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Tuesday, Nov 24, 2009
 
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In talks with Nepal govt to break IOC supply monopoly24-NOV-09
Essar Oil has approached the Nepal government for supplying petroleum products. If the proposal is accepted, it will break the monopoly of Indian Oil Corporation, which retails petroleum products in the land-locked country along with the Nepal Oil Corporation (NOC). Nepal is not a very big market and is estimated have an annual demand of 720,000 tonnes of diesel and 1,40,000 tonnes of petrol. Essar currently supplies only small quantities of fuel oil to Nepal.
Oppn demands more sugar concessions from govt24-NOV-09
Wants earlier rule on mills having to share extra profit with cane growers restored.
Bihar govt issues legal notice to RIL23-NOV-09
Annoyed over Reliance Industries' (RIL) alleged lackadaisical attitude in fulfilling the terms and conditions under which it was awarded the contract for reviving a state-run sugar mill, the Bihar government has issued a notice to the Mukesh Ambani-led firm.
No word from Tata on Singur land compensation: govt23-NOV-09
The West Bengal government has not received any compensation bill from Tata Motors for the land at Singur given for its small car project, although group chairman Ratan Tata has expressed willingness to return the land to the government if compensated for its investment.
NTPC seeks govt help to ensure RIL gas supply23-NOV-09
State-run NTPC has asked the government for allocation of natural gas from Reliance Industries (RIL) at a price of $2.34 per mmBtu, pending the outcome of its court case against the Mukesh Ambani-led firm on the issue.
DoT nod for Russian govt's 20% stake buy in Shyam Sistema23-NOV-09
The Department of Telecom (DoT) has 'no objection' to the Russian government picking up 20 per cent stake in telecom service provider Sistema-Shyam Telecom (SSTL) for a little over $676 million (Rs 3,200 crore).
Sugarcane issue: RLD for direct talks between UP govt, farmers23-NOV-09
Charging the Uttar Pradesh government with failing to give adequate price for sugarcane, RLD chief Ajit Singh today threatened to launch a state-wide agitation if the state government fails to resolve the matter within two days by holding talks with farmers.
'No role for govt, regulator in media, entertainment'23-NOV-09
Blaming excessive regulations for the media and entertainment industry’s acute financial crisis, Rupert Murdoch’s Indian venture Star Group today said the government and regulator had no role in the sector.
Govt calls Oppn over breakfast after sugar row23-NOV-09
After the storm on sugar pricing issue, the government has convened a breakfast meeting with leaders of all political parties tomorrow in a bid to ensure smooth running of Parliament.
Govt will abide by court orders on mining: Rosaiah23-NOV-09
Andhra Pradesh chief minister K Rosaiah on Sunday said that the ruling Congress government would abide by the apex court’s verdict on the alleged irregularities by mining firm Obulapuram Mining Company (OMC) in the Bellary reserve forest of Anantapur district.
Govt mulls refined sugar import21-NOV-09
The government is considering the import of refined sugar to tackle the rising prices of the commodity.
Centre blinks, removes changes in cane order21-NOV-09
Difference in FRP and SAP to be paid by mills, not state govts.
Govt not to import rice as of now, says Sharma21-NOV-09
India will not import rice as it has adequate stocks of the grain, Commerce and Industry Minister Anand Sharma said today after a meeting of the empowered group of ministers (EGoM) on food.
Govt may allow private sector investment in education21-NOV-09
The Centre plans to allow the (for-profit) private sector to set up educational institutions and tap the capital market, thus aiming to plug the funding gap in the education sector. In this regard, the Human Resource Development (HRD) ministry has asked Max India Chairman Analjit Singh to prepare a feasibility paper.
Govt to push Bill for setting up green body in current session21-NOV-09
The government will try to pass the National Green Tribunal Bill, 2009, in the current Parliament session. The Bill aims at establishing an autonomous tribunal, independent of the Ministry of Environment and Forests (MoEF), for environmental clearance of development projects and providing relief and compensation to people affected by natural calamities.
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