Titan was set up in 1984 as a joint venture between the Tata group and a state govt. While the Tatas own 25.02% stake, the state govt owns 27.88% stake in the company.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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