Around the Globe

Around the Globe

Demonetisation: Ruling Congress stages protest in Puducherry

Several Congress workers in Puducherry today staged a demonstration outside central government offices here, to protest the "hasty and faulty" decision of the Centre to demonetise high value currency notes.

Addressing agitators outside a nationalised bank in the heart of the town, Puducherry PWD Minister A Namassivayam claimed that the demonetisation scheme had caused "inexplicable havoc to all sections of people and more particularly the workers and the poorer sections."

BSP announces third list of candidates

BSP today announced its third list of candidates for 100 more Assembly seats, with 24 Muslim aspirants getting tickets.

The party has declared nominees for 300 of the 403 assembly seats so far. While BSP's first list of 100 candidates contained names of 36 Muslim candidates, the second and third list have 22 and 24 aspirants respectively from that community.

Muslims account for nearly 20 per cent of the state's electorate and perhaps keeping this in mind, members of that community have been given the weightage.

Pondy BJP scoffs at Congress' criticism of functioning of Bedi

The Puducherry unit of BJP today scoffed at the criticisms made against the functioning of Lt Governor Kiran Bedi, by the ruling Congress here.

President of the local BJP, V Saminathan told PTI today that he had apprised the Union Home Minister Rajnath Singh of the "Excellent work" Kiran Bedi has been doing in Puducherry to ensure a clean administration and to achieve "prosperous Puducherry."

He also said the Congress' demand to the Centre to rein in the Lt Governor "is only an infructuous exercise."

Court reserves order in coal scam case against ex-coal secy Gupta

A special court here has reserved for February 7 its order in a coal scam case against former coal secretary H C Gupta and five others relating to alleged irregularities in allocation of a coal block in Madhya Pradesh to an accused firm.

Special CBI Judge Bharat Parashar reserved its verdict after CBI and the accused, including Gupta, two senior government officials, K S Kropha and K C Samria, firm Kamal Sponge Steel and Power Ltd (KSSPL), its managing director Pawan Kumar Ahluwalia and chartered accountant Amit Goyal, concluded their arguments.

Trai to review tariff rules, numbering plan with telcos

Telecom regulator Trai will soon form a joint committee with telecom operators to review tariff rules, telephone numbering plan and work towards making its monitoring more transparent.

"We will form a committee consisting of Trai officers and telecom operators' representative to suggest which are the provisions that have become obsolete and need to be changed. This includes tariff order, regulations, licensing and others," Trai Chairman RS Sharma told reporters after meeting telecom operators.

SC restrains Aircel-Maxis from transferring 2G licences

The Supreme Court today restrained transfer of 2G licences from Malaysia's Maxis which was originally allotted to Aircel to any other telecom company.

A bench headed by Chief Justice J S Khehar also proposed to restrain earning of any revenue by using the 2G spectrum licences which were originally granted to Aircel in 2006.

Tata Sons calls EGM on Feb 6 to oust Mistry as Director

After ousting him as Chairman, Tata Sons has called a shareholders' meeting on February 6 to remove Cyrus Mistry as director of the holding company of the USD 103-billion Tata Group.

Tata Sons had abruptly removed Mistry as its Chairman on October 24 and sought his ouster from operating companies like Tata Motors and TCS. Mistry subsequently resigned from the board of six companies, but dragged Tata Sons and his interim successor Ratan Tata to the National Company Law Tribunal.

SC refuses urgent hearing on plea to put off Union Budget

The Supreme Court today refused an urgent hearing on a plea seeking postponement of presentation of Union Budget due to assembly elections in five states.

"There is no urgency in it. We will lay down the law when this petition comes up," a bench headed by Chief Justice J S Khehar said.

Advocate M L Sharma, who filed the PIL on the issue, mentioned it and sought an urgent hearing.

Harvesting sun

With solar installations estimated to have crossed 4gw in 2016 against 2.3gw installed in 2015, India seems well on the mark as far as solar ambitions go.
For the solar sector, the year gone by was certainly a rewarding one as the key ind­icators grew around 2-3 times in 2016. According to a study by Bri­dge to India, a ma­rket research firm, India add­ed 4.9gw solar capacity, a rise of 101 per cent over 2015, and crossed the 10gw cumulative installed capacity mark. The rooftop segment crossed one gw in September 2016, which is 135 per cent jump over 2015.

Gadkari’s road record as awful as UPA’s

The Modi government’s grand plans of rapidly expanding the highway network seem to be running out of steam in spite of the highly ranked minister Nitin Gadkari being at the helm in the road ministry.
Not only the pace has slowed but also the sector continues to be bogged by old issues of land acquisition, tepid investor response, environment and legal hassles. The same set of problems had constrained road development during the previous UPA-II government as well. The NDA record, it looks, is no different either.