Agreed that self-regulation is better than government intervention, as your editorial observes (Infys example, Jan 25). But in the case of Infosys CEO Kris Gopalakrishnan being made to give Rs 5 lakh away to charity because he forgot to declare a small number of additional shares having been transferred to his ownership on account of his mothers will, it looks like the company is being more virtuous-than-thou, a trend set by NR Narayana Murthy. The CEO was only in a position to commit a possible insider trading offence (selling the additional stock sneakily at a well-timed moment while in possession of inside knowledge that would determine this timing), and there is no information of his having done any such trading.
Out and out sour
One of the demands made by employees of PSU banks who went on a days strike last week was stoppage of outsourcing. While outsourcing is not bad per se, in India, the truth is that outsourcing often means exploitataion of workers: low wages with no extra benefits, long hours of work and monotonous jobs with no emphasis on skillset enhancement. Top executives pocket fat pay packages and get all-paid foreign trips.
Sudhir K Bhave
If the state gives incentives (No child..., Jan 25), trust the corporate sector to overhaul our education system.
Sunil Kumar Mishra