News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 14 years ago
Home  » Business » Infosys to get 50 acres in West Bengal

Infosys to get 50 acres in West Bengal

By Rajat Roy & BS Reporter
Last updated on: March 31, 2010 14:14 IST
Get Rediff News in your Inbox:

After Wipro, now Infosys has also agreed to set up its campus at Rajarhat, New Town. Bengal housing minister Goutam Deb on Wednesday said that Infosys had agreed to accept the land offered to them by the state government and everything would be finalized within the next few days in consultation with the state IT minister Debesh Das.

The housing minister disclosed that Infosys would be given 50 acre at Rajarhat. Last year, the state government had to scrap its proposed IT park after its co-promoters got involved in the Vedic Village land scam. Both Infosys and Wipro were supposed to be setting up their campuses in that IT park.

However, chief minister Buddhadeb Bhattacharjee urged his cabinet colleagues to look for alternate land to accommodate the two IT giants.

Accordingly, 50 acre was given to Wipro at a price of Rs 75 crore in November last. Infosys was also offered a plot of similar size but the company had company had deferred expansion plans in the wake of the economic slowdown.

Get Rediff News in your Inbox:
Rajat Roy & BS Reporter
Source: source
 

Moneywiz Live!