The Nitish Kumar government in Bihar came under fresh attack on Monday from state Bharatiya Janata Party president Sanjay Jaiswal whose party seems annoyed with junior ally Janata Dal-United's shrill demands for special assistance from the Centre.
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.
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.
Finance Minister Pranab Mukherjee will start the customary pre-budget consultations with different interest groups like captains of industry, economists, agriculturists and bankers next week.
The study found out that in terms of tourism budget, Jharkhand ranks the highest with Rs 160 crore, compared to West Bengal's Rs 31 crore (Rs 310 million), Orissa Rs 44 crore (Rs 440 million), Bihar Rs 25 crore and Chattisgarh Rs 50 crore (Rs 500 million).
President A P J Abdul Kalam asked the Indian IT industry on Wednesday to focus more on high end products while projecting that the market for information, communications and technology would touch $200 billion by the year 2010.
Claiming that the northern state was a safer zone for industries, which did not discriminate in the name of caste or religion, and had, in fact, registered a growth rate of 9.9 per cent during 2009-10, the state chief minister called for greater participation of private players.
The government may claim planted trees compensate for forests lost, but that does not mean complex flora and fauna destroyed have been restored, points out Himadri Ghosh.
With the commissioning of the 2,000 MW Tala hydel power project scheduled for July 2006, Bhutan is all set to start exporting 2,500 MW power to India by the year end, Bhutan ambassador to India Lyonpo Dago Tshering said on Monday.
Banerjee urged President Pranab Mukherjee to "save" the people of the country from the hardship caused by demonetisation and the resultant cash crisis
Industry at Haldia, a major port and commercial hub, has been caught in the middle of this power transition. Consider this: RPG's power utility, CESC, is unable to erect evacuation towers due to land issues and the third phase of its ongoing expansion of 250 Mw has already been delayed by seven-eight months.
The company on Tuesday challenged before the court the RTI commissioner's competence to deal with the matter, with its counsel submitting before Justice Dipankar Dutta that the Right to Information Act was not applicable in case of an agreement involving industrial secrets. Justice Dutta has scheduled the matter for hearing on Friday.
Chairman Emeritus of Tata Sons Ratan Tata said shifting the Nano car plant from Singur in West Bengal was a prudent move in hindsight but gave the group a high negative cost.
Nandigram remained in headlines throughout the year despite the West Bengal government cancelling the SEZ project of Indonesia's Salem Group in January following violence and political pressure on Chief Minister Buddhadeb Bhattacharjee.
Tata Motors on Wednesday inaugurated the world's cheapest car, the Nano's, manufacturing facility here, nearly two years after it was forced to shift the plant out of West Bengal over a land row.
'General Anil Chauhan ticks all the right boxes as the new chief of defence staff.'
Seven states account for 80 per cent of the total hazardous waste in the country with Gujarat topping the list followed by Maharashtra and Andhra Pradesh.
Over five million man-days were lost last year due to strikes and lockouts in the country, while 61 units were closed down affecting around 2200 workers, an official report has said.
Kolkata-based Webel Mediatronics Ltd - a subsidiary of West Bengal Electronic Industry Development Corporation Limited, is planning to start manufacturing and designing motorised wheelchair and digital hearing aid
Nasscom president Kiran Karnik on Wednesday urged the West Bengal government to keep politics out of the IT industry and find new IT destinations in the districts of the state.
Infosys Technologies Ltd has agreed in principle to set up a software development centre in Kolkata, West Bengal Chief Minister Buddhadev Bhattacharjee said on Friday.
In a jolt to the Communist Party of India-Marxist-led Left Front in West Bengal, Trinamool Congress defeated its candidates in trouble-torn Nandigram in the three-tier panchayat elections. The front also faced rout in three zilla parishad seats in Singur to Trinamool Congress candidates. The polls are seen as a litmus test for the Buddhadeb Bhattacherjee government's farmland acquisition policy for industries.
Talking about the much-debated issue of land acquisition, Sen said industry bodies were in favour of direct purchase of land from the owners and state governments to be mere facilitators.
The session will commence with the maiden address of President Droupadi Murmu to the joint sitting of both Houses of Parliament. The address essentially highlights the government's achievements and policy priorities.
'Now that there is an election in the offing, she is repeating the same old promises. Does she think the people of Bengal are fools to fall for her lies?'
The Trinamool will be as vulnerable to traders' blandishments as the CPI(M) is.
Speaking on the inaugural session of the 22nd Industrial India Trade Fair, Bhattacharya said, "We are in a grave economic crisis and developed countries of US and economies of EU are in doldrums and nobody knows when the situation will stabilise.
'The handling of the pandemic, under this totally constitutional and legal three-level dictatorship, has begun to show its downside,' observes Shekhar Gupta.
'The Left's decline is now a reality, both nationally and in West Bengal.'Behind it lie: Ideological rigidity and confusion, outdated party programmes... a socially conservative upper-caste leadership,' says Praful Bidwai.
With recession threat looming large, Indian corporate houses may be forced to rethink their projects, which have been stalled following problems in land acquisitions, industry analysts said.
The Energy Efficiency and Renewable Energy (EERE), US Department of Energy, is in talks with several Indian government departments for creating a bio-mass roadmap for India similar to the one being planned with China.
"The chief minister has written to Tata requesting him to restart work at the Nano plant at Singur," Industry Minister Nirupam Sen told reporters in Kolkata. In his letter, Bhattacharjee promised to extend all help and cooperation to the Tatas. On speculation that the Tatas might shift their project from the state, Sen said the company had not yet taken the decision.
Here are 10 things you need to know about veteran writer and activist Mahashweta Devi.
As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.
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