'The untimely demise of Shri Cyrus Mistry is shocking. He was a promising business leader who believed in India's economic prowess,' Prime Minister Modi said in a tweet.
Kumar, a well-known economist and the author of several books, would succeed Amit Mitra, who has become the Finance Minister of West Bengal.
The mandate will help further the development agenda in these states, with good governance and policy reforms taking centrestage
The company has taken up an ambitious project to introduce a smaller version of the classic car.
The official also said that "re-polling will be held in booth no 126/5 in Sitalkuchi area" of the district, in view of the tragic incident.
Attendance in commercial organisations is very thin.
According to Mitra, items such as foodgrain, vegetables, leather goods, footwear, cottage cheese, puffed and flattened rice, books and entertainment tax, among several others, should be in the zero-tax bracket.
BJP state president Dilip Ghosh said efforts will be made to pacify the dissidents.
Talking to PTI Amarjeet Kaur, General Secretary of All India Trade Union Congress (AITUC), said, "The two-day nationwide strike by the joint forum of central trade unions has begun this morning". About the impact of the agitation, she said that the entire coal belt (mining area) is affected in Jharkhand, Chhattisgarh and Madhya Pradesh. She also said that there is a good response in industrial areas of Assam, Haryana, Delhi, West Bengal, Telangana, Kerala, Tamil Nadu, Karnataka, Bihar, Punjab, Rajasthan, Goa, Andhra Pradesh and Odisha. The AITUC official noted that the banks and insurance sectors are affected all over India, while steel and oil sectors are also seeing partial impact due to the strike. Kaur said that she has got preliminary reports that markets are closed in Odisha.
Here's a recap of events that occurred in India in the past 24 hours.
Amid confrontation between Tatas and the West Bengal government over the Singur issue, Plan panel member Arun Maira on Wednesday questioned the group's approach saying corporates should be careful in what sort of land is acquired and how it is converted for industrial purposes.
Talking to reporters at the accident site, he said the issue is of electric point machine, a vital device for railway signalling, and electronic interlocking.
Majority gram sabhas pass resolution to oppose SIR status to the area where Maruti's proposed unit is to come up.
West Bengal Chief Minister Mamata Banerjee on Wednesday said it was a 'moral victory' after the Supreme Court asked Tata Motors to make its stand clear on its leasehold rights on the land at Singur as it had moved its car plant out of the state.
There are instances -- both from national and state elections -- of economic under-performers being returned to power, and also of parties being thrown out despite good performance, observes T N Ninan.
'Rahul Gandhi should have prevented Nitish Kumar from going.' 'He must pacify Mamata Banerjee if he has a cause of Mohabbat Ki Dukaan.' 'He should bring this Mohabbat Ki Dukaan on the political canvas.'
West Bengal Governor Gopal Krishna Gandhi on Thursday held a series of meetings with the state government and Trinamool Congress in the run up to Friday's crucial talks that could discuss a proposal for higher compensation for farmers whose land was acquired for the Tata Motors car project.
The managing directors -- Rana Sinha of Tata Hitachi Construction Machinery Company, Dibyendu Bose of TM International Logistics Limited, Sandipan Chakravortty of Tata Steel Processing and Distribution Limited, Viresh Oberoi of mjunction, and Sanjiv Paul of Tata Metaliks -- met at Nabanna, the makeshift state secretariat. Finance and industry minister, Amit Mitra, was also present.
Septuagenarian cinestar Biswajeet will make his political and electoral debut by contesting from South Delhi constituency on a Trinamool Congress ticket.
Facing a deepening slowdown, the auto sector is pinning hopes on the GST Council meeting on September 20 for a rate cut from 28 per cent to 18 per cent. However, states including Bihar, West Bengal, Kerala, and Punjab are of the view that the slowdown in the auto sector is not because of the GST rate but structural issues in the economy.
Bankers of HPL too have endorsed the idea and are pitching hard for the chairmanship of Chatterjee.
The Tata Motors team led by its Managing Director G Ravikant and accompanied by Karnataka Industry Minister Murugesh Nirani visited three places in and around the twin cities of Hubli-Dharwad in Karnataka. The Belur Industrial area, Mummiatti and another area around the airport near Hubli were the three sites which were offered by the government.
Trinamool Congress Legislature party on Monday formally nominated party leaders Biman Banerjee and Sonali Guha for the posts of speaker and deputy speaker respectively in West Bengal assembly.
Trinamool sources indicated that invitations had been extended to Tata Sons Chairman Ratan Tata and several senior executives of the Tata group.
He was confident of collecting tax revenue of Rs 31,000 crore.
Former Bengal pace spearhead Ashoke Dinda, who is fighting from the Moyna constituency in Purba Medinipur district, said the BJP desperately wants BCCI chief Sourav Ganguly to join the party.
BJP state president Rahul Sinha said that he had sought the intervention of Governor M K Narayanan to organise a tripartite meeting with Centre, state government and the Tatas.
Jyoti Basu, the 95-year-old communist, has lost touch with many of his comrades. But this morning the former chief minister of West Bengal did not forget to call his favourite Congressman to say, "Happy Birthday!"
When minister of state for industries Saurabh Patel announced on Monday the new industrial policy in a press conference, there were a flurry of questions pertaining to the incentives given to the Tata's car project, which was relocated from Singur in West Bengal to Sanand near Ahmedabad.
He will succeed Kerala Finance Minister K M Mani.
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.
Marwari businessmen of Kolkata are a worried lot under Mamata Banerjee's rule.
The bulk of states' revenue comes from the devolution from the Centre's divisible tax pool, GST, VAT on petroleum, and excise duty on alcohol.
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.
Sources in various parties suggest that two lakh votes of the Patel community, locally known as OBC kurmi, for which mother-daughter led Apna Dal (S) and Apna Dal (K) are competing and over one lakh of OBC Rajbhars would be crucial in deciding the outcome of the assembly seats in Varanasi.
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.
2020 has dimmed the animated bulbs that create magical images and transform Kolkata into a mesmerising fairyland during Durga Puja.
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.
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.
