-The Telegraph Kolkata: The Mamata Banerjee government is scrambling to stitch together a cogent response to the default crisis that is escalating by the hour. The ruling establishment's agony has been compounded by the close ties several of its ministers, MPs and MLAs had nurtured with the collapsed Saradha Group. Within Trinamul and the government, questions are being asked about what senior leaders and ministers were doing while the crisis was building up...

-The Telegraph Guwahati: Gauhati High Court has taken up a suo motu PIL against the Calcutta-based Saradha Group and similar deposit collecting Companies for allegedly duping scores of investors in Assam of their hard-earned money. Official sources said the high court recently took up the PIL (15/2013) after taking cognisance of Krishak Mukti Sangram Samiti (KMSS) general secretary and RTI activist Akhil Gogoi's letter to Chief Justice Adarsh Kumar Goel. Akhil had alleged...

-The Telegraph Offices of the Saradha Group and some other deposit-collection Companies were attacked across Bengal on Saturday. Here is a glimpse of the unrest that has gripped the state. Trinamul headquarters in Topsia What happened They came in droves from the two 24-Parganas, Howrah and several other places and party general secretary Mukul Roy was forced to call some of them to a meeting. The agents outside said they were being hounded by depositors...

-Frontline   The Supreme Court's ruling against Novartis' patent claim for the cancer drug Glivec paves the way for generic drug Companies to keep crucial, life-saving drugs affordable to the common people. By V. VENKATESAN IN their 112-page judgment delivered on April 1, Justice Aftab Alam and Justice Ranjana Prakash Desai of the Supreme Court began with a simple proposition: in order to understand what the law really is, it is essential to...

-The Business Standard Says licence terms extended to 15 years on advice of erstwhile Industrial Credit and Investment Corporation of India, a lender to many telcos Giving a clean chit to Prime Minister Manmohan Singh on the 2G spectrum allocation case in 2008, the Joint Parliamentary Committee (JPC) that looked into telecom spectrum allocations has turned the heat on the numerous decisions taken in the sector between 1998 and 2004, during...