-The Business Standard   Mining companies have warned of a price spiral in commodities once the new mining law provisions are in place. The industry sees the government decision of mandatory profit and royalty sharing impacting it by an estimated Rs 15,000 crore every year. This would include a Rs 12,200-crore hit on non-coal mining companies and Rs 2,800 crore on coal miners. “The provisions of this Bill will affect the industry badly,”...

Mamata Banerjee’s assurance over land allotment, coal access falls flat. Two weeks after West Bengal Chief Minister Mamata Banerjee assured JSW Steel vice chairman and managing director Sajjan Jindal that all issues will be ironed out, fresh problems, including capping access to coal mines have struck the state’s largest investment. A number of riders are creeping into the terms and conditions set forth in the development agreement that JSW Steel had signed...

-The Indian Express Unfinished car shells rusting in a deserted factory in India's West Bengal state lie testimony to flaws in a century-old land-acquisition law the government now wants to replace. * Jobs, housing, cash to landowners made mandatory * Costs, project delays to increase - Indian corporates react * Bill to push up costs by 350 pct for big plots - analysts, cos * Bill likely to be passed in December Tata Motors was forced...

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...

-PTI   India should move on to make nuclear energy as safe as possible by taking lessons from the recent Fukushima accident but its imperative to replace the old-era Land Acquisition Act with a more balanced one, to address the country's present huge infrastructure and energy needs, former Atomic Energy Commission Chairman M R Srinivasan said here. Stating that the resettlement was equally significant in any infrastructure project, he said India's record of...