A senior official in the central labour commissioner's office said the efforts of the government were to resolve the cases amicably and not to press for legal action against employers. "Everyone is going through tough times. We could initiate legal action if we want but that's not the idea. We want to address the issues amicably," the official said.
It is also understood that scope of this audit will far exceed the normal course of audit by CAG and the prime objective may be to detect fraud, if any, by RIL allegedly in collusion with oil regulator DGH and Ministry of Petroleum and Natural Gas.
Prime Minister Dr Manmohan Singh on Saturday said that a needless controversy had been created over the Pokhran II nuclear tests that took place in May 1998.
A consortium of British Gas, Oil and Natural Gas Corporation and Reliance Industries, which controls the PMT fields off the west coast, is spending about Rs 2,500 crore (Rs 25 billion) for reviving the reserve in this fiscal, while new wells are being drilled at the Cairn-operated Ravva field (off the Andhra coast) for small-sized additional discoveries. The Tapti field has witnessed 'natural decline in the production profile' during the first quarter ended June 2009.
Oil and Natural Gas Corporation had in 2007 farmed out 15 per cent stake in the KG-DWN-98/2 block, which sits next to Reliance Industries' KG-D6 block, to Brazil's state-controlled oil firm Petroleo Brasileiro SA or Petrobras.
Legendary all-rounders Gary Sobers, Ian Botham and Chris Cairns had scored more runs than Ravichandran Ashwin after 17 matches, however the Indian off-spinner has claimed more wickets than the three players.
Of the 10 coal bed methane blocks on offer, bids were received only for 8. RIL bid for one block. Of the 24 deep water blocks on offer, bids were received only for eight.
India on Monday emphasised the need for resuming talks on the WTO's stalled Doha Round, stating that the negotiating text for global trade can be the staring point for further talks.
As Cairn India began to pump crude oil on Monday from its Mangala oilfield here.
The need for larger investment in infrastructure that is the biggest shortcoming, says A V Rajwade.
Delhi Police Crime Branch raided the office of a petrochemical co.
Sensex lacklustre, bluechips in focus.
The ICICI board is looking to the retired petroleum secretary to provide 'maturity and sagacity'.
The 314-runs first innings lead gained by New Zealand in the second Test is the highest ever they gained against India. The previous record was a 295-run lead at Christchurch in 1989-90.
The total investment at risk is $930 billion and oil companies will need to cut their expenses by 30 per cent to make their projects viable provided oil remains around $70 a barrel.
Commerce and Industry Minister Anand Sharma will meet new US Trade Representative Ron Kirk at Bali in Indonesia on June 6-7, on the sidelines of the meeting of the Cairns Group of farm product-exporting countries. The two countries have serious differences on the level of protection that can be given to farmers as and when the global market for farm products is opened up. India has argued all along that it cannot compromise on food security and livelihood concerns.
Delhi Police on Thursday arrested 2 more persons in connection with the corporate espionage case.
Poor disclosure among India-listed firms is a turnoff for foreign investors.
The fifth match of the ICL 20s Indian Championship witnessed the in form Chandigarh Lions edge Mumbai Champs by two wickets in a low-scoring game at the LB Stadium in Hyderabad on Monday.
Summary of sports events and persons who made news on Friday.
An English couple has been labelled "tourists of evil omen" as every time they went on holidays to New York, London or Mumbai, they have been on terror trail.However, the couple, Jason and Jenny Cairns-Lawrence from the West Midlands, must be among the world's luckiest people as they escaped unhurt after being in the cities during the terror attacks.
On Sunday, angry villagers of Leelala laid their own foundation stone - which had 'aam aadmi' inscribed as the name of the chief guest - still claiming the project was to come up in their village.
Six former New Zealand internationals who played in the ICL have effectively been banned from playing for the national team again.
India-born steel magnate LN Mittal met Prime Minister Manmohan Singh on December 8 to discuss his plans in the oil and gas sector in India. The meeting has led to reports that Mittal is interested in taking over Cairn India's assets, which includes prospective oil discovery in Rajasthan.
Pakistan World XI scored a nine-wicket victory over World XI in the second match of the ICL 20s World Series.
India's tax officials, long the scourge of foreign investors, are under government pressure to avoid aggressive claims against overseas funds.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
Movement of rupee and crude oil prices will also dictate the trend
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
Sensex is under pressure due to concerns in the global market.
Let's journey with Parineeti Chopra to Australia!
Chasing a modest target of 125, Chandigarh Lions surrendered meekly handing a 43-run win victory to Kolkata Tigers in the fifth match of the Indian Cricket League's Twenty20 tournament in Panchkula
The ICL World booked their place in the final of the Indian Cricket League's World Series Twenty20 competition by beating ICL Pakistanis by six wickets in Hyderabad on Monday. The Chris Cairns-led World team will now face ICL India in Tuesday's title clash. Inzamam-ul-Haq won the toss but his team could manage only 113 before being bowled out in 19.4 overs. In reply, ICL World achieved the target without much trouble and finished with 117 for four in 17.2 overs.
The fourth match of the ICL 20s World Series featured the resurgent ICL India team, fresh from a fantastic victory over ICL Pakistani, take on the formidable ICL World at the Lal Bahadur Stadium in Hyderabad on Saturday. In the end the young ICL Indian boys outclassed their illustrious opponents in all departments of the game to register their second consecutive win by 44 runs.
Rediff reader Anil Raichur spotted Aussie pacer Mitchell Johnson at the Brisbane Domestic Airport.
Bihar is now poised to emerge as one of India's next major destinations for oil and natural gas reserves.
Yuvraj Singh is the Shah Rukh Khan of the Indian team. Chase 12 per over? Produce some magic to pull a game back? Run-out with a direct throw? No problem. Main Hoon Na... writes Amrit Mathur.
Utility vehicles manufacturer Mahindra & Mahindra will replace Hero Honda in the country's benchmark index Sensex from July 9.
The 92nd Annual Academy Awards hardly had any surprises up its sleeves. Here's a quick look at the winners.
More than 70 global energy firms, including ExxonMobil, Chevron Texaco, Conoco Phillip, BHP and Shell, lined up in Houston to have a sneak preview of India's latest offering of oil and gas blocks under the New Exploration Licensing Policy.
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