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The World Bank’s misdiagnosis-Himanshu

-Live Mint Flexible labour laws in India cannot solve the problem of weak job growth and the poor quality of employment  The theme of the World Bank’s World Development Report this year is, appropriately enough, jobs. The report recognizes that creating jobs is the surest way of reducing inequality and poverty, particularly in the developing world. But the cliché it offers as a solution is disappointing: relax labour laws. The bank has...

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maruti Suzuki hit by protests in Manesar; production loss weighs

-The Economic Times Shares of maruti Suzuki India slipped over 2 per cent in trade on Tuesday after reports indicated that the workers at the Manesar plant are planning a hunger strike and other peaceful protests to force the company management to reinstate the 548 employees who were sacked after July's violence. At 01:20 pm, maruti Suzuki recovered marginally and was trading 1.8 per cent lower at Rs 1453.25. It has hit...

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The piecemeal city

-The Business Standard The consequences of unplanned growth in Haryana real estate One of the positive consequences of the recent focus on the dealings between companies owned by Robert Vadra and the real estate giant DLF is that the unregulated nature of the Haryana land market has become a topic of discussion. Mr Vadra’s companies’ purchases of additional land and apartments were funded from the windfall gains that accrued after a 3.5...

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Behind Haryana land boom, the Midas touch of Hooda -Shalini Singh

-The Hindu Robert Vadra may be the most talked about property developer in Haryana but the emergence of links between the man who sold Sonia Gandhi’s son-in-law his first plot of land and Haryana Chief Minister Bhupinder Singh Hooda has shone a spotlight on the crucial role played by the Congress-run government in turning realty in the State into a business worth thousands of crores of rupees. Records of all licences granted...

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Labour troubles back to haunt Hyundai's India operations-Sanjay Vijayakumar

-The Economic Times CHENNAI: Labour troubles are back to haunt Hyundai's India operations, with Leftist labour group Centre of Indian Trade Unions saying at least 300 workers affiliated to it are on an indefinite strike since Tuesday afternoon at the South Korean carmaker's plant in Sriperumbudur, 50 km from Chennai. But the Hyundai management has sought to play it down, saying in a release that the production disruption was limited to only...

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