RIL had sought, inter alia, to restrict KG-D6 block audit to accounting books and records

Refusing the demands of the Mukesh-Ambani-owned Reliance Industries Limited (RIL), the Comptroller and Auditor General (CAG) has stated that the operator’s “restrictive conditions” for carrying out an audit of the KG-D6 offshore block “impinge upon the basic mandate, rights and obligations of the [CAG]” to conduct as well as report the results of its audit to Parliament.

The Environment Ministry is now under the scanner of a parliamentary committee that has reportedly directed it to “properly monitor green clearances given to coal mining firms, particularly in stat

In a major setback to the Union Health and Family Welfare Ministry, a Parliamentary Committee has rejected a Bill which seeks to provide a mechanism to regulate standards of medical education in the country citing “serious apprehensions” raised by various stakeholders, including State governments.

In its report, the Parliamentary Standing Committee on Health that considered the National Commission for Human Resources for Health (NCHRH) Bill, 2011, has recommended that the Ministry may withdraw this Bill and bring forward a fresh Bill after sufficiently addressing all the views, suggestions and the concerns expressed

New Delhi Environment minister Jayanthi Natarajan, who has raised objections to the proposed National Investment Board (NIB), on Monday said that she would speak to Prime Minister Manmohan Singh on the issue.

“We will speak to the PM about the reservations we have on the issue. Whatever I have to say, I will say it in the Cabinet to the PM. But I will protect the interest of the environment,” she said.

So far, the govt has de-allocated 10 blocks and forfeited bank guarantees of 13 firms on the basis of recommendations made by an IMG

The Bharatiya Janata Party (BJP) has alleged the Centre was being selective in cancelling coal block allocations. “The government is only de-allocating blocks with small reserves, but the bigger reserves that were given to private companies free of cost are not being de-allocated,” said Hansraj Ahir, BJP’s member of Parliament, who blew the lid off the block allocation scam.

Bill during winter session of Parliament; only two-thirds of landowners will have to agree before land can be acquired

After three rounds of vigorous debate, a Group of Ministers has approved the controversial Land Acquisition Bill, with few changes from the version presented to the Union Cabinet last month. This paves the way for the Bill to be introduced in Parliament in the winter session.

BHUBANESWAR: Even as the Justice MB Saha Commission is investigating the illegal mining activities, the Ministry of Coal has asked the State Government to submit a report on the action taken to cur

The government today approved changes to the Companies Bill, 2011, introducing a provision to compel all companies to spend on activities related to corporate social responsibility (CSR). A company not doing so or spending less than the required amount would have to explain why.

The revised Bill is expected to be introduced in the winter session of Parliament. It has also limited the number of companies an auditor can serve at any time to 20. It has brought more clarity on the criminal liability of auditors. The changes include annual ratification of appointment of an auditor for five years and a new clause for falsely inducing banks to obtain credit.

In Separate Opinion, Justice Khehar Stresses Bidding Route For Coal Blocks

Govt Must Decide What Best Serves Common Good