-The Hindu   As TRAI prepares to regulate ownership of news organisations to ensure pluralism, big media houses fear shrinking profits and state control by proxy Rahul Khullar, the straight-talking chairman of the Telecom Regulatory Authority of India (TRAI), listened attentively to the senior management executive of Bennett Coleman and Co. Limited, one of India's largest media conglomerates. The latter disagreed with the premise of the discussion - that there was a "problem,"...

-The Indian Express The Congress's bill could end up sponsoring the NDA's campaigns A good thing about the logjam in Parliament, it has to be said, is that it has prevented the ill-advised food security bill from being passed. It would, though, be naive on our part to presume the BJP stalled Parliament - the Congress's blatant abuse of the CBI process was a big reason for this - only because it...

-The Telegraph Kolkata: Proceeds from the Saradha Group kept Bengal police on the move - at least in Baruipur, according to information stumbled upon by investigators into the default scandal. The police have learnt that Arindam Das, an agent who apparently made the highest collections from Baruipur in South 24-Parganas, had gifted two Tata Sumos (WB26R6763 and WB20U6409) to the local police station. "The two SUVs used in Baruipur police station were gifts...

-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...

-The Hindu Business Line From maker of versions of drugs, India's pharmaceutical industry has turned a top innovator Twenty years ago, Ranbaxy was a home-spun drug-maker. The Indian Patents Act allowed companies to make chemically-similar versions of innovative drugs. Visionaries in the pharmaceutical sector, like Parvinder Singh (Ranbaxy's key architect and member of its promoter family) and Anji Reddy (founder of Dr Reddy's Laboratories), were alive. And the pharmaceutical industry did not have...