Corporate
MNCs and developing world
The article, `MNCs in the new world: How much do the developing countries gain?' (Business Line, August 3) is a fine piece of writing on a subject that requires nuanced analysis, which journalists often fail to provide.

Mutual Funds
Needed, good UTI governance
Apropos the article, `Banks, cos redeemed Rs 1,800 crore in May' (Business Line, August 2), the following issues may be considered:

Power
Enron project
This refers to `Enron and globalisation' (Business Line, August 3). Why blame a multinational that seeks to exploit scarcity and dishonesty in a Third World country for its financial gains?

Taxation
Taxing department!
The I-T Department was never known for being tax-payer friendly. The new logo of the Department confirms just this. The logo gives conveys the impression of an detective or investigation agency!

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