Motors has resolved all issues on compensation with the component vendors for theproject. After the resolution of the issue , most vendors are expected to shift their facilities to the vendor park in Sanand , Gujarat by March 2010. The Sanand plant will start operations in 2010.The compensation issues were related to the fresh investment some vendors had to make at the Sanand facility , when they had...
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Nano vendor base is going to be greatly benefitted in next few years. Nearly every car major automaker in the country is planning to launch a small car model in India and other emerging markets. OEMs like Toyota, Honda, Nissan, Renault and Volkswagen are approaching these vendors for supplying parts for their upcoming small car models.There are nearly seven small car models slated for India launch...
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Nearly 60 vendors will move to the vendor park at Tata Nano’s Sanand plant by March next year. The rollout of the car is set for the January to March quarter, and vendors will feed the plant at existing locations till they shift.A company spokesperson confirmed the production planning was on schedule and the rollout is on track. Sanand is about 35 km from Ahmedabad.Rajkot-based Amul Industries, exclusive...
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Anti Corruption Bureau (ACB) of the Central Bureau of Investigation (CBI) arrested a head clerk of the Western Railway while accepting a bribe of Rs2 lakh on Monday. Four others who connived with him have also been arrested. The clerk, SH Mahendra Kumar, promised a vendor that he would waive off Rs40 lakh the vendor owed to the railways as penalty, if he could cough up a bribe.To convince the vendor,...
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Municipal Corporation of Delhi has announced plans to go ahead with its long-pending scheme for bio-cryptic registration of hawkers and street vendors in the Capital.Making the announcement, Delhi Mayor Kanwar Sain said: “We will be starting the survey, registration and preparation of bio-cryptic photo identity cards from next month. It will help in creating a comprehensive data base of squatters and...
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Tata Motors announced last week that all compensation issues with the Tata Nano’s component vendors had been resolved. Vendors are expected to shift their production units to Sanand, Gujarat by March 2009. After Tata Motors decided to move the manufacturing facility of the Nano from West Bengal to Gujarat in October 2008, there had been some uncertainty regarding how vendors would be compensated. A...
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Fish vendors waiting for the boats to land on the Punnapra beach, near Alappuzha, recently.©...
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Municipal Corporation of Delhi (MCD) will soon start survey,registration, preparation of bio-metric, bio-cryptic photo identity cards, workrelating to comprehensive three dimensional coverage and creation of data baseof squatters and vendors engaged in tehbazari and squatting activities fromDecember, 2009.According to mayor Dr Kanwar Sain, there is a need tocreate database of all the hawkers and vendors...
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Wal-Mart offers clothing vendors a way to get paid faster amid retail financing anxietyWal-Mart Stores Inc., the world's biggest retailer, is offering its clothing vendors a faster way to get paid that could change how struggling retailers and vendors do business together.Wal-Mart, based in Bentonville, Ark., told its more than 1,000 clothing suppliers this month that they can be paid within 10 to...
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NEW DELHI: Tata Motors today said it has sorted out differences with vendors regarding the compensation issues arising out of its decision to shift the Nano plant from Singur. "The issues have been resolved with the companies (vendors) internally. Vendors are in line to set up their facility in Sanand," Tata Motors President (Passenger Car) Rajiv Dube told reporters while showcasing Indigo Manza here....
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