-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...

-Tehelka Here are the gaping holes in the argument for FDI in retail. No smooth talk can pave over it TOUTED AS a cure-all for India’s economic ills, Foreign Direct Investment (FDI) in multi-brand retail is at best an anodyne, and at worst, toxic. It is an attempt to lift markets by fabricating sentiment; signalling an economic turnaround without any concrete steps being taken to trim the fiscal deficit or boost manufacturing. All...

-The Indian Express After being taken to the streets, rallies and TV studios, FDI in retail is finally being discussed in Parliament. This may be a debate forced upon the government with the threat of persistent parliamentary obstruction, and submitting executive policy to voting in the House may be an extraordinary step that could be routinised at the system’s peril. But it is illuminating, nonetheless, to see the play of perspectives...

-The Hindustan Times The Election Commission on Tuesday ticked off the Union government for announcing the implementation of Aadhar-based direct cash transfer scheme during election time in Gujarat and Himachal Pradesh and directed it to keep the process in abeyance in the two poll-bound states. The three-member commission, in its meeting chaired by chief election commissioner VS Sampath, in its order stated that the government's announcement was "avoidable", keeping in mind the...

-Outlook Porbandar (Gujarat): Gangs and musclemen could play a dominant role in elections in some assembly constituencies of Bhavnagar, Porbandar, the birthplace of apostle of non-violence Mahatma Gandhi, and Rajkot districts of Saurashtra region of Gujarat. Porbandar has been a hotbed of criminal activities in recent times where late Santokben Jadeja had emerged as 'Godmother'. Ganglords of Porbandar are once again are in electoral fray. Another constituency where political power has been shaped...