A leading car maker from China is likely to set up a car manufacturing plant in West Bengal. The state government hopes that the company would set up the plant at the site, vacated by the TATA Motors after stiff opposition from Trinamool congress led opposition parties.
A team of officials from Chinese company, First Automobile Works (FAW), would soon visit the different locations in the state for the the project. It would tie up with Ural India for Rs 1,500-crore automobile manufacturing unit in Bengal.
Karnataka Transport Minister R Ashok announced that in order to strengthen its four transport corporations, the department is going to recruit 18,000 personnel including drivers, conductors and technical hands during the year. It is worthwhile to mention that the government has announced its ambitious plan to add 5,000 new buses to its fleet.
UK-base NDS group has announced $150 million invesment in India to boost its current operations. The company has invested over $120 million so far and has now announced an investment of $150 million over the next four years to support the accelerating digitization of pay-TV across the nation and worldwide.
The Pusa-1122 variety of rice has been given the 'basmati' status, which means a boost in exports as well as an increase in its price .However, some exporters are worried about the hindrances this may cause in India's efforts to get a geographical indication, or GI, status for the marquee rice variety.
The Union Government has decided to charge for additional spectrum above 6.2 MHz in addition to the license fees. The magnitude of additional sum would be decided by Telecom Commission, the policy-making arm of the Department of Telecommunications.
The sale of super luxury cars in India registered growth despite the global financial crisis. The luxury car makers, such as BMW, Mercedes-Benz, and Volkswagen are looking for markets in developing countries such as India and China. They consider India as a potential market for high-end car sales.
