Indian suppliers must be units with investment up to Rs 1.25 cr, says draft before cabinet. Multinational retailers such as Walmart, Tesco and Carrefour looking to open stores in the country may have to source almost a third of their merchandise from small Indian manufacturers as the government tries to make the opening of multi-brand retail to foreign players more politically palatable. The draft cabinet note for permitting 51 per cent foreign...

The Mamata Banerjee government has begun to explore the possibility of modifying a land-ceiling clause to accommodate some concerns of industry. If the proposals are accepted, more industries will be exempt from the land-ceiling rule and transfer of land acquired for setting up industry would be allowed without diluting the new government’s hands-off policy. The land and land reforms department has sent a letter to four departments — commerce and industries, urban...

Rudrapur, an industrial town in Uttarakhand, witnesses large-scale rioting and clashes of a communal nature. THE Garhwal and Kumaon regions, which constitute the tiny hill State of Uttarakhand, were totally free of communal disturbances even when the entire country was in the grip of tension following the demolition of the Babri Masjid in Ayodhya in 1992 and the Mumbai blasts in 1993. These regions had always maintained communal peace. But on...

In the brown smog that covers Manesar this late autumn, large trucks that pack half-a-dozen cars each into their containers queue on the broken highway from Delhi to Jaipur and park any which way they can. Their drivers loll in the teashops and dhabas. Few know when their containers will be loaded with Maruti Suzuki’s deliverables: cars named Swift and Dzire and A-Star and Sx4 that have been booked by tens...

The Karnataka government, which is in the thick of controversy over acquisition of land for several big-ticket investors, is in no mood to accept certain changes proposed in the new Land Acquisition and Resettlement & Rehabilitation Bill tabled in Parliament last week. Instead, the government is in the process of revamping its existing land acquisition policy. The state government is not agreeable to the 80 per cent consent norm proposed in...