Wednesday, July 08, 2015

Money Matters In India: Some Indian CEOs Make More Than 400% On Their Employees Are Paid Monthly!

Exactly how much India's corporate honchos earn has been a matter of conjecture. Until now. That members of the C-suite make an incredible amount of money has always been known, but exactly how much – especially, compared to the average employee’s salary – has been a matter of conjecture.

Now, new regulations in India have mandated making that information public.

The Companies Act of 2013 and the new Corporate Governance Code by the Securities and Exchange Board of India require that listed firms disclose the ratio of remuneration of directors to the median employee salary.

Prespective Of 'Vyapam Scam': After Rapid Political Rise, CM Chouhan May Sink In Cash-For-Jobs Scandal

By Newscop
Group Managing Editor
Once seen as a prime ministerial candidate, the Madhya Pradesh chief minster is now trying just to survive the crisis.

The cash-for-jobs, or Vyapam, scam surfaced four months before a moment of glory for Madhya Pradesh’s Bharatiya Janata Party chief minister, Shivraj Singh Chouhan. Already eight years in office, the chief minister was hailed as the hero of a spectacular electoral victory in the state assembly election of 2013.

Sporadic cases of ineligible candidates being granted admission to the state’s six medical colleges had been surfacing in the media for many years. The public also had a sense of the longstanding nexus between Madhya Pradesh’s professional examination officials and admission touts.

OpEd: Why Do Indians Show Sympathy For 'Rule-Breakers'

By Dr.Shelly Ahmed
From businessman Rajat Gupta to the Vyapam suspects, the public often views wrongdoers as victims.

Discussing Madhya Pradesh’s Vyapam scandal, which began with students hiring proxies and bribing exam invigilators, a friend reminded me of the case of Ashwini Gupta. On April 9, 1935, Gupta, then a young professor in Calcutta’s Ripon College, took leave from work pleading ill health, and instead sat for a BA economics exam under the name of a student he tutored privately called Samaresh Mukherjee. 

Gupta’s ruse was discovered, he was soon arrested, and in December that year sentenced by a magistrate to six months hard labour.

An Open Letter: Why Indian Male 'Masturbate' In Public?

By Sarah Williams
A FOREIGNER'S VERSION: A few days ago I was sitting in a bus stop in Mumbai, India. The local guy that I had paid no particular attention to moved closer. From the corner of my eye, to my horror, I realised that he had pulled out his penis and was masturbating, staring intently at me. I felt sick.

As much as I hate to admit it, this isn’t the first time it’s happened to me. In fact, chances are, if you’ve ever been to India, you’ll have bumped into at least one traveller who has experienced this sort of behaviour, or heard of someone else who it has happened to. I’ve spent countless hours with other travellers picking apart why men do it; why they seem to think it’s okay, why dignity seems to disappear when there’s foreign female flesh on show.

Special Report: UAE Businessman To Spend 5000 Crore In Charity For Educating Underprivileged Students

By S A Mannan in Dubai
It's commendable effort by a UAE businessman to support the education for underprivileged students in gulf, India, Pakistan and Bangladesh. 

Calling education the “cornerstone of prosperous, progressive and inclusive societies”, Al Ghurair, a UAE businessman announced the largest privately funded philanthropic education initiative.

High performing students forced to drop out of higher education due to financial constraints have been given new hope. As one of the country’s leading businessmen, Abdullah Al Ghurair, has pledged one-third of his assets to education empowerment, with many hailing the move as a “brave decision” that others should follow.Initially, 15,000 underprivi-leged Emirati and Arab students will benefit from the Abdullah Al Ghurair Education Foundation, which aims to pledge Dh4.2 bil-lion in its first 10 years.

Tuesday, July 07, 2015

The Most Dangerous 'Vyapam Scam': Is CM Chouhan's Sudden Request For CBI Probe Is A Stunt?

By Sunder Singh in Bhopal
Is Madhya Pradesh chief minister Shivraj Chouhan’s plan to request the High Court to order a CBI probe into the Vyapam scam a tactical retreat or plain capitulation?

Madhya Pradesh government filed a request with the Madhya Pradesh High Court Jablpur for a CBI inquiry into the Vyapam. The state advocate general P Kaurav said "Yes we have filed a request in the court of the Chief Justice, AM Khanwilkar, for the CBI probe into the alleged Vyapam scam. The HC might hear our plea tomorrow."

This was just a couple of hours after Chief Minister Shivraj Singh Chouhan made the announcement bowing to the mounting public pressure.

'Terror Outfits Recruiting Youth In Indian Border Villages'

By Altaf Alam in Srinagar
Days after fresh recruits of terror outfit Hizb-ul-Mujahideen posted a group photo on social media platform, the intelligence agencies have warned that at least 14 LeT and 5 Jaish-e-Mohammed (JeM) terrorists have infiltrated into J&K and are preying upon naive youth from villages situated in bordering districts.

LeT runs recruitment and training centres in Muzaffarabad, Lahore, Peshawar, Islamabad, Rawalpindi, Karachi, Multan and Quetta. JeM is running two terror training camps for recruits in Pakistan-occupied Kashmir. Top sources said JeM group is led by Gazali, a battle hardened terrorist from Pakistan, who is believed to be operating in Awantipora.

World 'Chocolate' Day: Celebrate With 'Indian Flavours'

By M H Ahssan
Group Editor in Chief
International Chocolate Day is being celebrated on July 7, 2015 – our research leads us to believe that this is the true, definitive, purist ‘Chocolate Day‘, so celebrate with some of the high cocoa, rich, dark chocolate that makes you go tingly inside… Or failing that, stock up on chocolate biscuits, ice-cream and enjoy a day of secret treats and indulgence… 

Chocolate is celebration. Chocolate is pure pleasure. Chocolate is what you need when you want the world to look up. Chocolate has the ability to say it all, without saying it. And if you think that's going overboard, chocolate is now seen as the ultimate feel-good bar of serotonin you can have.