-The Economic Times Finance Minister P Chidambaram has warned corporate bigwigs against wilful defaults, reminding promoters that it was their duty to bring in additional capital if their companies got into trouble. "We cannot have an affluent promoter and a sick company," he said, in an apparent reference to the collapse of Kingfisher Airlines, owned by the flamboyant Vijay Mallya. Banks are stuck with nearly Rs 7,000 crore worth of loans they...

-The Business Standard States often misuse emergency powers to muzzle protests from owners A new land acquisition law was on the anvil for years. The latest avatar of the Bill, not yet laid on the table of Parliament, is still being re-looked and reworked with nearly 160 changes proposed. Issues are many, like the "public purpose" fig leaf, the consent clause, sharing the compensation payment, resettlement and rehabilitation of the displaced people...

-The Economic Times A balance between the need to unleash animal spirits and the larger issues of ethical governance is essential for the country to move ahead, Rural Development Minister Jairam Ramesh tells ET in an exclusive interview. * Is unleashing animal spirits still the main focus of the government? Unleashing the animal spirits is all very well but it has to be in an ethical framework. Markets is all about...

-The Hindustan Times Bhubaneswar: A national level fact-finding team comprising civil liberties groups and individuals on Sunday demanded a high level judicial inquiry into the bomb blast in a village near the site of proposed $12 billion (Rs 54 crore) plant of Korean steel major Posco in Odisha's Jagatsinghpur district that killed three anti-Posco activists and seriously injured another activist. The team members, including 'Mainstream' editor Sumit Chakravartty, former Delhi University professor...

-PTI Two days after the semi-nude protest by anti-Posco agitators, Odisha police have registered a case against three women and president of Posco Pratirodh Sangram Samiti (PPSS) Abhaya Sahu on charge of obscenity in public. "The case has been registered at Abhaychandpur police station under section 294 (a) and other sections of the IPC," Jagatsinghpur Superintendent of Police Satyabrata Bhoi said on Saturday, adding that appropriate action will be initiated against the...