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Delhi gang-rape: Harsh punishment possible under law

-DNA Social networking sites are abuzz with the cry of death penalty for the accused of the Delhi gang rape case. However, the major sections applied in the case, which include 376 (2) (G) (gang rape), 377 (unnatural sex), 307 (attempt to murder) and 201 (destruction of evidence) read with 34 (common intention) of the Indian Penal Code, will attract a maximum punishment of life imprisonment for the accused. The sessions court,...

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Lok Sabha passes companies, banking Bills-Asit Ranjan Mishra, Liz Mathew and Surabhi Agarwal

-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...

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2G: No Assessment by Govt on Presumptive Loss

-Outlook The government has not made any assessment on presumptive losses following the CAG report on the 2G spectrum issue, Parliament was informed today. "No assessment of the value of presumptive loss caused to the nation after the publication of CAG report in 2G spectrum matter has been made by the Government of India," Minister of State for Finance Namo Narain Meena said in a written reply in the Rajya Sabha. To a...

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How Wal-Mart got a foot in the door of India's retail market

-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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Kejriwal link drives ‘donors’ into a tizzy

-DNA Top corporates and businessmen appear to be in a rush to defend themselves following a report in New Delhi-based tabloid Mail Today that they funded Arvind Kejriwal-led India Against Corruption (IAC). The Tata Social Welfare Trust clarified that while it had indeed made a grant of Rs 25 lakh a year to Kejriwal’s NGO, the Ghaziabad-based Public Cause Research Foundation (PCRF) beginning 2009, the money was not meant to be used...

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