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
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.
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.
'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?'
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.
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 Left's decline is now a reality, both nationally and in West Bengal.'Behind it lie: Ideological rigidity and confusion, outdated party programmes...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.
The Institute of Company Secretaries of India is looking forward to expanding the conventional roles of chartered accountants to non-statutory areas like labour law audit and certification, secretarial audit of hotel and banking industries.
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.
Here are 10 things you need to know about veteran writer and activist Mahashweta Devi.
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.
As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.
"Every drop counts" - India's mantra for water conservation has multinationals banking on these three words to promote the culture of water management, especially those in the realm of food and beverages.
The much-awaited policy for mandatory rehabilitation of land owners displaced by industrial projects and SEZs might get delayed with the matter being referred to a Group of Ministers.
In 2006, the Left Front won the Assembly elections in West Bengal on the basis of its pro-industrialisation campaign led by Chief Minister Buddhadeb Bhattacharjee.
The state received robust investment announcements worth Rs 2,43,489 crore in calendar 2007. In calendar 2008, investments fell 63 per cent, to Rs 90,095 crore (Rs 900.95 billion). The general slowdown in economic growth, however, may also have played a part in Bengal's declining rank, given that many of its major investments were in such sectors as steel, real estate and power, all of which are current casualties of slowing demand.
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.
The empowered committee on GST headed by West Bengal finance minister Asim Dasgupta has agreed to a dual structure of the proposed indirect tax regime, which is likely to be introduced from April 2010. The new tax regime would do away with most of the indirect taxes levied at the Centre like excise and services tax, and VAT and Octroi at the State level.
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 Industries Ltd may have to scale down plans to open retail outlets in the country after facing protests in Uttar Pradesh and West Bengal, a company official hinted. "The unfavourable trends in these two states have limited our capability to expand the stores as per our original plan," Bijou Kurien, president and CEO of Reliance Lifestyle, said
More a lobbying group than a true union, association is a sign of changing times.
'The handling of the pandemic, under this totally constitutional and legal three-level dictatorship, has begun to show its downside,' observes Shekhar Gupta.
The turn out was extremely poor, with many stars choosing to pay their tributes on the social media instead.
Agri export zones need to be replaced by a structure capable of pursuing a more pro-active marketing strategy and social organisation to increase agricultural exports and deliver benefits back to farmers.
'We are bothered about the people's problems. The government forcefully and illegally occupied the land at Singur -- that's why we opposed the forceful occupation of the land,' said firebrand political leader Mamata Banerjee, who forced the Nano project to move out of Singur.
The Board of Approvals on Wednesday gave final clearance to 15 Special Economic Zones but deferred a decision on the Navi Mumbai zone promoted by Reliance Industries chief Mukesh Ambani and Anand Jain.
The 900-Mw Purulia Pumped Storage Project (PSPP), the biggest project of its kind in India is set to mitigate the peak power deficit in the country by utilising the low-cost excess power available during periods of low demand. It will also boost the industrial drive of Purulia district which is poised to witness operations of many steel projects in the coming years. The Rs 2,953 cr (Rs 29.53 billion) project is located in Ajodhya Hills in Bagmundi village of Purulia district.
The Maharashtra government has turned down Centre's proposal to scale down the size of Reliance Industries' Maha Mumbai Special Economic Zone
Within 24 hours of justifying the setting up industries, including special economic zones on agricultural land, Nobel Laureate Muhammad Yunus backtracked on Monday.
Maharashtra continues to remain the worst-affected state with 41,642 cases, followed by Tamil Nadu (13,967 cases), Gujarat (12,905 cases), and Delhi (11,659 cases).
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