Kolkata

Ratan Tata to meet Buddhadeb today

Ratan TataKolkata, Oct 3: Tata Group Chairman Ratan Tata will meet West Bengal Chief Minister Buddhadeb Bhattacharjee here today to discuss the company's 'Nano' car project in Singur which has run into rough weather after strong resistance from the Mamata Banerjee's Trinamool Congress over farmland acquisition issue.

According to sources, the meeting is scheduled to be held in the afternoon at the Writers' Buildings.

Work on the Tata's 'Nano' project has been suspended for nearly a month because of the protest by the Trinamool Congress.

''Nano'' makes its way to a makeshift tent in Kolkata

TATA NanoKolkata, Oct 2 : ''Nano Car'' that has been raising a lot of dust on the land allotted to the TATA''s at Singur, has found its way to a makeshift tent in Kolkata.

With the hugely popular five-day festival of ''Durga Puja'' just round the corner the organisers in Kolkata have come out with a unique idea to press their demand to let TATA''s continue at Sindur.

Durga Puja is the time when devotees flow in large numbers and offer prayers to the goddess of supreme power, Durga.

Theme based Pandals and magnificently designed idols form an integral part of the festival.

Areva T&D forms strategic partnership with GE Consumer

Areva T&D forms strategic partnership with GE ConsumerAreva T&D India, the Indian subsidiary of Areva France SA, has formed a strategic alliance with GE Consumer and Industrial, to focus on turnkey electrical solutions.

Under the arrangement, the alliance would focus on turnkey electrical solutions in the power generation, metals, mining, minerals and materials handling markets. The main aim of this latest tie-up is to provide one-stop solution for customer needs like power distribution, control and automation.

Hindus pray for salvation of their ancestors in Kolkata

Durga MaaKolkata, Sept 29 : Thousands of Hindus gathered on the banks of the Ganges river in Kolkata and prayed for the salvation of their ancestors on the occasion of ''Mahalya'' on Monday.

According to the Hindu almanac, ''Mahalaya'' marks the conclusion of ''Piter Paksha'', the fortnight during which people hold special religious rituals for the deceased kin particularly ancestors and heralds ''Devi Paksha'' or the fortnight-long festival of Hindu goddess Durga.

Several devouts thronged the river bank to perform religious rituals, make offerings to their ancestors and to take a holy dip.

Balmer Lawrie to retain its UK Subsidiary; declares a dividend of 170 percent

Kolkata-based Balmer Lawrie & Company (BLC) Limited, a diversified public sector conglomerate, has informed that it will keep its UK subsidiary, before being sold off to TAL International Container Corporation of USA (TAL).

BLC expects that the move would help in its overseas operation. The company’s UK arm is engaged in leasing and hiring marine freight containers.

Apart from this, the company will look for other lines of business for Balmer Lawrie UK (BLUK).

At present, BLC has only Rs 100 crore cash surplus on its balance sheets, and may have to go for debt to fund an acquisition.

McNally Bharat Engineering secures order worth Rs 115 crore from BHEL

McNally Bharat Engineering secures order worth Rs 115 crore from BHELKolkata-headquartered McNally Bharat Engineering has secured an order worth Rs 115 crore from Bharat Heavy Electricals Ltd (BHEL), Bangalore.

The contract involves design, engineering, supply, E&C and structural steel works of coal handling plant mechanical equipments for GSECL, 1x500 MW UKAI Project. The contract is schedule to be completed in 18 months from the date of LoI.

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