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Somasekhar Sundaresan

Future focus areas for an effective SEBI

It is SEBI season - the media is replete with articles on SEBI's achievements in the 25 years since its inception. A well-deserved celebration is scheduled. In a rare show of international statesmanship, India will host the Deputy Prime Minister ...

H P Agrawal

Transfer pricing: Tolerance margin needs to be rationalised

When transfer pricing provisions were introduced in India in the year 2001, no tolerance limit was prescribed for adjustment in arm's length price (ALP). Thus any difference between the ALP, as calculated by adopting an appropriate prescribed ...

Sukumar Mukhopadhyay

Part of government can still be independent

There is a raging controversy now whether an institution which is a part of the Government can still be independent. This happened in the recent context in which the CBI has come under serious criticism for not acting independently.The CBI has been ...

M J Antony

Arbitrator will test 'dead' disputes

In an arbitration dispute, the Supreme Court will not normally decide whether the claims are long dead and barred by the law of limitation. It will be determined by the arbitration tribunal, the court stated in the judgment, Schlumberger Asia ...

Kumkum Sen

Kudankulam case: A Daniel's judgment

It's wrong to assume that the SC has taken a position that larger public interest is more important than smaller violations of right to life

Vivek Mishra

Mergers & amalgamations: Practical issues in Cenvat

Rule 10 of the Cenvat credit rules should be redrafted appropriately so that credit transfer is exercised as a matter of choice

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Will the spot-fixing scam take the excitement out of IPL?

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ITC clocks 3% volume growth in cigarettes

Company's FMCG business turns in a maiden profit in Q4 on higher than industry growth

Bajaj Auto: Lower tax rate boosts bottom line

Operating margin dips 200 bps on higher employee costs & other expenses