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30,000 surrender 2nd gas connection in a week -Sanjay Dutta

-The Times of India After much confusion and protests, new cooking gas norms for weeding out duplicate and bogus connections appear to be finally working. Over 30,000 Indane customers alone surrendered their second connections last week, a senior oil ministry official told TOI on Monday. The official estimated the total number of customers who have surrendered connections in the region of over 50,000, considering that Indane - marketed by IndianOil - covers...

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FIR against Facebook in Lucknow

-IANS LUCKNOW: A city lawyer and social activist on Sunday lodged a first information report (FIR) against popular social networking site Facebook, after his profile was blocked. The report was filed at the 'cyber crime cell' of the Lucknow police by Prince Lenin, a resident of Hussainganj here. In his complaint, Lenin alleged that although he had long been a user of Facebook, his profile was recently blocked by the site without so...

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Has the 2G spectrum auction really been a failure?-Surajeet Das Gupta

-The Business Standard Deconstructing the numbers shows companies have bid smartly to get the best deals The recently concluded sale of 1,800-MHz spectrum through auction to telecom service operators, or telcos, has been declared a damp squib for two reasons: One, only five telcos participated in the auction; and two, the bids added up to Rs 9,407 crore, which was less than a third of the Rs 30,000 crore the government had...

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Stop fresh investments in KG-D6: CAG -Sanjay Dutta

-The Times of India The Comptroller and Auditor General (CAG) has asked the oil ministry not to approve any more investments in Reliance Industries's KG-D6 oil and gas block till the company submits all records of its spending in the Andhra offshore field till 2011-12 for scrutiny. In a November 9 letter to the ministry, a top CAG functionary also suggested a similar action for the Panna-Mukta and Tapti (PMT) group...

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Wal-Mart probing charges of bribery in India

-The Times of India Retail giant Walmart has disclosed that it is investigating alleged violations of the US anti-bribery law in India, China and Brazil. The development could trigger fresh opposition to the opening up of the domestic retail market to global companies. The disclosure is likely to provide ammunition to political parties that are planning to corner the government on its decision to allow FDI in multi-brand retail when Parliament reconvenes...

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