-The Times of India mumbai: Market regulator Sebi on Wednesday cracked down on the retail-to-financial services Sahara group and ordered the attachment of all assets of two Sahara group firms, besides freezing their bank accounts and those of their promoters and directors including that of group head Subrata Roy. Sebi's crackdown on the two Sahara group firms—Sahara Housing Investment Corp and Sahara India Real Estate Corp — comes exactly a week after...

-The Times of India mumbai: India Inc has had to wait for nearly three years for the government to roll out the rules relating to the functioning of electoral trusts. The rules have been recently notified and come into effect from January 31, 2013. The 2009 Budget had introduced provisions relating to electoral trusts in the Income-tax Act. It provided for tax exemption to electoral trusts which distribute contributions to political parties,...

-PTI Pulling up the Maharashtra government for low conviction rate in atrocity cases against Dalits, the National Commission for Scheduled Castes on Tuesday asked the State to expedite trials and probe in such cases. “1,200 cases of atrocities against scheduled castes are reported each year in Maharashtra. Out of them, 500 cases are pending. There should be exclusive and fast-track courts under which priority should be to atrocity cases,” Commission’s Chairman Dr....

-Outlook Brussels: The European Union has expressed regret over the hanging of the Parliament attack convict Afzal Guru and asked India to put a moratorium on executions. EU foreign policy chief Catherine Ashton said it was with "regret" that she learned of the execution of Afzal Guru last Saturday. While recognising that "terrible murders" were committed in the attack and aware of the sufferings of the victims and their families, the EU "reiterates...

-The Times of India   In a stunning twist to the 2G case, an audio tape of a CBI senior public prosecutor purportedly advising a key accused on how to counter prosecution's charge has emerged, breathing fresh life into the mega-swindle and bringing fresh trouble for the government. The tape sent to the CBI anonymously has the agency's senior public prosecutor A K Singh speaking to Sanjay Chandra, MD of Unitech and...