OPINION
OUTSOURCING
Equity, not equality
THE latest controversy between the US and the Indian points of view on business process outsourcing (BPO) focus on an issue which has been a part of the debate on development since the end of the Second World War. ...
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EDITORIAL
Takeover rights and wrongs
THE RULING OF the Securities and Exchange Board of India that the MNC banking company HSBC need not make an open offer to the shareholders of UTI Bank may, on the face of it, appear to conform to the letter of the law. But closer scrutiny would ...
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ECONOMY
The economic strangulation of Bihar
Simple economic logic tells us that a region falling way behind needs greater investment in its development. But Bihar is being systematically denied even its rightful due from the Centre, let alone the additional assistance its economic and social c ondition deserves. If the present state of affairs continues, it will only imperil India, for the country cannot really progress without Bihar's advancement, say Mohan Guruswamy and Abhishek Kaul.
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TAXATION
How to go after gas and gardeners
Mohan R. Lavi looks at the CBDT circular on the valuation of perquisites
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Getting `firm' on transfer gains
T. C. A. Ramanujam on a recent ruling about capital gains during admission or retirement of partners in firms
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There is no innocent economist
ECONOMISTS are often chided for being ignorant. Nobody looks at their blunders as innocent omissions and commissions. And Jaswant Singh is clear about that when he dealt with economics and innocence, during the recent ...
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HUMAN RESOURCES
L-1 visas: 'Specialised knowledge' the contentious issue
ONCE again, election year in the US is making an impact on visas. And this time round, it is the turn of the L-visa, which is commonly split up into two groups — the L-1A, available for senior managers and ...
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EXPORTS & IMPORTS
Should parallel imports be regulated at all?
PARALLEL imports (also called "grey market imports") are goods brought into a country without the authorisation of the patent, trademark or copyright holder after those goods were placed legitimately into circulation ...
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BOOKS
Better cages won't help rein in rogue corporates
EVEN as India is shining, there is talk of gloom elsewhere. "The greatest wealth-creation engine in the history of the world is failing most of us," writes William Greider in "The Soul of Capitalism". The book, ...
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