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Sebi quizzes Sahara chief, seeks asset details

Market regulator Sebi today questioned Sahara group chief Subrata Roy and three other top executives about their assets and investments in connection with the high profile case involving refund of an estimated Rs 24,000 crore to over three crore i

Sebi foils duping bid, warns investors

The Securities and Exchange Board of India (Sebi) has foiled an attempt by a syndicate to dupe an individual on the pretext of providing higher returns on investments made by his deceased son. The economic offences wing (EOW) of Delhi police is no

No advance school fees, says court

Now the unaided private schools in the national capital cannot take fees of more than one month in advance. Much to the relief of parents, the Delhi high court on Wednesday ordered the schools not to force them to pay the fees in advance. Most sch

Posco plant could be reality soon: land ‘grab’ to resume

Just 250 acres of additional land is required for the district administration of Jagatsingpur of Odisha from the area earmarked for Posco’s proposed steel and power plant to complete the acquisition of 2,700 acres of land, which is needed to

Final Mullaperiyar hearing at SC on July 23

The final hearing on the legal battle between Tamil Nadu and Kerala over the controversial Mullaperiyar dam will be held from July 23 in the Supreme Court. A five-judge Constitution Bench of justices R M Lodha, H L Dattu, C K Prasad

Mamata jeered, minister heckled by Left protestors

West Bengal chief minister Mamata Banerjee on Tuesday faced protests over death of an SFI member from Left activists who also heckled her finance minister Amit Mitra outside the planning commission office here. A group of protesters from L

Only 81 Indian firms join UN anti-graft campaign

In the decade since the launch of United Nations Global Compact in India, an initiative to mobilise the private sector against corruption, only 81 public sector and private companies from India have become members of the country chapter. More impo

Mr Pitroda, DD isn’t socially relevant. It’s irrelevant

If you thought Indira Gandhi’s pseudo-socialist diktats are a thing of the past, and best left for WikiLeaks to handle further, you live in a fool’s world. It’s happening, it’s here, and it’s now. And it’s tough

"No time like now for Guvs to fight Maoists"

Now is the best time for governors of states where the Schedule V of Constitution to flex there power to counter left wing extremism, writes tribal affairs minister Kishore Chandra Deo in a letter to such governors. Deo highlights the lack

Modi`s Kolkata call: overtures for Mamata, swipes for Left, UPA

Gujarat chief minister Narendra Modi on Tuesday endorsed the Mamata Banerjee-led Trinamool government in West Bengal saying that he was confident that it will fulfill the people`s dreams. Modi is in Kolkata on a day long visit. Modi`s over

‘We could all connect to what Modi said’

A packed hall with people running around hunting for seats, photographers fighting for space and anxieties rising with every tick-tock of the clock, the clamour surrounding the Gujarat chief minister’s arrival was palpable. It was one of ant

Battle @ biz chambers: 5 reasons why Modi outwitted Rahul

Having sold his idea of India to the youth at the recent address at Delhi’s Shri Ram College of Commerce in January and the model of Gujarat development in his victory speech after winning a third term late last year, among others, Narendra

Ex-babus bat for man who dared Vadra, other upright officers

Slamming the Haryana government’s decision to transfer senior IAS officer Ashok Khemka again, top retired bureaucrats have called for laying down a proper system to shunt out officers deemed against interests of the government of the day.

Bad debt game

In 2008, Indian policy makers boasted that the global financial crisis would not affect the future growth in this country. In November the same year, the then finance minister P Chidambaram told an international business audience that “we wi

Modi’s turn in PM aspirants’ address to nation

Few had envisaged it, but the run-up to the 2014 polls is apparently going the US way, with speech-making defining the candidates and their visions. It probably began with Narendra Modi’s speech at the SRCC in New Delhi in January. Though he

Money-laundering by banks systemic, not aberration: Cobrapost

Cobrapost, the news website that released a slew of videos that showed officials of three private banks -- HDFC, ICICI and Axis Bank -- offering to launder black money to a reporter posing as a representative of a fictional politician, is releasin

So sweet: party on as levy sugar, release mechanism gone

Partial decontrol of the sugar sector has spread cheers in the industry. Some of the industry leaders would have liked the government to do more but what has been done is clearly a welcome development that would improve their financial conditions

Debate on two power centres useless, says PM

Prime Minister Manmohan Singh on Friday dismissed as a "useless" the debate over two power centres even as he did not rule out his accepting the third term. "This is the creation of the media. It is a useless debate," h

"Development must be environmentally sustainable"

Warning that environmental degradation could have serious consequences, Prime Minister Manmohan Singh on Friday emphasised that economic growth should be based on optimal use of natural resources and development must be environmentally sustainable

Death toll rises to 30 in Thane building collapse

The death toll in the underconstruction building collapse in Shil Phata area of the district has risen to 30 as rescuers recovered more bodies from the site on Friday morning, Thane police control room said. While 69 people were injured, r

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