The Reserve Bank of India (RBI) has urged Finance Minister Pranab Mukherjee to allow the Securities and Insurance Laws (Amendment and Validation) Ordinance 2010 to lapse, since it could affect the autonomy of all regulators, including the central bank.
The flip side of decontrol is greater competition for oil PSUs, says Sunil Jain.
If the Bhopal judgment results in independent directors and CEOs/plant managers waking up to their responsibilities, that can only be a good thing.
Given how the Telecom Regulatory Authority of India's (Trai's) recommendations on 2G spectrum will hit telecom firms, it's not surprising that telecom stocks have plunged. Of course, the fun and games have only begun since it is up to Telecom Minister A Raja to decide whether to accept the recommendations, which ones to accept, and when to accept.
Neither Tharoor nor Modi is a political heavyweight, so sacrificing them is easy, writes Sunil Jain
Finance Minister Pranab Mukherjee's decision to co-contribute, for 3 years, Rs 1,000 per annum to each individual who opens an account under the New Pension Scheme is more than welcome.
Bharti will have to deal with 15 different regulatory regimes in Africa as opposed to just one in India.
Getting to the magic growth, however, will require massive increase in investment in infrastructure, in labour force skills and manufacturing capacity.
Whether the Ranganath Misra/Sachar kind of recommendations (some of them are similar) will help improve the lot of Muslims is open to question, given how social transformation is a very difficult and time-consuming process, accepting them will be a boon for the BJP. Whether the Congress party wants to score another self goal after Telangana is the question.
With even the division bench of the Delhi High Court ruling that Communications Minister A Raja's decision to come up with an arbitrary cut-off date of September 25, 2007 was illegal, the government is in huge trouble.
A common carrier policy, as in the petroleum sector, is worth looking at.
It's difficult to say whether the CBI will find enough proof against telecom minister A Raja or whether it will get caught in the parcel of half-truths he's been dishing out on how he's just followed the recommendations of the Telecom Regulatory Authority of India and the actions of his predecessors.
The solicitor general and the TDSAT have both okayed Raja's moves.
There are 10 million new subscribers each month, but they're not adding much value - telecom revenues are flat as a chapatti.
India has a huge infrastructure problem and the solution so far appears to be to throw more money at the problem, without much effort to fix the core issues, says Sunil Jain.
He worked on the Delhi electricity privatisation
This has to be one of the most blatant tricks Raja is pulling off.
One lesson the government should learn from the Air India-Indian Airlines merger fiasco is that combining two sick people ends up making them sicker.
The Comptroller and Auditor General has indicted the way the DMRC is run and points to the novel 50:50 management structure that neither of the governments is in charge, so the company is pretty much run by the management, namely Sreedharan.
Despite the reforms of the 1990s, the country's corporate structure hasn't transformed in any major manner.
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