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Of FDI, Wal-Mart & controversies: An eventful year for retail

-PTI The retail sector, where the government permitted foreign direct investment in multi-brand, courted controversies during the year with several opposition parties making it a political issue in Parliament. Even before its entry into multi-brand retail, the global chain Wal-Mart was grappling with various issues, including spending money in the US on lobbying for entry into India. Adding action to the drama was Swedish furniture chain IKEA's hectic bargaining with the government over...

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Still Smoking

-Outlook Gutka lobby protests stick’s escape Law On Their Side The tobacco industry has enough clout and money to secure the support of top politicians-cum-lawyers in courts:     Arun Jaitley: ITC, market leader in cigarettes     Ram Jethmalani and Abhishek Manu Singhvi: Dharampal Satyapal Ltd     Kapil Sibal: Dhariwal industries *** Just about two months back, newspaper readers were taken aback by a series of front-page ads, one of which stated how 14 states had had banned...

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West Bengal sees turnaround in revenue collection

-The Times of India The West Bengal government has managed a turnaround in revenue collection, thanks to innovative use of technology and the impending need to raise resources and repair the state's tattered finances. Data shows tax receipts during the first quarter of 2012-13 have risen 35%. In 2010-11, before the Trinamool Congress-led government came to power, tax collection by the Left Front government stood at Rs 21,000 crore, while in 2012-13...

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UID 'compulsory' from January 1, but lakhs yet to be enrolled

-The Times of India The Delhi government has put out public notices declaring that an Aadhaar card will be compulsory from January 1 for access to every government service. The notice has left people confused for lakhs of Delhiites are yet to be enrolled under the Aadhaar programme. On Saturday, Nandan Nilekani represented the UIDAI at the launch of Delhi Government's Annshree Yojana which is cited as the first Aadhaar UID-enabled scheme....

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SC upholds land acquisition for urban complex project in Haryana -J Venkatesan

-The Hindu The Supreme Court has upheld the acquisition of 673.29 acres of land by the Haryana government in Panchkula district for the Kalka-Pinjore urban complex project. A Bench of Justices G.S. Singhvi and S.J. Mukhopadaya dismissed a batch of special leave petitions and lifted the stay on the construction by several developers. The Supreme Court had stayed the project for over eight months. In its order the Bench said “it will not...

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