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RIL stalls CAG audit yet again -Sujay Mehdudia

-The Hindu It has been insisting that the audit of KG-DWN-98/3 block not be made public Emboldened by the stagnation in the arbitration proceedings, the Mukesh Ambani-owned Reliance Industries Limited (RIL) has once again stalled the audit of KG-DWN-98/3 block by Comptroller and Auditor General (CAG) by refusing to furnish records, financial accounts and SAP access for the KG D6 block for the 2008-12 period on various grounds. It is learnt that RIL...

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The question of casteism still remains-K Satyanarayana

-The Hindu Contrary to what Nandy’s defenders would have us believe, his corruption remark reinforces negative stereotypes about Scheduled Castes and Scheduled Tribes The controversy around Ashis Nandy’s casual remarks at the Jaipur Literature Festival did not address a number of important questions of public concern. The frenzied ‘Save Nandy’ campaign that followed has actually foreclosed any productive discussion. His supporters have been trying to explain and contextualise Professor Nandy’s flippant remarks...

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People, The Real Estate-Pragya Singh

-Outlook A new land acquisition bill readies for budget session. How will it fare? Bill Of Blights     Defines “public purpose” too broadly, allows govt to acquire land for PPPs     Less landowner consent required for PPPs than private-only projects     The bill’s compensation norms likely to face strict challenges in the courts     States have been given R&R powers but could lead to arbitrary outcomes     Doesn’t consider govt projects where compensation, R&R are neglected *** The...

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Women's Groups Reject Rape Law Ordinance

-Outlook Leading women organisations today rejected the ordinance on sexual crimes against women terming it as "complete betrayal" of people's faith in the government and urged President Pranab Mukherjee not to sign it. "The ordinance is a complete betrayal of the people's faith. We are alarmed at the complete lack of transparency displayed by the government in proposing the ordinance as an emergency measure," women rights activist Vrinda Gover said. The women activists,...

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Shell India accused of tax evasion-Utpal Bhaskar, Remya Nair and Amrit Raj

-Live Mint Income-tax department says firm had underpriced intragroup share transfer by Rs 15,000 cr and evaded taxes consequently The Indian arm of Royal Dutch Shell Plc , Shell India Pvt. Ltd, has been accused by the income-tax (I-T) authorities of underpricing an intragroup share transfer by ` 15,000 crore and consequently evading taxes, said a person familiar with the development.   Following the notice, which is one of the biggest transfer pricing orders...

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