A host of steel-manufacturing units are keen to set up plants in Karnataka, and all want captive mines. SOUTH KOREA'S Posco is not the only steel-maker keen to do business in Karnataka. The State's estimated 9,000 million tonnes of good-quality iron ore reserves, which is the second largest in India, the State government's assurances on a smooth land acquisition process, the availability of water and the promise of speedy regulatory clearances...

A retired judge of the Supreme Court and former chief justice of Bombay high court, Justice MB Shah, will be the vice-chairman of the Special Investigations Team (SIT) constituted to monitor the probe into black money stashed abroad. The SIT will be chaired by former Supreme Court judge, Justice BP Jeevan Reddy. A direction to this effect was issued by the Apex court, on Monday. A bench of the Supreme Court...

The CBI search at V K Sibal's residence on Friday is likely to bring into the open a number of controversies that have surrounded the office of the directorate general of hydrocarbons (DGH) and the ministry of petroleum and natural gas in the two tenures of the UPA government. The searches were a tipping point in allegations against Sibal, a former director general of hydrocarbons whose tenure started in 2004 under...

West Bengal: Mamata Banerjee moves closer to keeping her promise to return to ‘unwilling' farmers the land given to Tata Motors. WITH the passage of the Singur Land Rehabilitation and Development Bill, 2011, West Bengal Chief Minister Mamata Banerjee got one step closer to keeping the promise made to the people of Singur that she would reclaim the land allocated to Tata Motors and return it to “unwilling” farmers (that...

-PTI   The West Bengal government today submitted before the Calcutta high court that it was not against the Tatas but in favour of farmers and employment generation. Contesting the Tata Motors Ltd prayer that the Singur Rehabilitation and Development Act 2011 be declared unconstitutional, senior counsel for the government Saktinath Mukherjee submitted before Justice Saumitra Pal that the government was answerable to the people as 1000 acres of fertile land was...