-PTI Parliament on Thursday paved the way for corporate houses to enter the banking sector by approving the banking bill, a key reform legislation pending for long. Parliament also passed the amendments to the debt recovery laws or Sarfesi law after a reply by finance minister P Chidambaram on the combined discussion on the two bills in Rajya Sabha. These two Bills -- Banking Laws (Amendment) Bill, 2012, and Enforcement of Security Interest...

-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...

-The Indian Express The Zee-Jindal issue came up in the Lok Sabha during Question Hour on Tuesday with members expressing their concern over unethical practices in the media, including paid news and unfair reporting. While some members underlined the need for regulating the media, Minister of State for Information and Broadcasting Manish Tewari maintained that self-regulation was the best option. He offered to have a detailed discussion on the issue and maintained...

-Reuters New York: WalMart Stores Inc’s Mexican affiliate routinely used bribes to open stores in desirable locations, according to a New York Times investigation published Monday, which cites 19 instances of the retail giant paying off local officials. The Times first reported in April that Walmart had intentionally stifled an internal probe into bribery at its Mexican affiliate Walmex. Late last month, Mexico’s anti-corruption body said it found no irregularities in the...

-The Hindu In a major boost to the country’s private vaccine manufacturing pharmaceutical companies, the World Health Organisation (WHO) has said that India’s national regulatory authority — Central Drugs Standard Control Organisation (CDSCO) — and its affiliated institutions meet the prescribed international standards. India is a major vaccine producer with 12 major vaccine manufacturing facilities. These vaccines are used for the national and international market, reaching nearly 150 countries. Every second child...