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The
Sec 11B saga |
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It is ironical that just as
the government is set to amend the Securities and Exchange Board
of India Act through an ordinance in order to give the regulatory
watchdog more punitive powers, the Securities Appellate Tribunal
seems to have dealt a body blow to its very ability to slap
any punitive damages against wrong-doers. |
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Nervous
of steel |
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With the country’s largest,
and arguably the most efficient, private steel producer — the
Tata Iron and Steel Co Ltd — reporting a whopping 76 per cent
dip in its Q2 net profit, one can well imagine what’s in store
for the rest of the pack. |
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Indian
angle to a global auto story |
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Weaving in an India angle to
an international motor show is not easy. Not because the country
figures only marginally in the plans of global auto majors.
These events are basically occasions for the latter to showcase
their latest concept vehicles, which may not even get to the
shop floor in a hurry. |
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READY
RECKONER: Sunil Jain
Reverse John le Carre |
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In search of a new bad guy,
once the Cold War ended, the world’s best-known spy writer John
le Carre came up with the unbridled capitalist, the pharmaceutical
multinational who would test new drugs on tribal Africa to iron
out the bugs before the drug hit the US and Europe. |
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EAVESDROPPER:
Plan to appease the Lords |
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What do employees
of the foremost planning body that India can boast off do when
the world is faced with unprecedented uncertainty? |
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Revised
draft WTO Ministerial Declaration for the Doha meet |
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The attached draft Ministerial
Declaration has been prepared by the Chairman of the General
Council, in cooperation with the Director-General, for transmission
to the Fourth Session of the Ministerial Conference. This draft
does not purport to be agreed in any part at this stage. |
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