User: subbu Topic: Land Issues
Category: SEZs by State :: West Bengal
Last updated: Sep 09 2017 13:53 IST RSS 2.0
 
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GST Council meet: States raise GSTN issues, difficulty in filing returns 9.9.2017 Top Stories
Suggest setting up of GoM to identify and help address the issues within 2-3 months
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Infosys to get freehold land for its first venture in Bengal 8.9.2017 All News-IANS Stories
The West Bengal government on Friday approved the entry of IT major Infosys in the state, allowing the company to get land on freehold basis for its maiden IT development centre.
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Infosys to get freehold land for its maiden venture in Bengal, says state govt 8.9.2017 DNA: Mumbai
The West Bengal government on Friday decided to allow IT major Infosys to get land on freehold basis for its first IT development centre in the state. The company had purchased 50 acres from the government at Rajarhat for the project. Speaking about the outcome of the cabinet meeting, State Education Minister Partha Chatterjee said that earlier the land was given IT major on lease for 99 years on a renewal basis. "Earlier we had decided to allow 75 per cent of the 50-acre land for IT and Information Technology Enabled Services (ITeS). Now today in the Cabinet we have decided to bring it down to 51 percent for IT and ITeS," he said after the cabinet meeting. "They (Infosys) had written us requesting that 51 per cent will be used for IT and ITeS besides, asking for freehold instead of leasehold which we have decided to allow," he said. According to another senior officer, Infosys needed to submit the DPR (detailed project report) within a month of registration of the land. The IT major would also be asked ...
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Infosys to get freehold land for its maiden venture in Bengal 8.9.2017 ET: IETS
On August 29, Chief Minister Mamata Banerjee had said that IT major Infosys would invest in the state without the special economic zone (SEZ) status.
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Riding on sops, Infosys to finally open maiden chapter in West Bengal 8.9.2017 Business Standard: News Now
Riding on sops to compensate for the lack of a Special Economic Zone (SEZ) status, information technology (IT) major Infosys is set to mark its entry in West Bengal. Its plan is to invest Rs 100 crore and build a campus on a 50-acre lot that can employ up to 1,000 people. The state government, in a Cabinet meeting on Friday, cleared the proposal whereby a "mixed development" model has been offered to the company. Partha Chatterjee, the state's parliamentary affairs minister, said after the meeting that of the 50 acres granted, 49 per cent will be on lease and used for IT purposes. The other 51 per cent will be freehold land; it may be used for any purpose Infosys deems fit. Industry departments officials say freehold land implies the ownership has been transferred and, hence, the company has an option to sell that part if it wishes.Earlier, when land was formally allotted to Infosys in November 2011, a 99-year lease for the entire 50-acre lot was agreed upon. Chatterjee claimed the ...
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Bengal Cabinet to give nod to Infosys: Basu 7.9.2017 BusinessLine - National
The company will be given incentives promised but no added concessions, says the State IT Minister
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'Mamata cabinet to ratify Infosys entry in Bengal' 7.9.2017 All News-IANS Stories
The West Bengal government will ratify the entry of IT major Infosys in the state, Information Technology Minister Bratya Basu said here on Thursday.
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Bengal Cabinet to ratify Infosys entry into state: State IT Minister Bratya Basu 7.9.2017 ET: IETS
Recently, Banerjee announced that the company would start the Kolkata centre with an investment of Rs 100 crore with an employment potential of 1000.
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West Bengal govt to ratify Infosys project on September 8 5.9.2017 Business Standard: News Now
The development centre will have a capacity to seat around 1,000 people
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Infosys to submit plan after land registration completion 30.8.2017 ET: IETS
Infosys today said that it would submit the plan for the proposed Kolkata centre to the West Bengal government after completion of the land registration process.
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Infosys will invest in Bengal without SEZ status: Mamata Banerjee 29.8.2017 ET: IETS
Infosys had earlier asked the Mamata Banerjee government SEZ status for their project or return of the Rs 75 crore it had paid for land at Rajarhat.
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Infosys to mark its maiden entry in West Bengal: Mamata Banerjee 29.8.2017 All Companies Stories
In a major breakthrough, West Bengal's chief minister Mamata Banerjee, on Tuesday claimed that IT major Infosys will be investing Rs. 100 crore initially in the state and will come up with a 50-acre campus in the Rajarhat area, near the state's capital.Infosys had long been demanding special economic zone (SEZ) status to mark its maiden entry in the state which the state government was not bent on granting due to political compulsions. Banerjee clarified that Infosys will not be getting the SEZ status, as per the state's policy; but will be eligible for other benefits as per the state government's policy.She claimed it will create thousands of jobs in the state.In July this year, Wipro, which too wanted an SEZ status for its second campus in West Bengal, had decided to let go of the demand. Rishad Premji, chief strategy officer at Wipro had then said, on a visit to Kolkata for a Nasscom event, that the company was in talks with the state government to come up with newer opportunities .
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Infosys will invest Rs 100 cr in Bengal without SEZ status: Mamata Banerjee 29.8.2017 All Current Affairs Stories
Infosys investment will generate employment opportunity to 1,000 people
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Private interests & public resistance 2.8.2017 FrontLine: The Nation
The recent turnaround in the role of the state from one that would push progressive redistribution of land in favour of the landless to one that would redistribute it in favour of big private capital seems to be the most crucial political economy issue in contemporary India. By ACHIN CHAKRABORTY
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Which zone do you pick? 27.7.2017 Deccan Herald - Supplements
Bengaluru has consistently emerged as one of the top real estate investment hotspots on account of the expansion of its IT corridors, capital inflow by foreign investments (due to IT and industrial developments), cosmopolitan hubs and improvement in connectivity across the city through extended transport services. Some of the Government's proposed infrastructure, namely - the Peripheral Ring Road (PRR), metro rail, signal-free Outer Ring Road, high-speed rail link, monorail and elevated expressway are factors influencing real estate growth and capital appreciation potential in Bengaluru. Yeshwantpur, Sarjapur Road, Whitefield and parts of North Bengaluru are the City's most promising residential micro-markets to invest in a home. The Outer Ring Road (ORR), a 60-km stretch which connects the City with National Highway-4 and runs through all four zones of the City has witnessed massive real estate investment which promises high returns. Here's a summary of where one can invest in residential real estate ...
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How China dominates Indian homes, mkts & economy 16.7.2017 Budget 2017, Income Tax - India Budget 2017 Updates, Union Budget 2017 Latest News, Railway Budget 2017 | Times of India
As encroachment charges on the border fly thick and fast, there’s little doubt which country has been successful in infiltrating the marketplace.
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How China beats India hollow in trade and dominates Indian homes, markets and economy 15.7.2017 ET: Foreign Trade
As encroachment charges on the border fly thick and fast, there’s little doubt which country has been successful in infiltrating the marketplace.
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Denied SEZ status, Wipro working alternative plan for 2nd campus in Bengal 7.7.2017 Business Standard: Front Page Headlines
Firm had withheld investments in the state over the issue
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Wipro may quit Bengal as Mamata denies SEZ status to 2nd campus 6.7.2017 News
Firm had withheld investments in the state over the issue
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Mamata Banerjee says 'no' to Wipro on SEZ 6.7.2017 ET: IETS
Premji's (Azim Premji of Wipro) son wanted SEZ status for the second project here. But due to policy of the government, we will not be able to accord that, Banerjee said.
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