-The Economic Times Rajan Mittal resigned as director of Bharti Retail last November, barely weeks after the Enforcement Directorate launched a probe into a controversial $100-million investment by Walmart Stores in Cedar Support Services, the holding company of the retail venture. A Bharti spokesman said Mittal had resigned from the board last year to "take out time for his other commitments" and has been replaced by Bharti Group's general counsel and...
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In teary spectacle on TV, the crisis of Bengal's 'chit fund media' -Subrata Nagchoudhury
-The Indian Express On Monday, the Bengali new year's day, viewers who tuned into Bengali music channel Tara Muzik witnessed a spectacle never seen before on Indian TV. Anchors of the channel and independent artistes called in to present Barsha Baran, a programme to celebrate the new year 1420, wept copiously on camera while announcing that the channel, facing an unprecedented "crisis of survival", was shutting down. Hundreds of viewers commiserated with...
More »PSU banks express reservation against usage of Aadhaar number for cash-transfers -Ahona Ghosh & M Rajshekhar
-The Economic Times The government's plan to make the Aadhaar number the centrepiece of the cash-transfer system is now facing opposition from a new quarter: banks. Several banks, led by the State Bank of India, have expressed reservation against jettisoning their current systems in favour of the platform created by the Unique Identification Authority of India (UIDAI), which issues the Aadhaar number and wants to make it the basis to authenticate...
More »Sub-Saharan Africa fares well over South Asia on Malnutrition -Rituraj Tiwari
-The Economic Times WASHINGTON: As India gears up to provide food security cover to 67% of its population, a report compiled by Global Development Network says that the challenges to food security and rural livelihood is fast growing not only in India but in entire South Asia. The report says that the problem can be addressed by investment in agriculture and rural livelihoods on a priority basis. "Financial investment in agriculture research...
More »Why is Aadhaar being shoved down our throats?-R Jagannathan
-First Post Electoral logic is driving the UPA towards a patent illegality: forcing people to part with sensitive private information such as biometric data or finger-prints without having any law to protect privacy in place. As things stand, getting yourself an Aadhaar card issued by the Unique Identification Authority of India (UIDAI) is voluntary; you are not legally bound to part with this information to anyone, leave alone the UIDAI ....
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