-The Telegraph   The Union cabinet today accepted a parliamentary panel’s suggestion that a fine of Rs 1 crore, not Rs 50 lakh, would deter institutions from charging capitation fees. The suggestion was part of a report the panel submitted on a proposed law to check unfair practices in universities and technical and medical institutions. The Prohibition of Unfair Practices in Technical Educational Institutions, Medical Educational Institutions and Universities Bill, 2010 — introduced in...

-The Telegraph   Mamata Banerjee today sprayed a cocktail of petrol price and other grievances on the Centre, warning that the Trinamul Congress could pull out of the UPA government if it “did not think about the masses” and listen to her party. Oil firms said they had little option but to roll back the price increase if the Centre issued such a directive. However, till late this evening, the Prime Minister appeared...

The Serious Fraud Investigation Office (SFIO) will have powers to investigate and prosecute corporate entities under the Companies Bill, 2011, expected to be cleared by the Union Cabinet before Diwali.  The bill also envisages rotation of company auditors for higher accountability, corporate social responsibility, a more effective regulation of related party transactions and stricter provisions to prevent siphoning of funds through subsidiary and associate companies.  The government expects the bill to modernise,...

With the focus now on the Uttar Pradesh Assembly elections, scheduled for early next year, the Congress led-UPA government has once again displayed its keenness to position itself with the agitating farmers by trying to ensure the passage of the Land Acquisition and Rehabilitation and Resettlement Bill during the winter session of Parliament. Assuming that the Parliamentary Standing Committee attached to his department is likely to give all stakeholders a fair...

The parliamentary standing committee on law and justice is veering around to recommending exclusion of lower bureaucracy from the purview of the proposed Lokpal and facilitating setting up of powerful Lokayuktas in all states. While the panel is likely to endorse the government's bill on the basic structure of the Lokpal, including exclusion of lower bureaucracy, higher judiciary, citizen's charter and allowing PM with certain safeguards, it may also recommend that...