GET Stock QuotesNews18 APP
News18 English


Powered by cricketnext logo
1-min read

Mamata Welcomes Tata Investment in Bengal

Minister Mamata Banerjee on Wednesday welcomed the group's investments in the state.


Updated:August 31, 2016, 10:33 PM IST
Mamata Welcomes Tata Investment in Bengal
Mamata Banerjee welcomes Tata Investments in Bengal

Kolkata: Soon after the Supreme Court set aside the land acquisition for the Tata's Nano project in West Bengal's Singur, Chief Minister Mamata Banerjee, who hailed the development and said she wept tears of joy on hearing it, on Wednesday welcomed the group's investments in the state.

"Tatas are involved in many projects in Bengal. We are working with them in panchayats and many housing projects," said Banerjee, adding that many tenders were awarded to Tatas when she was the Railways Minister.

"If they come, we will welcome them," she said.

Incidentally, Tata Sons' Chairman Cyrus P. Mistry had recently said that they look forward to an opportunity to invest in Bengal. "When the opportunity does come, we look at that actively." said Mistry.

However, in the same breath, he also said that the opportunities have to show themselves.

"And when they do, irrespective of the political environment, we will make the decision to invest," Mistry had said.

On Wednesday, Banerjee said: "We do not deprive anybody. I repeatedly appealed to them to build the plant on 600 acres of land which was given by willing farmers and return 400 acres to unwilling farmers. Now we will go by the law."

Welcoming the verdict, Singur legislator Rabindranath Bhattacharya however said, "Tatas and other industrialists are welcome" in Singur.

"We welcome Tatas and any other industrialists in Singur, if they are willing to go for a fresh agreement with the state government and take lands from farmers who are willing to give it," he said.

Read full article
Next Story
Most Active
Company Price Change %Gain
Infosys 1,152.10 +29.25 +2.60
ICICI Bank 343.25 +9.15 +2.74
SBI 307.10 +10.95 +3.70
HDFC 1,858.35 +12.40 +0.67
TCS 2,888.95 +38.10 +1.34
Company Price Change %Gain
Power Grid Corp 197.70 +1.85 +0.94
Piramal Enter 2,842.15 +45.90 +1.64
HDFC 1,859.95 +11.25 +0.61
SBI 306.35 +10.20 +3.44
Tata Motors 422.75 +0.95 +0.23
Top Gainers
Company Price Change %Gain
Axis Bank 585.20 +22.00 +3.91
SBI 307.10 +10.95 +3.70
ICICI Bank 343.25 +9.15 +2.74
Infosys 1,152.10 +29.25 +2.60
Aurobindo Pharm 657.25 +16.15 +2.52
Company Price Change %Gain
Axis Bank 584.75 +26.00 +4.65
SBI 306.35 +10.20 +3.44
ICICI Bank 343.10 +8.95 +2.68
Infosys 1,152.25 +29.35 +2.61
Yes Bank 342.50 +8.60 +2.58
Top Losers
Company Price Change %Gain
Zee Entertain 593.10 -20.30 -3.31
Wipro 325.70 -6.25 -1.88
HUL 1,371.20 -10.80 -0.78
ONGC 195.70 -1.50 -0.76
Kotak Mahindra 1,027.10 -6.15 -0.60
Company Price Change %Gain
Wipro 325.75 -6.15 -1.85
HDFC Bank 1,887.00 -16.70 -0.88
Hero Motocorp 3,566.05 -28.80 -0.80
ONGC 195.65 -1.45 -0.74
HUL 1,371.85 -9.45 -0.68

Live TV