Some have called it a surgical strike on black money while the Supreme Court labelled it ´carpet bombing´. Yes, we are talking demonetisation, the topic of the day, and the target of this attack are black and counterfeit money.
Tag: Supreme Court
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Revisiting Dispute Resolution Mechanisms
The private sector brings with it the benefit of private funding of the projects and efficiency of operations. ´Public-Private Partnership´ (PPP) has been a relatively flourishing model for infrastructure development in India.
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We are mechanising all our mines for better turnaround time
The Ministry of Coal (MoC) is targeting coal production of 1.5 billion tonnes. Of this one billion tonnes will come from Coal India Limited (CIL) and the remaining 500 million tonnes will come from non-CIL sources, particularly from the mines that are presently being auctioned or allocated to non-Coal India entities.
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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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The road to safety
With a population of over a billion people, it's no surprise that fatalities from road accidents in India amount to little more than just statistics. Sometimes, though, a single death makes a difference and plunges an entire nation into grief.
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Delhi HC upholds penalty on call drops; telcos may appeal in SC
The Delhi HC, in late February, upheld the telecom regulator´s rules set last October that mandate telcos to pay Re 1 per call drop to consumers, capped at `3 a day.
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Power firms await coal linkage policy
Power producers have made a fresh appeal to the Centre to release a coal linkage policy soon. They have argued the coal linkage policy announced by the previous UPA government had covered 78,000 MW to be commercially operational by March 31, 2015.
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Insolvency and bankruptcy code: Resolving the NPA crisis
The one thing, which is commonly heard in the corridors of the financial world, is the looming concern as regards the huge NPA that banks are currently saddled with. Long drawn processes pertaining to insolvency has taken a toll on the credit realization in the country.
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SC asks Vodafone to deposit Rs.2,000 cr
The Supreme Court directed Vodafone India to deposit Rs.2,000 crore with the department of telecommunications, paving the way for the phone company to go ahead with a three-year-old process to merge six group units amid a plan to revive an initial public offering (IPO).
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EPC contractual issues
One of the major costs in an infrastructure project is the tax cost that a project has to bear on account of various indirect taxes, viz., the value added tax, works contract tax, service tax and many other similar taxes. Typically, in most of the infrastructure projects, the owner awards a turnkey contract to one party known as the engineering, procurement and construction (EPC) contractor.