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Enron’s
demise |
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Enron Corporation’s spectacular
global flameout has caused no major shock in India. Barring
powerful Enron apologists who include politicians, bureaucrats,
businessmen and journalists, everybody else has always known
that its dealings stink. |
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Subverting
Supachai |
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The developed industrial countries,
especially the United States and the European Union, would be
making a serious mistake if they tried carving up the authority
of the director-general of the World Trade Organisation by agreeing
to nominate Mr Mike Moore, WTO’s present D-G, as the chairman
of the Trade Negotiations Committee, formed at the Doha Ministerial
meeting. |
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Why
be selective about FDI in print? |
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Has India changed since 1955?
What a stupid question! Of course it has. But we continue to
hanker after 1955. 1955 was a wonderful year. Globally, India
was much more important in 1955 than it is in 2001. The share
in world exports is just one example. |
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LEGAL
BEAVER:Kumkum Sen
Penny wise, pound foolish |
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Under the provisions of Section
77 of the Companies Act, 1956, a company was prohibited from
purchasing its own shares. |
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OFF
THE CUFF: S R Kasbekar
India Inc unable to think Asian |
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The post-1991 economic
reforms have dismantled the four decade-old dirigiste regime
by freeing the Indian corporate sector from a plethora of undesirable
controls and restrictions. |
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NAVY
DAY THOUGHTS: Ranjit B Rai
Time ripe for opening defence industry to private players |
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The Indian Navy knows it has
a friend in George Fernandes, who is back as defence minister.
He has been very vocal in his support for the Cinderella service
after he surreptitiously sacked CNS Vishnu Bhagwat on December
30, 1998, almost as if to atone for his actions, and that bodes
well for our men in white and the nation. After years of neglect,
the results are now showing. |
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TAKING
STOCK: Kandula Subramaniami
Sunset for Enron, sunrise for Maharashtra |
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Newspaper headlines over the
past two days are related to the collapse of Houston-based energy
giant Enron. A Reuters news story said the entire “financial
world watched nervously on Thursday as America’s top energy
trader, Enron Corp, teetered on the edge of collapse, fearing
a strain on US banks that could send the global economic recovery
back a step.” |
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STATES:
C R Rathee
Haryana looking into complaints of adulterated farm inputs
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Following complaints of large-scale
sale adulterated inputs, particularly chemical fertilisers and
pesticides, resulting in heavy loss to farmers in Haryana, state
agriculture minister, Jaswinder Singh Sandhu, has directed field
functionaries of his department as also those of Chaudhary Charan
Singh Haryana Agriculture University. |
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SPOTLIGHT:
David Brough
FAO urges poor nations to boost organic food sales |
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The United Nations food body
urged poor nations on Monday to boost exports of organic produce
to take advantage of booming markets in developed countries. |
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INDIA
AND THE WORLD — CANADA
Indo-Canadian ties grow from peacekeeping to deepening trade
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India and Canada
have enjoyed a wide-ranging and broad-based relationship ever
since 1947, when India gained independence. The commonalties
between the democratic structures of the two countries and the
values and interests shared by them provided the basis for this
comprehensive relationship. |
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