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Rift between CM, Reddy brothers widens
The rift between Karnataka chief minister B S Yeddyurappa and his mine-owning ministerial colleagues continued as they stepped up their campaign against a new cess imposed on lorries transporting iron ore. Tourism minister G Janardhana Reddy, himself a mine owner in the ore-rich Bellary district, took the lead in holding parleys with like-minded fellow miners since yesterday to mobilise support against the Rs 1,000 cess on each lorry load of iron ore, sources close to them said here. There are 92 licenced owners of mines in the district and about 40 of them have been carrying on mining.

INVESTING: Paras Adenwala
What sense do you make of the upcoming real estate initial public offers? There is a lot of hype around them. The shares of many real estate companies that came up with public issues in the past are trading below their offer prices. What is the outlook for the sector?

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Left may co-ordinate with BJP to tackle 'aggressive' UPA
After voting with sworn political enemy Bharatiya Janata Party (BJP) against its one-time ally — the United Progressive Alliance (UPA) — last year, the Left is again considering floor co-ordination with the BJP in Parliament.
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Nirma's 'controversial' cement project gets government nod

Gujarat government has given its green signal to Nirma Ltd"s controversial cement plant in Mahuva. The company has been aiming to foray into cement production by setting up a 2.4 million tonnes cement plant in Bhavnagar district for an estimated investment of Rs 1000 crore, according to industry sources privy to the development. - Bal Thackeray on a comeback trail to revive Shiv Sena - Hindalco to raise Rs 2,900 crore in QIP - "Nirmala Nagara" to ensure cleaner towns, cities - Missing: An employment plan - Letters: Sachin"s best century">Letters: Sachin"s best century - Give priority to locals in jobs: MNS to SBI Vajubhai Vala, finance minister and Saurabh Patel, minister of state for power and industry, government of Gujarat today announced the development at Bhavnagar. "Around 54 hectares of land would be excluded from the proposed plant"s total land allotment," the ministers said. The decision to give a go ahead to the cement plant was taken after the recommendation of a sub-committee, which was constituted to find out an amicable solution for setting up the plant. Nirma has been aiming to set up the cement project for the last five to six years now. Residents of about dozen villages in the Bhavnagar region had opposed the cement plant over the land acquisition issue. Under the leadership of Kanubhai Kalsaria, a BJP MLA from Mahua, the villagers had agitated against the allotment of over 4,000 hectares of land to Nirma Group for the cement project. The land provisioned for the project included wasteland and grazing land in villages such Dudheri, Gajarda, Delia and Amlia. These villages are located on the coastal belt of Mahuva. The state government authorities had granted the land to the company saying that the area is saline and land is not fertile enough for cultivation. However, the villagers and farmers were optimistic about the fertility of the land as two dams were coming up in that region providing necessary irrigation water to them. The Gujarat government appointed a high-power committee to look into Nirma Cement Project controversy in May. The five member committee was headed by SK Shelat, advisor to Gujarat chief minister Narendra Modi.


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