-PTI Hyderabad: Country's only listed micro lender SKS Microfinance today said it plans to resume lending operations in Andhra Pradesh soon, two years after the state government came out with a stringent laws to regulate the industry. SKS Chief Financial Officer, Dill Raj said the recent Supreme Court's interim order was of great relief to them and paves way to resume operations in the state. "That is primary relief we got (from the...

-Outlook The Delhi High Court today allowed media to cover the day-to-day proceedings of the trial in the December 16 gang- rape case which was being heard behind closed doors till date. Setting aside the order passed by the Additional Sessions Judge, heading the fast track court, on January 22 restraining media from covering the trial, Justice Rajiv Shakdher said, "The (trial) court will allow access to one representative journalist of each...

-PTI The Reserve Bank on Thursday sought to downplay the money-laundering allegations against three private sector Banks, saying the country has a "perfect" system to prevent such offences and that not a single such transaction took place in the sting operation. The country's three largest private Banks -- ICICI Bank, HDFC Bank and Axis Bank -- were last week accused of indulging in money laundering both within and outside with an online...

-The Hindu Bangalore: 40 child labourers freed from bars, hotels in Gandhinagar area in the city Rescued from the various bars, restaurants and lodges in the Gandhinagar area, the line of children in the age group 14 to 16 sat on the floor of the Balakara Balamandira on Wednesday afternoon. "Forty children were taken into custody after raids on about 10 establishments. One of them was a 13-year-old girl. Twenty-eight were from Karnataka...

-The Economic Times The government plans to significantly liberalise foreign direct investment (FDI) norms for single-brand retail to attract big bucks into the sector. The finance ministry has asked the Department of Industrial Policy and Promotion (DIPP) to amend the policy to allow single-brand retailers to bring different brands belonging to the same product line under one company. It has also asked DIPP - the government department that frames foreign investment rules...