The Tatas and West Bengal government believe that the Singur project will not take off, reports CNBC-TV18, quoting sources. The Tatas have started removing equipment plant parts 10 days back, the sources further stated.
Sources have also said that It\\`s a long process and it will take some time. If the sources are to be believed then the Tatas will begin pulling out Singur in the next few days. The Pune plant will roll out 1000 Nanos by mid-october, sources added.
CNBC-TV18 Disclaimer:
This information is source-based and has not been provided to the stock exchanges.
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comments
Tatas will definitely lose a lot of money, but its a pinchful of sand in the desert. Biggest losers are people of Bengal, who would have got huge employment.
i think there is no doubt that Tata will lose some amt of money but then it will get it back in less than a year...
but the ppl of West Bengal have lost an opportunity of a life time.... ya thats true this industry would have not only generated employment but also opened the gates for future such proposals, but now everything is finished.....
yes friends, it was estimated that TATA will loose 500Cr in shifting the machinery from WB, and its yearly Net Profit at 5000Cr. Just a 10% reduction in profit.
The biggest loser is the Lefties, and so WB People.
The next time, the lefts vote bank will get collapsed.
Its very clear that nobody lost anything but Mamta Didi got more than what she wanted!!
Hip hip Hurry!!
Mamta Didi Amar Rahey!!!
May we have more and more Mamta Didis across India, so that we can save poor farmers lands and their bullock carts and ensure that NO company big or small will EVER be ABLE TO SNATCH their Livelyhood ie Bonded Labor AWAY atleast for 10000 years to come!!!
(WHAT A PATHETIC LADY!!)
I remember, once supreme court chief justice told, "Even God cannot save our country".
Pride Indians, P*G Politicians!
What a bunch of Losers - they must have lost thosands of jobs and the rejuvenation of the area!
You have to be a big time loser - to say No TO TATA!
Mamata has just proved once again that the politicians/pigs have no business but to destroy the future of the ppl....
they have ruined the country and they will keep doing their job of destroying us in many more years to come....
But denny, mamta have done what Lefties are doing elsewhere.
And the Left is now feeling the pain of their swords...
After all, they are also P**S.
all of the are pigs and a pain in the asses for the normal people.... i wish when all of them would either die or take a sanyaas....