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Tata Motors, India awarded INR 7.69 billion compensation from WBIDC for Singur plant

On October 30, Tata Motors Limited (TML) announced that the pending arbitral proceedings between TML and West Bengal Industrial Development Corporation Limited (WBIDC) in relation to TML’s claim of compensation from WBIDC on account of the loss of capital investments i.e., the automobile manufacturing facility at Sin....

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