The general elections could take a toll on the bottom lines of a host of Indian companies that have accessed overseas debt.
Data collected from the Registrar of Companies, or RoC, show that The Firm, as McKinsey is reverentially referred to, has been making steady losses in India since 2004-2005, except in 2006-07. It ended 2007-08 with a loss of Rs 2.26 crore, which was a lot better than the figure in some of the earlier years.
If there is one state where environmental issues spill over into active politics and can rewrite the destiny of political parties, it is Goa. And history threatens to repeat itself in the 2009 Lok Sabha elections for two seats, over a government ordinance concerning a Supreme Court order on the demolition of illegal structures built by hotels.
ICAI president Uttam Prakash Agarwal said the new board, to be called the Review Reporting Board, will have powers to examine even unlisted firms. Currently, the Financial Reporting Review Board, which was set up in 2004 to monitor and regulate the functioning of CAs in the country, picks up audit reports of about 50-60 listed companies and non-government organisations to see whether procedures are being followed.
Rs 1,400 crore provided in the stimulus package was due under TUFS anyway.
Rented housing and fixed rents, like it's in developed countries, could be one way to ensure that everyone in cities has a roof over his head.
Recession-hit retailers in the US and Europe are increasing their purchases from Bangladesh as it is able to supply garments at a relatively less price due to low labour cost and better economies of scale, experts said. Data collected by the Apparel Export Promotion Council, the body for the promotion and facilitation of garment-manufacturing and their exports, show Bangladesh overtook India after August 2008.
He asked the CMs to give priority to income-generating schemes like housing and tone up implementation of ongoing programmes to enable them to spend the originally allocated funds and the additional allocation of Rs 20,000 crore. He referred specifically to the Pradhan Mantri Gram Sadak Yojana, National Urban Renewal Mission, National Rural Employment Guarantee Scheme, Indira Awas Yojana, Acceleration Irrigation Benefit Programme and National Social Assistance Programme.
Telemedicine sure helps private enterprise. If it also helps the cause of health care, then why not?
The ambitious plans of another charity of the Satyam founder, the Health Management Research Institute, in partnership with the Andhra Pradesh government, are under scrutiny.
Despite its success, EMRI is as much under a cloud today as its founder Ramalinga Raju, with a public interest litigation in the Supreme Court questioning the way he got 12 state governments to implement it and reimburse 95 per cent of its expenses. The key issue is that the states entrusted Rs 18 billion annually (if 10,000 vans are to run in all the states by next year) to a private company without going through a transparent selection procedure.
Delhi Chief Minister Sheila Dikshit says in an interview that the Centre can continue to handle the city's law and order situation but should reform the police system.
The industry, which has complained of widespread job losses along with a sharp decline of about 30 per cent in its expected export target for the current fiscal, wants a quick action from the government. Industry sources say that even if the government releases the funds, the banks would take another month to disburse them.
British Telecom's sustainability index aims to rank Indian companies according to their corporate social responsibility initiatives, says Sreelatha Menon.
The policy also asks for a suitable accreditation machinery to recognise institutions, professionals and services related to safety, health and environment at workplace.
Jean Dreze, who is also member of the Central Employment Guarantee Council, Ritika Khera and Anirban Kar - all from the Delhi School of Economics -- have pointed out that though bank payment of wages is seen as a magic solution to delayed payment and non-payment of wages under the Rs 25,000-crore (Rs 250-billion) scheme, making bank payments mandatory is a step taken without necessary precautions.
'Sweetheart' and 'darling' have been Sheila Dikshit's favourite words for decades -- they go well with her trademark warm, grandmotherly smile. And now, the capital has reciprocated. Dikshit has become the 'darling of Delhi'.On December 8, she became the only chief minister of Delhi to enter into a third successive term. In the 123-year history of the Congress, she is the third chief minister to have this record.
The draft Companies Bill 2008 has identified the three key managerial positions as chief executive officer, chief finance officer and company secretary. By recognising these three key managerial positions, the Bill is fixing responsibility to bring out a system which is more accountable, transparent and workable, according to an official at the Ministry of Corporate Affairs.
At least seven Bills initiated by the labour ministry are awaiting Parliament's nod, but just one - the Unorganised Sector Workers Social Security Bill - has been listed for the House session beginning on Wednesday.
India's diamond cutting and polishing industry fails to see logic in adhering to the ban on trade in diamonds used for funding conflicts.
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