-The Times of India AHMEDABAD: It was Rajkumar Pandian's day out. The suspended IPS officer who has been arrested in two of the most sensitive fake encounters of Gujarat - Sohrabuddin Sheikh and Tulsiram Prajapati - was allowed to go home without any police escorts on Sunday night. This nocturnal jaunt was caught on camera by a local news TV channel on Sunday. Before going home, he even spent some time...
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The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury
-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...
More »Dismal Dalit Count in Indian Boardrooms
Guess what is the total percentage of dalit or tribal members in the boards of big Indian private and public sector companies listed on the stock exchange? Well, shocking as it might be, the real count is nearly zero. A fresh study conducted by D Ajit, Han Donker and Ravi Saxena reveals that at a time when the issues of ethnic and racial inequalities is being discussed all over the world,...
More »Mamata's nephew a party to Ponzi schemes: CPM
-The Hindustan Times Demanding a CBI inquiry into Saradha Group financial scam, CPI(M) has accused chief minister Mamata Banerjee's nephew of being involved in Ponzi schemes. "Mamata Banerjee's nephew Abhishek Banerjee, who is the leader of Trinamool Youth Congress, runs a company which is involved in real estate and micro-finance and has made a huge amount of money in the last two to three years. Its turnover has skyrocketed to 300 crores...
More »Post-Saradha, I&B seeks equity details of all TV channels -Manoj CG
-The Indian Express In the wake of the collapse of the Saradha chit fund company, the Information & Broadcasting Ministry has asked all television channels - general entertainment as well as news and current affairs - to furnish details of their shareholding pattern and equity structure. This includes the Saradha Group. According to sources, the ministry's letter, sent on Friday, asks channels to inform whether there had been any changes in their...
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