-The Hindu The climate talks continued here on Saturday with Conference of Parties (COP) 18 president Abdullah Bin Hamid Al Hattiyah of Qatar pushing for a conclusion, while accepting that everyone was unhappy with the proposals, but at the same time wanting an outcome. After a brief informal plenary in the morning where Mr. Al Hattiyah asked ministerial outreach groups on key issues to report back after consultation, the plenary convened briefly...
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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 »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...
More »Doha climate talks: India not to enhance its pledge of reducing emissions -Nitin Sethi
-The Times of India DOHA: The Union environment and forests minister Jayanthi Natarajan may not come to the climate talks but the Indian delegation here led by special secretary M Mehrishi has got the nod from the cabinet to draw its strong redlines at the Doha round of UN negotiations. The government has ordered the Indian delegation at Doha to not enhance its pledge of reducing emissions intensity at Doha and reiterated...
More »Govt tracking spending of HNIs, babus, netas -Pradeep Thakur
-The Times of India The income tax department's '360 degree profiling' had resulted in former corporate lobbyist Niira Radia's contacts with several bigwigs coming to light. She may have fallen off the radar but the government plans to strengthen the mechanism with finance minister P Chidambaram initiating a pilot project with the FIU (Financial Intelligence Unit) to integrate data on all suspicious transactions with the '360 degree' database. Financial transactions of hundreds...
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