Mobility paves Samsung’s silver path
The Korean giant’s early bet on mobile phones helped it hit the $10-bn mark in India, but in its 25th year it ...
File Photo of US Supreme Court in Washington, DC. - Reuters
The US Supreme Court has agreed to take up an appeal by Indian villagers against a power plant in Gujarat, funded by US-based International Finance Corporation (IFC), which has allegedly resulted in environmental damages. “Petition granted”, the Supreme Court said yesterday. The case would come up for hearing in the next session, beginning October.
The villagers, led by Budha Ismail Jam, along with several other farmers and fishermen, allege that coal-fired Tata Mundra Power Plant has resulted in widespread environmental damages. Washington DC-based IFC, the financing wing of the World Bank, has provided USD 450 million in financial assistance to the project.
The Supreme Court said it would decide whether the IFC enjoyed immunity under the 1945 International Organisations Immunity Act.
Jam and other petitioners knocked the door of the Supreme Court this year after lower courts dismissed their petitions arguing that the IFC enjoyed immunity, like other foreign countries, under the 1945 International Organizations Immunity Act.
In their petition, the villagers argued that the Tata Mundra Power Plant has failed to comply with international environmental standards. This has resulted in devastation of local environment. “International organisations play an ever-increasing role in the economic landscape of this country and the world. Therefore, the question whether they are absolutely immune from any kind of lawsuit — no matter how strictly commercial their activities; no matter how egregious their actions; and no matter the views of the Executive Branch — has great significance,” the petitioners argued.
In 2015, the applicants — Indian farmers, fishermen, a trade union of fishworkers, and a local government entity — sued the IFC in the US District Court for the District of Columbia. They brought claims for negligence, negligent supervision, public nuisance, private nuisance, trespass, and breach of contract.
The petitioners lost the case before a district court in 2016 and the US Court of Appeals for the District of Columbia in 2017. Both the courts argued that IFC enjoys immunity.
The Korean giant’s early bet on mobile phones helped it hit the $10-bn mark in India, but in its 25th year it ...
Antrix should adopt a different tactic than merely fighting over jurisdiction: Experts
Invest in relationships, enterprise, behaviour, effort and learning
From different types of osmoses to new membranes, researchers have come up with ways of drawing water
Will a stock continue its current trend or will it reverse? We tell you how you can read chart patterns to ...
Sensex and Nifty 50 saw selling interest on Friday and slumped; selling pressure could continue
Investors with a long-term horizon can consider this offer
Most AMCs have been sending out cryptic e-mails. We tell you how to read between the lines
In these isolated times when people yearn for a slice of the familiar, amateur and professional chefs are ...
On the eve of his 86th birthday, a peek into an interview-based book that reveals the actor’s many moods, ...
Forget the tuna. The island nation will keep you full and happy with coconut, koftas and jasmine
This year, on Facebook, I saw that someone had posted a list of EASY RESOLUTIONS. I didn’t copy them down but ...
Digital is becoming dominant media, but are companies and their ad agencies transforming fast enough to make a ...
Slow Network, promoted by journalist-lyricist Neelesh Misra, pushes rural products and experiences
How marketers can use the traditional exchange of festive wishes meaningfully
For Fortune, a brand celebrating its 20th anniversary, it was a rude shock to become the butt of social media ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor