The land acquired by the government under

In a statement Tatas recount circumstances under which they were forced to stop work at Singur.

The legislation for returning land at Singur to farmers drew criticism from industrialists and a reminder from the Tatas about the circumstances that forced them to abandon a factory that was meant to build the Nano, the world

The two-member expert committee constituted by the West Bengal government to draft a new land policy in the state, has recommended direct purchase of land by industrialists from farmers.

The biggest struggles in the recent past might have been surrounding land and land acquisition, but risk mitigation through an insurance cover is still a far cry.

Thus, in case Tata Motors bids adieu to Singur, where the government passed a Bill to take back the land it had earlier given to the company for setting a factory, it will have no insurance cover to minimise losses.

It may be menti

Tata Motors on Wednesday said its global sales increased by 11 per cent in May to 88,251 units driven mainly by commercial vehicles and Land Rover.

Sales of luxury brands from Jaguar Land Rover were at 22,296 units during May, up 17 per cent from the same month last year, Tata Motors said in a statement.

While sales of luxury sedans of Jaguar brand declined by 18 per cent last month to 4,221

Citing legal loopholes in the legislation, Left MLAs walk out of the House
Amid heated exchange of words and walkout by Opposition members, West Bengal Assembly on Tuesday passed a Bill scrapping the previous Left Front government's deal with Tata Motors to return land to 'unwilling' farmers in Singur, fulfilling a key election pledge of Mamata Banerjee.

The Singur Land Rehabilitation and Deve

The West Bengal Assembly on Tuesday passed the Singur Land Rehabilitation and Development Bill 2011 by voice vote after the Opposition Left Front had walked out of the House. This will pave the way for the return of land to Singur

At a time when the Indian automobile industry is strongly opposing lowering of import duty in the proposed India-EU FTA, Tata group chief Ratan Tata has favoured cutting tariff on vehicles and components coming from overseas.

In an interview to the market research firm JD Power, Tata said such high import duties are unrealistic and create an artificial barrier of protection for local companies.

The West Bengal government on Monday convened a special session of the state Assembly to pave the way for the introduction, on an emergency basis, of

Carmakers rush to court buyers with cheaper finance options to rev up sales of petrol cars as rising petrol prices have fuelled demand for diesel products.

While interest rates on auto loans have risen to as high as 12.5%, they are lower by up to 2% for petrol cars.