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Wal-Mart India unit suspends CFO, others

-Reuters The Indian joint venture of Wal-Mart Stores Inc has suspended its chief financial officer and other employees as it investigates alleged violations of US anti-bribery laws, a development that could hamper India's efforts to open its domestic supermarket sector to foreign investment. Wal-Mart, the world's largest retailer, said last week it has opened internal inquiries or investigations into bribery allegations in Brazil, China and India, which follows an earlier probe in...

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An act of constitutional impropriety -Madabhushi Sridhar

-The Hindu By not informing Ajmal Kasab of his right to seek a judicial review of the rejection of his mercy petition, the UPA government has committed a serious wrong The hurried and secretive hanging of Mohammad Ajmal Amir Kasab is both an administrative wrong and a constitutional impropriety. The Manmohan Singh government and the UPA chairperson, Sonia Gandhi, owe it to the nation and the whole world to explain why their...

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Maoists strike in Gadchiroli, gun down ex-sarpanch -Pradip Kumar Maitra

-The Hindustan Times After a lull, the naxalites struck in Gadchiroli again. On late Tuesday night, the naxalites killed a villager on pretext of his being a police informer in Motala-Tekdi village near Sironcha bordering Andhra Pradesh.   According to reports reaching here, a gang of 10-15 armed Maoists stormed the Motala-Tekdi village and enquired about Narayan Srirangi (33) who was at home. They armed naxals went to his home, dragged him...

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Kasab execution came a day after India opposed UN resolution

-PTI The hanging of 26/11 terrorist Ajmal Kasab in a Pune jail comes a day after India opposed a UN General Assembly draft resolution which sought abolition of the death penalty, with New Delhi arguing that capital punishment in India is exercised in case of a crime so heinous that it "shocks" the conscience of society. Kasab, the lone surviving terrorist, had along with 9 other Pakistani gunmen killed over 160 people...

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Pitfalls for subsidy targeting -Subir Roy

-The Business Standard Cash transfer is targeted at the poor, but Aadhaar has no role in identifying the poor The disbursement of subsidies through direct cash transfers is round the corner. It will begin in 51 districts in the new year, just over a month away, and in half the country in four months’ time. So it is important to ask: do we have the capability to take on this job,...

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