Remember the over 100 farmhouse plots allotted in Noida measuring at least 10,000 sq m each without an auction or a draw of lots, including two to Supreme Court advocate Shanti Bhushan and his son Jayant Bhushan? An audit has now found that not only was there no transparency in the allotment of these plots — 101 in all — but that the Noida Authority had fixed a very low rate,...

Some Dalit businessmen plan to launch a Rs 500 crore venture capital fund — India’s first community-focused fund. The Central government’s new procurement policy will open business opportunities worth Rs 7,000 crore for Dalit and s (ST) entrepreneurs. These entrepreneurs are now gearing up to tap this opportunity by launching their own venture capital fund and increasing their production capacities. The proposed Rs 500 crore venture capital fund will be the country’s...

One hopes that the hotly contested Lokpal Bill will reach its final denouement during the winter session of Parliament. In fact, the debate on corruption in Parliament and media has focused on the single demand for the establishment of an omnipotent institution of the lokpal with its powers of enforcing the citizen’s charter, establishing state-level lokayuktas and encompassing the bureaucracy from a peon to head of the department. It has...

-Rediff.com   Several officers in various government departments and ministries have used fake caste certificates for their appointments but hardly any of them have been punished, revealed a Cabinet minister on Monday. Responding to a question posed to the prime minister, Minister of State in the Prime Minister's Office V Narayanaswami said that as many as 1,832 central government appointments across 52 departments and ministries were detected to have been made on the...

With the Parliamentary Standing Committee on Finance raising a red flag against the National Identification Authority of India (NIAI) Bill to grant the UID (or Aadhar) project legal status, the project looks set for a slowdown . That could have broad implications for the tech sector that had laid substantial hope on it, especially when global markets are slowing down.  The UID project is estimated to offer IT companies a Rs...