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Lobbying simplified: do we need it?-Shantanu Bhattacharji

-The Business Standard Why the hue and cry over Walmart? Many of India Inc's big ones are no strangers to lobbying in the US  There is a very fine line that separates lobbying from bribery, and there are diverse opinions on what kind of influential pressure on lawmakers qualifies as acceptable, and what doesn't. Quite clearly, bribery is illegal and unacceptable, there is nothing wrong in lobbying per se -- at least...

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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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No excuses for this error of judgment -Vidya Subrahmaniam

-The Hindu From illegal detentions to wrong convictions, India’s terror prosecution is in dire need of attitudinal overhaul Only those condemned to await their own deaths will know what it is to be suddenly blessed with the elixir of life. On November 22, two Kashmiri men found themselves lifted out of the darkness of their death row cells into light, life and liberty after the Delhi High Court set aside their convictions...

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ipaidabribe.com: A website that encourages Indians to share their bribe giving experiences-Malini Goyal

-The Economic Times Something interesting happened in Mumbai last month. For the first time ever, Harvard Business School stepped out of its Boston campus to bring its leadership and corporate accountability programme for senior corporate executives to India. The programme focuses on promoting socially and financially responsible corporate conduct. In an environment where scams and business scandals are making headlines every day, the turnout for the four-day programme was expectedly impressive. "Corruption...

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Food worry feeds GM trials -R Balaji

-The Telegraph The Supreme Court today refused to stay field trials of genetically modified food crops for now despite a court-appointed panel recommending a 10-year moratorium, after the Centre said such a freeze would hit food security for a growing population. The five-member technical expert committee’s (TEC) interim report had advocated the moratorium till the country improved its regulatory system for GM field trials to ensure proper evaluation of these crops’ health,...

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