cpi-m-targets-wb-govt-after-hindustan-motors-suspends-operations-at-uttarpara

CPI (M) targets WB Govt after Hindustan Motors suspends operations at Uttarpara

Kolkata, May 25 (ANI): The CPI (M) on Sunday targeted the TMC led West Bengal government, over the suspension of work declared at the Uttarpara plant of Hindustan Motors in West Bengal, by its owners. Party leader Shyamal Chakraborty said that the West Bengal government is not looking at the problems of the workers who have not got their salary for the past 6 months. The CK Birla owned auto flagship Hindustan Motors, which has been making iconic brand- Ambassador, on Saturday declared suspension of work at its Uttarpara plant. The company sent a notice to this effect to stock exchanges citing low productivity, large accumulation of liabilties, critical shortage of funds and lack of demand for the core product-Ambassador cars as the reasons for the shut down. May 25, 2014
bse-closes-points-78-86-down-on-may-21

BSE closes points 78.86 down on May 21

New Delhi, May 21 (ANI): Trading at the Bombay Stock Exchange today closed 78.86 points down to stand at 24,298.02. At the National Stock Exchange the Nifty closed 22.60 points down to stand at 7,252.90. Essar Oil and IFCI were among the top gainers of Group A with an increase of 14.30% and 13.09% along with Torrent Power and MMTC with an increase of 12.24% and 11.33% respectively, while the top losers of Group A include Hindustan Zinc and Adani Ports with a decrease of 4.16% and 3.96% along with Ultratech Cement Ltd. and Idea Cellular with a decrease of 3.58% and 3.36% at the close of the markets. The Auto sector is up 71.31 points at 14,321.80 while the banking sector is down 184.51 points at 17,119.75 and the realty sector is up 34.13 points at 1,834.60. The Indian currency is down 0.29% at Rs 58.80 per dollar. May 21, 2014