With the Indian car market growing at the rate of 30 per cent no car maker wants to miss the opportunity.
As Buddhadeb Bhattacharjee steps into his 10th year as Bengal chief minister, here is a low down on his track record at the helm.
Mamata said she wanted 600 acres of land for the proposed rail coach factory.
This time over BHEL's power project proposal.
"Railways has received a request from the government of West Bengal to set up a coach factory in Singur," Banerjee said while presenting the rail budget for 2010-11 in Parliament.
Having been outwitted by Trinamool Congress' Mamata Banerjee after she sent the Tata Nano car project packing from West Bengal by demanding that land be returned to unwilling farmers, the Communist Party of India-Marxist is getting ready to do a Singur on Banerjee.
Battered and bruised by the slowdown, real estate developers have done a mid-course strategy correction and begun to offer low-cost and affordable houses.
The product is currently undergoing testing at the Tata Motors European Technical Centre, the company's research and development outfit in UK, and at the Engineering Research Centre at Pune.
'An influencer is expected to have upwards of 100,000 followers across various social media platforms of YouTube, Instagram, Facebook, Twitter etc,' points out brand strategist Ambi Parameswaran, founder, Brand-Building.com.
At the helm of India's most enterprising ministry, Mamata Banerjee promises the best service from the Indian Railways.
Ray Kurzweil, known to have predicted future technologies decades ahead has written in The Sun, 'I and many other scientists now believe that in around 20 years we will have the means to re-programme our bodies' stone-age software so we can halt, then reverse, ageing. Then nano-technology will let us live for ever.'
Tata, who turned 72 last month, will stay in office till 2012.
Tata group chairman Ratan Tata on Tuesday virtually ruled out any investment in Singur and said the company would gladly return the land if compensated.
At a time when Indians are still drooling over Tata's Rs 1-lakh (Rs 100,000) wonder Nano, a bicycle from Firefox, costing more than two times the small car will make its debut at the upcoming Auto Expo in New Delhi.
Since September-October last year, when the real estate market was in deep recession, several developers had started offering gifts like a car or a parking space with flats. For example, Kolkata-based real estate developer RDB Group had decided to give a Nano car with flats at its residential project in Sonarpur, South 24-Parganas.
The environment minister doesn't focus on India needing more roads to ensure the Nano brings mobility to millions.
The Tata group has done yet another Nano -- this time in the water purifier segment. Group company Tata Chemicals on Monday launched a compact water purifier, called 'Swach', which means clean in Hindi.
The BSE Midcap and Smallcap indices underperformed the largecaps and ended over 1% lower.
After deciding to withdraw the Nano project from Singur in West Bengal in October last year, Tata Motors has sought 10 months time from West Bengal Industrial Development Corporation to remove the equipment.
Karl Slym, president and managing director of General Motors India Private Limited, said the company would launch Chevrolet Cruze, its new offering in the Chevrolet Spark segment, by third quarter of its financial year ended December 2009. Slym added, "The car will be priced similar to Chevrolet Spark. As far as the minicar is concerned, we are not competing with Tata Motors' Nano, which is a different segment."
"There was an unprecedented traffic flow of around 40 million and the website crashed for sometime. It was restored later," sources told Business Standard. A company spokesperson also confirmed the development, but added that the website was immediately restored. The website had put up information on Tata Nano, the application forms for booking, financing details, dealer locations and pictures of the car on its website.
The project was expected to create employment in excess of 10,000 jobs among vendors and service providers in the vicinity of the plant. When Tata Motors announced the small car project in May 2006, it promised to employ 2,000 people directly initially.
In the midst of huge job losses as a fallout of the coronavirus pandemic, Tamil Nadu Chief Minister Edappadi K Palaniswami has signed 17 MoUs for an investment of Rs 15,100 crores that aim to provide 47,100 jobs. But a clearer picture on where the projects stand will emerge only after the Covid-19 induced fear psychosis ends, to see if popular protests will derail them like they have done so many others, says N Sathiya Moorthy.
Maruti, Hyundai & Mahindra together had 72.5% market share in year's first half.
A year later, land prices are less than half the peak levels of Rs 20 lakh an acre.
Prime Minister Manmohan Singh on Monday told defence scientists to speed up work on advanced technologies like hypersonic propulsions, unmanned vehicles and stealth machines to keep pace with current trends in warfare. Stressing that self-reliance and defence preparedness was not a case of numbers or percentages, the PM, addressing a Technology Day function, said scientists should clearly define strategic and critical areas in which development of national capability is must.
NRI businessman Prasoon Mukherjee, chairman, Universal Success Enterprises, said that the West Bengal chief minister, Buddhadeb Bhattacharjee was briefed about the status of the projects in the state. Universal Success is also investing in the projects. The main projects were the housing project under Kolkata West International City, the chemical hub of NKID, the power project of Universal Success and the motorcycle project to be undertaken by Mahabharat Motors.
The ultra low cost car (ULC), which will be competing with Tata Nano, aims to better the mileage of 23.6 km/lt, given by the world's cheapest car from the stable of Tata Motors.
The agency, which has downgraded Asian auto majors like Toyota, Honda and Hyundai... said the current downturn will continue for the next three-four years and companies in the continent would look at delaying expansion projects and shutting down plants.
Releasing a report on manufacturing sector in India, Venugopal Dhoot, promoter of Videocon and past president of Assocham, said state governments should restrict their roles only to infrastructure-related issues and manufacturers should themselves talk to farmers on land acquisitions. He said the formula of employment, equity and money should be used to compensate farmers and if they wanted land for land, they should be given that.
Last year it was the transfer of Nano project and this year it is the scrapping of the IT park. Bengal's pre-Puja economic scene turned gloomy once again this time with the West Bengal government deciding to give up the ambitious information technology township plan at Rajarhat in Greater Kolkata.
A vendor said that Tata Motors had sent a mail that a meeting with the West Bengal commerce and industry secretary was scheduled for Thursday. Industry Secretary Sabyasachi Sen was not available for comment. However, WBIDC's public relations agency said that Sen had not sent any mail to vendors.
Asian silver medallist T Nano Singh lifted spirits in the Indian camp after scoring a thumping 21-6 victory over Mamishzade Elvin of Azerbaijan in the first round of the 48kg at the World Boxing Championships in Milan, Italy.
What is meant by Mamata's land bank? Will it be effecetive? How far will it be successful in solving the problem of land acquisition that plagues West Bengal?
Bullish on huge profitability and deep pockets, Corporate India started 2008 with an aim to conquer the world and pocket global firms, but ended with blues caused by bitter controversies, be it Tata's Nano, ICICI Bank share debacle, Satyam fiasco or Ambani vs Ambani battle.
It seems like after Tata Nano, Maruti Cervo and Bajaj-Renault-Nissan's ultra-low-cost car plans it's Toyota's turn to bring out a product for the entry level segment.
The Government of India's Department of Biotechnology offers Assocatiateship for Young Scientists 2007-2008
'We want to make Bengal an automobile hub.'
After launching the Nano early this week, the country's leading truck and bus maker, Tata Motors, is now looking to set up a truck manufacturing plant in Myanmar with support from the Indian government in the form of financial participation.
Medical science would also derive huge benefits from use of nanotechnology as detection and treatment of serious diseases like Aids and cancer would be easier. With increasing importance of power generation through non-conventional energy sources, Nano technology would be of great help as it could considerably increase the capacity of photovoltaic cells -- to generate electricity by solar power.
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