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Essar

SEZ approvals of Hindalco, Essar, Adani might be cancelled by the government

SEZ approvals of Hindalco, Essar, Adani might be cancelled by the government
Government is likely to cancel the approvals granted by it to nine companies including Hindalco Industries, Essar and Adani. This approval was given to these companies for setting up of special economic zones (SEZ); however no work has been done to execute the projects. The Development Commissioners (DC) have recommended to the Board of Approval [...] Continue Reading »

Jan 1 taken as cut-off date for land prices by Odisha

Jan 1 taken as cut-off date for land prices by Odisha
The date January 1, 2014, has been fixed by the state government to evaluate the benchmark value of land. On the same day, the revised land acquisition law, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (RFCTLAR&R), 2013, came into effect. Land acquisition cases initiated before 2014 will be [...] Continue Reading »



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