Can't be confined to auction alone for giving resources: Govt

Last Updated: Wednesday, July 25, 2012, 00:42

Government on Tuesday told the Supreme Court that it cannot restrict itself to the route of auction in allocating natural resources which would depend upon the objectives for which they are alienated.

Natural resources can't be exclusive domain of govt: Ruia

Last Updated: Saturday, July 21, 2012, 23:23

Noting that recent controversies over natural resources have put stakeholders at risk, Essar group Saturday said such wealth cannot be the exclusive domain of the government if it wanted industry with the private sector.

Govt duty-bound to auction telecom spectrum: Centre tells SC

Last Updated: Thursday, July 12, 2012, 20:09

The Centre on Thursday told the Supreme Court that it was bound by its ruling on allocation of 2G telecom spectrum through auction and the Presidential reference was only pertaining to adoption of the process for allocation of other natural resources.

Corporate disputes be sorted out by mediation: CJI

Last Updated: Saturday, July 7, 2012, 22:53

Chief Justice of India S H Kapadia on Saturday favoured resolution of high-stake corporate and commercial disputes including those related to pricing of scarce natural resources like gas and oil by resorting to alternate dispute redressal mechanism of "mediation".

HC dismisses plea for probe into RNRL-RPower merger

Last Updated: Tuesday, June 26, 2012, 19:27

The Madras High Court on Tuesday dismissed a petition seeking a probe by the Serious Fraud Investigation Office and the CBI into the 2010 merger of Reliance Natural Resources Ltd (RNRL) with Reliance Power (R-Power).

'Auction can't be only disposal method of natural resources'

Last Updated: Monday, June 25, 2012, 21:35

The Centre also asserted that the allocation of natural resources is a policy matter and beyond the purview of judicial review.

HC admits plea seeking SFIO, CBI probe into RNRL-RPower merger

Last Updated: Wednesday, June 13, 2012, 23:06

Justice R S Ramanathan ordered issuing notices to SFIO and CBI and posted the case for hearing on June 25.

Indian cos eye Myanmar's untapped natural resources

Last Updated: Sunday, May 27, 2012, 21:49

As Myanmar braces for an economic resurgence following decades of international isolation and military rule, Indian private sector are set to compete with other wide-eyed companies from across the world for a slice of the potentially promising pie of the country's largely untapped natural resources.

Law Min against platform to sale of surplus coal by private companies

Last Updated: Friday, May 25, 2012, 16:13

Disagreeing with the Chawla panel report on natural resources, the Law Ministry has opined that regulations do not permit setting up of a 'platform' for selling of surplus coal by captive miners in the private sector.

2G case: Cabinet meeting on Presidential reference inconclusive

Last Updated: Saturday, March 10, 2012, 09:23

The Union Cabinet on Saturday discussed a proposal for making a Presidential Reference on the Supreme Court order cancelling 122 2G licences and decided to call the Solicitor General for consultations.

Aditya Birla group likely to bid for Aussie company New Hope

Last Updated: Tuesday, November 8, 2011, 11:27

Indian conglomerate Aditya Birla group is understood to have started the process to bid for acquiring Australian coal company New Hope valued at an estimated USD 5.2 billion.