-The Hindu Have Emami and Karuturi bitten off more than they can chew in their land quest? Indian companies which invested in controversial deals involving hundreds of thousands of acres of land in Ethiopia have found themselves out of their depth in a fast-growing African economy that is still in the process of building critical transport and irrigation networks. Documents related to one such transaction reveal how Emami Biotech, a subsidiary of the...
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Naveen Jindal says sting shows ‘extortion bid’ by Zee -Archna Shukla
-The Indian Express Alleging an extortion bid by Essel Group chairman Subhash Chandra and senior executives of news channels owned by his group, Congress MP and Jindal Steel and Power Ltd (JSPL) chairman Naveen Jindal Thursday released video clips which purportedly show that the media group sought a Rs 100-crore advertising deal for not airing adverse reports against JSPL on the coal block allocation controversy. The video clips purportedly show Zee News...
More »Jindal plays CD, claims Zee editors demanded Rs. 100 crore -Priscilla Jebaraj
-The HIndu In what’s being called a reverse sting, Jindal Steel and Power Ltd (JSPL) chairman Naveen Jindal has released video recordings which allegedly show Zee editors trying to extort Rs. 100 crore in return for the channel not airing damaging stories on coal block allocations involving his company. In a counter-offensive, Zee claims that it was JSPL which offered to pay the channel. At a dramatic press conference on Thursday, Mr. Jindal,...
More »MGNREGA badly needs overhaul-V Ramakrishnan and Mukul Asher
-The Business Standard The rural jobs scheme can boost productivity in farm and textiles sector. There is mounting evidence that Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) of 2005, under which 100 days of guaranteed wage employment a year was to be provided to target households, is failing to meet its stated objectives. The total cumulative expenditure since 2005 under the MGNREGA is officially estimated to be Rs 1,50,000 crore, and the...
More »Delhi govt saved Rs 30,000 cr by privatising power sect:report
-The Indian Express The privatisation of power sector in Delhi has been very successful and it has resulted in saving of around Rs 30,000 crore by the city government in last ten years, a report has said. The report by SBI Cap Securities on the power sector came amid an outcry over hike in power tariff in the city by nearly 50 per cent in the last one year. The report, which examined...
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