Hindustan Motor's Uttarpara unit in West Bengal which was shut since April 11 due to labour unrest, reopened on Thursday following an agreement between company management and trade unions.
With the resignation of Uttam Bose as managing director and chief executive officer of HM last week, Moloy Chowdhury has been appointed as acting MD and CEO of the company, which owns assets at Uttarpara and Indore.
'The security guards at the stadium did not recognise him. He kept saying he was Zakir Hussain but they did not permit him to enter.' 'Zakir bhai was calm and told me it is not their fault. They were doing their job.'
The country's first ever carmaker, Hindustan Motors, is looking at a second coming. Talks are on for a joint venture with a European auto company focused on the electric vehicle (EV) space. A memorandum of understanding (MoU) has been signed and due diligence is expected to start shortly and will take 2-3 months to conclude.
Days after senior West Bengal minister Partha Chatterjee was arrested by the Enforcement Directorate in connection with the school recruitment scam, Chief Minister Mamata Banerjee on Wednesday slammed the media for allegedly launching a "malicious campaign" against her party.
The VRS notice was pasted on the gates of the company's Uttarpara unit by the management, which said all workers would be paid their statutory dues plus and additional amount of Rs 100,000 each.
Asian Games gold medallist and Olympian Tulsidas Balaram, part of Indian football's 'holy trinity' in the 1950s and 60s, passed away in Kolkata on Thursday after a prolonged illness, sources close to his family said.
State labour minister Purnendu Bose told PTI that the management did not turn up at the tripartite on Tuesday, but sought a bipartite meeting with the government.
The minister said that the government wanted to know HM management's intention with regard to the Uttarpara plant which employs nearly 2300 employees, including managerial staff.
Tulsidas Balaram, who passed into the ages last week, was a member of the Indian football team which reached the semis at the Olympics and won an Asian Games gold medal.
The bank got the share in lieu of repayment of loan.
Hindustan Motors Limited of the C K Birla group plans major diversification into the auto components sector, from its Uttarpara factory in West Bengal.
The company was also looking for a strategic investor for the revival of the Uttarpara plant.
Hindustan Motors Limited of C K Birla group will launch multi-utility vehicle manufactured at its Uttarpara plant in the state.
The company said it needed time to restructure the organisation and significantly reduce its liabilities.
The car is unforgettable for its low-maintenance, reliability, and space.
Hindustan Motors on May 24 declared suspension of work at this unit, popularly known as Hind Motor factory.
The company blames fund crunch, falling demand, accumulating liabilities.
The company has taken up an ambitious project to introduce a smaller version of the classic car.
However, a few defectors, who joined the BJP, got the better of their TMC rivals, including Suvendu Adhikari who emerged as a proverbial giant slayer, by defeating Chief Minister Mamata Banerjee albeit by a narrow margin.
Since work was suspended at the plant, worker unions have been on a sit-in protest.
The ruling TMC in West Bengal was rocked by a fresh bout of desertions on Friday with Banerjee quitting the party and several other leaders rallying behind him.
Hindustan Motors currently has two facilities one at Uttarpara in West Bengal and Tiruvallur plant in Tamil Nadu.
Boosted by its demand, sales jumped 166% in February. The firm is now planning a massive facelift for its cars to keep the momentum going.
A lump sum of Rs 100,000 has been offered under the VRS package.
None of the 2,600 workers had any clue about the suspension of work notice, put up on the gate of India's oldest automobile plant last Sunday.
The state transport department recently announced to give permit to 3,000 new taxis.
Declining sales and an inability to meet its capacity have hobbled the car maker.
Three men, with their faces covered, came on a motorcycle to her house in Konnanagar Jorapukur Ghat at 9 pm and started hurling bombs. They barged into the house, smashed a windowpane, damaged furniture, and abused and assaulted her, Bhattacharya said in her police complaint. The BJP leader said in her complaint that it was the handiwork of "anti-socials harboured by the TMC".
Days after two of the Reliance's ready-to-be launched stores were damaged by diverse political groups, one of the outlets at the Uttarpara area of the Hooghly district was covered with Trinamool flags and posters, with no signs of police protection.
Hindustan Motors of the CK Birla group today sprung a surprise by launching, what it claimed, the first Chinese vehicle in India.
Amidst reports of booth jamming and bomb throwing, an estimated 50% voters cast their ballots for the elections to the Kolkata Municipal Corporation and two other civic bodies till noon.
Outgoing Mayor and chief of the Paschimbanga Unnayan Congress Mancha Subrata Mukherjee has won in ward 87.
Hindustan Motors Limited, a C K Birla group company, on Sunday launched the LPG version of its Ambassador for the taxi and private car segments in the country.
Train services on Howrah-Bandel route have been restored.
Three workers of rivals Congress and Trinamool Congress were injured in an armed clash between the two parties at Murshidabad district headquarter town of Baharampur on Saturday.
C K Birla group company Hindustan Motors (HM) has drawn up plans for restructuring of the company which was suffering from poor cash flow due to lack of vehicle sales.
The decision reflected Birla's thinking that his stepping down would pave the way for the entry of strategic investors and allow for greater flexibility during discussions, the company said.
While the Trinamool government, led by Chief Minister Mamata Banerjee, tried its best to attract investors, including from Singapore, not much headway could be made.
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