When Chennai floods forced Chief Minister MGR to shift homes

For all the blame-game over the flood preparedness in Chennai and elsewhere in Tamil Nadu and Puducherry, this is not the first of its kind. Nor would it be the last, given the nature of the......

President's address to the Parliament

Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

T R Baalu must resign: AIADMK MP

The business of Rajya Sabha is unlikely to return to normal until Shipping Minister T R Baalu resigns, said All India Anna Dravida Munnetra Kazhagam Member of Parliament Dr V Maitreyan while......

How Insolvency Process is being Gamed

The brand new bankruptcy process is being brazenly gamed by those with connections and money.The touts and fixers of the previous regime have been replaced by a new set close to this one, observes......

Will Sudhir Valia, Suraksha's 'deal maker' manage to bag Jaypee Infra?

Suraksha started by funding developers for projects, and then evolved into realty angel investing. Dev Chatterjee reports. IMAGE: Suraksha Smart City - Vasai-Virar's biggest township under......

Banks and ARCs: Time to break the cosy relationship

Banks feel happy shifting their toxic assets from loan books to investment books while the ARCs enjoy the management fees with a smile, observes Tamal Bandyopadhyay. Illustration: Uttam......

PSBs will only lead bad bank, pvt banks also need to support: SBI

State-run lenders will take a lead in creation of the bad bank, but the sick asset resolution platform needs the support of private banks and other lenders to be successful, State Bank of India......

Preview: All eyes on major hungry Woods at Hazeltine

Four-times winner Tiger Woods will command the spotlight when he tees off in Thursday's opening round of the US PGA Championship in pursuit of his 15th major victory and first this year. The......