-The Economic Times NEW DELHI/ KOCHI: A growing number of farmers are turning entrepreneurs and earning big bucks from something they offered free to friends and relatives - a healthy and relaxing weekend to unwind in lush green farms, drive a tractor, ride a bullock cart, milk a cow and pluck fresh fruit from orchards. Farm tourism, once a small niche, is expanding rapidly and getting a big push from the tourism...
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Where there is a will, not bill, there is a way
-The Telegraph Two companies running investment schemes have been shut down in Bengal within 48 hours of little more than an assertion by the chief minister, raising questions why the Trinamul government dragged its feet on Saradha by citing lack of legislation and complaints. Police have sealed some offices of MPS Greenery Developers Ltd and Prayag Infotech Hi-Rise Ltd following complaints of cheating. Both figure on a list of companies against which...
More »Farmers’ oppose takeover of land for SIPCOT industrial estate
-The Hindu Madurai: Tempers ran high at the Collectorate on Tuesday when a majority of the farmers, who participated at a public hearing, opposed acquisition of land for the proposed SIPCOT industrial estate at Sivarakottai near Tirumangalam in the district. Farmers from Sami Mallampatti, Sivarakottai and Karisalkalanpatti participated in the public hearing organised by the district administration. Collector Anshul Mishra said industries had to be established to provide jobs to the unemployed youth...
More »Under regulator’s nose-Indrani Dutta
-The Hindu Chief Minister Mamata Banerjee may be sleeping easy as she has "settled all the issues at hand" on the Saradha scam. Saradha Group promoter Sudipto Sen has been booked and a Rs. 500-crore kitty has been created to make refunds to the depositors. However, no one is clear just how the refunds would be made and whether existing laws permit it. Mr. Sen's bubble may have burst. But the travails...
More »‘Boxed in’, Sebi too late
-The Telegraph Mumbai: The Securities and Exchange Board of India (Sebi) today asked Saradha Realty India to wind up its collective investment schemes and refund investors within three months. The company as well as its managing director Sudipto Sen have been prohibited from accessing the capital markets until all collective investment schemes are wound up and the refunds are complete. Legal proceedings and steps to wind up Saradha Realty would also be...
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