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Odisha oppn sees `undue favour` to Hindalco in coalgate scam

Struggling with post-Phailin rehabilitation in the state, Odisha chief minister Naveen Patnaik seems to be on a sticky wicket over the coal block allocated to Aditya Birla group company Hindalco in Jharsuguda district of the state. The sit

After long hunt, SCI to finally get new chief

Shipping Corporation of India (SCI) is set to have a new chairman. The Public Enterprises Selection Board (PESB) has cleared the name of Arun K Gupta, director of offshore services at SCI, as reported by Business Standard. Arun Gupta’s name

Montek bats for privatisation of Air India

After civil aviation minister Ajit Singh, planning commission deputy chairman Montek Singh Ahluwalia has also backed the idea of privatising Air India. He said AI is a good case for privatisation, as no developed county runs its flag carri

PM takes onus, throws yorker to CBI, Patnaik

Here is the statement PMO has issued on the coal block allocation [in bold], and our comments: 1. There has been extensive media coverage recently of the matter relating to the allocation of Talabira-II and III coal blocks

PM admits role in coal block allocation to Hindalco

Prime minister Manmohan Singh on Saturday broke his silence and defended his role in the coal block allocations. “The prime minister is satisfied that the final decision taken in this regard was entirely appropriate and is based on

Sheila`s pre-poll food security rollout not a perfect recipe yet

In one-day cricket parlance, it was going all according to the script for the Congress: a big-ticket announcement to get on with the initial overs ahead of a much-discussed election, a bit of procrastination to amble by during the slow middle over

Birla FIR affair: fear, transparency and India Inc

A future historian of Indian business may well mark the current phase – the first decade of the century, or the time of UPA-II regime – as a critical juncture when old-fashioned corporate houses finally decided to put their respectabil

President Pranab acknowledges political presssure on babus

That bureaucrats face political pressure has been acknolwedged by none other than president Pranab Mukherjee. Adressing IAS officers at Lal Bahadur Shastri National Academy of Administration (LBSNAA) at Mussorrie today he said civil servants shoul

Do not create atmosphere of fear, says CII

The industry chamber, CII, has expressed concern over action against respected and reputed individuals by CBI. It said that it should be ensured that atmosphere of fear is not created. Reacting strongly to the case being registered by the

How govt wants to put LPG subsidy money in your pocket

As the government mandates sale of LPG cylinders at market prices across the country in a phased manner, it has put the responsibility of availing cash subsidy on consumers. A consumer will have to provide her Aadhaar number to oil marketing compa

PM wishlist? Modi promises clean cities by 2019

Giving a glimpse of his to-do list if he becomes the prime minister, Gujarat chief minister and BJP’s prime ministerial candidate Narendta Modi has said he wants to see Indian cities free of manual scavenging by 2019, the 150th birth anniver

TDP, Congress lock horns in Tirupati over Sonia ghat

Sonia Ghat, the pseudo memorial for the AICC president Sonia Gandhi built in protest against the Telangana decision, is becoming the cause for a major tussle between Congress and the Telugu Desham Party (TDP) in the temple town of Tirupati.

Air India board clears sale of five Boeing 777-200 to Etihad Airways

The Air India board has approved the sale of five Boeing 777-200 LRs to Abu Dhabi-based Etihad Airways. The transaction is likely to fetch around $350 million (Rs 2,100 crore) to the airline. The proposal will now require clearance from the union

BSNL to invite pvt players to manage IT network

Bharat Sanchar Nigam Ltd (BSNL) will soon invite bids from private players for managing its IT network. The public sector undertaking is finalising the tender estimated to be worth $700 million spread over 10 years. The selected partner will take

Naveen faces big test in picking up post-Phailin pieces

Phailin might have turned out to be tamer than the 1999 ‘super cyclone’ and the Odisha government is, rightly, collecting kudos for its commendable evacuation effort and keeping the casualties minimum, but chief minister Naveen Patnaik

Redux: what whistleblower PC Parakh had said on coal scam

The coal secretary from 2006 to 2009, HC Gupta, begins his deposition before the Central Bureau of Investigation (CBI) on Thursday. TKA Nair, the prime minster’s erstwhile principal secretary and now his advisor, is expected to be probed as

Don`t privatise Air India; Kolkata, Chennai airports: CPI to PM

Communist Party of India (CPI) national secretary D Raja has urged prime minister Manmohan Singh to not privatise Air India and the airports at Chennai and Kolkata. In his letter to the prime minister, Raja said, "Such proposals conve

IMD stock up after accurate Phailin prediction

If the Met department says it’s going to be a bright sunny day, make sure you carry an umbrella. Or so went the jibe against the Indian Meteorology Department (IMD), often ridiculed for its wrong weather predictions. Not any more.

Cyber security strategy, amendment of IT Act on anvil

The national security council secretariat (NSCS) is working on a national cyber security strategy and will be finalising it in a few months.  The strategy will lay down clear defence mechanism against cyber threats and action points for the s

Why everybody loves a good cyclone

As Phailin “sizzled and fizzled”, as a media report put it, both the state and central regimes rose to occasion. They claimed that thousands of lives had been saved, and there was less destruction to the property, only because of their

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