logo
1st time in her 14 years as CM, a Tata Group chairman calls on Mamata Banerjee

1st time in her 14 years as CM, a Tata Group chairman calls on Mamata Banerjee

Time of India10-07-2025
KOLKATA:
chairman
came down to Nabanna on Wednesday to meet
- the first time a Tata Group chairman has done so in her 14-year tenure as West Bengal CM - to discuss future investment in the state.
Tired of too many ads? go ad free now
Chandrasekaran met Banerjee for about an hour at the latter's 14th-floor office, also marking the first face-to-face conversation between a Bengal CM and the Tata Group's senior-most executive since the group's forced exit from Bengal in 2008 amid the tumultuous Singur agitation (which was led by Banerjee, then the state's principal opposition leader).
The Tata Group has a strong presence in Bengal through multiple entities - like
, Tata Hitachi,
and Tata Global Beverages (formerly Tata Tea).
There was no official communication from the administration on the subject of Wednesday's meeting but Nabanna seniors said it revolved around the availability of large land parcels in the state. Another topic that the discussion might have explored was the possibility of a direct Air India flight to Europe, they added.
Chandrasekaran holds the post once held by
for close to two decades, and then by Cyrus Mistry. Banerjee has never met either Tata or Mistry after taking over as Bengal CM.
The Tata Group (and
) chairman was accompanied by Confederation of Indian Industry director-general Chandrajit Banerjee. State chief secretary Manoj Pant, too, was present. Chandrasekaran left the city after the meeting, officials said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

GST reforms: CII hails PM Modi's move; calls it a ‘visionary' step for businesses
GST reforms: CII hails PM Modi's move; calls it a ‘visionary' step for businesses

Time of India

time15 hours ago

  • Time of India

GST reforms: CII hails PM Modi's move; calls it a ‘visionary' step for businesses

Representative image The Confederation of Indian Industry (CII) has hailed the forthcoming reforms to the Goods and Services Tax (GST) announced by Prime Minister Narendra Modi during his Independence Day address from the Red Fort. Chandrajit Banerjee, director general of CII, said in a statement, 'On behalf of Indian industry, CII warmly welcomes the Hon'ble Prime Minister's visionary announcement of next-generation GST reforms. This landmark step reflects the Government's deep commitment to building a simpler, more transparent, and growth-oriented tax regime that will empower businesses and benefit consumers alike.' As per news agency ANI, the Prime Minister revealed that a high-powered committee will be set up to review and recommend comprehensive changes to the GST framework. CII called the move 'timely and forward-looking', noting it would help the tax system keep pace with India's fast-changing economy while ensuring stability for investors and entrepreneurs. The industry body welcomed several long-standing suggestions it had championed, including a shift towards a two-rate structure, alongside a separate rate for demerit goods, to simplify the system. CII also backed the correction of inverted duty structures in manufacturing, the reduction of compliance requirements for MSMEs, and the assurance of stable tax rates to boost investor confidence. Banerjee said these measures could significantly improve ease of doing business, cut costs, and speed up economic formalisation and digitisation. The proposed rationalisation of rates, lowering taxes on essential items and adjusting higher rates for luxury and sin goods, was described as a 'balanced approach of equity and efficiency' that would benefit both consumers and government revenue. Since its launch, GST has unified India's market, reduced tax cascading, and created a technology-driven compliance process. According to CII, the reforms mark the beginning of a 'GST 2.0' era, aligned with global standards and supportive of India's $5 trillion economy target. According to ANI, government sources stated that the Centre is considering removing the 12% and 28% GST slabs, retaining only the 5% and 18% rates. Around 99% of items in the 12% category could move to 5%, and nearly 90% of goods in the 28% slab may shift to 18%. CII praised the inclusive approach of the government and pledged to work with the finance ministry, GST Council, and stakeholders for smooth implementation. 'These measures will strengthen India's economic foundations, enhance investor confidence, and position the country among the world's most competitive and resilient economies,' Banerjee concluded. Stay informed with the latest business news, updates on bank holidays , public holidays , current gold rate and silver price .

AI Express To Start Flights To Ahmedabad, Chandigarh, Dehradun In Sept, Check Details
AI Express To Start Flights To Ahmedabad, Chandigarh, Dehradun In Sept, Check Details

News18

time18 hours ago

  • News18

AI Express To Start Flights To Ahmedabad, Chandigarh, Dehradun In Sept, Check Details

Last Updated: There will be two daily flights on the Ahmedabad-Bengaluru and Chandigarh-Bengaluru routes, and daily flights between Dehradun and Bengaluru. Expanding its operations, Air India Express will start flights to Ahmedabad, Chandigarh and Dehradun from September. The airline, which has a fleet of 116 planes, operates over 500 flights daily. 'With the addition of Ahmedabad and Chandigarh from September 1, 2025, and Dehradun from September 15, 2025, Air India Express will operate across 41 domestic and 17 international destinations," the airline said in a release on Thursday. There will be two daily flights on the Ahmedabad-Bengaluru and Chandigarh-Bengaluru routes, and daily flights between Dehradun and Bengaluru. Air India Express Managing Director Aloke Singh said that having flights to the new destinations are part of a broader strategy to open new opportunities in high-potential markets. The Tata Group-owned carrier has 76 Boeing 737s and 40 Airbus A320s. . view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Bengal CM Mamata Banerjee meets Governor Bose at Raj Bhavan on Independence Day
Bengal CM Mamata Banerjee meets Governor Bose at Raj Bhavan on Independence Day

News18

timea day ago

  • News18

Bengal CM Mamata Banerjee meets Governor Bose at Raj Bhavan on Independence Day

Agency: Kolkata, Aug 15 (PTI) West Bengal Chief Minister Mamata Banerjee on Friday met Governor CV Ananda Bose at the Raj Bhavan here on the occasion of the country's 79th Independence Day and exchanged pleasantries, officials said. On her arrival, Banerjee was greeted by Bose and his wife. Banerjee was accompanied by Assembly Speaker Biman Bandyopadhyay and Chief Secretary Manoj Pant. During the visit, the CM exchanged pleasantries with several dignitaries, including Left Front Chairman Biman Bose and veteran Congress leader Pradip Bhattacharya. While leaving, Banerjee told reporters, 'Independence Day belongs to everyone, it is not the day of political differences." PTI SUS MNB First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store