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Panel to look into Bhagirathi projects
The Uttarakhand High Court on Monday asked the newly-constituted Ganga River Basin Authority to set up an expert committee to decide the fate of the three key hydel projects on river Bhagirathi.

News on Royalty payment brings cheer in new year
Contrary to my pessimistic mood at the year end, 2010 has been ushered in with good cheer by the announcement that all royalty payments-sectors, quantum, caps notwithstanding, will henceforth be covered by the automatic route, subject to the FEMA Current Account Transaction Rules, 2000.

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Explosion of middle class population,impetus to Tech.Textiles
Technical Textiles sector is poised for growth with rise in salary levels in developing nations, particularly India, where the middle class population is expected to reach half a billion by 2030, an expert has said.
Business Ideas

RNRL asks SC to dismiss govt's petition on RIL gas

Anil Ambani group company Reliance Natural Resources Ltd (RNRL) has asked the Supreme Court to dismiss the government’s special leave petition (SLP) on the Ambani gas dispute, saying it had no legal standing to seek any orders and could, at best, only make submissions. - Israel warns of terror attacks - SEC backs ban on flash trading - ArcelorMittal sponsors 78 for ITI training - At your service - Sunil Sethi: Goa"s monsoon sosegade">Sunil Sethi: Goa"s monsoon sosegade - ASCI announces new board “An attempt is being made (by the government) to reintroduce allegations that were withdrawn before the Bombay High Court (where the case was heard and decided earlier, in RNRL’s favour). This is clearly impermissible,” said the RNRL affidavit, which counters the government’s SLP that is to be heard with related matters on October 20. The government’s SLP, filed in July to assert its right on gas from Mukesh Ambani-led RIL’s Krishna-Godavari basin fields, is “therefore misconceived and liable to be dismissed,” RNRL said. The government had earlier this month modified its SLP, seeking to make a distinction between legal disputes involving RNRL and those on NTPC Ltd (which also has a case against RIL).


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