ICICI Venture, India’s largest private equity firm, has run into difficulties in securing commitments from some key investors for the $841-million India Advantage Fund Series 2. The investors have said they were not informed about recent changes in the company’s management and have, therefore, triggered a clause in their agreement allowing them to hold back […]
China: A leaking dam?
Chinese information activists have been testing and collecting information about the government sponsored filter software, “Green Dam Youth Escort” via blog posts, twitter (search #greendam) and collaborative platforms since the WSJ’s news about Beijing government required PC makers to install filter software for all the PCs shipped to China from July 1 2009 onward popped […]
Empowering grassroots
Conflict among the Upazilla (sub-district) Council Chairmen (UCC) and the Members of Parliament (MP) is a much talked about issue in Bangladesh now. It was expected that government and the lawmakers will ensure the rights of local governments as per the direction of Constitution. But is has been observed that neither the government nor the […]
Further pay hike for PSU officers!
About 4 lakh officers of central public sector enterprises will benefit from a government decision giving them a further increase in salary and allowances, over and above the hikes announced last year. The improved pay packages includes increase in house rent allowance and retirement benefits. The decision to improve the salary structure of […]
New government in Iceland
The political parties has finished their talks and will announce today formally the birth of an new government which consist of the Social Democratic party (S) and the Left-Green movement (VG) but will be backed up by the Progressive party and Liberal party. The birth will be formally announced 4 PM GMT at Hótel Borg, […]
Blair, Bush gone, is it now time for Mugabe to go?
I heaved a sigh of relief as George Bush stepped down and Barack Obama was sworn in as the President of the United States. I had nothing against Bush. As an African I was celebrating the inauguration of Obama but that was not the reason for my relief. Bush’s departure was the fulfilment […]
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