There is substantial capacity in the cooperative sugar sector. Reform of the sector needs transparency, enforcement of prudential norms and effective governance. Multi State Cooperatives can now become Producer Companies under the Companies Act by the Second Amendment in 2002 based on a Draft Act prepared by a Committee I chaired. As far as possible conflict of interest, reporting norms and so on need enforcement for Cooperatives as in Company...

The convulsions that have gripped the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) — India’s flagship city development programme — with only three years to go for the termination of its assigned lifespan of seven years, is symptomatic of the country’s predilection to put politics above all other issues, including the vital ones. The Mission, aimed at pulling India’s 63 cities out of their dilapidation, which is somewhat reminiscent of...

From the bed of an intensive care unit, Samavedam Sriramachari today recalled his two decades of research that helped demystify the poison gas which caused the worst chemical disaster in human history. The Indian pathologist, who helped the world fathom how the methyl isocyanate gas that leaked from the Union Carbide factory in Bhopal 25 years ago killed and harmed thousands of people, is now himself fighting a lung disease probably...

Using the mobile platform to expand audiences and connecting with readers using social media such as Twitter, Facebook and even custom-built tools are important methods for newspapers to grow, speakers at the annual Digital Media Round Table of WAN-IFRA, the global organisation of newspapers and news publishers, said here on Monday. Data from developed markets showed that the compounded annual growth rate for advertising on mobile phones was projected to be...

Eleven months after B. Ramalinga Raju, the former chairman of Hyderabad-based Satyam Computer Services, confessed to masterminding a $1.2 billion fraud at Indias fourth largest I.T. outsourcing company, the dirt is still tumbling out. On Nov. 24, the country's Central Bureau of Investigation (CBI) released findings that show the alleged fraudulent accounting and embezzlement was far larger than originally thought. Raju and nine accomplices skimmed some $2.5 billion from the...