-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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Funds flow via maze into Gadkari firms -Josy Joseph
-The Times of India The questions over the source of funds to Nitin Gadkari's Purti Power and Sugar Ltd have deepened, with investigations revealing that money flowed in from a multi-layered maze of companies registered all over India. A TOI report on Tuesday had mentioned some two dozen companies, many with unverifiable addresses, whose directors included Gadkari's driver and astrologer. A closer look at the documents filed with the Registrar of Companies reveals...
More »Delhi and Mumbai in world’s top four urban sprawls -Dipak Kumar Dash
-The Times of India Delhi, which was not even among the world's top ten urban sprawls by population in 1990, is already the second largest behind Tokyo and will continue to retain that position till 2025, according to a UN projection. Mumbai, which was at No. 5 in 1990, has climbed to the fourth spot and will be No. 3 in the next 13 years. The projections made in the UN's recent...
More »Questions swirl around source of funding of Gadkari's firm -Josy Joseph, Anjaya Anparthi, Abhishek Choudhari & Shishir Arya
-The Times of India NEW DELHI/ NAGPUR: Grave questions have surfaced over the source of funds for Purti Power and Sugar Ltd, controlled by BJP president Nitin Gadkari. Investigations reveal significant investments and large loans to Purti by a construction firm, Ideal Road Builders (IRB) Group, which had won contracts between 1995 and 1999, when Gadkari was the PWD minister in Maharashtra. Besides IRB Group, the other significant shareholders in Purti are...
More »Mamata Banerjee's doublespeak on land acquisition -Saugata Roy
-The Times of India Kolkata: Chief Minister Mamata Banerjee may root for a hands-off policy on land acquisition, but her Cabinet approved acquisition of 64 acre land for a power project at Dalkhola in West Bengal's Uttar Dinajpur in May. Her political rivals are backing farmers protesting against the state government's land acquisition bid. Forward Bloc MLA from Chakulia Ali Imran Ramz has planned a Nandigram-like stir against the state government. "The...
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