In a move aimed at insulating the Central Bureau of Investigation from political interference, the Union Cabinet on Thursday approved recommendations of a Group of Ministers which include setting up of a panel of retired judges to oversee the investigations of the agency, besides increased financial powers of its director.
The investigators have already served summons to Shah and others directing them to appear before them for questioning.
After scrapping the selection of six UPA-appointed bank chiefs, the government has now decided to make significant changes to the selection process.
Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
The price movement and trading volumes for few days prior to Mistry's ouster will also be looked into
Five of these have wound up since, according to records of the Ministry of Corporate Affairs
News of all that's transpired on and off the football field.
Madurai Kamaraj University in Tamil Nadu, which has been rocked by student protests over the last few days, closed down two days ago. A Ganesh Nadar visits the campus to find out what went wrong.