Popular Articles

Ann Woolner: Wall Street 'corruption' might buy crooks a break
A federal judge implied this week he might go easy on two brokers convicted of securities fraud because they worked within a “culture of corruption".

Rajaratnam pleads not guilty to insider trading
Sri Lankan Tamil-origin billionaire Raj Rajaratnam has pleaded not guilty before a court here to running an insider trading scam that allegedly racked upto $21 million in profits, the biggest such case in the US.

News of the day

Aditya Birla Retail mulls IPO
Aditya Birla Retail, the country"s second-biggest supermarket operator, is considering an initial public offer (IPO) and will time it as soon as the company starts spinning profits.
Business Ideas

Bengal invites Mamata's rail coach proposal on Singur site

In yet another twist to the issue at Singur—the erstwhile Tata-Nano project site— the West Bengal government has written to the Railway Board, seeking a formal proposal for the rail coach factory on the site, mooted by Trinamool Congress leader and Railways Minister Mamata Banerjee. - Railways ups focus on Karnataka - Rlys" revenues beat estimates, register strong growth - CPI(M ) to launch campaign against Naxals - "Dr" Banerjee almost there - Kolkata auto part units search for green shoots - "Dr Mamata" gives tips on health Banerjee, prime opponent of the state government, had earlier led the eventually successful fight to stop the Nano project from coming up at Singur. She had insisted that land taken over from farmers who didn’t want to give it up had to be returned before anything was done on the site. The state government wouldn’t budge and Tata eventually abandoned the site. West Bengal’s chief secretary, Ashok Mohan Chakraborty, said: “On behalf of the state government, I have written to the Railway Board chairman yesterday, seeking details of the project.” Banerjee first mooted a rail coach factory in June at Singur, soon after becoming the railway minister. The Railway Board proposal comes on the heels of Bharat Heavy Electricals Ltd (BHEL) expressing its inability to put up a power project there on technical and viability grounds.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):