India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.
The shops became a subject of a political controversy last week.
The King Air C90 12-seater aircraft had taken off from the Juhu airstrip on a test flight.
The share capital of the company is Rs 1 crore (Rs 10 million).
The street-fighter attitude is what keeps Rane going even at 69. The expectation is -- at least in the BJP camp -- that he will be itching for a battle royale with the Shiv Sena in its bastions.
The politician who has come a long way, from being a one-time vegetable vendor to one of the most powerful politicians in the state, is in big trouble today, says Neeta Kolhatkar.
'My confidence in the Indian judiciary is absolute after I saw justice being delivered in Gujarat even when a BJP government was ruling the state. The Muslims of Gujarat believed that they will never get justice in a BJP-ruled state, but the facts are before all of us to make a judgment.'
Syed Firdaus Ashraf/Rediff.com meets the families of the victims of the stampede at Mumbai's Elphinstone railway station.
Congress vice president Rahul Gandhi on Friday came under attack in Lok Sabha, with the government accusing him of "playing politics of deception" and "misleading" the House over a mega food park project in his constituency Amethi, evoking strong protests from Congress members.
The BJP is set to make decisive gains in civic elections in Maharashtra even as it is locked in a neck-and-neck fight with its bickering ally Shiv Sena in Mumbai.
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
The fire broke out shortly after midnight on the third floor of the four-storeyed building on Senapati Bapat Marg, a commercial hub of the city, a civic official said.
Tension had been brewing between Maharashtra MPs of the Shiv Sena and Bharatiya Janata Party. Shiv Sena MPs believe they have been sidelined and treated shabbily at the Sadan. Dhanya Rajendran reports
Shah said the Opposition's 'irresponsible' conduct caused a loss of over Rs 333 crore of public money and the ruling National Democratic Alliance MPs' decision to forgo their salaries was a 'call of conscience'.
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