-PTI MUMBAI: A long-drawn case involving funds raised by two Sahara firms through 'various illegalities' seems to have made Sebi a preferred agency for all kinds of queries about the group, with the latest being whether the Lucknow-based conglomerate falls under the purview of RTI Act. After Sebi rejected the information sought from it through an RTI (Right To Information) application in this regard, the appellant approached the Appellate Authority but the...

-The Telegraph The sudden arrest of Amway India's top brass on Monday has focused the spotlight on the crumbling fault lines and the grey areas in the demarcation between some of the world's best-known direct selling companies and the dodgy Ponzi schemes that promise huge returns to gullible investors and have lately grabbed all the sensational headlines in Bengal. William S. Pinckney, managing director of Amway India, and two directors of the...

-PTI NEW DELHI: Social activist Aruna Roy has decided not to continue in UPA Chairperson Sonia Gandhi-led NAC after her term expires on Friday, criticising the government for not taking up recommendations of the council on minimum wages to workers under MGNREGA. Roy has written to Gandhi requesting that she should not be considered for another term of NAC that sets the social agenda for the government and the UPA Chairperson has...

-The Hindu     The killings of Mahendra Karma and his colleagues call not for retributive violence but for a deeper reflection on the discontent among the tribals of central India and their dispossession In the summer of 2006, I had a long conversation with Mahendra Karma, the Chhattisgarh Congress leader who was killed in a terror attack by the Naxalites last week. I was not alone - with me were five other members...

-The Economic Times NEW DELHI: You may end up saving more in the months ahead with the Employees Provident Fund Organization (EPFO) readying to re-notify a new definition of "compensation" that will include all your allowances, amid intense lobbying against the move by industry bodies. Currently, employers get away by contributing only 12% of the basic salary and dearness allowance, which is not paid by most companies, towards their share of "matching"...