-The Hindu Business Line There can be no denying the need for a legal framework to ensure that the likes of Saradha do not take the entire financial system for a ride. But that said, there will always be greedy investors, willing to be taken in by the tall promises of unscrupulous operators. The latter's task is made easier by loopholes in the law. Hence, Ponzi operators used the legal loopholes...
More »SEARCH RESULT
Total Matching Records found : 1144
Public-pvt partnerships to fall under RTI ambit -Aditi Nigam
-The Hindu Business Line Fresh guidelines issued on procurement details, disclosure of CAG reports Public-private partnerships (PPPs) will soon come under the ambit of the RTI (right to information) as per a fresh set of guidelines issued by the Department of Personnel and Training (DoPT) on April 15. According to the guidelines on suo motu disclosure under Section 4 of RTI Act, 2005, the DoPT says since public services are proposed to be...
More »Telecom firms spread a low-cost Net -Rajesh Kurup
-The Hindu Business Line Plans start from Re 1/day to hook those who have never logged in via smartphones Mumbai: Telecom operators are going the sachet way, launching low-cost packs to hook the new cell phone-Netizen. From one rupee a day to Rs 25 for seven days' usage, telecom service providers are coming up with novel plans to attract mobile Internet users. Aircel, Idea Cellular and Vodafone India have launched, or are launching,...
More »Tripura, Kerala open the door for women in panchayats -Anuja and Liz Mathew
-Live Mint The experience of Kerala and Tripura shows how panchayati raj can help in the empowerment of women Chulubari (Tripura)/Kanjikuzhy (Kerala): Her relatives warned Hena Das, a resident of Chulubari in Tripura, against taking up political office because it wasn't "meant for women". Das disregarded the warnings. Two years on, she has no regrets. She also has no male colleagues; her fellow representatives on the board of an 12-member panchayat are all...
More »Caught in desi ponzi schemes
-The Hindustan Times The sorry plight of thousands of small savers duped by a deposit-collecting firm in West Bengal is, perhaps, symptomatic of a wider malaise that runs deep in the Indian economy. What if a company asked you to invest Rs. 200,000 and promised to give you Rs. 8,000 a month for five years and a swanky sedan at the end of the fifth year? What if a company asked...
More »
