Speaking at the formal launch of the Mohali campus of the Indian School of Business (ISB) yesterday, the second ISB campus in the country after Hyderabad, the Union Finance Minister, P Chidambaram, said he was happy with ISB&rsquo;s decision to come up with its Mohali campus, and, hoped more such world-class institutions would be set up across the country.

Chidambaram inaugurates ISB campus in Mohali

Business Standard

Finally after nearly six months, the Himachal Pradesh government has woken up to restore an important road connecting to downtown Shimla.

At last, HP PWD to repair VIP Shimla road

The winter session of the Jharkhand Assembly on Monday witnessed an uproar scene on Monday over ongoing agitation and economic blockade against Panem Coal Mines Limited.The MLAs from Jharkhand Vikas Morcha (JVM) disturbed the House proceedings for a long time and the Speaker had to adjourn the House thrice.

Jharkhand Assembly session uproarious over Panem Coal mines agitation

A Public Interest Litigation (PIL) was filed in the registry of Lucknow bench of Allahabad high court today challenging the order of the then governor of UP refusing prosecution sanction against former chief minister Mayawati and her cabinet colleague Naseemuddin Siddiqui in the Taj Corridor case.

PIL filed in Taj Corridor case in HC

Press Trust of India

Nitish Kumar led Bihar government today slammed embezzlement charges in National Rural Employment Guarantee Scheme (NREGS) funds in the state. Calling the report technically incorrect and politically motivated, the state government also named slew of measures, it introduced, to enhance transparency in this centrally sponsored scheme.

Bihar govt slams charges against NREGS funds usage

The state of Tamil Nadu ranks number two with a share of over 20 per cent in total road projects under operation in the public-private partnership (PPP) model as of August, 2012. According to a study with around 11 road projects worth over Rs 4,400 crore, Tamil Nadu ranks second, of the total 115 road projects worth over Rs 21,600 crore under operation across India, Maharashtra has the highest share of over 22 per cent with 21 road projects worth over Rs 4,800 crore.

Southern state ranks 2nd in road projects under PPP

As reports of tension prevailed on the Tamil Nadu-Karnataka border over the Cauvery water row, DMK chief M Karunanidhi on Monday said ruling BJP in Karnataka and AIADMK in Tamil Nadu should not give room to turn the feeling of &ldquo;bitterness&rdquo; among people of the states into &ldquo;enmity&rdquo;. Underlining that he has been advocating that issues with neighbouring states should be resolved through cordial talks, he said in a statement that reports suggest Karnataka forest officials are engaged in evicting Tamil people living in border areas, leading to tension.

Feelings shouldn't turn into enmity over Cauvery: Karunanidhi 

The Odisha industries department has urged Jindal Synfuels Ltd, a subsidiary of Jindal Steel &amp; Power Ltd (JSPL), to undertake cost evaluation of petroleum products to be extracted from its Rs 60,000-crore coal-to-liquid (CTL) project proposed in the state.

Odisha asks Jindal Synfuels to take up cost evaluation of CTL project 

The non-extension of memorandum of understanding (MoU) signed with 19 independent power producers (IPPs) has posed a fresh hurdle in the progress of their projects in Odisha.

Non-extension of MoUs impedes power projects in state

Out of a total Plan and non-Plan provision of Rs 52,755.15 crore for this fiscal, actual spending is Rs 22,277.75 crore till October-end. Plan expenditure at Rs 7,567.15 crore is 42.67 per cent of the overall Plan provision of Rs 17,684.35 crore.

Plan, Non-Plan spending at 42% in April-October

Revenue arrears of the Odisha government worth Rs 5,905.89 crore are locked up in different courts (as on March 31, 2012).

Rs 5,906 cr revenue locked up in courts

The Supreme Court (SC) on Monday deferred the hearing on the petition challenging cancellation of forest clearance of Niyamgiri bauxite mine belonging to Odisha Mining Corporation (OMC).

SC defers hearing on Niyamgiri case to Dec 6

Strengthening and providing more power to the Income Tax Appellate Tribunal could hasten the decisions on disputes related to income tax, considering the clogging of tax related disputes in the High court, said senior advocate S E Dastur. Delivering the K R Ramamani Memorial Lecture on Indian Income Tax: Past &amp; Future during the golden jubilee celebrations of the Revenue Bar Association, Dastur said, that there is a lot of delay in procedures at present, especially in the High Courts.

'Strengthen tribunal to hasten disposal of I-T litigation

Coinciding with the debate in Parliament on FDI in multi-brand retail on Tuesday, traders in Tamil Nadu began their two-day agitation across the state against the UPA government.

TN traders begin stir against FDI in multibrand retail    

Technology hub Bangalore has emerged as the best city to live in India, pipping other metro cities such as New Delhi, Mumbai and Kolkata, in terms of overall quality of living, according to a latest worldwide survey of cities by global HR consultancy Mercer.

'Bangalore best Indian city to live' 

The consumers are in for a relief as the West Bengal Electricity Regulatory Commission (WBERC) has not allowed any further hike of tariff for the West Bengal Electricity Distribution Company Limited (WBSEDCL) keeping the average rate of electricity for the year 2012-13 at Rs 6.07 per unit. The existing rate of tariff for the year 2011-12 was earlier fixed at Rs 6.05 per unit. The WBERC has given its award today.

No hike of power tariff in Bengal

The forest and environment department of the Odisha government has asked Sterlite Energy Ltd (SEL), a Vedanta group company, to immediately deposit its contribution towards Odisha Environment Management Fund (OEMF).

Odisha asks Vedanta to contribute to climate fund

The Calcutta High Court on Tuesday issued contempt rule against West Bengal minister Becharam Manna for allegedly making derogatory comments against the judiciary on its order on disputed land at Singur, the site of the now defunct Tata Motors Nano car plant.

Contempt rule issued by HC against Becharam

Former Jharkhand chief minister and Jharkhand Vikas Morcha (JVM) Supremo Babulal Marandi who along with the Congress started indefinite dharna and economic blockade in Pakur district for the last 17 days now knocked the door of the Prime Minister Manmohan Singh to set up a high-level inquiry into joint ventures formed by public sector Punjab State Electricity Board (PSEB) and EMTA Group of Companies.

Jharkhand former CM wants inquiry against Panem Coal Mines

Bihar government is now planning a quantum leap in the power generation. The state government has stated that during the next five years, it will annually extend its capacity by 1,000 MW. The state government has also aimed to make Bihar a power surplus state within 5 years.

Bihar to extend its power capacity by 1,000 MW annually

Thirty two industries operating their units in the state are saddled with arrears in electricity duty amounting to Rs 1,541.26 crore.

Rs 1,541.26 cr electricity duty dues on 32 industries

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