Amar Ghosh, a real estate broker, is negotiating a deal with a Mumbai-based company for 65 acres around Singur, 40 km from Kolkata, at Rs 22.5 lakh (Rs 2.25 million) per acre.
The West Bengal government is likely to shift the chemical hub project to Haldia since it requires proximity to a port.
Fresh from the Nandigram flashpoint, the West Bengal government is set to begin a two-way 'battle' to keep industrialisation going in the state.
From a subsistence agrarian economy to a sound industrial economy is the slogan of Buddhadeb Bhattacharjee, while he advocates for Tata Motors small car project against all odds.
The Allahabad Bank-led, five-party venture for a non-life insurance company is expected to start operations by April-May 2007