between India’s largest conglomerate and the European aerospace major. The H125, known for its versatility across missions from passen..