A primary need
The recently organised symposium on "Reforming India's Social Sectors", by the Department of Economics, University of Mumbai brought out several thought provoking issues, one being the need for a healthy population. As a nation, we have not totally ignored the issue and the government has been making attempts to ensure health for all.
Brave new world
The International Labour Organisation has warned of the likelihood of severe social disruption in the SE Asian countries and Korea. These countries do not have any social welfare systems, and they have no defences against large-scale unemployment. Moreover, inflation is likely to whittle down real wages by as much as 50 per cent over the next few years.
Complimentary package in tow
Chemplast Sanmar along with its subsidiaries hold a 16 per cent stake in India Cements. Which obviously presents a golden opportunity for someone to pick up a stake in Chemplast Sanmar and then get India Cements along with it. Thus it is primarily this angle which makes Chemplast Sanmar (CS) an ideal takeover target.
Bata: Uncertainty once more
BATA India is unfortunately in the news once again for the wrong reasons. The year 1995 was disastrous (net loss was Rs 42 crore) and 1996 was spent in a painful recovery, but Bata India reported a superb year of profit growth in 1997.
Economic policy and the BJP-led regime
Since the policy of liberalisation and economic reforms introduced in 1991 by Manmohan Singh, the policy in respect of MNCs has engaged attention of Indian masses, political parties, FIs, Indian and FIIs, international financial institutions and WTO.
Eatery bags dosa, pongal process patents
Restaurateurs beware. The next time you serve crisp dosas or rice pongal or green peas masala to your esteemed customers, you could actually be accused of process-patent infringement. The Chennai-based Dasaprakash Pvt Ltd has obtained process patents in the country on all three commonly consumed food items.
