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SAIL launches new initiative

A special initiative was launched by Steel Authority of India Limited (SAIL) during an apex strategic confluence on cost control and cost competitiveness. The initiative named COIS (Cost Optimization Initiatives of SAIL) outlines the road map for

Is Manmohan govt driving economy down wrong lane? UN report thinks so!

With India’s policymakers regularly harping on taking the country on a high-growth trajectory, and with increased participation of the private sector while at the same time gradually folding up the public sector, there is a strong lesson fro

Power equations in UP: pretty dark on electricity front

Sixty-five years after independence and after six decades of planned development, inadequate access to power remains a critical development challenge in Uttar Pradesh. Its per capita energy consumption is among the lowest in all states. In 2009-10

Absence of independent directors hurdles decision making at CIL

It has become easy for a section of coal consumers to avoid attracting penalty for payment defaults due to the absence of a single independent director on the board of Coal India (CIL). Besides West Bengal, which has defaulted on nearly Rs

13 states notify fixed tenure for IAS officers

A proposal to fix a two-year tenure for IAS officers serving in the states has been struck down by several states like Uttar Pradesh, Gujarat, and Punjab while 13 states have accepted it and issued notifications. According to a report in t

Bureaucrats asked to respect MPs

The Department of personnel and training (DOPT) has asked government officials to be courteous and respectful towards the elected representative. It has instructed all states to ask serving bureaucrats to comply with the code of conduct in their d

Kanpur: an industrial hub turned nobody`s baby

Kanpur, the once bustling industrial city with a labour workforce of lakhs, is in a dilemma today. It cannot shed its image of a former major manufacturing hub in north-central India, and yet it is no better than a small town forced to become big

HUDCO raises funds through retail investors

Housing and Urban Development Corporation (HUDCO), a mini-ratna firm has raised funds from retail investors besides the tax-free bonds public issues recently, said chairman and managing director, V P Baligar. The company has raised Rs 1,40

Delhi gangrape & murder: hail the fast-track court

Despite what the critics and naysayers will say – and say they must, most of them critically – the judgment in the December 16 Delhi gangrape case is an eye opener in more senses than one. First, cases can be cracked, as they o

Sebi renews MCSX-SX licence with conditions

The markets watchdog Securities and Exchange Bureau of India (Sebi) while renewing the licence of crisis-hit MCX-SX has warned that the licence would be withdrawn if its governance standards were not improved. The renewed licence for a one

DG SCOPE nominated for national safety council

The government of India has nominated U D Choubey, director general of Standing Conference of Public Enterprises (SCOPE) as a member on the board of governors of the national safety council. The press release by SCOPE, the apex body of

It`s official: NICmail in, Gmail out

No more Gmail for government officers. Edward Snowden’s revelations about the snooping activities of the US has got the Indian government worried enough to ask its officers to stop using public email services and use only the service provide

In a housing society mess, BMC`s former demolition man quits post

G R Khairnar, former deputy commissioner, Brihanmumbai Municipal Corporation (BMC) has been forced to step down as chairman of housing society for flouting cooperative society laws. Deputy registrar of cooperative societies, Maharashtra housing an

DDA to come under CCI scanner

After a series of investigations into the functioning of private real estate companies, the fair trade regulator will now be investigating the Delhi Development Authority for abuse of dominance in the residential properties market. It has

BCCI ex-chief Srinivasan faces another googly, charged in Jagan assets case

There is more trouble from the legal front and staring embattled BCCI boss N Srinivasan right in his face. Adding to the woes of the once-powerful-now-beleaguered official, the CBI today named him as one of the accused in the disproportionate asse

Companies Act draft rules bring clarity on CSR spending

The CSR committee to be constituted under the new companies Act, 2013, shall prepare the CSR policy of the company and would specify the projects and programmes that are to be undertaken. It would also specify modalities of execution in the areas

Durga Shakti vs Muzaffarnagar: how intelligent is Akhilesh`s intel unit?

It’s peculiar how events pan out in Indian politics. On March 15, shortly after assuming charge of India’s most populous and complex state, Akhilesh Yadav, then all of 38, was seen as more promising than he had promised. Soon a

Riotous past returns to haunt western UP

Cricket and riots are intricately interwoven in the social life of western Uttar Pradesh. And the two have an uncanny similarity in being highly unpredictable. Legendary cricketers have found bats manufactured in Meerut highly reliable. Bu

NTPC set to tap captive mines

NTPC’s coal-based capacity is expected to rise to 52,000 MW by 2017 as it is all set to receive coal supplies from its captive mines. The move which comes after several delays will help the company improve its margins and address the issues

Water crisis threatens RINL capacity expansion

Vizag based Rastriya Ispat Nigam (RINL) which is set to expand the capacity of its plant faces severe challenges with respect to water supply. It has alleged that the Andhra Pradesh government was supplying less than the contracted quantity of wat

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