West Bengal scraps Infosys, Wipro projects

September 23rd, 2009 KOLKATA - West Bengal is lagging behind in implementing the projects sanctioned under the Jawaharlal Nehru Urban Renewal Mission (JNURM) scheme, Union Minister of State for Urban Development Saugata Roy said here Wednesday. "West Bengal and Delhi are lagging behind in (utilising) the fund sanctioned under the schemes of JNURM.

September 17th, 2009 KOLKATA - The West Bengal government Thursday invited IT majors Wipro and Infosys to start new centres at Rajarhat on the northeastern fringes of this city and promised to give 45 acres of land to each of the companies. "I'm proposing today (Thursday), through the media, that we are ready to give 45 acres of land each to Wipro and Infosys.

September 17th, 2009 KOLKATA - The West Bengal government Thursday invited IT major Wipro and infosys to start new centres at Rajarhat in the northeastern fringes of the city and promised to give 45 acres of land to each of the companies. "I'm proposing today (Thursday) through the media that we are ready to give 45 acres of land each to Wipro and Infosys.

September 17th, 2009 KOLKATA - West Bengal Chief Minister Buddhadeb Bhattacharya on Thursday said that the Government would revive plans to build a one billion dollar IT hub, which was earlier, scrapped due to land acquisition problems. The State Government has planned an IT town on the outskirts of Kolkata to host IT giants Wipro and Infosys, and following the issue Bhattacharya said that IT majors, Wipro and Infosys would be given 45 acres of land each near the airport, where they can construct new centres.

September 16th, 2009 KOLKATA - West Bengal's ruling Left Front Wednesday said the IT township project involving giants Infosys and Wipro has only been kept on "hold" and not cancelled. "The state government has not abandoned the township project.

September 14th, 2009 KOLKATA - The West Bengal government's decision to scrap an ambitious IT project, where companies like Infosys and Wipro were to set up units, has not gone down well with British investors, a trade official from that country said Monday. The scrapping of the project following controversy over land acquisition has had a negative perception in the minds of British investors, UK-India Business Council chief operating officer Kevin McCole said.

September 8th, 2009 KOLKATA - The prime accused in last month's violent clash over a football match that saw one person being killed and the miscreants hiding in the Vedic Village resort near here was arrested Tuesday morning. Gaffar Mollah was arrested with five others from West Bengal's Bankura district, where he was hiding in his cousin's place.

September 7th, 2009 KOLKATA, Sept 07 Embroiled in a land controversy yet again, the Marxists in West Bengal on Monday said it was junking a plan to set up an Information Technology (IT) township that would have hosted bellwethers like Infosys and Wipro. The Vedic Village fire singed the ruling communists’ IT plans as the government in a statement said: “It is impossible for the IT department to proceed with the project.” “The government does not want to be involved in any illegal activity,” the statement said as murky truths tumbled out of the closet after the violence in Vedic Village resort last month in the area adjacent to the proposed IT township.

September 7th, 2009 KOLKATA - The West Bengal government on Monday scrapped plans for an IT-related township in the Rajarhat area near Salt Lake City in the wake of a land scam involving land sharks and government officials. The State Government had revealed last month that it had acquired land for the Infosys and Wipro complexes.

September 7th, 2009 KOLKATA - The West Bengal government Monday informed IT majors Infosys and Wipro that their projects in a proposed township on the outskirts of this metropolis had been scrapped, according to officials. The proposed IT township at Rajarhat near Salt Lake had become controversial in recent weeks following allegations that land sharks had been involved in acquisition of plots there.

September 7th, 2009 BANGALORE/KOLKATA - West Bengal Govt has ditched Infosys and Wipro off their prospective lands after making them wait for 5 years. So, as a result, it has lost an opportunity to create thousands of jobs when it scrapped the proposed IT hub project in Kolkata, a senior official of Infosys Technologies said late Monday.

September 7th, 2009 KOLKATA - The West Bengal government Monday scrapped the proposed IT township projects involving companies like Infosy and Wipro at Rajarhat near here following allegations that the land had been forcibly and illegally acquired. "The government does not want to be involved in any illegal activity," the state IT department said in a statement.

September 7th, 2009 KOLKATA - Infosys board member T.V. Mohandas Pai Monday said the West Bengal government's decision to scrap a proposed IT hub project on the state capital's northeastern fringes was a "sad day" for the state.

July 22nd, 2009 BANGALORE - Wipro Ltd projected revenue of $1.03-1.05 billion from its global IT services for the second quarter (July-September) of this fiscal (2009-10). In a regulatory filing Wednesday, the IT bellwether said the guidance was based on its performance in the first quarter (April-June) when its flagship business division revenue at $1.03 billion showed decline of 1.3 percent sequentially and 3.3 percent year-on-year (YoY).

June 30th, 2009 KOLKATA - India and Bhutan will jointly develop 10 hydroelectric projects by 2020, according to Bhutanese Prime Minister Jigmi Y. Thinley. "By 2020, the two countries have agreed to develop a little over 11,000 megawatts hydel power green energy through some 10 projects.