Lease

  • Centre asks states to clear 63,395 pending mines leases May 7, 2014

    New Delhi: Irked over slow pace of disposal of mines concessions, the Centre has asked the states to clear over 60,000 applications without delays. "A huge 63,395 mineral concession applications are pending with Karnataka, Andhra Pradesh, Rajasthan, Chhattisgarh, Goa, Gujarat, Jharkhand, Madhya Pradesh, Maharashtra, Odisha and Tamil Nadu. We have...
  • Cabinet nod for shale gas exploration on nomination basis September 24, 2013

    New Delhi:The Cabinet Committee on Economic Affairs on Tuesday approved exploration and exploitation of shale gas and oil by national oil companies (NOCs) on acreages given on a nomination basis. "This policy will allow NOCs to carry out exploration and exploitation of unconventional hydrocarbon resources particularly shale gas and oil in...
  • Jaipur: Court orders inquiry against Gehlot over illegal mining leases September 17, 2013

    Jaipur: A Jaipur court on Tuesday ordered inquiry against Chief Minister Ashok Gehlot over illegal mining leases. The chief minister is accused of favouring his relatives while granting mining leases. He allegedly tweaked norms to help his family members get mining leases. Nineteen of Gehlot's relatives, including three from his brother and...
  • Made a mistake by allotting land to Asaram, says Digvijaya September 15, 2013

    Congress General Secretary Digvijaya Singh said he had made a mistake by allotting land to self styled godman Asaram, who is facing charges of sexual assault. The deal was struck during Digvijaya Singh's tenure as Madhya Pradesh chief minister. He has now demanded that the BJP government should cancel...
  • Goa: Suspension on mining leases to be lifted after Ganesh festival September 6, 2013

    The Goa government will begin the process of lifting suspension on the mining leases only after the ten-day long Ganesh Chaturthi festival beginning from Monday, a senior official said on Friday. Assistant Director of Mines and Geology Department Parag Nagarcekar told PTI that the process to sign lease agreements with mine...
  • Suspension order of mining leases to be withdrawn: Manohar Parikkar August 20, 2013

    Goa government has decided to lift the suspension order on mining leases and also formed a special investigation team (SIT) of state police to investigate into illegal mining in the state. State Chief Minister Manohar Parrikar told reporters on Tuesday that the suspension order issued in September 2012 against all the...
  • Air India to acquire 19 new A320s August 13, 2013

    In a bid to face heightened competition from nofrill carriers and replace its old fleet, Air India has started the process of acquiring 19 new Airbus A320s, an aircraft that has been its warhorse for domestic operations for over two decades. The national carrier has sought dryleasing these planes for six...
  • Mining leases being doled out in the state ahead of elections: Congress August 7, 2013

    Congress on Wednesday alleged that BJP government in Madhya Pradesh was distributing mining licenses without due process to "gather funds" ahead of the Assembly elections, due by yearend. Leader of Opposition in Assembly Ajay Singh also said that illegal sand mining was rampant in Tawa and Budhni areas. Seeking immediate freezing...
  • 'Leasing cos cautious towards Indian aircraft carriers' March 31, 2013

    New Delhi: The court battle among airport operators, tax authorities and Kingfisher Airlines' lessors over repossession of its planes may have a negative impact on other Indian carriers leasing aircraft from global leasing companies, a leading aviation consultancy firm has said. Major aircraft leasing companies and financers have started adopting...
  • Himachal govt cancels land lease of Ramdev's trust February 20, 2013

    Shimla: The Himachal Pradesh government is understood to have cancelled the land lease of yoga teacher Ramdev's Patanjali Yogpeeth sanctioned by the previous BJP regime. About 28 acres of land near Sadhupul in Solan district was given to Patanjali Yogpeeth by the BJP government in 2010 for a token lease of...
  • Air India puts Dreamliner planes for sale, leaseback January 28, 2013

    New Delhi: Air India has put all its newlyacquired Boeing 7878 Dreamliner planes for sale and leaseback, and invited bids from prospective lessors by February first week, even as all of these aircraft remained grounded across the world. Air India and other Dreamliner operators across the world have grounded their...
  • Gangjee tied 16th after Rd 1 of Leasing C'ships June 29, 2012

    Evansville: Rahil Gangjee opened with a strong round of twounder 70 in the first round to be placed at tied 16th in the United Leasing Championships on the newly christened Webdotcom Tour, formerly known as the Nationwide. Gangjee, who is five behind the leader Omar Uresti (65), may well have been...
  • Doubledigit salary hikes likely this year: Survey May 3, 2012

    New Delhi: Notwithstanding sluggish economic conditions, India Inc is expected to dole out doubledigit salary hikes this year and overall rise in pay packets could go up to 20 per cent, says a survey. Staffing firm TeamLease Services on Thursday said in a report that Indian companies are now recognising the...
  • Chinese firm bags $ 2.4 bn power project in India April 14, 2012

    Beijing/New Delhi: Power Construction Corporation of China has signed a $2.4 billion contract to build four generators of 660 mw capacity each in the second phase of a coalfired power plant in South India. The deal was signed with India's Infrastructure Leasing and Financial Services Limited...
  • Pak considering leasing GilgitBaltistan to China February 12, 2012

    Washington: Seeking to fortify its strategic ties with China amid strains in relations with US, Pakistan is considering a proposal to lease the disputed GilgitBaltistan region to Beijing for 50 years, an eminent USbased think tank has claimed, citing local media. The Pakistani move is aimed at cementing its allweather relations...
  • K'taka illegal mining: CEC to submit report February 10, 2012

    New Delhi: The Central Empowered Committee is all set to file its report in the Karnataka illegal mining scam on Friday. Sources say that the Supreme Court appointed Committee has reportedly recommended that 45 lessees be allowed to resume their mining operations. The Congress had on Wednesday reiterated its demand for...
  • RBI cautions against Manappuram Finance February 6, 2012

    Mumbai: The RBI on Monday said it has come across instances of acceptance of deposits by Keralabased Manappuram Finance even after the firm converted itself into a nondeposit taking nonbanking financial company, cautioning it was not permitted to do so. "The Reserve Bank today (Monday) advised that Manappuram Finance Limited, Thrissur,...
  • 'FDI in retail can create about 80 lakh jobs' December 4, 2011

    New Delhi: Foreign direct investment in fastgrowing retail sector will "significantly" boost hiring activities and has the potential to create about 80 lakh jobs in the country, feel experts. "Retail industry had been waiting for FDI clearance from the government for a long time. The decision to raise FDI limits (in...
  • 'The Messenger Is More Important than the Process' November 3, 2011

    Name: Manish Sabharwal Profile: Cofounder and Chairman, TeamLease Age: 41 Why He Won For trying to fix Indias people supply chain. And helping shape policy to bridge the gap between education and employability. At TeamLease, we hire somebody every five minutes, but we hire only 5 percent of the kids who come to us....
  • Strikehit AI plans wet lease of aircraft May 6, 2011

    Mumbai: Staterun Air India has invited bids for wet leasing of aircraft as its struggles to soften the effects of an ongoing strike by a section of its pilots. "In order to meet urgent operational requirements and to open up new routes, Air India Limited invites bids for wet leasing of...
  • Welldressed staff taken more seriously: Poll May 19, 2010

    Bangalore: Turning out well dressed at work could automatically mean half your battle won, going by a survey which indicates that employees who dress well are taken seriously at work than those that pay scant attention to those crumpled sleeves and faded collars. Nearly 89 per cent of respondents of a...
  • Kolkata municipal body??s profitearning move March 25, 2008

    Kolkata: The threeandahalf acre plot adjacent to the Eastern Metropolitan Bypass is Kolkata Municipal Corporation's newest gold mine. After fetching a whopping Rs 276 crore from an auction of a fiveacre plot last year, the Kolkata Municipal Corporation is all set to repeat the act. The civic body believes it can raise...
  • Mumbai's public land given at cheap rates to the rich September 8, 2007

    Mumbai: Mumbai's infrastructural problems are well known. The state administration often says it is strapped for cash. But an RTI application finds out the city has untapped wealth in the form of public lands, which are being rented out to multimillionaires at outdated rates. Not enough space to live and...
  • Police harassment for refusing to extend lease September 19, 2007

    Citizen journalist N Ethiraj recounts the horrible experience of a sub inspector of the police forcible evicting him from his house as his landlady had lodged a complaint against him for him not agreeing to extend the lease. ...
  • Patna's historic Ashram in danger June 20, 2007

    Patna: The Sadaquat Ashram in Patna is a place rich with memories of the freedom struggle and the JP movement. Eminent personalities such as Dr Rajendra Prasad and Acharya Kripalani have stayed in the place in the past. But the Congress in Bihar is now planning to lease out this...
  • Aircarriers wants tax relif to continue June 20, 2007

    New Delhi: In its wish list to the Union Finance Ministry ahead of the budget, the Indian aviation industry has sought an extension on the exemption of tax payment on leased aircraft. Air India Chairman and the Federation of Indian Airlines (FIA) head V Thulasidas, on behalf of the industry players,...
  • No land lease to outsiders, asserts J&K November 25, 2006

    Srinagar: Separatist groups in Jammu and Kashmir called for a shut down of schools and businesses on Saturday to protest a Government move to lease land for tourist resorts to people living outside the state. Most schools and colleges were closed for the day and very few vehicles plied the roads....
  • Pvt hospitals in legal trouble over land August 21, 2006

    New Delhi: The Delhi High Court has ordered the Government to cancel the lease of private aided hospitals in Delhi which don't reserve beds for poor patients. Government laws stipulate that hospitals, which take land at discounted rates from the Government, should reserve at least 25 per cent of their...