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Land disputes hitting Indian infrastructure schemes

Protests against a proposed Indian nuclear power plant this weekend highlight a growing problem facing developers, experts say, as the country tries to upgrade or build much-needed infrastructure.Thousands of fishermen, farmers and their families in Jaitapur in western Maharashtra state turned out in force on Saturday to denounce the loss of homes and agricultural land, as well as voice fears about radiation and pollution.The long-running protest has already seen a...

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India Stocks Sink on Telecommunications Scandal by Heather Timmons

A widening corruption scandal that has touched India’s prime minister sent the country’s stock markets down sharply on Friday and threatened to tarnish the country’s image as a rising economic power. Setting off the turmoil was a report from the country’s auditor earlier this week that about $40 billion in wireless spectrum license fees had been squandered by the government’s telecommunications and information technology minister. On Thursday, India’s Supreme Court criticized...

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PJ Thomas to vacate the post of CVC

Central Vigilance Commissioner PJ Thomas will send in his resignation to the President on Wednesday. With the Supreme Court and the Opposition piling up pressure on the Centre for the removal of the ‘tainted’ CVC, the government leadership has advised Thomas to vacate the post. Thomas continuance became untenable on Tuesday after the Supreme Court questioned his suitability to supervise CBI’s investigations into the 2G spectrum scandal. “He had justified the...

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The Girl Who Was Once Nira Sharma by Sunit Arora

    * Moved to London from Kenya in the 1970s. Schooled at Haberdashers’ Aske’s. Bachelor’s at University of Warwick.     * Has three siblings. Father in aviation. Three sons from failed marriage with UK businessman Janak Radia.     * India entry in 1995. Sahara liaison officer. India rep of Singapore Airlines, KLM, UK Air.     * Floats Crown Air as MD in 2000, with sister Karuna Menon as partner. Secures FIPB clearance to...

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Poor quality, high cost mar CWG projects: CVC by Himanshi Dhawan

Each of the 18 samples of concrete cubes from the Shivaji Stadium site failed the test for required strength. The sample strength was 60%-85% less than the expected standard, raising questions on structural safety. * The tendered cost for Naraina flyover was 48% higher than the estimated cost. While cost overruns were double in the case of the road underbridge at Sewa Nagar. * Targets were revised, penalties waived for the contractor...

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