Tata group chief Ratan Tata today approached the Supreme Court seeking action against those involved in the leakage of tapes containing his conversation with corporate lobbyist Nira Radia. Tata, in the petition, has contended that the leakage of the tapes have infringed upon his fundamental Right to Life, which includes right to privacy. Tata has made the Central Government a party in his petition. Some of the conversation between Tata and Radia, whose...

The Prime Minister’s Office is expected to have a tough time making up its mind on the right wages for workers under the National Rural Employment Guarantee Act (NREGA). For, the labour and rural development ministries have taken different positions on the matter. A labour ministry note sent to the rural development ministry (MoRD) says the minimum wage notified in each state — often higher than the NREGA set one —...

Each of the 18 samples of concrete cubes from the Shivaji Stadium site failed the test for required strength. The sample strength was 60%-85% less than the expected standard, raising questions on structural safety. * The tendered cost for Naraina flyover was 48% higher than the estimated cost. While cost overruns were double in the case of the road underbridge at Sewa Nagar. * Targets were revised, penalties waived for the contractor...

Indian federal investigators have announced an inquiry into 21 companies in connection with a banking loans scandal. Eight bankers have already been arrested this week, including senior executives of top state banks, accused of taking bribes to sign off loans. The Bombay Stock Exchange fell by 1% as a result of the inquiry, analysts said. The investigation is the latest in a series of corruption scandals to hit the country. Those arrested on Wednesday...

The Bombay High Court at Goa on Friday quashed the allotment of land on lease by the State-owned industry promotion body to the promoters of seven Special Economic Zone(SEZ) projects upholding the State Government's power to scrap the SEZ policy and the projects in public interest. A Bench comprising Justice A. S. Oka and Justice F. M. Reis, inter alia ruled that that there was lack of fairness and transparency in...