Pill for Bengal sick units

Calcutta, June 4: Calcutta High Court today quashed The Chatterjee Group's option to approach the International Chamber of Commerce for arbitration to wrest control of Haldia Petrochemicals, boosting the Mamata Banerjee government's bid to go ahead with its ...

Calcutta, June 7: The Calcutta Port Trust (CPT) is looking forward to the resolution of a two-year old stalemate on a proposed transloading facility at Kanika Sands, a cluster of islands off the Odisha coast, at a meeting in New Delhi next week. CPT ...

Calcutta, June 5: The impact of the BJP's absence from the Howrah bypoll and how it helped Trinamul stretch its victory margin were the topics of discussion in state BJP circles today. Trinamul's Prasun Banerjee won by a margin of 26,965 votes. The ...

Calcutta, June 5: Indian Oil Corporation (IOC) has joined the legal battle over Haldia Petrochemicals Ltd (HPL), demanding a director position in the company. The petition of the navaratna company, which has a 8.89 per cent stake in HPL, was ...

Calcutta, May 27: An infrastructure company working on the expansion of National Highway 6 today alleged lack of support from the state government on land acquisition and arm-twisting by syndicates. Work on the 111.4-km Dankuni-Kharagpur project has ...

Nancy J. Powell, the US ambassador to India, put Calcutta in its place on Tuesday, taking it out of the league of Mumbai, Delhi and Bangalore and bracketing it with Raipur, Ranchi and Siliguri instead. Many Calcuttans have long lamented that their ...

Calcutta, May 18: The State Bank of India today urged the Reserve Bank of India to act as a uniform regulator for all lending agencies, particularly the housing finance companies against whom the bank is competing for retail customers in the home ...

Calcutta, May 17: The hunt for shale gas may hit a land hurdle in Bengal, where this unconventional source of energy is in abundance. ONGC Ltd, which is conducting a pilot project in the Damodar basin in Burdwan, said it apprehended "severe ...

Calcutta, May 17: Energy major GAIL (India) Ltd and ONGC Ltd are likely to join the race to pick up the Bengal government's stake in Haldia Petrochemicals. Both the "maharatna" public sector giants said they were examining proposals made by the ...