-PTI A blanket ban on manufacture, sale, storage and use of plastic bags with stiff penalty against violators including imprisonment up to five years will come into effect in New Delhi on Friday. The government has now imposed the ban as per provision of the Environment (Protection) Act, 1986, under which violators could face imprisonment up to five years and fine of up to Rs. 1 lakh or both. "The ban on plastic...
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Wal-Mart India unit suspends CFO, others
-Reuters The Indian joint venture of Wal-Mart Stores Inc has suspended its chief financial officer and other employees as it investigates alleged violations of US anti-bribery laws, a development that could hamper India's efforts to open its domestic supermarket sector to foreign investment. Wal-Mart, the world's largest Retailer, said last week it has opened internal inquiries or investigations into bribery allegations in Brazil, China and India, which follows an earlier probe in...
More »Congress braces for a stormy winter session of Parliament
-The Times of India Congress faces an array of opponents keen to corner it over its decision to allow foreign direct investment in multi-brand Retail raising the possibility of raucous disruptions as the winter session of Parliament gets underway on Thursday. The bone of contention is the Opposition's demand that the FDI policy be discussed under a rule that entails a floor test and the government's determination not to accept such a...
More »CPM crows at Mamata isolation
-The Telegraph The CPM is visibly enjoying Mamata Banerjee’s political isolation in her push for a no-trust motion and chose to make light of her overtures today, trying to suggest she was out of her depth in national politics. “She has completely misunderstood the issue. The issue is not the government; the issue is policies. Policies have to be reversed. What do you do if another government pursues the same policies?” politburo...
More »30,000 surrender 2nd gas connection in a week -Sanjay Dutta
-The Times of India After much confusion and protests, new cooking gas norms for weeding out duplicate and bogus connections appear to be finally working. Over 30,000 Indane customers alone surrendered their second connections last week, a senior oil ministry official told TOI on Monday. The official estimated the total number of customers who have surrendered connections in the region of over 50,000, considering that Indane - marketed by IndianOil - covers...
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