-Reuters MUMBAI: Wal-Mart Stores Inc prepared its entry into India's supermarket sector in 2010 with a $100 million investment into a consultancy with no employees, no profits and a scant $14,000 in revenue. The company, called Cedar Support Services, might have been a more obvious selection four months earlier: it began its corporate life as Bharti Retail Holdings Ltd, according to documents filed with India's Registrar of Companies. The Cedar investment is now...

-The Times of India The income tax department's '360 degree profiling' had resulted in former corporate lobbyist Niira Radia's contacts with several bigwigs coming to light. She may have fallen off the radar but the government plans to strengthen the mechanism with finance minister P Chidambaram initiating a pilot project with the FIU (Financial Intelligence Unit) to integrate data on all suspicious transactions with the '360 degree' database. Financial transactions of hundreds...

-Outlook The cap on subsidised LPG has the UPA regime worried Something Cookin’     There’s definitely going to be a relook at the six-subsidised-cylinders cap     Fear that LPG could cause a replay of the “onion impact” on 2014 polls     Pressure from all parties for increasing number of subsidised cylinders     Central government keen that states too share burden of extra cylinders      But that could be tricky when discussing Centre-state revenue-sharing Cylinder Pricing     Subsidised cylinders...

-Outlook Its ploy of Aadhar-hinged cash transfer may have won the Congress political points, but will it really be a game-changer?   State-Wise     40% of the 22 crore Aadhar numbers are in Andhra Pradesh (4.7 crore) and Maharashtra (4 crore)     20% is what the two politically sensitive, Congress-ruled states account for of the 51 districts where DCT will be rolled out     55 lakh Aadhar numbers in TMC-run West Bengal. BJP-ruled Gujarat (57...

-The Economic Times Something interesting happened in Mumbai last month. For the first time ever, Harvard Business School stepped out of its Boston campus to bring its leadership and corporate accountability programme for senior corporate executives to India. The programme focuses on promoting socially and financially responsible corporate conduct. In an environment where scams and business scandals are making headlines every day, the turnout for the four-day programme was expectedly impressive. "Corruption...