Business/Economy
India chopper deal: Italy probes Euro 51-mn payment to consultant - Manu Pubby, Indian Express
In its biggest ever probe into corruption in defence deals, Italy is investigating allegations that helicoptermaker Agusta Westland paid a commission of Euro 51 million (over Rs 350 crore) to a Switzerland-based consultant for a deal to sell 12 VVIP choppers to India. Reports in major Italian newspapers like La Repubblica and Il Messaggero say investigators raided the Swiss offices of the consultant, Guido Ralph Haschke, after a former top employee of the helicopter company revealed that he was hired to “facilitate” the Rs 3,546-crore deal with India.

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Investors continue to buy India's consumption story - Viveat Susan Pinto & Reghu Balakrishnan, Business Standard
Sun to pay $550m to Pfizer, Takeda - Times of India
New cyber security body to rope in ISPs - Indrani Bagchi, Times of India
Centre kind to some, stingy with others - Subodh Varma, Times of India
Fitch revises India's credit outlook to stable from negative - Pioneer
Fitch upgrades India's outlook to stable, affirms BBB- rating - Economic Times
RBI, govt move to stem rupee fall - Joel Rebello, Mint
IPL's public filings: Who owns the teams, how they run them & what issues they face - Economic Times
Goyal’s NRI status may delay Jet-Etihad deal - Amiti Sen, Business Line
India asks Fitch why it shared confidential info with US SEC - Vrishti Beniwal, Business Standard
Rupee hits record low, makes it difficult for RBI to cut rate - Manojit Saha, Business Standard
Rupee’s record slide brings pain and gain for India - Mint
How Big Pharma-designed cacophony against Ranbaxy drowns vital voice - G Pramod Kumar, FirstPost
Taxes help shape multinational companies - Robert J Samuelson, Washington Post
Real estate Bill, a damp squib - A Srinivas, Business Line
How to reduce our rotting mountains of grain - SA Aiyar, Times of India
Why private universities are set to be the future of quality education in India - Saumya Bhattacharya, Economic Times
J-Virus cripples India's infrastructure story - Sandeep Bamzai, Mail Today
The Punjab pull - Ivinder Gill & Rajat Arora, Financial Express
Twist in food security debate: Study shows how GM crops improve nutrition - Seema Singh, FirstPost
Bring in transparency through REITs - Naina Lal Kidwai, Financial Express
After plane acquisition, Ajit Singh takes charge of height clearance - Ajmer Singh, Indian Express
Inflation is still the lesser evil - Kenneth Rogoff, Business Standard
Why FM is hemming and hawing on rupee, gold and rates - R Jagannathan, FirstPost
It’s the rupee again - Madan Sabnavis, Financial Express
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What happened (in 2002) was a blot. But it’s not good if we remember just that and forget other things that are happening. I congratulate Narendra Bhai. Gujarat’s development is helpful for India and if Gujarat develops the nation will also develop. I hope Narendra Modi won’t be confined to Gujarat for long and the nation will get his services.
Nitish Kumar, in December 2003
 

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