Chetan Bhagat says banned writers not "heroes"
Best-selling Indian writer Chetan Bhagat on Saturday criticised the support leant to authors whose books are banned for offending religious communities, a day after Salman Rushdie cancelled his trip to Jaipur Literature Festival. Full Article
Maoists kill 13 policemen in landmine attack
NEW DELHI - Maoists rebels killed 13 policemen in a landmine attack in Jharkhand on Saturday, state TV said, prolonging what Prime Minister Manmohan Singh has described as the country's biggest internal security threat.
Amazon "fulfillment center" in Mumbai
Amazon.com is setting up its first "fulfillment center" in India as the world's largest Internet retailer tries to break into the world's second most-populous nation. Full Article
Is demography really a blessing?
The problems of today are also the key challenges of the future, and a youthful population is only an asset if it can be employed productively, say Jeff Glekin and Hugo Dixon. Full Article
RIL approves 104.4 bln rupees buyback
Reliance Industries reported its first quarterly profit drop in more than two years, and moved to bolster its underperforming shares by announcing a share buyback of up to 104.4 billion rupees. Full Article
Fringe players battle over prize money
ATP players proposed boycotting the Australian Open at a closed-door meeting and have grievances ranging from the distribution of grand slam prize money to concerns over length of the calendar. Full Article
Good Night Good Morning: Talk isn’t cheap
It’s not easy to sustain interest in a film that is about two people talking on the phone all night long. But director Sudhish Kamath keeps you engaged, writes Shilpa Jamkhandikar. Full Article
Latest Headlines
LANDMARK JUDGEMENT
Vodafone tax win comes with a twist
The UK phone giant's $2.2 billion Supreme Court win is a boost to India's battered reputation. It also bodes well for firms such as AT&T; , which are threatened with similar tax bills. But if the government now changes the law, future offshore M&A; deals may not escape so easily, writes Jeff Glekin Full Article
The limits of the Pakistan-China alliance
While China has an interest in maintaining strong security ties with Pakistan, the notion that Chinese ties could serve as a replacement for U.S. ties is far-fetched. Instead of wringing its hands over Chinese influence with Pakistan, the U.S. should seek Beijing’s cooperation in encouraging a more stable and prosperous Pakistan. Full Article
How much do Apple employees earn?
Apple has been generous in terms of handing out equity to its employees, and there’s no reason to believe it won’t be just as generous going forwards. And the most recent datapoint we have - the 1 million RSUs given to Tim Cook when he became CEO “as a promotion and retention award” - certainly doesn’t make it seem as though Apple is stingy with its equity-based pay. Full Article
Global Economics: When China is not just China
The internal political role China's corporate kings - CNPC and Sinopec - is underappreciated. When push comes to shove, they follow government orders. But they first do some nudging of their own. They are vital in Beijing’s strategy of securing ever-growing oil imports. Thus, their relationship with the central government is no longer one-way. Full Article
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