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Decoding the Arbitration Amendment

Decoding the Arbitration Amendment

India is moving towards reviving the infrastructure sector by encouraging investments by private players and reinvigorating the sector through Public-Private Partnership (PPP). The government is also providing the much-needed push by increasing the budgetary allocation to Rs.2.21 lakh crore for key infrastructure areas, such as roads, railways and ports.

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Karnataka to float fresh bids for BDA layout road works

Karnataka to float fresh bids for BDA layout road works

The Karnataka on July 4 submitted before the High Court that fresh tenders would be called for execution of road works in the controversial Nadaprabhu Kempegowda Layout, near Kengeri, and that it would revoke the previous tenders. The Government Counsel R Dev­das, in his submission before the High Court, which was hearing a petition regarding controversial financial tender/bids for executing the road works, said fresh tenders would be called shortly to award the works afresh.

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Villagers file PIL against APSEZ project

Villagers file PIL against APSEZ project

A public interest litigation (PIL) was filed in the Gujarat High Court alleging wide-spread commercial activities in the special economic zone (SEZ) of Adani Port and Special Economic Zone (APSEZ) in Mundra, Kutch. The PIL, filed by the people of Navinal village claims that the Adani Group firm was working on some construction projects in the area despite court's order of May 9, 2012, restricting any kind of construction or deve

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JSW Steel-Ispat merger clears legal hurdle

JSW Steel-Ispat merger clears legal hurdle

On May 3, 2013, the Bombay High Court cleared the Composite Scheme of Amalgamation and Arrangement between JSW Steel and JSW Ispat Steel, both the firms informed the Bombay Stock Exchange (BSE). Post-merger, promoters of JSW Steel will hold 35.12 per cent in the merged entity, while company's second largest shareholder JFE Steel holding will come down to 14.9

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Vizag port gets court notice on modernisation project

Vizag port gets court notice on modernisation project

Visakhapatnam Port Trust received a notice from the Andhra Pradesh High Court, which is hearing a petition filed by the workers union against the port's plan to rope in a private party for modernisation and upgradation of facilities at the ore handling complex (OHC). It may be noted that the port invited global tenders for the project, which it intends to implement on design, build

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Kerala govt assures court to bear liability

Kerala govt assures court to bear liability

Adovcate General of Kerala government assured the Kerala High court that the state government would bear the liability of oil marketing companies if the petition filed by Kerala State Transport Corporation was finally dismissed. Following this, the court restrained oil companies from increasing the price of diesel being supplied to cash

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CPT wants govt to introduce registry system

CPT wants govt to introduce registry system

The Cochin Port Trust (CPT) suggested the port department of Kerala government to introduce a system of issuing the certificate of registry to boats on an annual basis. The port said this in a statement filed in the Kerala High Court in response to a writ petition seeking a directive to ensure that boats plying in the backwaters had valid

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No mining should be allowed for trading

No mining should be allowed for trading

The unstoppable and straight-speaking Karnataka Lokayukta (now retired) has done his bit for the sustenance of the legitimate mining industry. While exposing the biggest mining scam to date, his observations on mining policy and practice should perhaps be heard and considered carefully.