-The Times of India A six-member CBI and income tax team has begun examining over 5,800 tapes of recorded conversations of former corporate lobbyist Niira Radia with politicians, corporate honchos and others. The team, headed by a deputy inspector general-rank officer, started going through the tapes and its transcripts running into 49 volumes last week as per the directions of the Supreme Court in February, sources said. An apex court bench comprising...

-PTI GANDHINAGAR: The Comptroller and Auditor General of India (CAG) has come down heavily on the Gujarat government and state Public Sector Undertakings for causing a loss of nearly Rs 580 crore to the exchequer by bestowing "undue" favours to large corporate entities. The major industrial houses to whom the Narendra Modi government played the benefactor included Reliance Industries Ltd (RIL), Essar Steel and Adani Power Ltd (APL), the report for year...

-The Indian Express India is no insecure dictatorship junking international obligations for cheap populism. The highest court of the world's largest democracy has made a nuanced distinction between real innovation and marketing gimmickry. Yet, the Swiss pharmaceutical giant Novartis's response to the recent Supreme Court verdict in Novartis vs Union of India has been imperial in tone. The judgment "discourages innovative drug discovery", it claimed. It accused Indian law of lagging...

-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...

-PTI State tweaked rules to grant land to Ford and L&T, says report The Comptroller and Auditor-General of India has come down heavily on the Gujarat government and State public sector undertakings for causing a loss of nearly Rs. 580 crore to the exchequer by bestowing "undue" favours on large corporate entities. Major industrial houses to which the Narendra Modi government played benefactor included Reliance Industries Ltd (RIL), Essar Steel and Adani Power...