-CNN-IBN Finance Minister P Chidambaram's wife Nalini Chidambaram was engaged as a senior advocate to appear on behalf of Manoranjana Sinh and her husband and a Narasimha Rao government minister Matang Sinh in a company petition filed by her before the company law board against M/4 Positive TV Ltd, sources close to the Union Minister's wife have said. The case is still pending before the Company Law Board. Sources say Nalini represented...
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Designate nodal officer to handle RTI applications: HC to MoF
-PTI Finance Ministry should appoint a nodal officer to distribute RTI applications to the concerned central public information officer for processing, the Delhi High Court has directed while upholding the order of Central Information Commission in this regard. The Finance Ministry has five departments-- Economic Affairs, Revenue, Expenditure, Financial Services and Disinvestment. Each one of them have different sets of Central Public Information Officers for processing RTI applications but there is none to...
More »Rs 4,000 cr at stake, SEBI asks Bengal to probe five more chit fund companies -Madhuparna Das
-The Indian Express Kolkata: As the investigation into the Saradha chit fund scam threatens to reach the doorstep of the Trinamool Congress, the markets watchdog is learnt to have warned of a larger, more frightening scenario: similar Ponzi schemes run by at least five other companies in West Bengal, involving over Rs 4,000 crore of small investors' money. In its latest communication sent to the state government, the Securities and Exchange Board...
More »Trinamool MPs assured business protection: Saradha CMD Sudipta Sen- Priyadarshi Siddhanta
-The Indian Express New Delhi/ Kolkata: Chit fund 'kingpin' names politicians from Bengal, Assam in letter to CBI. Sudipta Sen, promoter of Saradha Group, has claimed that Trinamool Congress's Rajya Sabha members Kunal Ghosh and Srinjay Bose assured him that his business interests will be protected "as they have a very close connection" with Chief Minister Mamata Banerjee. In an 18-page letter to the CBI, Sen has alleged that a number of politicians...
More »Mani push for panchayats-Basant Kumar Mohanty
-The Telegraph A jump in the Centre's annual social welfare spending from Rs 7,500 crore in 1991 to Rs 3 lakh crore now has failed to make much difference on the ground because panchayati raj institutions are being kept away from implementation of the schemes, a committee has found. The committee headed by senior Congress leader Mani Shankar Aiyar, in its report released on the eve of National Panchayat Day, pitched for...
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