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Adarsh scam: Complaint filed against Sushilkumar Shinde

After Ashok Chavan, it's now the turn of the former Chief Minister, Sushilkumar Shinde, to face trouble for “favours” to the Adarsh Society during his tenure from January 18, 2003 to October 31, 2004, according to a complaint filed on Saturday with the Maharashtra State Anti-Corruption Bureau (ACB). Mr. Shinde has already denied his role in the scam repeatedly. Advocate Y.P. Singh and activist Simpreet Singh told journalists that Mr. Ashok...

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Black money became a reality in realty sector by Nauzer K Bharucha

We are a cash-rich company run by professionals,” says a smarmy 30-something Mumbai-based head of a leading real estate company. His company’s exponential growth in the span of just five years has raised eyebrows in industry and banking circles. The reasons are clear. The company is known to have tremendous clout in the corridors of power and with the builders’ lobby. It is backed by several important politicians in Mumbai and...

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CWG revenue is 80 p.c. less than expected

OC's expenditure overshot its budget by Rs. 638 crore The OC has taken Rs. 2,307.82 crore in loan, well above the originally approved amount M.S. Gill admits that there were no earnings from advertisements as such The Commonwealth Games Organising Committee (OC) has fallen more than 80 per cent short of its revenue target, according to Union Sports Minister M.S. Gill. While the OC was expected to generate Rs. 1,708 crore, it only managed...

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Raja cost nation 1.7L cr: CAG by Pradeep Thakur & Josy Joseph

The heat on telecom minister A Raja is rising, with the Comptroller and Auditor General holding him personally responsible for the sale of 2G spectrum at dirt cheap rates in 2008, resulting in a loss of up to Rs 1.70 lakh crore to the national exchequer. The damning indictment stacks the odds even higher against Raja, who is already under intense scrutiny by the telecom watchdog, civil society and the Supreme...

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Illegal tiger trade 'killing 100 big cats each year' by Mark Kinver

The illegal trade in tiger parts has led to more than 1,000 wild tigers being killed over the past decade, a report suggests. Traffic International, a wildlife trade monitoring network, found that skins, bones and claws were among the most common items seized by officials. The trade continues unabated despite efforts to protect the cats, it warns. Over the past century, tiger numbers have fallen from about 100,000 individuals to just an estimated...

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