-The Hindu MARAKKANAM: In front of one of the burnt houses at Kattayantheru lie a number of charred certificates, including ration cards and other important documents that belong to the members of the Marakkanam Dalit Colony. "We have salvaged whatever we can, but most of us have lost documents including ration cards, mark sheets, birth certificates and death certificates. Many of us whose houses were burnt even lost currency notes they had...

-The Hindu Business Line There can be no denying the need for a legal framework to ensure that the likes of Saradha do not take the entire financial system for a ride. But that said, there will always be greedy investors, willing to be taken in by the tall promises of unscrupulous operators. The latter's task is made easier by loopholes in the law. Hence, Ponzi operators used the legal loopholes...

-CNN-IBN Finance Minister P Chidambaram's wife Nalini Chidambaram was engaged as a senior advocate to appear on behalf of Manoranjana Sinh and her husband and a Narasimha Rao government minister Matang Sinh in a company petition filed by her before the company law board against M/4 Positive TV Ltd, sources close to the Union Minister's wife have said. The case is still pending before the Company Law Board. Sources say Nalini represented...

-PTI Kaithal (Haryana): Scores of people belonging to a Dalit community of Pabnawa village took out a protest march today and held a demonstration in front of mini secretariat here, demanding arrest of the remaining accused in the violence in which several villagers and seven policemen were injured about 10 days ago. The Indian Bahujan Sandesh Party (Kanshi Ram) also held a demonstration in support of the demands of Dalits of...

-PTI KOLKATA: The West Bengal government has stepped in for damage control after chit fund company Saradha Group went bust reviving memories of the collapse of Sanchayita Investments in the early eighties when several investors and agents committed suicide. Sanchayita collected more than Rs 120 crore in 1980 before its offices were raided and it folded up with only a handful of people getting back a minuscule amount of money. Two main...