Modi in his speech in Kolkata felt that India's federal structure is being overlooked by the UPA government in Delhi, and that West Bengal and Gujarat have common problems to face
Gujarat chief minister Narendra Modi was critical of the UPA government at the Centre in today’s context, and the Congress rule in Gujarat before he took over as chief minister. He felt that the Trinamool Congress government in West Bengal has similar problems after years of CPI (M) rule. “In Gujarat, I spent 10 years in filling potholes which the Congress created ... here, they (Left government) made potholes for 30 years but the present (Mamata Banerjee-led) government is going in the right direction,” Modi said. He was sharp in his words on the Central assistance, “The federal structure is being toyed with. UPA states are getting beneficial treatment.” He traced back to the BJP government at Delhi and said, “During Atalji's time, when the left ruled Bengal, not once did the state government complain of unfair treatment.”
Modi closed the argument on Centre-state relations for development projects by saying, “The Government of India cannot be biased towards states. It should form rules which it thinks are right.” On credit taken for achievements, he said, “If a state does something good, the Government of India rushes to take credit, but in times of difficulty, all blame is put on the states.”
Modi made a happy entry into West Bengal and made his first speech to the members of the Indian Chamber of Commerce, MCC Chamber of Commerce and Industry and Bharat Chamber of Commerce in Kolkata after visiting Dakshineswar Kali Temple and Belur Math. He remarked, “I feel I can learn a lot from Kolkata and take those things back to Gujarat.” Rajiv Mundra, president of Indian Chambers of Commerce, Ashok Aikat, president, Bharat Chamber of Commerce and prominent businessman Deepak Jalan were there in Kolkata to host Modi.
He was all-praise for West Bengal saying, “Knowledge era came to Bengal in the 18th and 19th centuries. Today, the world talks about the 21st century as the Century of Knowledge.” Modi added, “I am glad to have had these experiences in the 150th birth anniversary year of Swami Vivekananda.”
Encouraging industrialists at his Kolkata venue, Modi said, “Bengal's development will lead to the development of Eastern and North-eastern India.” For the media covering his speech his remark was, “request the media to think that I am speaking in Ahmedabad so that there will be no comparison between governments.”
Speaking on the problems faced by Gujarat, Modi said, “Gujarat has desert, we face water scarcity, only Narmada and Tapti are perennial rivers.” Yet, Gujarat has done reasonably well. He pointed out, “Government of India has not been able to achieve 4% agri growth. Gujarat's average growth rate for the last decade has been 10%.” He said that Gujarat has worked hard to try to attract investment from industrialists present in his home state. He concluded his speech with thunderous applause.
Lastly, Modi’s remark on Bengal being a more attractive tourist destination than Gujarat may be recalled with his words, “Like Durga Puja, we have navaratri, people from all over the world come to see Durga puja, but not Navaratri.”
The acquisition will enhance TCS’ ability and footprint to service its customers in France and other regions in Europe
IT services major Tata Consultancy Services (TCS) said it will acquire France-based enterprise solutions provider Alti SA for 75 million euro (about Rs533 crore) in an all-cash deal.
The acquisition will help transform the Indian IT services company into a major player in France, the third-largest IT services market in Europe, and provide the firm access to blue-chip French and European clients in banking, luxury, manufacturing and utilities sectors.
TCS in a release said “...it has signed definitive agreements for the acquisition of 100% equity shares in Alti SA, an IT services company in France, for a value of 75 million euro in an all-cash transaction.”
The acquisition will enhance TCS’ ability and footprint to service its customers in France and other regions in Europe, it added.
Assessed at over 30 billion euro, the France IT Services market is the largest in Europe, after the UK and Germany. TCS has been operating in France since 1992 and has over 50 clients in the country.
Alti SA is a leading French technology services firm with expertise in IT services including Enterprise Solutions, Assurance and CRM solutions. It is a privately-held company owned by its management and two private equity funds, CM-CIC LBO Partners and IDI, which supported its growth from a revenue base of 64 million euro in 2007 to 126 million euro in 2012.
Regarded as one of the top five system integrators of enterprise solutions in France, Alti’s key customers comprise several top French corporations in the banking, financial services, luxury, manufacturing and utilities sectors.
The company has 1,200 employees based in France, Belgium and Switzerland.
TCS was trading at Rs1,505 per share on the NSE in noon trade, up 1.64% over its previous close.
An arbitrator asked BSNL to pay a compensation of Rs5,000 to a consumer for poor internet services
The arbitrator of the Department of Telecommunication (DoT) has awarded a compensation of Rs5,000 to a consumer for providing poor internet services. Lucknow-based Amitabh Thakur, an officer from the Indian Police Service (IPS), was awarded Rs4,000 as compensation for poor internet services and Rs1,000 as expenses from Bharat Sanchar Nigam (BSNL).
Thakur filed several complaints with the state-run telecom company about improper functioning of his phone and Wi-Fi internet services. After failing to evoke any response from BSNL, he then sought appointment of an arbitrator under Section7-b of the Indian Telegraph Act (ITA).
On 18 May 2012, SS Singh, deputy director general at DoT appointed Lucknow-based VP Singh, deputy director general (TERM) as arbitrator in this case.
During the hearing, while Thakur demanded compensation for improper services, BSNL stated that there was no such provision or precedence of provision in the ITA.
The arbitrator found negligence on the part of BSNL in providing a reasonable quality of service. He then asked the state-run telephone service provider to pay the complainant (Thakur) a compensation of Rs4,000 for poor services and Rs1,000 towards postage and other expenses.