REGULAR STORY

Manash Sarkar appointed NTPC executive director

India’s largest power producer, NTPC has appointed Manash Sarkar, managing director of Ratnagiri Gas and Power private limited, as its new executive director (Corporate Affairs and Corporate Communication) replacing A N Davey.

After Yedurappa, Modi now wants Marandi back in BJP

After nearly convincing former Karnataka chief minister BS Yeddyurappa to return to the BJP in a bid to shore up the party’s prospects in the southern state, Gujarat chief minister Narendra Modi has now set his eyes on Jharkhand. Modi, the B

The landed poor: public sector undertakings

In India, persons deemed to be craving for too much success and riches are routinely ticked off with the “you can’t take your wealth to your grave, can you” question. But what is impossible for human beings seems like a near cert

PMO likely to cancel allocation of 164 coal blocks

The prime minister’s office (PMO) is seriously considering cancelling the 164 allocated coal blocks by Monday and file an affidavit before supreme court to this effect, it is learnt. The Congress core committee is set to discuss the

Gangrape: pause for 14 days, how fast is fast-track in India?

The juvenile who is charged with being involved in the gangrape and murderous assault on a 23-year-old medical student on December 16, 2012, and who is no more a juvenile now, can stay an accused for a fortnight more. The juvenile justice board (J

Closure recommended for ailing Hindustan Photo Films

The board for reconstruction of public sector enterprises (BRPSE) has recommended closure of the two units of the sick public sector undertaking Hindustan Photo Films (HPF). The company has two manufacturing plants — the main factory at Oota

SC draws line, politics is now a little less dirty

A minister in a state was last month convicted and sentenced to three years in jail after what is referred to as illegal mining. He appealed before the higher court just in time, before the supreme court came up with its latest act to clean up pol

PSUs will have to part with unspent CSR funds

Soon, public sector undertakings (PSUs) unable to spent their CSR funds will have to part with it as the department of public enterprises (DPE) is mulling over setting up a sustainability fund in collaboration with the World Bank. The DPE

Cautious optimism for RBI`s boost to low-cost housing

The Reserve Bank of India’s (RBI) latest move to give a booster dose to the low-cost housing sector has evoked mixed feelings among developers and real estate experts. While most have welcomed the move, some are sceptical, too. The R

Rise and rise of Modi: winnability first, allies later

Almost a year ago I asked Narendra Modi about his political aspirations and if he ever wanted to become prime minister. He did not lapse into silence like most political leaders would and instead looked me in the eyes and said “That is a loa

Deccan Chronicle chief booked for cheating Canara Bank

In yet another blow to the debt-ridden Deccan Chronicle Holdings Private Limited, the CBI on Tuesday registered a cheating case against its chairman, T Venkatrami Reddy. Vice-chairman and managing director of the Hyderabad-based firm T Vinayak Rav

Chronicles of a suicide foretold

Robin started working with our family—my parents and I—in Delhi in the early 2000s, an earnest and smart 16-year-old boy from a poverty-stricken family in a small village in Bengal. Not to be immodest, but our family has always

Ansals fined for not handing over flat, making `frivolous` petition

In what would come as a relief for all home buyers who run from pillar to post to get possession of their dream flat, real estate major Ansal Properties and Infrastructures Limited has been asked to cough up a penalty of Rs 1 lakh for not providin

When CBI failed to awaken the Bania in Amit Shah

Hearsay, these days, seems to have acquired greater validity than truth. Look at the manner in which the CBI has been trying to implicate Gujarat chief minister Narendra Modi and his lieutenant Amit Shah in the Ishrat Jehan encounter case. All it

Which is the most corrupt institution in India?

Our political parties, the ones that are the actual agents of democracy and in charge of this republic, are the most corrupt among 12 institutions of our country. Or that is what people perceive, going by the just-released annual opinion poll from

Sudhir Kumar Jain named CMD of Syndicate Bank

The government on Monday appointed Sudhir Kumar Jain as the new chairman and managing director of Syndicate bank. Jain will now be at the helm of the public sector bank for a period of five years from the date of taking charge or until further ord

Top guns in race to head RBI: over to govt now

As the term of the reserve bank of India’s governor Duvvuri Subbarao nears its completion in September, speculations on his likely successors have begun. The name of the next governor is likely to be announced by the first or second week of

FRRO travails

Students from abroad have to apply for permission to stay in India at the foreign registration office (FRO) every year. This registration should be done fourteen days upon arrival in the country. Failure to do so might warrant arrest and deportati

Regulation can`t be outsourced to independent directors

If only the promoters/management of companies had not unduly enriched themselves at the expense of the minority shareholders and only if they had complied with laws and regulations, the birth of the institution of independent directors (IDs) would

Management, GHMC blamed for Secunderabad hotel collapse

The death toll in Secunderabad building collapse reached 11, raising the spectre of humongous loss in one of the biggest tragedies of the twin cities. The 40-year-old old building that collapsed was located on the busy RP Road, and housed the City

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