-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...
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Editors call for media regulation after arrest of Zee News journalists
-CNN-IBN The arrest of two editors of Zee News Sudhir Chaudhary and Samir Ahluwalia has ignited the debate over whether there is a need for regulation of the media. Talking to IBN18 Editor-in-Chief Rajdeep Sardesai, editors called for regulation of the media. Press Council Chairman Justice Markandey Katju says Zee's licence should be suspended if charges are found true. "If there are 40 out of 48 representatives of the media in the...
More »Beyond the hot air-Arvind Jasrotia
-The Indian Express The Doha climate talks must extract tangible action plans from all countries Delegates from more than 190 countries have met at Doha for the 18th session of the Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) and the 8th session of COP, serving as Meeting of the Parties to the Kyoto Protocol. To build on the aspirations of last year’s Durban climate summit,...
More »ACs, refrigerators may get more expensive -Nitin Sethi
-The Times of India The cost of air-conditioners and refrigerators could go up considerably starting next summer if the US and other rich countries force a decision at the UN climate talks in November at Doha, to order a global ban on existing refrigerant gases and replace them with costly though relatively more climate-friendly alternatives. One of the alternatives being proposed is produced jointly by DuPont and Honeywell, two US-based multinationals, and...
More »PMO minister says CAG may be expanded, kicks up row
-The Times of India The UPA was caught in a fresh controversy over the comptroller & auditor general (CAG) after V Narayanasamy, minister of state in the Prime Minister's Office, was quoted as saying that the government was "actively considering" converting the federal auditor's office into a multi-member body. "It (VK Shunglu panel's suggestion to make changes in CAG) is under active consideration. The government is actively considering it," news agency PTI...
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