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Canadian investment firm plans to buy 5% stake in NSE
Canadian investment firm Urbana Corporation has said it is looking to buy a 5 per cent stake in India"s largest bourse National Stock Exchange (NSE), for an estimated Rs 600 crore.

Trai seeks views on FDI and norms for TV channels
Broadcasting regulator Telecommunications Regulatory Authority of India (Trai) today sought views of stakeholders in the sector on issues such as raising limits on foreign direct investment (FDI) and on whether there is need for modifications in uplinking and downlinking guidelines for television channels.

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The economics of caste inequity
Reactions to the caste question are fairly predictable in India. The average (upper caste) response is that the policy of reservations has gone on far too long and that discrimination is very much a thing of the past. As to why certain social groups remain extremely poor and backward despite the legal safeguards, the usual explanation is that Dalits are either not well educated or do not have the merit to make it to good jobs.
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ADAG slams DGH over 'life threat' claims

Slamming claims that it poses a threat to oil and gas sector regulator V K Sibal’s life, the Anil Dhirubhai Ambani group today said it would file criminal proceedings against the Director General of Hydrocarbons (DGH) for “defamation and character assassination”. - RIL-RNRL row: DGH defends itself through ad campaign - Anil Ambani"s new charge against DGH, RIL - Vigilance commission asks CBI to probe alleged Sibal-RIL link - Ambani tussle to impact energy blocks auction: DGH - DGH plans bidding round for oil shales - GSPC"s 2-tcf gas plan approved “DGH’s allegations against ADA Group are irresponsible, absurd and baseless,” RNRL wrote to the home ministry, reacting to Sibal’s letter to the government wherein he had sought protection fearing threat to his life and his family members from the industrial house. Reliance ADA Group challenged Sibal to bring on record anything to support his “wild allegations”, while adding that it would file criminal proceedings against DGH. Anil Dhirubhai Ambani group firm RNRL spokesperson confirmed writing a letter to the government in relation to Sibal’s communication. Sibal’s letter to the home and petroleum ministries on Tuesday coincided with ADAG moving the Supreme Court alleging a nexus.


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