-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...

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

-Outlook Jaipur: Holding mobile towers as a health hazard, the Rajasthan High Court today directed telecom service providers operating in the state to remove within two months their towers falling in the vicinity of schools, hospitals and play grounds. The division bench of Chief Justice Arun Mishra and Justice N K Jain Senior held that radiations emitted from mobile phones and mobile base towers are "hazardous to children and patients", as accepted...

-The Indian Express One of the three formulae used by the Comptroller and Auditor General to calculate the loss to the government for selling 2G spectrum on a first-come-first-served basis was suggested by BJP leader and Parliament’s Public Accounts Committee (PAC) chairman Murli Manohar Joshi. When the team conducting the audit said they “are not on strong ground” in basing the loss on the formula suggested, they were told by CAG headquarters...

-The Hindu India’s proposed changes to ITRs preliminary; firm position in Dubai only after consultation and consensus India’s proposal on the International Telecommunications Regulations (ITRs), submitted to the International Telecommunications Union (ITU), is far from the last word on the matter, Telecom Minister Kapil Sibal has said. Mr. Sibal’s remark offers immense relief to Indian citizens and the Internet industry, especially Internet and mobile service providers, social media and other companies that are...