-The Hindustan Times Chandigarh: Expressing disappointment on the vulgar songs being sung by Punjabi rapper(singer) Honey Singh, also known as Yo Yo Honey Singh, the Punjab and Haryana high court has summoned him to the court personally on May 14 for explanation. The directions came from the division bench comprising acting chief justice Jasbir Singh and justice Rakesh Kumar Jain on a public interest litigation filed by a non-governmental organisation, HELP...
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‘Boxed in’, Sebi too late
-The Telegraph Mumbai: The Securities and Exchange Board of India (Sebi) today asked Saradha Realty India to wind up its collective investment schemes and refund investors within three months. The company as well as its managing director Sudipto Sen have been prohibited from accessing the capital markets until all collective investment schemes are wound up and the refunds are complete. Legal proceedings and steps to wind up Saradha Realty would also be...
More »Caught in desi ponzi schemes
-The Hindustan Times The sorry plight of thousands of small savers duped by a deposit-collecting firm in West Bengal is, perhaps, symptomatic of a wider malaise that runs deep in the Indian economy. What if a company asked you to invest Rs. 200,000 and promised to give you Rs. 8,000 a month for five years and a swanky sedan at the end of the fifth year? What if a company asked...
More »Telecom firms spread a low-cost Net -Rajesh Kurup
-The Hindu Business Line Plans start from Re 1/day to hook those who have never logged in via smartphones Mumbai: Telecom operators are going the sachet way, launching low-cost packs to hook the new cell phone-Netizen. From one rupee a day to Rs 25 for seven days' usage, telecom service providers are coming up with novel plans to attract mobile Internet users. Aircel, Idea Cellular and Vodafone India have launched, or are launching,...
More »Higher courts can award 30-year jail while commuting death sentence, and LIMit state’s remission power-J Venkatesan
-The Hindu This, however, would not apply when the accused is given life sentence The higher judiciary can impose 20, 25 or 30 years' sentence in a murder case while commuting the death penalty of the accused to life imprisonment in cases which do not fall into the ‘rarest of rare' category. It can also LIMit the remission power of the State government, a Bench of Justices P. Sathasivam and M.Y. Eqbal,...
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