British firm Cairn Energy has approached the Rajasthan government seeking permission for commercial production of up to six million tonnes of pit oil a year from its fields in Barmer district.
For all those auto enthusiasts who thought Mahindra have only been manufacturing Jeeps and trucks in the '90s, Timeless Mahindra offers plenty of interesting surprises, discovers Rajesh Kareka/Rediff.com.
The highest winning margin was registered by BJP candidate Subhash Chandra Baheria in Bhilwara who defeated Congress candidate Ram Pal Sharma with a margin of 6,12,000 votes.
Courts in five countries including the US and the UK have given recognition to an arbitration award that asked India to return $1.4 billion to Cairn Energy plc - a step that now opens the possibility of the British firm seizing Indian assets in those countries if New Delhi does not pay, sources said. Cairn Energy had moved courts in nine countries to enforce its $1.4 billion arbitral award against India, which the company won after a dispute with the country's revenue authority over a retroactively applied capital gains tax. Of these, the December 21 award from a three-member tribunal at the Permanent Court of Arbitration in the Netherlands has been recognised and confirmed by courts in the US, the UK, Netherlands, Canada and France, three people with knowledge of the matter said.
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Mayank Ashar talks about India's business environment.
In the upcoming round of privatisation, unviable airports are likely to be clubbed with six main airports and a prospective bidder may be restricted to bid for two airports.
At the rally in election-bound Rajasthan the Gandhi scion stressed on the collective dream for a prosperous nation, reports Shahnawaz Akhtar
Cairn Energy of the United Kingdom has again struck oil in Barmer basin of Rajasthan, Petroleum Minister Ram Naik said on Friday.
Another big discovery of gas, like the one in Barmer in Rajasthan, was expected in a week's time, Petroleum Minister Ram Naik, said on Monday.
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.
The Cabinet Committee on Economic Affairs at its meeting this morning approved the project, official sources said.
As veteran Bharatiya Janata Party leader Jaswant Singh and former Union minister and vice president of the BJP Kisan Morcha Subhash Maharia have now made the infighting within the saffron party in Rajasthan public, chances of the ruling party touching the mark of 25 seats now seems impossible, say political observers. Shahnawaz Akhtar reports
The incident occurred in Barmer district.
A MiG-21 Bison fighter aircraft of the Indian Air Force crashed on Monday while landing at Uttarlai airbase in western Rajasthan, leaving the pilot dead.
She would also have a separate meeting with the defence secretary every day.
Swarms of immature pink locusts and adult yellow locusts are currrently active. Not only are fresh locusts swarms expected to arrive in the coming weeks, but even those already present in India have mated and are breeding new offspring.
Despite a clean sweep for the BJP in Rajasthan, Chief Minister Vasundhara Raje had to put up a fight to get at least one MP from her state into Prime Minister Narendra Modi's Council of Ministers.
After expelling party stalwart Jaswant Singh, now it seems that the Bharatiya Janata Party is all set to take action against the veteran leader's son and legislator Manvendra Singh for allegedly campaigning for his father.
Bharatiya Janata Party leader Arun Jaitley on Wednesday criticised rebel leader Jaswant Singh saying he was "over reacting" to the denial of ticket to him from Barmer.
With a sulking Jaswant Singh set to contest from Barmer as an Independent after being denied a party ticket, Bharatiya Janata Party leader Arun Jaitley on Sunday said leaders should sometimes learn to accept a "no" from the party.
The production company sent a missive to Shree Rajput Karni Sena and Shree Rajput Sabha Bhawan, its leaders claimed but alleged that the move was only a ploy "aimed at fooling".
A MiG-27 aircraft of the Indian Air Force crashed within two minutes of taking off in Rajasthan's Barmer district, but the pilot bailed out safely.
Rediff readers tell us about their first salary.
Singh said that a good climate has developed for foreign investors in India.
After the denial of ticket to Jaswant Singh, a member of the Rajput community and a former Union minister, BJP cadres and members of the community across Rajasthan are incensed, says Shahnawaz Akhtar
With frontline IAF fighter aircraft such as the Sukhoi-30, AWACS and UAVs providing live feed of war games to battle field commanders, army is testing its war-fighting doctrine in the Barmer-Jaisalmer sector.
The company management remained tight-lipped about the resignations, but indicated there was nothing unusual in these movements.
The pilot, who sustained injuries, was later rescued by an IAF chopper
Given its actions, it doesn't appear that Pakistan really wants peace, the army chief added.
There are no guesses on how many times the group of ministers will meet before any clarity emerges on the $9.6-billion deal.
Three heads of chinkaras and uncooked meat were on Friday seized from an Army tank repair unit in Barmer in Rajasthan, after which it ordered a Court of Inquiry (CoI) to investigate the matter.
The government will reserve the right to decide on the cost recoverability of royalty from Cairn India's block in Barmer while clearing Cairn Energy's sale of its Indian subsidiary to Vedanta Resources.
A MiG-21 combat aircraft of the Indian Air Force on Friday crashed near Uttarlai airport in Rajasthan's Barmer district, but the pilot managed to eject safely. The plane was on a routine sortie and the incident occurred at around 11.30 am, when the pilot was preparing for landing. The pilot, Flying Officer Amit, ejected safely, a defence ministry spokesperson said.A court of inquiry has been ordered, he said.
If the waxy crude oil from Cairn's Mangala field in Rajasthan's Barmer area could get the company such high valuations, the prospects of other companies producing higher-grade crude oil or natural gas certainly brighten.
ONGC's return on investment becomes positive after govt makes Barmer block royalty cost-recoverable.
Heavy to very heavy rains are expected in Maharashtra, Gujarat, west Madhya Pradesh and Goa in the next couple of days, the India Meteorological Department said.
The BJP's victory in the desert state was so absolute that the Congress failed to open its electoral account in 17 of Rajasthan's 33 districts! P B Chandra reports.
The EC cited Section 8(1)(g) of the RTI Act exempting the disclosure of information which would endanger the life or physical safety of any person or identify the source of information or assistance given in confidence for law enforcement or security purposes.
P B Chandra finds out if the 'Modi wave' is sweeping the desert state as party workers have been claiming since the Bharatiya Janata Party's thumping victory in the assembly polls last year.
The government-owned Oil and Natural Gas Corporation, Cairn India's partner in the Barmer block in Rajasthan, is closely scrutinising the stake sale in Cairn India by Cairn Energy.
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