Nobel laureate economist Joseph Stiglitz today said he was aware of the problems industry was facing in acquiring land in Bengal and suggested that government role in facilitating acquisition could help reduce the difficulty. “I talked to some people and they said it’s (land acquisition) a problem here,” said Stiglitz, a professor of economics at Columbia University, during an interaction with journalists. The former chief economist at the World Bank expressed his...

The Aditya Birla Group increased its contribution to political parties about fourfold to Rs 30.5 crore in 2009-10 while the Bharti Group cut it from Rs 17 crore to zero.  The two main national parties, Congress and BJP, received Rs 84 crore and Rs 82 crore, respectively, as contribution from all sources while a regional party like Sharad Pawar's NCP obtained only Rs 3 crore.  The 2009-10 numbers of companies making legal...

-IANS   Five years after a movement that catapulted it into the national spotlight and spelt the beginning of the end of the 34-year Left rule, Nandigram is still counting the losses of the bloody anti-land acquisition movement. Development is at a standstill and many of those who had been at the forefront of the movement and lost their family members say they were used as cannon fodder against the mighty Left, which...

There isn't a single burning, insurmountable issue because of which workers at Maruti's Manesar plant have struck work thrice in the last five months . Sruthijith KK & Chanchal Pal Chauhan report from Manesar that at its core lie accumulated grievances and resentment, and events are adding fuel to the fire A day after workers at Maruti Suzuki's Manesar facility went on strike in June, 55-year-old MM Singh, the company's head...

The Calcutta high court upheld the Singur Land Rehabilitation and Development Act on Wednesday, saying that it was within the powers of West Bengal’s legislators to impose such a law, rejecting the challenge by Tata Motors Ltd over the seizure of land that was meant for its Nano Factory. Justice I.P. Mukerji said in the judgement, however, that the Hooghly “district officials have exceeded their powers in taking possession of the...