Marwari businessmen of Kolkata are a worried lot under Mamata Banerjee's rule.
Mother plant apart, the project involved 54 ancillary units, which meant enormous employment potential. People would have had the experience of seeing a modern industry.
On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.
Last year, Ashok Das, a farmer-cum-fisherman from the small industrial town of Rishra in the Hooghly district of West Bengal, had promised his younger son a branded television.
Manipur Chief Minister N Biren Singh on Monday said that a police case has been filed on the basis of a complaint against the president and three members of the Editors Guild of India (EGI) for a report critiquing media coverage out of Manipur, and accused them of trying to "provoke clashes" in the state.
Efforts are on to convince West Bengal Chief Minister and Trinamool Congress chief Mamata Banerjee to support FDI in multi-brand retail which is coming up for consideration of the Union Cabinet on Thursday evening.
In a telephonic conversation, Mitra explains to Namrata Acharya how the state is reeling under a huge debt, a 'legacy' of the Left government.
Appearing for West Bengal government's industries department, senior counsel Kalyan Banerjee claimed before the division bench that it did not have jurisdiction to hear the case.
Factories are shutting down owing to a shortage of labour and raw materials, and a lack of logistical support amid the ongoing nationwide lockdown against the coronavirus pandemic.
The local people of Singur in West Bengal have assured Indian automobile major Tata Motors of full cooperation for setting up a plant, prompting the industrial giant to consider meeting the representatives in this regard.
'Having consumed thousands of the sickly sweet chenna globes of varying textures over the years, I must demur,' says Uttaran Das Gupta.
The project at Salboni was welcomed by people and political parties alike, manifested by festoons welcoming Sajjan Jindal from all parties along the road leading to the site. Jindal complemented the mood at the ceremony with his farmer-friendly speech. "Industry and agriculture go hand-in-hand. My father, O P Jindal, was a farmer and he told all his sons that no wrong must be done to farmers," he said.
In 2011, the Trinamool manifesto had said, the government would not allow SEZs in West Bengal, to protect multi-crop lands.
Union Finance Minister Nirmala Sitharaman on Tuesday said the mass consumption items such as pulses, wheat, rice, flour, and curd will not attract the 5 per cent goods and services tax (GST) when sold loose, and not pre-packed or pre-labelled. The clarification came amid protests and widespread criticism by Opposition Members of Parliament over foisting GST on daily-use essentials and subsequent price rise. The all-powerful GST Council, chaired by the Union minister, had last month decided to impose GST on some mass consumption items to simplify the rate structure, which came into effect on Monday.
Ten central trade unions except Bharatiya Mazdoor Sangh are observing one-day general strike on Thursday to protest against various government policies.
A foreign visitor to the city agreed, but with a note of caution. "West Bengal as an investment destination remains to be first on the list for the Australian mining companies as this state is rich in minerals," said John McCarthy, Australian High Commissioner to India, in Kolkata to attend a seminar.
Videocon Industries Chairman and Managing Director Venugopal Dhoot told Business Standard the company had already started production of PCs -- 3,000 a month -- at its Taratola facility in Kolkata.
The industry body Ficci, whose Secretary General Amit Mitra is among the winning Trinamool Congress (TMC) candidates in West Bengal elections, on Friday described the TMC victory as "historic".
The railways is collaborating with various companies from Germany, South Korea, Japan and China to work out the fine prints.
The total investment - by Tata Motors and its vendors - in the Rs 1 lakh car project is Rs 3,700 crore (Rs 37 billion). The West Bengal government on Thursday disclosed that the investment in the vendor park would be around Rs 2,200 crore (Rs 22 billion).
Almost 70 per cent of alcohol distribution in India happens through liquor vends or shops, while 30 per cent happens on-premise, that is, in bars, pubs, and hotels.
Bowing to pressure, the finance ministry may give industry relief from some of the new levies proposed in the Budget.
): Tea exporters in Siliguri in West Bengal are upbeat thanks to the new provision bringing the tea industry under the Vishesh Krishi Upaj Yojana in the new foreign trade policy.
Former Uttar Pradesh chief minister late Kalyan Singh, often termed as a Hindutva icon, and actor Victor Banerjee were among the 65 distinguished personalities who were conferred with Padma awards by President Ram Nath Kovind on Monday.
Railway officials also indicated that possible 'sabotage' and tampering with the electronic interlocking system, which detects the presence of trains, led to the Friday accident.
Farmers to whom the lands belong complain that they have been caught unaware by the acquisition process.
'In this election -- her first major one since wresting power from the Left -- Mamata has proved that she has simply maintained the Left's systemic status quo by ensuring that she implements the CPI-M method of election and result 'management', says Dr Anirban Ganguly.
The Indian industry on Wednesday offered to play the peacemaker in the land row in West Bengal, parts of which have been witnessing violent protests by farmers against acquisition of land for industrial purposes.
Left-affiliated trade unions on Thursday enforced a nationwide day-long general strike to protest the 'anti-people' economic and labour policies of the United Progressive Alliance government.
New Delhi's timing couldn't have been worse, both for India's fledgling electric vehicle (EV) sector and prospective electric bike buyers. It was hard to miss the perfect storm brewing for India's EV industry since early 2022. On one hand, you had several accidents involving battery fires that unnerved consumers; on the other, uncertainty had crept in over subsidies.
Reliance Jio is close to finalising its contract with telecom gear maker Ericsson to roll out its 5G network in Mumbai and Maharashtra and Kolkata and West Bengal in the first phase of its launch in October. And it is going with Nokia for the lucrative Delhi circle, and Chennai, which includes Tamil Nadu, say sources aware of the development. This is the first time that Jio is opting for multiple vendors.
Whenever people think of India, they will think of Ficci as a place they could go to facilitate investment, says Rajiv Kumar.
XPS Ltd, a subsidiary of Transport Corporation of India, engaged in providing logistics to perishable commodities, is developing a temperature controlled packaging unit for the food processing industry.
According to a source, banks have decided to infuse funds after Purnendu Chatterjee, chairman of The Chatterjee Group, agreed to invest Rs 100 crore (Rs 1 billion) as margin amount into the ailing plant.
West Bengal's Left Front government is working on a proposal to find a solution to the stand-off over acquisition of land in Singur for Tata Motors' car plant, veteran CPI-M leader Jyoti Basu said on Friday.
When land was allotted to PSUs in the past, care was taken to ensure this was wasteland - it makes sense to do the same for private industry today.
From cricket great Sachin Tendulkar to renowned actor Ajay Devgn, Twitter was flooded with messages that relived fond memories associated with PK Banerjee, whose name goes well beyond the sport he played.
He said throughout India the "name of Sonachura and Nandigram will be uttered whenever people will talk about brutalities committed by a state government."
The Board of approval in the commerce ministry took these decisions along with approving two fresh proposals of Shyam Steel Industries and Limitless Properties in West Bengal and Tamil Nadu, respectively. The BoA also ratified extension of time to 23 developers, including Satyam Computer Services, for implementing tax-free enclaves in the wake of economic slowdown.
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