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Lok Sabha passes companies, banking Bills-Asit Ranjan Mishra, Liz Mathew and Surabhi Agarwal

-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...

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Diluted retrospective clause in Jairam’s 153 land Bill changes-Ravish Tiwari and Maneesh Chhibber

-The Indian Express In a major course correction, the 153 amendments that Rural Development Minister Jairam Ramesh is likely to introduce to the Land Acquisition Bill in Lok Sabha on Tuesday includes a watered-down retrospective clause. The cabinet, which met last Thursday, had established the sanctity of awards declared for ongoing land acquisition processes under the existing Land Acquisition Act, 1894 across the country. This was a rejection of Jairam’s proposal to...

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Areva closes in on key agreement for Jaitapur plant -Sandeep Dikshit

-The Hindu Unperturbed by protests against its proposed nuclear power plant in Jaitapur, Maharashtra, the French civil nuclear energy major Areva is now in the closing stages of striking an “early works agreement” with Nuclear Power Corporation of India Limited. This agreement, which is actually a series of studies to ensure that the reactor is in conformity with local conditions, is likely to take nine months. “Areva’s discussions with NPCIL are on....

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Cabinet Clears Controversial Land Acquisition BIll

-Outlook The controversial Land Acquisition Bill was today cleared by the Union Cabinet, making mandatory the consent of 80 per cent of people whose land is taken for private projects. In the case of Public-Private Partnership projects, the bill makes mandatory obtaining of consent of 70 per cent of the people whose land will be for acquired. The bill was given the go-ahead at the Cabinet presided by Prime Minister Manmonan Singh. The bill...

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ipaidabribe.com: A website that encourages Indians to share their bribe giving experiences-Malini Goyal

-The Economic Times Something interesting happened in Mumbai last month. For the first time ever, Harvard Business School stepped out of its Boston campus to bring its leadership and corporate accountability programme for senior corporate executives to India. The programme focuses on promoting socially and financially responsible corporate conduct. In an environment where scams and business scandals are making headlines every day, the turnout for the four-day programme was expectedly impressive. "Corruption...

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