-The Indian Express   The Allahabad High Court on Monday issued notices to the Centre, UP government, Greater Noida and Noida authorities and the Yamuna Expressway Development Industrial Authority (YEIDA) on a petition demanding a CBI probe into land acquisitions in Noida and Greater Noida from 2005 to 2010. Asking them to file counter-affidavits in two weeks, the court said it would examine the maintainability of the petition on the next date...

Reputable foreign institutions may not come to India if a provision in a proposed law preventing them from taking back surplus from education activities is retained, a parliamentary panel has said. The Foreign Educational Institutions (Entry and Operations) Bill prescribes a time-bound format for granting foreign universities approvals but bars them from repatriating profits. The bill was introduced in the Lok Sabha on May 3, 2010, and referred to the standing committee...

The Trinamul Congress will accept government acquisition of land for the private sector only if the plots are required for projects under public-private partnership (PPP) and serve a public purpose. The stand was articulated by Trinamul Rajya Sabha MP and land expert Debabrata Bandopadhyay at a meeting with Union rural development minister Jairam Ramesh here today. The party had so far opposed any government role in acquisition of land for private...

-The Business Standard   Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production. "The proposal had some impact on the stocks. But, people have now realised that with this, land availability will go up and with that, production," Coal India Chairman NC Jha said. Coal India, the country's largest coal miner, is expected...

The Centre today unveiled a draft land acquisition bill that seeks to replace a 117-year-old law, prohibits the acquisition of multi-crop irrigated land and includes in the definition of “public purpose” plots for companies. The government posted the draft National Land Acquisition and Rehabilitation and Resettlement Bill, 2011, on four websites, seeking comments from the public and all stakeholders. (See chart) The draft makes it clear that the government is not amending...