Following the intervention of the state minister for women &amp; child development Anjali Behera on the use of women and children as human barricades to stop Posco land acquisition work, the Jagatsinghpur district administration has sent a team to Gobindpur village on Monday to conduct an enquiry into the matter.

Administration to probe use of women, kids in Posco protest

Business Standard

The centre has roped in top professors from IIMs and IITs to conduct an in-depth study on police in order to develop better modules and bring in reforms in the police system in India.

Top IIM, IIT professors to conduct police studies

Uttar Pradesh chief minister Mayawati has asked the central government to waive repayment of all loans given to farmers in the Budelkhand region, estimated at Rs 4,500 crore.

Maya wants waiver of Rs 4,500 cr on Bundelkhand loans

The involvement of the anti-Posco villagers including women and kids got a big boost today with noted environmentalist cum Narmada Bachao Andolan leader Medha Patkar deciding to join them in intensifying the stir against land acquisition work for the project.

Medha Patkar joins stir against Posco land acquisition

Su-Kam power back-up and battery firm on Monday re-opened its renovated tubular battery plant in Baddi. &ldquo;The unit has been renovated to increase the capacity of the plant,&rdquo; said Kunwer Sachdev, MD Su-Kam, after inaugurating the plant.

Su-Kam opens new battery plant at Baddi

Close on the heels of the Centre halting aid to six districts of Orissa, where the CBI is probing irregularities in the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the state government has decided to approach the Union ministry of rural development (MoRD) on the matter.

State demands fund restoration for six districts under CBI scanner

The industry in Punjab is languishing due to obsolete infrastructure and excessive burden of taxes. This is reflected in the statistics available at the Industries Department that shows the number of small-scale units has come down from 2.25 lakh to 1.69 lakh in the past five years.

Excess tax, poor infra hit  industry in Punjab

Punjab Chief Minister, Parkash Singh Badal, today, asked the Union Ministry of Chemicals &amp; Fertilizers to implement its proposal to transfer fertilizer subsidy directly to the farmers on a pilot basis in order to resolve the issues and difficulties in the way of its implementation.

Punjab CM cautions GoI of problems in direct transfer of fertiliser subsidy

The 100-year old Calcutta Stock Exchange is finally set to launch a trading platform, which will enable its members to trade on National Stock Exchange (NSE)-listed securities in the next one month, a move that will give the ailing exchange a fresh lease of life.

Calcutta stock exchange to launch trading platform

The Company Law Board (CLB) has restrained Birla Corporation from proceeding with a special resolution seeking amendment to the Memorandum of Association (MoA) of the company through postal ballot for foray into the new business of money market operations. Minority shareholders of Birla Corporation led by Birla Education Trust had moved the CLB against the postal ballot special resolution. The CLB chairman had said last Friday in the order &quot;the company had issued a postal ballot notice with the object of amending the MoA with the intention of commencing certain new business in May 2011 to carry out money market operations including dealing in securities and other instruments.&quot; The chairman Vimla Yadav observed that if the company entered this kind of business, then the present management and its staff and employees did not have the experience required.

CLB restrains Birla Corp from passing special resolution

Press Trust of India

Steel Ministry today submitted Kolkata-based Hindustan Steel Works Construction's (HSCL) Rs 1,440 crore financial restructuring plan before the Cabinet Committee on Economic Affairs (CCEA).

Steel Min submits HSCL's restructuring plan to CCEA

Irrespective of what the Reserve Bank of India (RBI) thinks about the role of microfinance institutions (MFIs), the recent actions of the Andhra Pradesh government against these organisations for their alleged excesses in lending to the rural poor, have now assumed a pan-India significance.

Three-day microfinance summit begins today

Manappuram group will mobilise Rs 1,500 crore through a non-convertible debenture issue by next month. The debentures with a tenure of five years will carry an interest rate band of 11.5 -12 per cent, according to company chairman VP Nandakumar.

Manappuram group to raise Rs 1,500 cr via NCDs

Sundaram Infotech Solutions, the IT subsidiary of Chennai-based Sundaram Finance Ltd, has announced the launch of its financial management solution, SmartLend Lite, to be offered as a software-as-a-service (SaaS) product for non-banking financial companies (NBFCs).

Sundaram IT arm offers software for NBFCs

The management of Singareni Collieries Company Limited (SCCL) has claimed that there was little impact of the strike call given by the AITUC-affiliated union on the first day today.

Little impact of strike, says Singareni management

State Bank of Hyderabad (SBH) today announced a free personal accident cover of Rs 1 lakh as an add-on service for its existing and new savings account holders.

SBH adds free accident insurance to its SB services

Public sector lender UCO Bank has launched its small and medium enterprises (SME) loan hub in Bangalore in its bid to increase lending to the sector.

UCO Bank opens SME loan hub to increase lending to sector

It's not often that the investment decisions of George Soros and Vinod Khosla, the billionaire investors, go awry. While critics are in a hurry to write the obituary of Vikram Akula, the poster boy of the Indian microfinance sector, the story of the epic rise and abrupt fall of SKS Microfinance is far from reaching its climax, according to its investors and top executives.

SKS Microfin still far from its end

The Karnataka government today announced the new Information Communication and Technology Policy 2011. The policy is considered as the version 2.0 of the Millennium IT policy released by the state in 2000. The policy envisages positioning Bangalore to be the IT R&amp;D and product hub of India, to enable Karnataka to be the most preferred destination for MSME and also to retain the state&rsquo;s position as the leaders in the information technology arena of the state.

New IT policy aims to make city IT product hub

In what could be signs of a potential correction in the residential properties segment in Ahmedabad, developers are increasingly offering freebies like discounts on equated monthly installments (EMIs) and free modular kitchens.

Freebies hint at realty slowdown in A'bad

The Budget speech of Finance Minister Pranab Mukherjee left many surprised in the Unique Identity and Development Authority of India (UIDAI) &mdash; the agency tasked with providing unique IDs or Aadhaars to 1.2 billion Indians.

UIDAI: Miles to go for Nilekani

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