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#101 | |
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Registered User
Join Date: Jun 2006
Posts: 169
Likes (Received): 0
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Infosys keen on Kolkata campus
Another and most recent news on Infosys coming to Kolkata !!!
Why don't they go to the suburb like Kalyani or something like that. Then along with the proposal they can ask government to setup IT complex there and good road infrastructure with Kolkata etc. etc. That would be good for West Bengals's economy as well. They should not expect a price of 8 lakhs to 30 lakhs per acre in Rajarhat. This is unfair. Anyway, here is the story: Quote:
http://economictimes.indiatimes.com/...ow/1822956.cms
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------------------------------------------------------------------------------------------------------- "We reap what we sow. We are the makers of our own fate. The wind is blowing; those vessels whose sails are unfurled catch it, and go forward on their way, but those which have their sails furled do not…. Is that the fault of the wind?" - Swami Vivekananda. |
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#102 | |
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By the ocean
Join Date: Jun 2004
Posts: 24,291
Likes (Received): 753
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![]() I have never understood why Infosys needs huge tracts of lands to build campus style projects in our land starved country. While it is their prerogative as to what they want to build, they should re-examine their opposition to highrise office towers. BTW the Salim Group is in news again... West Bengal Govt. unveils infrastructure projects http://www.hindu.com/thehindu/holnus...0607311763.htm Quote:
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#103 | |
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By the ocean
Join Date: Jun 2004
Posts: 24,291
Likes (Received): 753
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March Towards Glory
Has Kolkata emerged as the next manufacturing hub in the East? http://www.dqindia.com/content/speci.../106060903.asp Quote:
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#104 | |
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Registered User
Join Date: Jun 2006
Posts: 169
Likes (Received): 0
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Quote:
I guess they plan to go to real estate business someday
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------------------------------------------------------------------------------------------------------- "We reap what we sow. We are the makers of our own fate. The wind is blowing; those vessels whose sails are unfurled catch it, and go forward on their way, but those which have their sails furled do not…. Is that the fault of the wind?" - Swami Vivekananda. |
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#105 | |
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By the ocean
Join Date: Jun 2004
Posts: 24,291
Likes (Received): 753
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#106 | |
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By the ocean
Join Date: Jun 2004
Posts: 24,291
Likes (Received): 753
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Why is Infosys buying so much land?
http://www.rediff.com/money/2006/jul/25infy.htm Quote:
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#107 | |
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Keep On Movin Now!
Join Date: Nov 2005
Location: Chennai
Posts: 1,490
Likes (Received): 0
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Somehow i am not able to agree to the comments of Reghu Kumar. "Everybody is suffering , so u dont enjoy" logic sucks
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#108 | |
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quitting maths .....
Join Date: Aug 2004
Location: kolkata
Posts: 57
Likes (Received): 0
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Quote:
I have a vague feeling that when this IT business will hit a bear market all these realty will be used as a cusion. And in few daceds we will have to re structure the whole infrastructure of these places in a different way. But I guess its a sign of progressive economy, which learns from mistakes. |
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#109 |
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Keep On Movin Now!
Join Date: Nov 2005
Location: Chennai
Posts: 1,490
Likes (Received): 0
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Nobody who could afford to buy acres of land in manhattan would have bought it with a business plan of "throwing garbage on it".
Worst Case: Even if they have a cusion (after IT hits bear market) and put it good use that will improve the economy, I be happy. That better than the govt holding these lands and putting it to improper use today. |
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#110 | |
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Registered User
Join Date: Jun 2006
Posts: 169
Likes (Received): 0
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Quote:
But, we all should agree that India does not have luxary to waste land. Government may not utilise the land properly (atleast it has not been prudent in the past), but government can lease such land for park or industry or many different activities to other private promoters. Atleast that piece of land could be used for some public interest. It seems to be idealistic, but today only Infosys is such land hungry. Just think, if tomorrow all other big companies starts pressurising goverments for big chunk of land, can India really afford that ? So, atleast for the easy solution, governments must not transfer the ownership of the land. It should only lease the land for specific business purpose. If tomorrow Infosys is out of business, they should return the land back to government. They should not be allowed to make profit out of that land what they once bought at one-tenth of the market price.
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------------------------------------------------------------------------------------------------------- "We reap what we sow. We are the makers of our own fate. The wind is blowing; those vessels whose sails are unfurled catch it, and go forward on their way, but those which have their sails furled do not…. Is that the fault of the wind?" - Swami Vivekananda. |
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#111 |
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Registered User
Join Date: Feb 2005
Location: Toronto
Posts: 3,344
Likes (Received): 9
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Bengal inks Rs 90,000-cr deal with Indonesian co.
Bengal inks Rs 90,000-cr deal with Indonesian co.
Kolkata: West Bengal government’s agreement with a consortium of Indian and foreign promoters on Monday for building India’s biggest infrastructure-cum-industrial project is estimated to cost up to Rs 90,000 crore. Indonesia’s Salim group is teaming up with India's realty major Unitech and Universal Success Group for taking up the project, to be completed over the next 15 years, sources in the know of the development said here. New Kolkata International Development Pvt Ltd, the SPV floated by the private partners, will among other things build a chemical industrial estate spread over 10,000 acres, a multi-product SEZ on 12,500 acres and a SME industrial estate on 400 acres, besides an expressway and a bridge. The 170-km expressway, connecting North 24 Parganas district with East Midnapore, is alone expected to cost Rs 1,700 crore and the four-lane road bridge over river Hooghly between Raichak in South 24 Parganas and Kukrahati in East Midnapore another 1,700 crore, sources said. Besides, another Rs 3,430 crore would be spent on social infrastructure and increasing land productivity. The consortium promoters are to pay Rs 500 crore to the state government as guarantee money within the next 45 days and also pay upfront for land acquisition. Initial investment for the project is likely to come from internal accruals, sources said. Although the equity structure of the partners in the SPV is likely to be decided only in the next few weeks, they said that the holding would be more or less on equal keel. The project, which when fully completed would take up 40,000 acres of land, also involves development of a residential-commercial complex on 5,000 acres in Kukrahati, a residential complex on 3,750 acres in Baruipur and a township in Bhangar, South 24 Parganas district. New Kolkata International Development Pvt Ltd would also develop commercial blocks, including stalls, to be handed over to marginal farmers among the land losers. Institutes to impart training to land losers would also be set up and run by the consortium for five years, besides reserve five per cent of beds in hospitals in Health City in Bhangar township for land losers and BPL families. Five per cent of seats would also be reserved for members of families who have lost their land to the project. PTI GREEN SIGNAL Indonesia’s Salim group is teaming up with Unitech and Universal Success Group for taking up the project The partners will build a chemical industrial estate spread over 10,000 acres, a multi-product SEZ on 12,500 acres and a SME industrial estate on 400 acres, besides an expressway and a bridge Around Rs 3,430 crore would also be spent on social infrastructure. Institutes to impart training to land losers would also be set up
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The only 2 animals that can see behind itself without turning it's head are the rabbit and the parrot ~~~~~~ Pune, India ~~~~~~ North Mumbai, India ~~~~~~ |
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#112 | ||
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Keep On Movin Now!
Join Date: Nov 2005
Location: Chennai
Posts: 1,490
Likes (Received): 0
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Quote:
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#113 | |
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Registered User
Join Date: Dec 2004
Location: Kolkata
Posts: 326
Likes (Received): 14
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Quote:
In the case of WB, if Infy is not ready to pay the price for the land in new town, they can look at cheaper options further from the airport / city center with bad roads etc. Those 100 acres in new town will definitely not remain vacant. The likes of DLF,Unitech etc would gladly set up highrise complexes that can efficiently accommodate thousands of employees. I do not see any reason why the price of land should be subsidised for Infy. |
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#114 | |
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By the ocean
Join Date: Jun 2004
Posts: 24,291
Likes (Received): 753
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Quote:
Reghu Kumar is a politician. So he is just speaking in populist terms. As far as Infosys is concerned, it is in the driving seat in the land deals. Most governments will try to give land to Infosys because of its reputation as a great company. The high end employment they provide and the stunning campuses are something that no government can ignore. It's a boost to a local economy to have an Infosys campus. But Infosys too should be ready to pay market prices. It is a rich company and the money it will spend, if it buys land in New Town, will be used for development of the city only. Otherwise it should be ready to buy land in the outskirts of the city at lower prices. In an interview, I read that highrise buildings are a taboo for Infosys. Not sure why. Infosys does need to be flexible in its approach towards office space. In metro areas it should try building highrise towers instead of low rise campuses. Why cannot Infosys give India some of the best skyscrapers in the world? After all it has given India some of the best office campuses and other companies have followed the trend. Anyone in Infosys management listening? |
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#115 | |
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Fred Jones
Join Date: Feb 2005
Posts: 452
Likes (Received): 0
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Health city on cards for Siliguri
http://www.telegraphindia.com/106081...ry_6606211.asp
Quote:
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#116 | |
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Arijeet
Join Date: Feb 2006
Location: Kolkata
Posts: 5,019
Likes (Received): 51
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Quote:
No doubt the campuses of Infosys are the best in India with all the landscaping, waterbodies etc in the campuses, but again , in a space strapped country like India, companies should typically go for high rises rather than sprawling campuses. In WB, the debate over land to Infy has been going on for a year now and Infosys is still in the negotiation mode with the govt. One reason for the 'I am in no hurry' attitude could be that the company already has a big campus in Bhuvaneshwar which is being expanded as well. It can get the required talent from middle/eastern/north-eastern india into its Bhuvaneshwar campus Yes, as we have seen the presence of Infy is always good for the local economy, but may not be that significant from the company standpoint |
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#117 | |
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quitting maths .....
Join Date: Aug 2004
Location: kolkata
Posts: 57
Likes (Received): 0
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#118 | |
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quitting maths .....
Join Date: Aug 2004
Location: kolkata
Posts: 57
Likes (Received): 0
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the potato sales in west bengal goes online. now the farmars can trade their stocks through internet. I think that is a major development for the rural parts of the state.
Quote:
http://www.teluguportal.net/modules/...?storyid=10570 |
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#119 |
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K Of QC
Join Date: Feb 2006
Location: Queen City
Posts: 176
Likes (Received): 2
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I thought Kolkatta like other metros had one of the best health care services in India.here is an article which says bengalis flock to chennai for health care services.
Any particular reason ? http://www.newindpress.com/NewsItems...ennai&Topic=0& Chennai hospitals offer solace to Bengali patients Thursday September 7 2006 12:33 IST CHENNAI: It’s like a mini Bengal in the heart of the city. At Apollo Hospitals on Greams Road, 30 percent of the total out-patients and 35 percent of in-patients every month are Bengalis, seeking medical assistance in a range of departments, like cardiology, neurosurgery and oncology, among the rest. A cacophony of women in impeccably-starched cotton sarees, speaking in rapid Bengali, with the bengali babus accompanying them, are a common sight at some of the leading hospitals and nursing homes in the city. And it has been decades that Chennai has been a health hub for Bengalis seeking medical treatment at premier medical institutes in the city. Why is it that people from West Bengal overlook hospitals and nursing homes in their own state and head towards Chennai? An indignant Shirish Mukherjee (name changed on request), a heart patient from Kolkata, points out, ‘‘Government hospitals in West Bengal are doing a worthless job. And the private nursing homes are out there to mint money at the cost of patients. Hence, I decided to pay a visit to Apollo in Chennai.’’ R Gopalakrishnan, head of the department of Orthopaedics, Apollo Hospitals, says, ‘‘The Bengalis believe in perfection in all avenues of life. They come to Apollo because of the perfection in health care.’’ Similar is the scene at Sankara Nethralaya, one of the prime eye hospitals in the country. Sources in the Patient Relations department at the hospital say, ‘‘Even for simple cataract operations and eye checkups, Bengalis come here.’’ A common feature among all the major hospitals here is a special group of Bengali staff to cater to their needs. The Patient Relations department claims that the information cell which the hospital has arranged at Central Railway Station is aimed at catering to the needs of the plethora of patients who arrive in town aboard the Coromandel Express from Kolkata. On a visit to MV Diabetes Specialities Centre, you can see a lot of Bengali patients queuing up at the reception. Sivaranjani, secretary to the general manager, says, ‘‘To cater to the innumerable Bengali patients who come to us, we have trained our staff to interact with the patients in Bengali.’’ Along the length of Greams Road, one can observe a number of medical shops with Bengali name boards. Shanil of Sri Krishna Medicals explains, ‘‘Our shop is inundated with prescriptions from Bengali patients. There are patients who stay in the city for six months. In fact, there are Bengalis from Assam, Bangladesh and the Gulf countries who are patients at the Apollo.’’ The shop also has a Bengali newspaper kiosk that sells leading dailies from Kolkata, like Anandabazaar and Pratidin. Though the charges per copy are automatically hiked, the shop sells more than 400 copies a day. To provide accommodation at nominal rates for the Bengalis, Baquer Iqbal, proprietor of New Bengal Mess on Greams Road, informs that there are a host of lodges and messes tucked away at a corner of Greams Road, that cater to the middle-class communities. According to Iqbal, who also has a travel business, when the patients are completely cured, they head to pilgrimage places in the state and other nearby places. |
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#120 | |
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By the ocean
Join Date: Jun 2004
Posts: 24,291
Likes (Received): 753
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Quote:
For medical treatment, Chennai has been the city of choice for many Bengalis (who can afford the expenses) because Chennai hospitals and doctors are considered more competent and efficient. It's been like that for a long time now and people who have come back from treatment there have spread the good word about Chennai. Other popular destinations are Vellore, Pondicherry, AIIMS - Delhi and Tata - Mumbai. Things are however slowly changing in Kolkata. Apollo has already come in and so has Sankara Nethralaya. Several other private sector hospitals have opened. I have heard people say that the Apollo in Kolkata is good but the "real" thing is in Chennai. So even if they get good treatment in Kolkata, there is always this dilemma that maybe they would have had better treatment in Chennai. The new hospitals in Kolkata will need time to build a positive reputation. Chennai already has built an excellent reputation over the last few decades. |
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