-The Business Standard Says licence terms extended to 15 years on advice of erstwhile Industrial Credit and Investment Corporation of India, a lender to many telcos Giving a clean chit to Prime Minister Manmohan Singh on the 2G spectrum allocation case in 2008, the Joint Parliamentary Committee (JPC) that looked into telecom spectrum allocations has turned the heat on the numerous decisions taken in the sector between 1998 and 2004, during...
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In Karnataka race of millionaires, real estate ahead of mining -Johnson TA
-The Indian Express Bangalore: When affidavits were filed by the contestants for the 2008 assembly polls declaring their wealth, it was a close race between the two dominant money-spinning sectors in Karnataka - real estate and iron ore mining. Affidavits filed by 5,376 candidates in the fray for the May 5 assembly polls show that the real estate sector that flourishes in and around Bangalore and, to a lesser extent, around cities...
More »2G scam: JPC clears Manmohan Singh, Chidambaram; pins Rs 40,000 crore loss on NDA
-The Times of India Prime Minister Manmohan Singh has been given a clean chit by the Joint Parliamentary Committee on telecom which rubbished CAG's Rs 1.76 lakh crore loss calculations in the 2G scam but slammed the Vajpayee government for Rs 40,080 crore loss due to a policy shift in 1999. The committee - headed by Congress MP P C Chacko - in its draft report pinned the 2G blame on former...
More »Finally, a consensus on land acquisition bill after six years
-The Times of India A significant part of the Manmohan Singh government's political agenda for the 2014 election looks set to sail through Parliament with an all-party meeting on Thursday putting its seal of approval on a contentious bill on land acquisition that enhances compensation for farmers. The government countered criticism that the bill's provisions make land acquisition more time consuming while pushing up costs, but all major political parties seemed...
More »'Congress vs Congress' as tribal ministry opposes mining in Andhra -Subodh Ghildiyal
-The Times of India In the continuing 'Congress vs Congress' green battle, the Union tribal ministryhas once again rebuffed the Andhra government's attempt to start mining in tribal pockets of Vishakhapatnam, rejecting the claim that ban on sale or lease of tribal land to non-tribals was not applicable to state corporations. Reiteration of the illegality came after Andhra mounted a fresh defence of the bauxite mining lease - after a meeting in...
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