-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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Why Sibal is smarter than Rajiv Gandhi -R Balaji
-The Telegraph Take a quiz. Here are the clues. The honeymoon has soured and the great hope sunk The government is under the shadow of kickbacks allegations The government decides to call criticism “grossly indecent”, “scurrilous” and “intended for blackmail” and crucify the critics The government wants to prescribe a minimum period of jail for the critics. Now the question: Name the year and the government. That was the summer of 1988. The Rajiv Gandhi government had run...
More »Social media arrests: SC issues notice to Centre, three states
-The Hindustan Times The Supreme Court has issued notices to the Union government, Maharashtra, West Bengal, Delhi and Puducherry seeking an explanation over the recent arrests of social media users. This, after an aspiring Delhi Univeristy law student Shreya Singhal filed a PIL before SC stating that Section 66(A) of the IT Act be modified. An apex court bench headed by Chief Justice Altamas Kabir issued the notice - also to Maharashtra, West...
More »136 government officials under CVC scanner for alleged graft
-PTI The Central Vigilance Commission has recommended action against 136 officials working in various government departments for their alleged involvement in corruption. Of the total, a highest of 32 are working in Department of Telecommunications, 17 in State Bank of India, 11 in Ministry of Railways and nine in Bank of India among others. Besides, seven officials working in Central Board of Excise and Customs and four officials each in Bharat Sanchar Nigam...
More »Supreme Court concern over fake encounters in Manipur -J Venkatesan
-The Hindu Centre asked to respond to plea for Scrapping Armed Forces Act The Supreme Court, expressing concern over extra judicial killings, has asked the Centre and the Manipur government to look into the issue with the utmost seriousness. A Bench of Justices Aftab Alam and Ranjana Desai, hearing a writ petition complaining of mass fake encounter killings, told counsel for the Manipur government on Friday: “You people are killing each other. You...
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