The Church of England has sold its shares in Vedanta Resources, owned by NRI businessman Anil Agarwal, saying it is unhappy with the way the company is pursuing a project in south Orissa against the wishes of a local tribe. The Church sold its £2.5-million stake today after its representatives visited the Niyamgiri hills in poverty-ridden Kalahandi. The area is considered sacred by the Dongria Kondh tribe. Vedanta intends to mine the...

Allahabad High Court today partly quashed the acquisition of 2,500 acres for Anil Ambani’s jinxed Dadri power project, rekindling memories of the Singur dispute. A high court division bench of Justices Ashok Bhushan and Sudhir Agarwal quashed the land purchase by the Uttar Pradesh government in 2004 under emergency provisions of the Land Acquisition Act of 1894. The court noted that the state government had failed to record the objections...