Tata enters low-cost housing segment; launches Shubh-Griha project in Mumbai
After taking the middle-class by "Nano" storm, the Tatas are set to work their magic in the housing sector. Tata Housing Development Company has come up with a "Shubh-Griha" scheme to provide low-cost houses, priced between Rs 3.9 lakh to Rs 6.7 lakh, for people in Mumbai.

Earlier in January, Maharashtra Housing Area Development Authority (MHADA), which was set up to provide...

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  • Be Careful with Those Insurance Forms

    This tale of a senior citizen harassed by ICICI Pru holds lessons for others

    In our everyday transactions, most of us tend to trust agents and service providers to correctly fill out the details in application forms without worrying about being cheated. Sometimes, that trust could turn into an expensive mistake and against the rules too, as this case shows. Mr Narayana, 74 years old, was...

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  • L&T in joint venture with EADS to make defence electronics in India
    Engineering company Larsen & Toubro Ltd (L&T) said it formed a joint venture (jv) with an unit of European Aeronautic Defence and Space (EADS) to manufacture defence electronics in India. No financial details were provided.

    In a release to the Bombay Stock Exchange, Dr Stefan Zoller, chief executive, DS said: "EADS would like to move beyond just providing high technology sales...

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