27 August, 2007

Tata Motors to pay Rs 855 cr for 90-yr Singur land lease

KOLKATA: Tata Motors on Monday informed the Calcutta High Court it will pay Rs 855.79 crore to West Bengal Industrial Development Corporation (WBIDC) as rent over the 90 years of lease for its car plant at Singur, even as a petition challenging land acquisition claimed that the state had gone beyond its jurisdiction to give land to the company.

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