Fifteen years after Tata Motors first mooted the idea with its micro car ‘Zing’ at the Delhi Auto Show, quadricycles are set to become a reality for the domestic automobile industry.

Tata Motors is likely to renew the lease agreement for the land at Singur as it awaits a final verdict from the Supreme Court on the Singur Act case.

Confirming the development, a Tata Motors spokesperson said, “We will renew the Singur land lease and continue to pay the prevailing rate (rate decided as per the agreement).”

Honda may soon follow erstwhile JV partner Hero MotoCorp into Gujarat, with plans to set up its fourth two-wheeler plant in the state, sources told FE. The Japanese company is believed to have scouted for land near Sanand, where both Tata Motors and Ford have set up their manufacturing units.

The move is in line with Honda Scooter and Motorcycle India's target of displacing Hero from the top spot in the two-wheeler market by 2020 for which it has planned an annual capacity of 10 million units across 7-8 manufacturing units.

CM Mamata Banerjee's emphasis on rigid land policy has pleased farming community, not industry

After a historical victory on the plank of Maa-Maati-Manush (mother-land-people), the Trinamool Congress government grappled with major economic issues during the year, which experts say, would warrant dramatic reversal of policies on issues such as land acquisition. It is felt the Chief Minister Mamata Banerjee's emphasis on a rigid land policy has pleased the farming community but not the industry.

In case, the present Act is struck down by the Supreme Court, says a senior Cabinet member

The Mamata Banerjee government in West Bengal is considering the possibility of framing a new law to return land to unwilling farmers in Singur, if the present Act is struck down by the Supreme Court, a senior member of her Cabinet said. Addressing a gathering at Singur to mark the death of Tapasi Mallik, Labour Minister Purnendu Bose said: “If it is seen that the existing law formulated by the government to return land to the ‘unwilling’ farmers at Singur is not acceptable to the apex court… then a new law may be framed.”

Tata Motors would halt production at its block here for three days from today, following poor demand.

‘The moment case is resolved in SC, it will be returned to farmers’

Chief Minister Mamata Banerjee on Tuesday said the land at the disputed site at Singur belonged to the West Bengal government and not to the Tatas, which unsuccessfully sought to set up a small car factory there. Addressing a public rally at Nimtauri in Purba Medinipur district, she said: “There is a [Supreme] Court case pending on the issue and the moment it is resolved, we will return the land to farmers as promised,” adding her government was also extending them help.But Leader of the Opposition in the Assembly Surya Kanta Mishra questioned her claim.

Tata Motors, on Monday, launched six heavy trucks through its commercial vehicles business unit (CVBU), and also its intelligent vehicle and driver management solution — Tata FleetMan Telematics Services.

A statement from the company said all six trucks had been designed and built specifically to offer the lowest TCO (total cost of ownership), best-in-class fuel efficiency, longer service runs, and enhanced levels of driver comfort.

DOWNPLAY FEARS Maruti Suzuki, M&M and GM India say diesel hike may defer demand slightly, but sales to be better than last year