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Author: admin (Infratructure Today)

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Decoding the New Legislation

Decoding the New Legislation

The current legislative framework in relation to eligibility with respect to coal mining in India is the Coal Mines (Nationalization) Act, 1973 (´CMN Act´). Under the CMN Act, nationalization of coal mines was completed in two phases.

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Urban infrastructure: Challenges in India

Urban infrastructure: Challenges in India

Urban India is important to the Indian economy, society, polity and the environment in more ways than one. For instance, nearly 600 million Indians would be living in cities by 2030, while cities would generate nearly 70 per cent of new jobs by 2030 and also produce more than 70 per cent of India´s gross domestic product.

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IT Dept slaps Rs.20,495 cr tax demand on Cairn India

IT Dept slaps Rs.20,495 cr tax demand on Cairn India

Cairn India Ltd, the petroleum arm of London-headquartered Vedanta Resources Plc, has received a tax notice of Rs.20,495 crore from the Income Tax department for failing to deduct withholding tax on alleged capital gains by its erstwhile promoter, Cairn UK Holdings Ltd (CUHL), a subsidiary of Edinburgh-based Cairn Energy Plc.

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Tapti field shows signs of early dry-out

Tapti field shows signs of early dry-out

The Tapti gas field, part of the Panna-Mukta-Tapti asset in the west coast of India, has started showing signs of a rapid early decline in output. According to the latest estimates, the field, which was earlier expected to produce till the end of the next financial year, might see production end by June.