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Reliance
on to a winner |
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It is being dubbed a whopper
of a deal that ends the controversial 15-year corporate saga
of a failed hostile takeover. However, Grasim Industries’ acquisition
of Reliance’s 10 per cent stake in Larsen & Toubro is also
making waves because few deals have been so one-sided as this
one. |
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The
full circle |
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The disinvestment ministry’s
proposal to link restructuring of public sector undertakings
with their privatisation reflects the pathetic state of affairs
prevailing in state-owned enterprises. |
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Enforcing
Diwali, ban on smoking et al |
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There was a court direction.
On Diwali night, crackers were to be burst between 6 and 10
in the evening. And the executive was supposed to implement
this direction. |
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LEGAL
BEAVER: Kumkum Sen
Onus is now on the regulator |
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As a part of its WTO obligations,
India is required to open up the insurance, banking, accounting
and legal services sectors by 1st January, 2005 to global competition. |
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EAVESDROPPER:
Kaun saa Joshi? |
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The guards posted
at the residence of union human resource and science and technology
minister, Murli Manohar Joshi, seem to be an extremely pre-occupied
bunch of individuals. |
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