This is a unique situation. For governments, development authorities, lenders and borrowers alike. On Wednesday, a Supreme Court (SC) Bench headed by Justice GS Singhvi upheld a verdict of the Allahabad High Court that quashed acquisition of 176 hectares of land from farmers in Greater Noida stating that the authorities were “sub-serving” private builders in the name of public interest. Land purchased from the government was always considered ‘clean’. This verdict,...
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Singur warriors head for SC
-The Telegraph Tata Motors refused stay by Calcutta High Court, government takes Delhi precaution Tata Motors said tonight the company would move the Supreme Court after failing to obtain a stay order against land distribution in Singur from Calcutta High Court after two attempts. “As per the country’s legal procedures, the company will agitate the matter before the Supreme Court,” it said. The statement came at the end of a day during which...
More »4 pvt firms helped Kalaignar TV repay Swan's Rs 200 cr: CBI by Neeraj Chauhan
Probing the trail of Rs 200 crore, which was paid to Kalaignar TV by Swan Telecom in the 2G spectrum scam, the CBI has now reached at the doors of four private companies including UB Group and India Cements. While the names of the other two companies could not be ascertained, CBI officials said the four had facilitated payments to Kalaignar TV to help it repay Rs 200 crore to Swan. "We...
More »The New Geopolitics of Food by Lester R Brown
From the Middle East to Madagascar, high prices are spawning land grabs and ousting dictators. Welcome to the 21st-century food wars. In the United States, when world wheat prices rise by 75 percent, as they have over the last year, it means the difference between a $2 loaf of bread and a loaf costing maybe $2.10. If, however, you live in New Delhi, those skyrocketing costs really matter: A doubling in...
More »Cong boss’s party missive: Work for govt by Sanjay K Jha
Sonia Gandhi has told the Congress it is the party’s duty to ensure that all welfare schemes introduced by the government are “fully implemented” on the ground. In a letter published in the latest issue of party mouthpiece Congress Sandesh, Sonia wrote: “The UPA has worked hard to fulfil the strong mandate to govern it received from the people in 2009. Since then, the synergy between the government and the party...
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