Posco, the world's fourth largest steel maker, was in January ranked among a global list of 100 companies that will last for the next 100 years. Interestingly, governance, transparency and capacity to handle environment-related issues are taken into account in selecting these 100 companies "Posco will not only last the next 100 years, but will go beyond, and India will play a big part in our story of survival and growth", CK...
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Legally bound
New Delhi has done well to declare its intention to play a proactive role at the forthcoming Convention on Biological Diversity (CBD) at Nagoya (Japan) in October for thrashing out a legally binding pact on access to and benefit-sharing of biological resources. Being one of the world’s 12 mega biodiversity centres, India has substantial stakes in both preserving the biodiversity and capitalising on its commercial potential. Though the CBD, signed...
More »Mobile tower health probe
Delhi High Court today told the Centre to form a committee of technical and medical experts to examine potential health hazards from mobile phone towers, saying the issue was more important than monetary considerations. The court order said whether radio waves “pose any serious health threat or not, and what precautions are required to be taken so that there are minimal chances of causing any threat to the health of...
More »U’khand to legalise contract farming
Uttarakhand is likely to pass the much-awaited Agriculture Produce Marketing Committee (APMC) Act, setting the stage for private companies like RIL and ITC to get into contract farming in the state and set up private mandis. Uttarakhand agriculture minister, Trivendra Singh Rawat on Friday said chief minister Ramesh Pokhriyal Nishank has agreed to give the final nod to the proposal at the next Cabinet meeting. The move follows the green...
More »Battle royal over Bt cotton royalty by Latha Jishnu
Monsanto licencees have earned over Rs 1,500 crore since 2002. A quiet but determined battle is being fought in the courts, and outside, by US agricultural biotech giant Monsanto, its Indian affiliates and seed lobbyists to free the prices of genetically modified Bt cotton from state government control. At stake is huge business running into several thousand crore of rupees, with royalty alone on the Bt cotton seeds grossing over Rs...
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