Congress blamed the Naveen Patnaik and his team for encouraging the chit fund companies and demanded that criminal cases be filed against them

Cong demands CBI probe on chit scam

BS Reporter

Application promises to free investors from red-tape by enabling them to file applications online, track approvals from various departments

Globals ITeS proposes online single window portal

Business Standard

Development of the 143 km corridor with a capacity to handle coal in exces sof 100 mn tonne annually will benefit more than 50 industries in sectors like steel, aluminium and power

Odisha okays land buying for Rs 8,000-cr coal corridor

The country's premier investigation agency has now become the prime newsmaker in the state where people, till a few years ago, hardly noticed its presence

CBI the prime newsmaker in Andhra Pradesh

Max Life Insurance Company Limited today said the six-month time line for switching over to products approved according to the new regulatory guidelines was too short and would serve no purpose in a business of long-term nature like life insurance.CEO and managing director of the Gurgaon-based company, Rajesh Sud, said while the new product guidelines were good in the long-term as they sought to provide more protection to the policy holder, the manner in which the companies had been asked to shift to the new product design was very challenging.Even as the industry is seeking more time to shift to the new set of life products, the Insurance Regulatory and Development Authority (Irda) on Monday reiterated it would be sticking to the June 30 and September 30 deadlines for group and individual products respectively.All existing products will stand withdrawn by the expiry of these deadlines. The products approved according to the new guidelines will have to be offered by the life insurance

6 months too short for new product switchover: Max Life

AP CM N Kiran Kumar Reddy today sought insider access to online communication sites to monitor the Internet-based communication channels used by terrorists

AP CM wants access to Internet chat sites

The Kerala police has defended the arrest of William S Pinckney, managing director and CEO of Amway India, and said the arrest was strictly in accordance with the law.The police in its report to the additional director general of police- North Zone, stated the crime branch had not committed any mistake by arresting the CEO.The report also stated the business of Amway was a clear case of money multiplying, popularly known as money chain business, and is a fraudulent activity under the laws of business.In the past, on consideration of these violations, the economic offences wing of the crime branch had served summons to Pinckney. However, this time, guided by the petitions filed by three former Amway distributors charging its business model prompted the CEO's arrest by the Wayanad police.The report comes in the wake of Kerala's latest GO to inquire about the circumstances that led to the arrest. Last year, the state police had conducted raids on Amway's offices.

Kerala cops defend Amway CEO arrest

Credai is the apex body for real estate developers in the country and represents over 9,000 developers through 128 chapters in 20 states

Credai has reservations on new real estate Bill

The Jain Group of Institutions has been one of the aggressively-growing educational institutions in Karnataka

Jain Group to raise Rs 150 cr to expand schools

'Another area of concern is the rising trends of cyber crime against the individual, organisation and society'

NCTC should not get unbridled powers: Siddaramaiah

Press Trust of India

Dream of benches in Dharwad, Gulbarga realised

Permanent benches to make life of litigants in N Karnataka easier

'RBI clarification on new bank licence looking positive'

Association highlighted that in line with the transfer scheme notified by the state, PSPCL has to engage in the business of distribution, generation and trading

PSEB Engineers Association opposes formation of new company

Centre had recently issued a gazette notification declaring a 100-km stretch between Gomukh and Uttarkashi along the Bhagirathi river as an eco-sensitive zone

Uttarakhand CM calls for review of eco zone

Himachal also requested the Centre to provide liberal financial help to strengthen the police and civil units in the border areas of Himachal and China

Pay security costs of Karmapa and Dalai Lama: HP to Centre

The company feels dynamics of used car space was changing fast in India owing to various financing options available to customers

Merc pushes for pre-owned cars

The MoEF has raised fresh doubts on the two projects due to which the work has not begun

Yamuna hydel projects face hurdles

The Supreme Court has reallowed mining in Karnataka subject to conditions. Is it possible to safeguard the environment while keeping the industry happy and can the court order for Karnataka be a one-size-fits-all policy for Goa?

A check on greed in the iron age

Comprehensive directions to be issued for artisans in the state

Gujarat to study environmental impact of PoP idols

With land acquisition for Posco India's proposed mega steel project in Odisha gaining momentum, the steel maker has written to the Union ministry of environment & forests (MoEF), seeking immediate revalidation of environment clearance granted for the project in 2007.The MoEF had granted environment clearance (EC) to Posco for a four million tonne per annum (mtpa) steel plant in July 2007 with a five-year validity. Without revalidation of EC, Posco India would not be in a position to start construction work."The MoEF may kindly consider the grant of revalidation of EC immediately and the additional conditions may be imposed separately honouring the NGT (National Green Tribunal) judgement," Posco India chairman and managing director (CMD) Yoon Yong-Won said in a letter to secretary, MoEF.Won said, Posco has been struggling to get revalidation of EC for one year. The company was unable to start construction work during the validity of EC (2007-12) as four years were lost in obtaining

Posco seeks revalidation of environment clearance

Many layers camouflage the acquisition of 1,127 acres of prime real estate in Uttarakhand's capital

Who acquired Dehradun's tea estate?

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