Mumbai: The Great Skywalk Rip-off
Last month when the deputy chairperson of Maharashtra Legislative Council Vasant Davkhare alleged large-scale corruption in the construction of skywalks, everyone was stunned. The government, as usual, assured an investigation into the charges.

Skywalks or the foot over bridge are an effort to give the pedestrian much needed space to walk as more and more footpaths were disappearing...

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  • State of Accounts

    The government is expected to announce the Indian Government Accounting Standard (IGAS) which is likely to become mandatory from FY2010-2011. The IGAS is based on the International Public Sector Accounting Standards (IPSAS) issued by IPSAS Board which specifies the international framework for government accounting. Indian government departments do not use uniform accounting norms, like Indian...

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  • All That Glitters
    Mehul Choksi, chairman, Gitanjali group seems to be getting into too many things at the same time. Starting from selling diamond jewellery to branded international jewellery to setting up special economic zones (SEZs),

    Mr Choksi is now eying high-end, luxury jewellery and mobile retail stores, thanks to the decline in rentals in most metros in India.

    In June, the government cleared...

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