CMC keeps Reliance waiting
The Calcutta Municipal Corporation (CMC) has pressed the pause button on the Park Circus market's handover to Reliance despite taking Rs 30.33 crore from the company five months ago. The civic body seems to have frozen the move for political reasons, though there has been no official statement yet on why it has not kept its part of the deal. "Given the outcome of the panchayat elections, the message from the CPM headquarters on Alimuddin Street is to go slow on the transfer,' a source in the CMC said.