-The Telegraph West Bengal: An agent of the Saradha Group fell ill in Siliguri today after a three-hour demonstration while investors hit the streets with placards asking the chief minister to give them back their money or provide them with poison. Dinabandhu Pal, who had collected Rs 16 lakh for the Saradha Group, was admitted to Siliguri subdivisional hospital after he complained of palpitation in front of Siliguri police station. His wife...
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Documents link Wal-Mart to gutted firm -Steven Greenhouse
—New York Times News Service Documents uncovered at the Tazreen Garment Factory in Bangladesh where 112 workers died in a fire two weeks ago indicate that not one but two U.S. apparel makers supplying goods for Wal-Mart were using the factory around the time of the fire. Two days after the Nov. 24 fire, Wal-Mart said in a statement that it had stopped authorising production at Tazreen and that despite that move,...
More »Horrific Bangladesh factory fire revealed a gap in safety for global brands-Jim Yardley
-The New York Times ASHULIA, BANGLADESH: The fire alarm shattered the monotony of the Tazreen Fashions factory. Hundreds of seamstresses looked up from their machines, startled. On the third floor, Shima Akhter Pakhi had been stitching hoods onto fleece jackets. Now she ran to a staircase. But two managers were blocking the way. Ignore the alarm, they ordered. It was just a test. Back to work. A few women laughed nervously. Ms....
More »Politics aside, is Gujarat a great growth story?-Bibek Debroy
-The Economic Times A new book by Bibek Debroy on Gujarat looks at how this much-talked about state has performed in economic terms. The author argues history, luck and administrative clarity have been the determining factors. There has been a discernible pickup in Gujarat's growth performance since the 10th Plan (2002-07), the five-year Plans being natural periods for breaking up the timeline. It's tempting to argue that there is nothing exceptional in...
More »No soft landing-N Madhavan
Will Vijay Mallya commit suicide for running up huge losses at Kingfisher Airlines," asks Talaka Rajiah, a farmer near Parkala town, 35 kilometres from Warangal in Andhra Pradesh's Telangana region. "He will not. The government has already thrown some lifelines for him and the airline sector in the Budget," says Rajiah, who also happens to be the secretary of the Telangana Farmers Association. "But when it comes to farmers the...
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