Skip to: Content
Skip to: Site Navigation
Skip to: Search
Newser - Current News - Breaking Stories

SPONSORED NEWS ARCHIVE

JSW STEEL PROJECT REKINDLES WEST BENGAL'S INDUSTRIALISATION DREAM

Article from: The Hindustan Times Article date: November 02, 2008

Report from Indo-Asian News Service brought to you by HT Syndication.

Salboni (West Bengal), Nov. 02 -- (IANS) Nearly a month after Tata Motors aborted its small car project in Singur, West Bengal is rekindling its fading industrialisation dream with the laying of the foundation stone Sunday for the Sajjan Jindal promoted JSW Steel project in this Maoist-targeted area amid high security.But after the rancour between the leading political players that saw the coveted Nano factory being shifted to Gujarat, the Rs.350 billion (over $7 billion) Salboni project has so far been a study in contrast ...

Read the rest of this article with a Free Trial at HighBeam Research.
Newser gathers stories from across the web and packs what you need to know into about 120 words.
Check out these stories related to your search. Visit our grid for the latest news.

Protests Close Plant Making World's Cheapest Car

Posted Sep 2, 08 3:38 PM CDT in World,  Business 

Protests Close Plant Making World's Cheapest Car
Source: AP Photo

(Newser) – Tata Motors has halted work at the Indian factory where it was producing its Nano model, billed as the world’s cheapest car. A 2-year-long land dispute escalated when West Bengal farmers trapped workers inside, the AP reports, and the company instructed employees to stay home this week. "A detailed plan to relocate the plant and machinery to an alternate site is under preparation," the company said today.

More about:  auto industry • business • protests • farmers • Tata Nano • West Bengal

MORE RELATED NEWSER STORIES

 Protests Threaten 
 World's Cheapest Car 

Tata, having promised Oct. launch for $2,500 Nano, considers costly factory move

Der Spiegel Der Spiegel Aug 26, 08 3:51 PM CDT
(Newser) - The promised October launch of a $2,500 car by India’s Tata Motors is in jeopardy after massive protests at its West Bengal factory, Der Spiegel reports. Led by the state's opposition leader, 30,000 demonstrators promised a "fight to the finish" for land they say the government acquired illegally. Tata insists its Nano will be delivered on time even if the factory must move. More »

More about:  auto industry • India • protests • protesters • Tata Motors • Tata Nano

 Tata's Luxury Buys
 Tell World 'We're Here' 

Jaguar, Land Rover acquisitions add dimension to Indian giant's broad base

BBC BBC Mar 26, 08 11:53 AM CDT
(Newser) - Perhaps you’ve never heard of Tata, the Indian company that's the new owner of Jaguar and Land Rover—but it's already a $70 billion globe-straddling giant, the BBC reports, with major subsidiaries in a host of industries. Not content with dominating its fast-growing home market, Tata Motors sells cars in Africa, South America, and throughout Asia. More »

More about:  auto industry • India • Ford • Tata Motors • Jaguar • Land Rover • Tata Nano

GM’s Quarter Is Twice as Nice

Carmaker more than
doubles estimates, beats Toyota in sales for quarter

Bloomberg Bloomberg Jul 31, 07 10:02 AM CDT
(Newser) - General Motors scored a breakout second quarter, more than doubling earnings estimates and turning a profit of $891 million, compared to a loss of $3.4 billion a year ago, Bloomberg reports. GM made money in three out of four regions globally, and nearly broke even in the recently treacherous North American market. Shares rose 23% on the quarter. More »

More about:  auto industry • General Motors • business • Ford • money • Toyota


Other Business Stories