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SC stays all 2G proceedings in Delhi HC

-The Times of India The Supreme Court on Friday stayed all proceedings before the Delhi High Court relating to 20 petitions by 2G spectrum scam accused, including former telecom minister A Raja, DMK MP Kanimozhi and others who had challenged the trial court's decision to frame charges against them. Appearing for the CBI, senior advocate K K Venugopal informed a bench of Justices G S Singhvi and K S Radhakrishnan that though...

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A futures shock from FCI-Devinder Sharma

-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...

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Sebi asked for details on RIL-RPL deal in insider trading case-Anirudh Laskar, Aman Malik and Khushboo Narayan

-Live Mint Information commission asks Sebi to disclose details of consent order proceedings, identities of entities involved  Mumbai/New Delhi: The Central Information Commission (CIC) has directed India’s stock market regulator to disclose all details related to the insider trading case involving Reliance Petroleum Ltd (RPL) in 2007, in a move that could have a bearing on not just the functioning of the Securities and Exchange Board of India (Sebi), but also the...

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Inside Meghalaya’s black hole -Esha Roy

-The Indian Express Fifteen-year-old Altaf Hussain crouches effortlessly and heads into what looks like a black hole. Dragging a large wooden cart behind him, he disappears into the gaping darkness within seconds. After what seems like an endless wait but lasts just half an hour, he emerges from the hole with a cart laden with dark, glittering coal. The head of this group of 30 is Abu Kalam Mia. The 27-year-old ‘sardar’,...

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Blundering on land and Aadhaar-Praful Bidwai

-Pratirodh.com The fanfare with which Prime Minister Manmohan Singh and Congress president Sonia Gandhi launched a service delivery scheme in Rajasthan based on the Aadhaar (foundation) unique identity (UID), and celebrated the issue of the first Aadhaar number topping the 200-million mark, should make the Indian National Congress a very worried party indeed—assuming it has a good survival instinct and basic grasp of practical politics.    To put it starkly, the Congress and...

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