-Live Mint Information commission asks Sebi to disclose details of consent order proceedings, identities of entities involved  Mumbai/New Delhi: The Central Information Commission (CIC) has directed India’s stock market regulator to disclose all details related to the insider trading case involving Reliance Petroleum Ltd (RPL) in 2007, in a move that could have a bearing on not just the functioning of the Securities and Exchange Board of India (Sebi), but also the...

-The Times of India SURI: A clash between farmers and policemen at the site of a mining project in Birbhum left 37 people injured on Tuesday and conjured up images of Nandigram, opening a new frontier in Bengal's bloody land battles. The protesters alleged police opened fire when they refused to let them take away earth-moving equipment brought in by a coal mining company. The equipment was stranded at the site after...

-The Business Standard Three former Karnataka CMs face Lok Ayukta probe  The investigation ordered by the Lok Ayukta court in Karnataka into the Nandi Infrastructure Corridor Enterprise (NICE) project, which has the mandate to build the Bangalore-Mysore Infrastructure Corridor (BMIC), consisting of an expressway and five townships, is significant for two reasons. One, despite being headless for some time, the Karnataka Lok Ayukta is not a toothless organisation; it played a key...

-The Business Standard The sorry implications of the LPG price rollback  Following the government’s decision to increase the price of diesel and introduce a cap on the number of subsidised gas cylinders available for household use in September, there was a reasonable amount of hope that the United Progressive Alliance (UPA) had learned some lessons. First, that it was essential to reduce the fuel subsidy bill, the most obvious component of the...

-The Business Standard The move is aimed at having a stringent regulatory system while bringing in uniformity in approach for pricing of drugs  The drug price regulator would now visit manufacturing facilities of pharmaceutical companies while fixing prices of essential medicines. The National Pharmaceutical Pricing Authority (NPPA) has issued internal guidelines putting in place norms for verification of actual cost data, provided by companies, through plant visits.  The move is aimed at...