-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 »SEARCH RESULT
Total Matching Records found : 669
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 »FDI in retail? say a big NO -Anupam Bhargava
-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....
More »Striking at the root of corruption -Shailaja Chandra
-The Hindu Cleansing political parties and elections of illegal money is the first step towards tackling the evil of graft Corruption is nothing but a reflection of the distribution of power within societies. The country is where it is because the political system is self-perpetrating and no party is accountable to anyone except a coterie of people that dominates all decisions. Unless the political system is accountable, going after individual cases of...
More »Government asks CBI to probe 24 NGOs receiving foreign funds
-PTI Government has asked the CBI to probe alleged illegal activities of 24 NGOs which received funds from abroad, Lok Sabha was informed today. Minister of State for Home R P N Singh said different state police forces were also asked to probe into the alleged irregularities of 10 other NGOs which received funds from abroad. The Minister said altogether Rs 10,997.35 crore was received as foreign contribution by 23,172 NGOs across India...
More »
