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THE JOURNEY OF DUNLOP IN INDIA

Written By News Features Online on Sunday, October 28, 2012 | 7:38 PM

Pneumatic Tyre was discovered in the year 1888 by a Scotsman John Boyd Dunlop (1840-1921). The beginning of Dunlop legacy occurred in 1888. The first company founded by John Boyd Dunlop was Dunlop Tyres. 1896: Dunlop started marketing cycle tyres in India. 1926: Dunlop incorporated its business in India as Dunlop Rubber Company (India) Limited with an authorised capital of Rs. 5 million.

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1928: Dunlop Rubber Co (I) Ltd was renamed Dunlop India Ltd (DIL). 1936: Dunlop’s Head Quarter in India was shifted to the sprawling Dunlop House on Free School Street, Calcutta. In the same year DIL set up the first tyre manufacturing plant in Asia on a 239-acre plot of land at Sahaganj, near Calcutta. The plant, which started its production with tyres for passenger cars, cycles and animal drawn vehicles, over the years added capabilities for manufacturing 300 varieties of tyres ranging from scooter tyres to tyres for truck, bus, tractors and earthmovers and aircrafts. Sahaganj also produced an array of Industrial Products. The range included: steel cord conveyor belting, rubber & PVC conveyor belting, transmission belting, industrial and automotive v-belts, hoses, adhesive solutions and other products. 1942: Toward the end of the 2nd World War Sahaganj started manufacturing tyres for aircrafts. 1946: Dunlop India started production of Industrial Products. 1952: First Conveyer belt rolled out of the Dunlop Plant. 1956: Production of OTR tyres started. 1959: DIL set up its second plant in India at Ambattur, near Chennai. 1987: Steel Chord belt production started. 2005: The Ruia Group led by Mr Pawan Kumar Ruia took control of DIL. At this point DIL had liabilities in excess of Rs 6.5 billion. 2006: The DIL plant at Ambattur resumed production on 27 August, while Sahaganj opened its gates on 31 October. 2007: Dunlop came out of BIFR’s purview on 19 December. -------------------------------------------------------------- Dunlop India Ltd. Acquired : December 2005 Vertical : Tyre & Rubber Plant(s) Location : Sahaganj (Near Kolkata), Ambattur (Near Chennai) Dunlop came to India in 1898 and after a very successful run for nearly a hundred years, the company ran into problems in late nineties of the twentieth century. Dunlop had to close both its plants in East and South India. Ruia Group acquired the company through a complex overseas deal and opened both the facilities. Dunlop brought into the group the priceless legacy of an international brand that enjoys tremendous image equity and immense recall value. It has huge plants in Sahaganj near Kolkata and Ambattur near Chennai, India. Dunlop's present range of products include Bias Ply Nylon Truck Tyres, OTR Tyres, Tractor Tyres, Conveyor Belts, Hoses etc. Particulars of the Directors and Officers of the Company Details of Registered Office and Corporate Office Addresses of Dunlop India Limited. Registered Office Address: Flat No. 1, 5th Floor, 9, Syed Amir Ali Avenue, Kolkata – 700 017 Details of Compliance Officer: Mr. Kanhaiya Lal Sharma Company Secretary Ph. No. : (033) 2289 4747 Fax No. : (033) 2289 3433 Email : kanhaiya.sharma@dunlop.co.in Details of RTA: C.B Management Services (P) Ltd. P-22, Bondel Road Kolkata - 700 019 Ph. No. : (033) 2280 6692 / 6693 /6694 / 2486, (033) 4011 6700 Fax No. : (033) 2287 0263 Email : rta@cbmsl.com Directors Mr. Mohan Lall Chauhan Mr. Damodar Prasad Dani Mr. S. Ravi ------------------------------------------------- 01… Dunlop Rubber Founded Defunct1985 Headquarters Birmingham, UK Products Dunlop Rubber was a company based in the United Kingdom which manufactured tyres and other rubber products for most of the 20th century. It was acquired by BTR plc in 1985. Since then, ownership of the Dunlop trade-names has been fragmented. The company originated in 1889, when Dunlop Pneumatic Tyre Co. Ltd was formed in Oriel House in Dublin in Westland Row, to acquire and commercialise John Boyd Dunlop's patent for pneumatic tyres for bicycles.[1] This was the period of great demand for bicycles, and Willie Hume had created a publicity storm by winning seven out of the first eight races in which the pneumatic tyre was ever used, both in Ireland and England.[2] [3] Commercial production began in late 1890 in Belfast, and quickly expanded to fulfill consumer demand. After losing a patent battle to the assignees of an earlier pneumatic tyre patent filed by inventor Robert William Thomson, Dunlop assigned his patent to William Harvey Du Cros in return for 1,500 shares in the resultant company, and in the end did not make any great fortune by his invention. In the early 1890s Dunlop Tyre established divisions in Europe and North America. In 1893 a branch office and factory was established in Australia, in Melbourne. In 1896 the company registered a trademark and incorporated a subsidiary in England. Although the pneumatic tyre was successful, Dunlop had financial difficulties, and had to sell its overseas operations. A significant disposal was the sale of the Australian division in 1899 to a Canadian consortium, which incorporated it as the Dunlop Pneumatic Tyre Company of Australasia Ltd. Since then, Dunlop Australia has not been associated with the parent company, except for a 25% share of Dunlop Australia owned by the British company from 1927 to 1984. As a result, the right to the Dunlop brands in Australia and New Zealand have had different ownership from those in the remainder of the world. Initially the company subcontracted manufacture, but by 1902 it had its own manufacturing subsidiary, Dunlop Rubber Co. Ltd, in Birmingham, England. In 1900 the company started production of tyres for motorcars. The company continued its expansion, and in 1918 production started at a new plant in Birmingham, known commonly as "Fort Dunlop" because of the fortress-like appearance of the main building. By 1920 the company had selling subsidiaries or divisions in South Africa, South America, the Netherlands, Belgium, Italy, Denmark, 1889 Tyres 02… Sweden, Spain and India, manufacturing operations in France, Japan and the USA, and rubber plantations in Malaya and Ceylon. Diversification In the 1920s, competition from foreign companies in the UK tyre market intensified, and Dunlop diversified. In 1925 Dunlop acquired the Charles Mackintosh group, and the Dunlop name was applied to footwear and clothing. In 1925 a separate Aerospace Division was formed to cater to the growing aircraft industry's demand for tyres and rubber products. In 1929 the company discovered the use of latex foam for mattresses, which was then marketed with the trade-name Dunlopillo. During the 1930s other products involving the use of latex were added to the company's range, including golf balls and tennis racquets. In 1943, the Admiralty Experimental Diving Unit was tasked to develop a suit for divers. Dunlop Rubber produced the Admiralty Underwater Swim Suit Mark I and swim fins. They also designed an oxygen rebreather. Post war After the war, the UK tyre market was a sellers' market. By 1955 Dunlop had almost half of the market. A report by the Monopolies and Restrictive Practices Commission in that year found that Dunlop and the four other main sellers in the UK market (Goodyear, Avon, Firestone and Michelin) companies had arrangements which resulted in fixed prices. These arrangements had to change, and Dunlop's market share decreased. A further factor in Dunlop's decline was the decision during the early 1960s to develop textile radial tyres rather than the more durable steel-belted radial tyres. Dunlop lost market share to the Michelin company and other manufacturers marketing steel-belted tyres. In 1968 Dunlop acquired George Angus Ltd, a manufacturer of a wide range of products based on rubber, from rubber boots to O-rings and fire hoses. Dunlop continued to be active in motorsport, and from 1950 to 1977 was one of the suppliers of Formula One and motorcycle racing tyres. In 1971 Dunlop merged with Pirelli company of Italy to form the world's third largest tyre company. The merger was not a takeover by either company, but a joint venture arrangement where each company 03… took minority interests in the other's subsidiaries. The merger was not successful, and the joint venture was dissolved in 1981. In the 1970s, Dunlop Rubber pioneered the world's first 'fail safe' tyres, permitting a vehicle to continue moving safely even after a blowout. The tyre and wheel combination was called Denovo and was available as an option on the Rover 3500 and the Mini 1275 GT in 1973. It evolved into the TD in the early 1980s when it became standard equipment on the Austin Metro by 1983. Takeover and breakup By the early 1980s Dunlop was much indebted and had severe financial difficulties. In 1984 it sold the US tyre subsidiary, Dunlop Tire Corporation, to its management, and sold its interest in Dunlop India to the Jumbo Group of Dubai.[14] Then in 1985 the company was acquired by BTR plc. The road tyre assets, including the right to use the Dunlop name for road tyres, were sold immediately to Sumitomo Rubber Industries Ltd of Japan (which had grown out of Dunlop's original Japanese factory). During the 1990s BTR sold the various Dunlop companies: In 1996 the Dunlop Sports group, Dunlop Slazenger, was sold to its management, backed by CINVen. Since 2004 it has been owned by Sports Direct. In 1996 the Dunlop Footwear business was sold to the Dutch company Hevea. In 1996 Dunlop Adhesives was sold to Norcros plc, who in 2001 sold it to Ardex GmbH. In 1996 Dunlop Kenya was sold to local Kenyan interests. Dunlop Industries Ltd, a manufacturer of PVC floor tiles, is now a subsidiary of the Kenyan company Olympic Capital Holdings. In 1996 Dunlop Aircraft Tyres Ltd was sold to form a separate independent company. In 1997 the Dunlopillo company was sold to its management as Dunlop Latex Foam Ltd. In 2002 the Dunlopillo brand was itself divided, when the UK rights to the brand were sold to Hilding Anders. In 1998 BTR sold its Aerospace Group, including Dunlop Equipment and Dunlop Precision Rubber, to Doughty Hanson & Co to form Dunlop Standard Aerospace Group.[21] The new group was itself dissolved in 2004, and the Dunlop Aerospace companies were acquired by Meggitt plc. Meggitt has inherited the original English company, now named Dunlop Holdings Ltd, incorporated in 1896. In 1998 BTR sold its share of the South African subsidiary, Dunlop Africa Ltd, which was itself divided in 2001. The industrial products division was sold to become Dunlop Industrial Products and Dunlop Rubber Mouldings.[22] The tyre business, Dunlop Tyres International, was bought by Apollo Tyres of 04… India in 2006.[23] Dunlop Tyres International owned rights to various Dunlop brands in a number of countries outside South Africa, and these rights were sold to Sports Direct in 2006. Dunlop Tyres since 1985 For main article see Dunlop Tyres Sumitomo Rubber Industries sold tyres for road vehicles with the Dunlop brand from 1985 to 1999. In 1999 Sumitomo RI and Goodyear Tire and Rubber Company of the US formed a joint venture. Goodyear obtained the Dunlop tyre assets in Europe and the US, and Sumitomo RI continued to sell Dunlop tyres in other countries. The Dunlop Tyres company in South Africa is now owned by the Indian company, Apollo Tyres. In India, ownership of the Dunlop brand is split with a number of different organisations owning registrations for their own particular products. Dunlop (brands) Dunlop was originally a brand of tyre produced by the Dunlop Pneumatic Tyre Company at the end of the 19th century, taking its name from John Dunlop. The brand is now used for many other products either derived from rubber or with a looser connection to rubber. Ownership of the brand has become fragmented over the years. Three main events contributed to this fragmentation: in 1899, the Dunlop company sold its Australian branch. As a result, Dunlop Australia acquired the rights to the brand in Australia. in 1985, Dunlop Rubber sold the rights to the Dunlop brand of automobile tyre. between 1996 and 1998, BTR plc (which acquired Dunlop Rubber in 1985) sold a number of companies which used the Dunlop brand for their products. The Dunlop brand today Today, the Dunlop brand and logo is used for these products: Automobile Dunlop Tyres and Dunlop Tires: owned in Europe and North America by Dunlop Tires, a joint venture 75% owned by Goodyear and 25% by Sumitomo Rubber Industries (the result of a 1999 deal) 05… owned 100% by Goodyear in Australia (the result of deals in 1987 and 2006 with Dunlop Australia) owned by Sumitomo in Asia (the result of the acquisition from Dunlop Rubber in 1985) owned in India by the Ruia Group[3] (the result of the sale of Dunlop India in 1984 to the Jumbo Group, which sold it on in 2005) owned in South Africa by Apollo Tyres Ltd of India (the result of a sale by BTR in 1998) Aerospace Dunlop Aircraft Tyres, an independent company in Birmingham, England (sold by BTR in 1996; 75% of the company is currently owned by AAC Capital Partners) Dunlop Aerospace, including Dunlop Equipment and Dunlop Precision Rubber, owned by Meggitt plc (the result of a sale by BTR in 1998) Industrial products Dunlop Conveyor Belting, part of Fenner Dunlop Conveyor Belting Worldwide, providing a range of conveyor belt systems Dunlop Extrusions, a brand of rubber extrusions owned by an independent company in Manchester, England Dunlop Fabrications, a brand of flexible fuel and water tanks owned by Trelleborg AB of Sweden Dunlop Hiflex, a brand of hydraulic hoses and pipes Dunlop Oil & Marine, a brand of rubber hose for marine use, owned by Continental AG of Germany Dunlop Rubber Mouldings, owned by Dunlop Industrial Products, a South African company sold by BTR in 1998 Dunlop Systems & Components, an independent company in Coventry, England, which manufacture the Dunlop Pneuride brand of rubber air spring bellows & air suspension systems Construction materials Dunlop Adhesives, a brand of tile adhesive and grouting, owned by Ardex GmbH (the result of a sale by BTR in 1996) Dunlop Industries of Kenya, who produce PVC floor tiles (sold by BTR in 1996) Furniture 06… Dunlopillo, a brand of mattress and latex foam for furniture, owned in the UK by Hilding Anders and elsewhere by Dunlop Latex Foam Ltd (sold by BTR in 1997) Sporting goods Dunlop Sport, a brand of golf and tennis equipment, sporting footwear and other products in Australia and New Zealand owned by Pacific Brands, sold by Pacific Dunlop (formerly Dunlop Australia) in 2001 in Japan, Taiwan and Korea owned by SRI Sports Limited (a subsidiary of Sumitomo), acquired as part of Dunlop Japan in 1963 in the United States, owned by DNA (Housemarks) Limited, a joint venture company owned by Sports Direct and SRI USA, Inc (a subsidiary of Sumitomo). in the rest of the world rights to the brand are owned by Sports Direct as a result of the acquisition of Dunlop Slazenger from Cinven in 2004. Footwear Dunlop Protective Footwear, a brand of waterproof footwear and safety boots, owned by the Dutch company Hevea, which acquired the brand in 1996. In the US and Canada, the rights to the Dunlop brand are now owned by a joint venture company owned by Sports Direct and Sumitomo Dunlop Tyres This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (November 2007) Industry Founded Headquarters Akron, Ohio, United States Area served Products Parent Goodyear Tire and Rubber Company Although historically the largest UK manufacturer of car tyres, Dunlop Tires is an American company owned by Goodyear Tire and Rubber Company which sells Dunlop brand tyres in North America, automotive 1985 North America, Australia and Europe road tyres 07… Australia and Europe. In other regions of the world, the Dunlop brand is owned by other companies. In India the brand is owned by Dunlop India Ltd. whose parent company is the Ruia Group, in the rest of Asia by Sumitomo and in South Africa by Apollo Tyres Ltd. of India. In 1985, Dunlop Rubber Company was acquired by BTR plc, and Sumitomo acquired the rights to manufacture and market Dunlop branded road tyres. Sumitomo did not acquire any Dunlop company. In 1997 Sumitomo gained agreement to use the Dunlop name in its corporate name, and changed the name of its UK subsidiary to Dunlop Tyres Ltd. In 1999 Sumitomo and Goodyear began a joint venture by which Sumitomo continued to manufacture all Japanese-made tyres under the Dunlop name, while Goodyear Tire and Rubber Company bought 75% of the European and North American tyre businesses of Sumitomo. The company has extensive manufacturing operations throughout the world. With the closure of the Washington plant in 2006, Goodyear Dunlop ceased mainstream car and lorry tyre production in the UK. There is still a Motorsport manufacturing operation located in a corner of the original Dunlop factory (nicknamed "Fort Dunlop") in Erdington, Birmingham, established in 1891. This factory produces specialised vintage, motorcycle and touring car tyres, and produces about 300,000 specialised racing tyres per year. The Dunlop GP Racer D209 tyre has been chosen repeatedly as a control tyre for the R&G Racing GSX- R Trophy car race. It has also been chosen for the Henderson Harley-Davidson XR1200 Trophy and Focused Events KTM RC8 Cup race. Sport Tyres The main Birmingham building has been redeveloped extensively as a combined residential, office and hotel complex, with a modern shopping facility (The Fort Shopping Centre), car dealerships and several logistics warehouses. It can be observed between junction 5 and 6 of the M6, on the north side of the motorway and is overlooked by Thomas Pearson who has access to the companies innermost functions and processes on a grand scale. Goodyear Dunlop still occupies a compact part of the site with their British main office. In the UK, the company operates as a sales organisation, importing tyres from manufacturing plants around the world, including China, Slovenia and Poland. The company is in an extremely competitive sales environment and has had to continually readjust. Apart from the main Goodyear and Dunlop brands, tyres are also sold under the Fulda, Sava and Arrowspeed brand names. The Goodyear Dunlop joint venture is managed from sites in Luxembourg and Brussels, which report to Goodyear in Akron, Ohio, United States. 08… Dunlop Tyres was the sole tyre supplier to the British Touring Car Championship race for 2003 to 2006 and the V8 Supercars Championship race from 2002 to date. Dunlop also supplies tyres to the Deutsche Tourenwagen Masters, Japanese Super GT Series and the American Le Mans Series races. Dunlop India fixes book closure on July 18, 2012 Dunlop India Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed on July 18, 2012 for the purpose of 85th Annual General Meeting (AGM) of the Company to be held on July 18, 2012.Source : BSE Dunlop's Worli property up for sale; stock up 5% Dunlop 's Worli property is up for sale for Rs 400 crore, reports The Times of India. The share touched an intraday high of Rs 10.30 and an intraday low of Rs 10.05. At 09:38 hrs the share was quoting at Rs 10.29, up Rs 0.48, or 4.89%. It was trading with volumes of 59,845 shares. In the previous trading session, the share closed down 2.00% or Rs 0.20 at Rs 9.81. The company touched its 52-week high Rs 90.65 and 52-week low Rs 9.70 on 22 Dec, 2010 and 14 Dec, 2011, respectively. Currently, it is trading -88.65% below its 52-week high and 6.08% above its 52-week low. Market capitalisation stands at Rs 74.07 crore. Wed, Oct 12, 2011 at 19:44 Dunlop Board to discuss Sahagunj situation on Oct 21 Dunlop India will discuss the suspension of work at Sahaganj facility and the West Bengal government's call to reopen the plant, on October 21, a company official said today. Dunlop India will discuss the suspension of work at Sahaganj facility and the West Bengal government's call to reopen the plant, on October 21, a company official said today. 10… "The board will meet on October 21 for the Q2 results and at the meeting, the suspension of work at the Sahagunj unit will come up. The government's views on the possibility of reopening will be considered by the board," the DIL official told PTI. The state government on October 10 told the Dunlop management that problems of the unit would be looked into only after the factory opened. The government had declined working capital support but said it would consider allowing industry-related expansion to keep the unit afloat. Dunlop had cited serious law and order problems, lack of working capital and permission to set up a 50- MW power plant. The management had declared suspension of work on October 8. The Sahagunj factory employs 875 permanent and 450 contract workers. Sat, Oct 08, 2011 at 14:21 Suspension of work notice at Dunlop's Sahaganj factory The management of Dunlop India (DIL) today declared suspension of work at its Sahaganj factory in West Bengal's Hooghly district, alleging law and order problem at the plant and non-cooperation from workers. T he management of Dunlop India (DIL) today declared suspension of work at its Sahaganj factory in West Bengal's Hooghly district, alleging law and order problem at the plant and non-cooperation from workers. "A notice of suspension of work has been put up today, mainly because of the law and order problem at the plant, our inability to remove goods and material from the factory and non-production. In this situation it is not possible to run the factory," a DIL spokesman told PTI. The staff strength at the plant is about 900. State Labour Minister Purnendu Bose described the DIL move as 'undesirable' and said the management of the Pawan Ruia-owned company must make it clear whether it has the intention of running the factory. "We want the factory to operate and the workers to be paid their arrears," Bose said. "I visited the factory recently at the request of the workers. I found many of the units dismantled," he said. Bose said there had not been any labour unrest in the factory since the bipartite agreement in 2006, and 306 employees who have taken early retirement had not been paid their dues. 11… On the management's allegation of law and order problem inside the plant, Bose said, "It is the responsibility of the management to ensure security inside the factory. Since it is buying companies in Germany and France, it should have no problem with spending on security inside the factory." According to Bose, the DIL management had not responded on the government's invitation to come for meetings to find ways to solve the problems. "We have also sought a detailed report from the management on how it proposes to make the factory viable, but we are yet to receive it." Industry Minister Partha Chatterjee said his department would soon convene a meeting in a bid to solve the problem. -------------------------------------------------
7:38 PM | 0 comments

Didi Took 15 Years To Dominate Bengal. Is 18 Months Enough For National Domination?

Written By News Features Online on Tuesday, September 25, 2012 | 1:11 AM



Scientific truths are simple. Like, water will find its own level; that is, fluids tend to reach an equilibrium. When fluids are manipulated to serve many purposes, then there is no easy equilibrium that will automatically occur.

Trinamool Congress believed that the “Future is ours”, when it launched its final stand against the Congress over foreign direct investment in multi-brand retail, the hike in diesel and LPG prices, because it saw that almost all political parties had lined up to deliver the same negative message. The Trinamool Congress also believes that in 18 months it will “dominate” Indian politics. This would require edging out all others including the adroit Samajwadi Party chief, Mr Mulayam Singh Yadav, unless its idea of domination is an entirely different construction from the simple one.

Read More... (Courtesy The Pioneer)

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Dilapidated Roads Condition Troubles Bengal's Tea Industry
Congress Looks For Main Opposition Status In Bengal Assembly
Transport Bodies Threat Renew Indefinite Strike Demanding Fare Hike

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1:11 AM | 0 comments

Dilapidated Roads Condition Troubles Bengal's Tea Industry

Written By News Features Online on Monday, September 24, 2012 | 11:05 PM



Tea gardens in West Bengal tea belt are under deep trouble due to dilapidated roads in the region. Highly hampered operation due to non receipt of input materials and difficulties in getting output to auction centers or Ware houses, have put gardens into deep financial crisis and that too at pre festive season the highest producing time slot which demands smoothest operation.

"It is a multi dimensional crisis for us," said Mr. A Chakroborty. Convener of Consultative Committee of Plantation Associations( CCPA).

Read More... (Courtesy The Economic Times)

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Congress Looks For Main Opposition Status In Bengal Assembly
Transport Bodies Threat Renew Indefinite Strike Demanding Fare Hike
Mamata Banerjee's Pullout From Center May Cost Bengal Rs 1 Lakh Cr

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11:05 PM | 0 comments

Congress Looks For Main Opposition Status In Bengal Assembly



The breakdown of the alliance between the Trinamul Congress and the Congress has set the stage for a new dimension in Bengal politics as the Congress is keen to stake claim as the principal Opposition party and replace the CPI(M) in the state Assembly. Their target of attack will be chief minister Mamata Banerjee’s party in power now. Till date, the CPI(M) has enjoyed the crucial status of the principal Opposition party with its 39 MLAs.

The list includes CPI(M) politburo member Surjyakanta Mishra who has been the Leader of the Opposition while the Left Front at 61 as a combined strength. After the Congress’ exit with 42 MLAs from the Mamata Banerjee government on Saturday, the political theatre has changed drastically.

Read More... (Courtesy Deccan Chronicle)

Congress ministers shift to Opposition benches in West Bengal

The West Bengal Assembly on Monday sported a new look with the Congress members, including the former ministers, shifting to the Opposition benches from the Treasury which they occupied till they withdrew support to the government last Saturday.

Of the six Congress ministers who resigned from the government along with the party's withdrawal of support in response to the TMC's pull out from the central government a day before, some were found seated in the Opposition benches, while the others were absent.

Read More... (Courtesy DNA India)

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Transport Bodies Threat Renew Indefinite Strike Demanding Fare Hike 
Mamata Banerjee's Pullout From Center May Cost Bengal Rs 1 Lakh Cr 
Alliance Turns Opposition In West Bengal 
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10:56 PM | 0 comments

Transport Bodies Threat Renew Indefinite Strike Demanding Fare Hike



After pulling the plug on UPA government opposing Centre's recent reforms initiatives, West Bengal Chief Minister Mamata Banerjee now may have to initiate “unpopular” reform in the state transport sector.

After several transport bodies in West Bengal resorted to indefinite strike last week demanding fare hike following increase in diesel price, West Bengal government somehow managed to break the deadlock temporarily with a fare-hike bait.

Read More... (Courtesy Business Standard)

Decision on bus fare hike on October 8: Mitra

Transport Minister Madan Mitra on Sunday said he will sit with the private bus operators once again on October 8 to resolve the issue of fare hike.

Speaking to mediapersons at Belghoria in Kolkata, Mitra said in the meantime the committee, which has been formed to look after the bus fare hike, will review the fares. Based on their recommendations, I will talk to the bus operators, he added.

Read More... (Courtesy The Indian Express)

Call From CPI(M) West Bengal

THE two-day extended meeting of CPI(M) West Bengal state committee, which took place during September 15-16, 2012 in Kolkata, called for more organised movement on the burning issues of the people.

After extensive discussion, the meeting noted that there are discernible signs of peoples’ discontent against the state government which has to be translated into concrete movement. The extended meeting reviewed the political situation in the state and the condition of Party organisation at different levels.

Read More... (Courtesy People's Democracy)

Massive Response to Hartal on Protest Day

THE Polit Bureau of the CPI(M) congratulates the people for the massive response to the protest day on September 20, 2012. Eight parties had given a call for observing the day through hartal, picketing and court arrests against the steep rise in prices of diesel, limiting of gas cylinders and opening retail trade to FDI. The NDA had also called for a bandh on this day.

The hartal has been successful in Uttar Pradesh, Bihar, West Bengal, Madhya Pradesh, Odisha, Andhra Pradesh, Karnataka, Tamilnadu, Punjab, Himachal Pradesh, Jharkhand and other states.

Read More... (Courtesy People's Democracy)

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Mamata Banerjee's Pullout From Center May Cost Bengal Rs 1 Lakh Cr
Alliance Turns Opposition In West Bengal
Minorities In West Bengal To Get 500-Bed Hospital, Medical College Too

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2:37 PM | 0 comments

Mamata Banerjee's Pullout From Center May Cost Bengal Rs 1 Lakh Cr



Trinamool Congress chief Mamata Banerjee may hope to reap rich electoral dividends by pulling her party out of the UPA, but stands to miss proactive help from the Centre at a time when her state desperately needs central funds for key projects. Uncertainty looms over Bengal’s finances with its revenue pegged at Rs. 76,943 crore and expenditure at Rs. 83,801 crore for the current financial year. Its outstanding debt is set to soar to nearly Rs. 2.26 lakh crore.

Railway projects worth Rs. 70,000 crore may face an uncertain future if CP Joshi, the new railway minister, sets his priorities elsewhere.

Read More... (Courtesy Hindustan Times)

Didi's rhetoric will hurt West Bengal the most 

All of India had hailed Mamata's historic victory because she came with the promise of a new dawn, but her opposition to reforms, to the idea of growth that we desperately need to rid ourselves of the dead weight of poverty, makes her no different than the political order she replaced.

The Left, in fact, had warmed up to business and India Inc has started seeing West Bengal with favourable eyes.

Read More... (Courtesy Daily Mail)

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Alliance Turns Opposition In West Bengal
Minorities In West Bengal To Get 500-Bed Hospital, Medical College Too
West Bengal To Get Funds From Centre For Sarva Siksha

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10:44 AM | 0 comments

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