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Nano’s scrapped Singur plant: Bengal...

NEW DELHI: Tata Motors on Monday...

Nano’s scrapped Singur plant: Bengal govt told to pay Rs 766 crore compensation to Tata Motors

NEW DELHI: Tata Motors on Monday announced that they have secured an arbitral award amounting to Rs 765.78 crores as compensation for their investment in the now-defunct Singur plant."The aforesaid pending arbitral proceedings before a three-member Arbitral Tribunal has now been finally disposed of by a unanimous award in favour of Tata Motors Limited (TML) whereby the claimant(TML) has been held to be entitled to recover from the respondent (WBIDC) a sum of Rs.765.78 crores with interest thereon @ 11% p.a.from September 1, 2016 till actual recovery thereof,"...

Karl Jörg - October 30, 2023

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Nano’s scrapped Singur...

NEW DELHI: Tata Motors on Monday announced that they have secured an arbitral award amounting to Rs 765.78 crores as compensation for their...

Karl Jörg - October 30, 2023

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