-The Times of India Retail giant Walmart has disclosed that it is investigating alleged violations of the US anti-bribery law in India, China and Brazil. The development could trigger fresh opposition to the opening up of the domestic retail market to global companies. The disclosure is likely to provide ammunition to political parties that are planning to corner the government on its decision to allow FDI in multi-brand retail when Parliament reconvenes...
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Sebi asked for details on RIL-RPL deal in insider trading case-Anirudh Laskar, Aman Malik and Khushboo Narayan
-Live Mint Information commission asks Sebi to disclose details of consent order proceedings, identities of entities involved Mumbai/New Delhi: The Central Information Commission (CIC) has directed India’s stock market regulator to disclose all details related to the insider trading case involving Reliance Petroleum Ltd (RPL) in 2007, in a move that could have a bearing on not just the functioning of the Securities and Exchange Board of India (Sebi), but also the...
More »When politicians own the media-Vanita Kohli-Khandekar
-The Business Standard A cursory analysis of news channels shows that roughly one-third are just political vehicles or peddle influence for builders Last month the ministry of information and broadcasting decided to extend the June 30 deadline to digitise TV homes in the four metros. The new deadline is October 31. There are various reasons for the delay (“Digitisation delay is not a good sign”, June 22). The biggest, however, is cable...
More »Fetters on the media? -V Venkatesan
The proposal made by a Supreme Court Bench to have guidelines for legal reporting is seen as a serious threat to the freedom of the media. Paradoxes are not new to India. But the current challenges to the freedom of expression and the freedom of the media are sure to confound a future historian looking for explanations. The country is fortunate to have the best of historical circumstances that are conducive...
More »Media Follies and Supreme Infallibility by Sukumar Muralidharan
The Supreme Court has taken steps to lay down a code for media reporting. This attempt at prior restraint on the media is a dangerous move with precedent from authoritarian polities. In a context where the judiciary has been lax in defending the media from attacks which seek to curb its freedom, such unilateral moves will not remedy bad reporting but rather make conditions worse for the media to play...
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