NTPC yet to get promised land from West Bengal government Posted on 20th May 2015 |
.jpg) |
| KOLKATA: Nearly 15 months after West Bengal chief minister Mamata Banerjee announced handing over of 96 acres to NTPC for setting up a proposed 1,320 Mw power plant, the state government is yet to hand over land to the firm. NTPC is also waiting for waiver of landholding ceiling to buy some 150 acres from villagers directly, with the result that the project has been delayed by at least five years already In February last year, Banerjee had announced handing over of the land to the power producer to speed up industrialisation in the state. The land included about 20 acres of uninhabited stretches along the Ajay River in Bardhaman where a pump house was to be set up; some 50 acres of embankment on which water was to be transported; and another 25 acres near the plant site, which belonged to the agriculture department and was to be used for setting up a township. In addition, NTPC had decided to acquire 150 acres from the farmers directly. After a series of dialogues with company officials, owners agreed to sell their land to NTPC, after which the power company entered into a land purchase agreement with nearly 100 families at the project site. |
|
|
|
|
Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict Posted on 29th October 2019 |
.jpg) |
Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
|
|
Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices Posted on 7th October 2019 |
.jpg) |
The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
|
|
LIC pips private insurers in first-year premium growth during April-August Posted on 13th September 2019 |
.jpg) |
In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
|
|
Apollo Hospitals rules out further stake sale Posted on 13th September 2019 |
.jpg) |
Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
|
|
World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah Posted on 13th September 2019 |
.jpg) |
In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
|
|
|
|
| Be the first person to write a business review for NTPC yet to get promised land from West Bengal government |
|
|
|