-Frontline It is the goal of social revolution that connects the aam aadmi to the judiciary and to its highest institution, the Supreme Court of India. By Prof. G. MOHAN GOPAL WHAT should be the appropriate mea-sure of the relationship between the apex court of a country and its common people? Should an apex court be evaluated by who invokes its jurisdiction, from which area and for what purpose? Is an apex...
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Private players hesitant on public projects after new RTI ruling -Christin Mathew Philip & Ishan Srivastava
-The Times of India CHENNAI: The Centre's recent decision to disclose information related to public-private partnerships (PPP) to RTI applicants may throw a spanner in the works of several infrastructure projects. While RTI activists have hailed the move saying it would usher in greater accountability, private players are cold to the idea as they apprehend the use of RTI to create opposition to projects. Industrial sources said most private firms are not...
More »Sahara India under EPFO scanner for payment defaults-Surabhi
-The Indian Express Sahara India, which is already being investigated by market regulator Sebi, has now also come under the scanner of the provident fund department and is amongst the top defaulters of the Employees' Provident Fund Organisation (EPFO) in the country. Five of the group firms including Sahara India Financial Corporation and the former Sahara Airlines are part of the top 50 companies in the country that have defaulted on depositing...
More »Bengal’s Bonzi shell cracks up -Sambit Saha
-The Telegraph The "Bonzi" edifice, Bengal's version of the fraudulent Ponzi scheme that conned US investors a century ago, is shaking at its foundations. The panic set off by Saradha defaulting on payments has spread to similar schemes run by other firms and triggered protests and attacks on company offices in several parts of the state. These schemes' mostly small-time rural investors have begun to panic about the safety of their hard-earned...
More »In Karnataka race of millionaires, real estate ahead of mining -Johnson TA
-The Indian Express Bangalore: When affidavits were filed by the contestants for the 2008 assembly polls declaring their wealth, it was a close race between the two dominant money-spinning sectors in Karnataka - real estate and iron ore mining. Affidavits filed by 5,376 candidates in the fray for the May 5 assembly polls show that the real estate sector that flourishes in and around Bangalore and, to a lesser extent, around cities...
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