TATA Motors has asked for 10 months time from the West Bengal Industrial Development Corporation to remove equipment from the mother plant situated in Singur.
WBIDC Managing Director, Subrata Gupta, said, "Tata Motors had written to WBIDC in November that it would require 10 months to remove the equipment from Singur."
The ambitious project of Ratan Tata was earlier planned at Singur but later shifted to Sanand in Gujarat due to stiff opposition by Trinamool Congress led opposition parties over land and compensation issue.
The 59th PTC India Ltd Board Meeting on Monday, April 5, was marked by the amendment of the decision taken by the company's board at the 57th meeting. The previous decision went thus: "subject to the approval of shareholders raising of funds up to Rs. 12 billion through the Qualified Institutional Placement - NCDs upto Rs. 4 billion; plus warrants of upto Rs. 8 billion."
Stock analyst Ashwani Gujral said that the stock markets have the potential to climb as higher prices draw more buyers. 
In reaction to the patent granted to Bajaj Auto for its ExhausTEC invention, TVS Motor Company's President Marketing, HS Goindi told Business Line that his company had neither infringed the patent nor would the grant of patent have any affect whatsoever on TVS' business, as "none of the products of the company utilize the said technology." 
With the liability position of the deceit-ridden IT company, the Hyderabad-based Satyam Computer Services, looming large on the minds of the prospective bidders, at least three such bidders - L&T CFO YM Deosthalee and director JP Nayak; and Tech Mahindra CEO Vineet Nayyar and president CP Gurnani - separately met the Satyam board on Friday, seeking clarifications on certain issues before their go-ahead with the financial bids. 
