-Newslaundry.com Prateek Goyal reported about layoffs at Sakal Times. He was slapped with an FIR and Newslaundry with a Rs 65 crore defamation suit. Prateek obtained bail but now the police want to seize his laptop. On March 27, Newslaundry reported that the Sakal Media Group, one of Maharashtra’s leading media houses, had sacked 15 employees in violation of a government directive to not terminate workers, or cut their wages during the...
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Parliamentary panel calls for media watchdog -Shuchi Bansal and Liz Mathew
-Live Mint Move could assume significance given the pressure facing a government battling a series of corruption allegations New Delhi: A parliamentary committee on Monday sought to make a case for controlling the media-both print and electronic-through a statutory regulator, a suggestion that could assume significance given the pressure facing a government battling a series of corruption allegations. The standing committee on information technology called for such a regulator on grounds that the...
More »The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury
-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...
More »Saradha Group donated heavily to Trinamool govt, bought Mamata's art -Madhuparna Das and Subrata Nagchoudhury
-The Indian Express Kolkata: When the Saradha Group's Bengali daily Sakalbela began publication, Mamata Banerjee sent her best wishes. It was more than a customary greeting. It was an impassioned message that seemed to have come from the chief minister's heart. "We will have to pass the dark night to begin our journey in the light of dawn," she said. "An alert conscience, right direction, truth and fearless news is what people...
More »Blame game and a cover-up-Saadia
-The Hoot A huge media conglomerate was built up by a chit fund company which has now collapsed. Can the West Bengal government whose MP was part of the empire disclaim responsibility, asks SAADIA. About 1400 journalists have lost their jobs because a chit fund company's little-known Chief Managing Director ventured to become a media mogul in West Bengal some three years back. Almost every three months, the Saradha Group that had...
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