-The Hindu ‘Crorepati'-politicians wear their wealth like a badge of honour Bangalore: With the new breed of "crorepati"-politicians wearing their wealth like a badge of honour, the old slogans of "Garibi Hatao" (remove poverty) have become passé. The rise in the prominence of moneybags from real estate, the private education sector, and industry in the city's political landscape has not only deflected social issues but it has also changed the benchmark for a...
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Sahara India under EPFO scanner for payment defaults-Surabhi
-The Indian Express Sahara India, which is already being investigated by market regulator Sebi, has now also come under the scanner of the provident fund department and is amongst the top defaulters of the Employees' Provident Fund Organisation (EPFO) in the country. Five of the group firms including Sahara India Financial Corporation and the former Sahara Airlines are part of the top 50 companies in the country that have defaulted on depositing...
More »There is case for commuting Bhullar sentence: MB Shah-Darshan Desai and V Venkatesan
-The Hindu Death-row convict, Devender Pal Singh Bhullar, whose writ petition against the rejection of his mercy petition on the ground of inordinate and unexplained delay was dismissed by the Supreme Court on April 12, perhaps, has reason for hope with a former Judge of the Supreme Court, Justice M.B. Shah, reiterating his case for commuting his death sentence. Justice Shah was the dissenting Judge who found Bhullar innocent, while two...
More »Cobrapost sting: RBI gets stricter on money laundering, banks ask customers to resubmit IDs -Sangita Mehta
-The Economic Times MUMBAI: If you get a phone call from your long-time banker asking you to resubmit your name and address proofs, don't be surprised or irritated. It is the fallout of the Reserve Bank going beyond the cobrapost.com expose on unethical practices of banks, forcing them to go back to the drawing boards to weed out bogus and wrong documentation that allowed many people to open accounts and launder...
More »HD Kumaraswamy, wife, the richest couple in Karnataka poll fray
-PTI Bangalore: JDS Karnataka unit president and former chief minister H D Kumaraswamy and his wife Anita, contesting the May 5 Assembly elections, have together declared assets worth Rs 123 crore. With assets of Rs 150.58 crore, the list of rich candidates is topped by T N Javarayi Gowda, also from JDS headed by former Prime Minister H D Deve Gowda, who filed his nominations from Yeshvanthpur in Bangalore yesterday. Kumaraswamy, Gowda's son,...
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