NIIRA RADIA — owner of PR company Vaishnavi Communications, among others — is not merely a fixer in the old sense of the word. She is a thermometer reading for a very ill society. In April this year, a clutch of mysterious documents had made their way to several media houses. At face value the documents seemed a synopsis of phone conversations between Niira — a powerful lobbyist for Mukesh...
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Andhra silica mining units protest land acquisition for SEZ by Dilip Kumar Jha
Investments worth Rs 100 crore in silica sand mining and beneficiation in Nellore district of Andhra Pradesh are in jeopardy due to the state government’s insistence on acquiring the mineral-bearing land for developing a Special Economic Zone (SEZ), protests the Federation of Indian Mineral Industries (Fimi). The Institute of Indian Foundrymen wrote to the Union mining ministry early this month, urging its intervention. There is no alternative area nearby for mining...
More »Posco now looks to set up shop in Karnataka by Jayashree Nandi
If things work to plan, the Posco story may get a twist, and the Korean steel giant may come home to Karnataka. After a long-drawn battle with agencies to get environmental clearance for a Rs 50,000-crore integrated steel plant and captive port at Jagatsinghpur in Orissa, now it has set its sights on the state. "One-third of the required ore will be mined in Karnataka. Posco officials met me recently and...
More »Miners may have to pay for the project-hit from day 1 by Subhash Narayan
Mining companies will have to start paying compensation to project-affected people right from the day a mining block is allocated to them and not when they start generating profits, a proposal that will further sweeten the deal for those who lose their land to industrialisation, but stoke more protest from miners. Once the project starts making profits, the displaced families will be provided an annuity income from the net income, but...
More »Orissa moves SC, challenges HC decision on Posco mining issue by Indu Bhan
The Orissa government on Friday moved the Supreme Court challenging the Orissa High Court order that quashed its decision to permit South Korean steel major Posco to mine iron ore in Sundergarh district of the state. The matter is likely to come up for hearing in November end. The state government had recommended the grant of prospecting licence (PL) to Posco India for the Khandadhar mines for its 12-million-tonne steel plant...
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