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Govt to consult Sebi on investment of PSUs' surplus funds

Jun 24, 2012

The government wants that these units should invest their funds, mainly in infrastructure sector, to promote growth and bring down the country's fiscal deficit to 5.1 percent in the current fiscal. #Business/Finance #Economy of India #NewsTracker #Public-sector undertaking
Govt acts tough with rich PSU, asks to invest more

Jun 18, 2012

Many PSUs have been asked to invest their spare cash or park a portion those funds with the government. #ThatsJustWrong #Life Insurance Corporation #coal india #ONGC #Public-sector undertaking #ChartView
Par Panel asks IRDA to probe LIC's purchase of ONGC shares

Apr 24, 2012

The Standing Committee on Finance also regretted that the government is using public sector undertakings (PSUs) as "milching cows" to bridge the deficit. #Business/Finance #BSE Sensex #NewsTracker #Public-sector undertaking #Life Insurance Corporation of India

Wire

Rediff
Bogus contract payments in a public sector company unearthed

2013-05-17 00:58:00

The company paid over Rs 231 crore over three years to a web of 135 fake firms. Prompt reporting has helped unearth a multi-crore fraud in a public sector undertaking. The Central Bureau of Investigation (CBI) and other central agencies are presently inv #Central Bureau of Investigation #India
Economic Times
Manmohan Singh’s 10th year in office: UPA govt squanders 2009 goodwill

2013-05-21 23:51:00

NEW DELHI: Last Thursday, India witnessed two starkly contrasting leadership styles: When three IPL players were arrested for alleged spot-fixing, Rahul Dravid stepped forward to say that as captain he would not countenance deviant behaviour. "I have to #New Delhi #Rahul Dravid #India
MSN India
Uttar Pradesh set for a Navi Mumbai address

2013-05-20 09:24:00

Lucknow, May 20 (IANS) Come Thursday, Uttar Pradesh will have an address in Navi Mumbai, adjacent to India's commercial capital. Chief Minister Akhilesh Yadav will inaugurate an Uttar Pradesh state guest house built on a 2,939.82 square meter plot at a c #Uttar Pradesh #Mumbai #India

Editor's picks

Money, sleaze take the sheen off imperious Chennai Super Kings

Given the huge legal, moral and ethical stakes, Srinvasan and Meiyappan should have voluntarily clarified their position and should have offered to face an investigation.
How the Woolwich attack will harm the British Muslim community more

For Muslims in Britain, there comes one thing after another to get defensive about, and at quite short intervals. The Muslim community will be cornered into paying a price for the brutality of these two killers.
Explainer: Why Sensex has fallen over 300 points today

Chidambaram ‘s soothsaying may not work when the markets are driven largely by foreign institutional investors (FIIs)
PM carrying out responsibility with great dignity, says Sonia

Rejecting the talk about two power centres and differences between them, UPA Chairperson Sonia Gandhi today said there is “collective leadership” between her and Manmohan Singh and “we all stand by” the Prime Minister who will complete his term.

Why India is concerned about supplying arms to Afghanistan

From across the Hindu Kush, a plea for Indian help. Hamid Karzai wants New Delhi to provide artillery and military transport aircraft. It won’t cost India much—but New Delhi is worried about upsetting Pakistan, and wary of making commitments before it becomes clear which way the political wind is blowing in Kabul.
Sreesanth and IPL spot fixing: Why history makes it so hard to believe the police

With the glut of information regarding the IPL spot fixing scandal and the three cricketers how much of it can we really trust?
Phaneesh Murthy admits to relationship with employee

This is the second time the IT industry veteran has been involved in a sex scandal.
Despite BJP edge over Cong, both NDA and UPA are conjectures

Opinion polls show the BJP and the NDA ahead of the Congress and UPA. But it is the regional parties that are likely to make the biggest gains. NDA and UPA are post-poll creatures

Not just niceties, China and India need to focus on thorny issues

India’s discourse with China has traditionally been trapped in the Mao-ist maze that defines how “friends” ought to conduct themselves. But Chinese statecraft has evolved, and India too must up its diplomatic game.
Why the Indian media gives a damn about poverty

In that sense the poverty line of India is cruel. It is merciless and doesn’t allow the majority of Indians any money for shelter or access to education or healthcare or sanitation or anything else that civilised nations would consider as essential as food.
Goa meet: Will the BJP finally find a way out of its troubles?

Can the party resolve internal discord and take a call on Modi’s PM candidature?
Why Dhoni, Tendulkar can't distance themselves from spot fixing

Try following a game on twitter or with friends or at the ground. At every step of the way, the spot-fixing question raises itself.

Movie Review: 'The Reluctant Fundamentalist' leaves you dissatisfied

If you forget the politics and just look at the film, The Reluctant Fundamentalist doesn’t fare much better. It’s a thriller that lacks tension and suspense.
Here's how the Delhi Police stumbled upon spot-fixing in IPL

After monitoring a phone call, the investigation had virtually turned pan-India with some of the bookies based in Gujarat and Mumbai.
Ex-Citi CEO Vikram Pandit, JM Financial join hands for banking foray in India

JM Financial will nominate Pandit as the non-executive chairman of the proposed bank. Pandit and Aiyar will have the right to purchase shares up to the amount prescribed by the RBI in this entity.
Movie Review: The Great Gatsby is the most Bollywood of Baz Luhrmann's films

The great American dream is an integral part of America. It’s ‘great’ in that it symbolises not truth, but hope when the truth is disillusioning; it symbolises not facts, but ideals when facts are unnerving; it symbolises not likelihood, but promise when likelihood is all but bleak.

Google I/O 2013 keynote: New Maps, Search, Plus, and S4 with 'pure' Android

We’re tracking the Google I/O conference 2013 live – what will be unveiled?
Hero worshipped in Kerala, Sreesanth still innocent in his state

The summary of the response in his Sreesanth’s home turf is that of incredulity. They are unwilling to believe that the pacer is guilty.
Why return of Dreamliners won't change Air India's fortunes

The original promise of the Dreamliner has failed to materiallise due to limitations in its flying range. Will Air India continue to pay a price for this?
Did Indira abolish bonded labour or Sonia? NREGA's tall claims

The UPA ads eulogising MGNREGA as a a huge success needs to be taken with bags of salt. The scheme did make a difference, but not as is claimed.

Angelina’s breast surgery possible in India, but there's a catch

So can we test in India and gain from the same treatment privilege that Jolie had? Yes, but there is a catch.
IPL 2013 KKR vs PWI Live: Yusuf kicks KKR out of the IPL

Live detailed updates as KKR take on Pune in a must-win game at Ranchi.
Wrong on Ghaziabad: The Kiran Bedi argument for moral policing

Bedi’s argument that we should focus on the legal wrong committed by the girl slapped by cops is technical, disingenuous and enabling.
Cloak but no dagger: The awfully mundane world of spies

There’s an endearing quality to reports that a CIA spy was arrested in Moscow: he comes across as a bumbling amateur who represents the lost Age of Innocence in the world of espionage.

India

West Bengal to take over two Saradha group TV channels

India

Shashi Kant Sharma sworn in as CAG, replacing Vinod Rai

Articles

Govt to consult Sebi on investment of PSUs' surplus funds

Govt acts tough with rich PSU, asks to invest more

Par Panel asks IRDA to probe LIC's purchase of ONGC shares

Wire

Bogus contract payments in a public sector company unearthed

Manmohan Singh’s 10th year in office: UPA govt squanders 2009 goodwill

Uttar Pradesh set for a Navi Mumbai address

Editor's picks

Money, sleaze take the sheen off imperious Chennai Super Kings

How the Woolwich attack will harm the British Muslim community more

Explainer: Why Sensex has fallen over 300 points today

PM carrying out responsibility with great dignity, says Sonia

Why India is concerned about supplying arms to Afghanistan

Sreesanth and IPL spot fixing: Why history makes it so hard to believe the police

Phaneesh Murthy admits to relationship with employee

Despite BJP edge over Cong, both NDA and UPA are conjectures

Not just niceties, China and India need to focus on thorny issues

Why the Indian media gives a damn about poverty

Goa meet: Will the BJP finally find a way out of its troubles?

Why Dhoni, Tendulkar can't distance themselves from spot fixing

Movie Review: 'The Reluctant Fundamentalist' leaves you dissatisfied

Here's how the Delhi Police stumbled upon spot-fixing in IPL

Ex-Citi CEO Vikram Pandit, JM Financial join hands for banking foray in India

Movie Review: The Great Gatsby is the most Bollywood of Baz Luhrmann's films

Google I/O 2013 keynote: New Maps, Search, Plus, and S4 with 'pure' Android

Hero worshipped in Kerala, Sreesanth still innocent in his state

Why return of Dreamliners won't change Air India's fortunes

Did Indira abolish bonded labour or Sonia? NREGA's tall claims

Angelina’s breast surgery possible in India, but there's a catch

IPL 2013 KKR vs PWI Live: Yusuf kicks KKR out of the IPL

Wrong on Ghaziabad: The Kiran Bedi argument for moral policing

Cloak but no dagger: The awfully mundane world of spies