-The Times of India The Union government downplayed the opposition's concern over allowing foreign direct investment in multi-brand retail and informed the Supreme Court on Friday that the policy, when fully implemented, would touch the lives of only 13.3% of the country's population living in 53 cities. The government said its policy on FDI in multi-brand retail stipulated that retail sales outlets could be set up only in cities with a population...
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Development minus green shoots-TR Shankar Raman and MD Madhusudan
-The Hindu By exempting some projects on forest land from gram sabha consent, the government has undermined the rights of local communities and their crucial role in protecting the environment In early February, the Ministry of Environment and Forests partially revoked a crucial order it had issued in August 2009, which made the consent of gram sabhas mandatory for projects seeking diversion of forest lands for non-forest purposes. Now, the ministry has...
More »Prosecutor was helping key accused in 2G case, CBI says
-The Times of India In a stunning twist to the 2G case, an audio tape of a CBI senior public prosecutor purportedly advising a key accused on how to counter prosecution's charge has emerged, breathing fresh life into the mega-swindle and bringing fresh trouble for the government. The tape sent to the CBI anonymously has the agency's senior public prosecutor A K Singh speaking to Sanjay Chandra, MD of Unitech and...
More »300 firms under scanner as CBI widens coalgate probe-Sujay Mehdudia
-The Hindu The CBI, expanding its coalgate probe, has launched investigations against 300-odd companies and begun questioning officials of the Steel, Coal and Power departments, the Department of Industrial Policy and Promotion, the Central Mine Planning and Design Institute Limited and the state-run Coal India Limited on allocation of coal blocks between 1993 and 2008. The CBI has laid hands on nearly 700 files from the Coal Ministry, running into 1,60,000 pages,...
More »Rs 700 Cr Land Grab Case Against Asaram Bapu
-Outlook Self-styled godman Asaram Bapu has ran into fresh trouble with the Serious Fraud Investigating Office (SFIO) seeking his prosecution in a Rs 700 crore land grab case in Madhya Pradesh. The case pertains to 200 acres of land in Ratlam and the SFIO, which wants to prosecute Asaram and his son under the provisions of Indian Penal Code and Companies Act 1956, recently send its recommendation to the Ministry of Corporate...
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