Arup's Feed
Jan 13, 2012

India government backs case against internet giants

NEW DELHI (Reuters) – The Indian government on Friday threw its weight behind a case against internet giants including Google and Facebook, who are embroiled in a battle over offensive content after a judge warned websites may be blocked “like in China.”

The case, which has stoked worries about freedom of speech in the world’s largest democracy, was brought by a private petitioner seeking to remove images considered offensive to Hindus, Muslims and Christians from websites.

Jan 13, 2012

India govt backs case against internet giants

NEW DELHI, Jan 13 (Reuters) – The Indian government
on Friday threw its weight behind a case against internet giants
including Google and Facebook, who are embroiled in a battle
over offensive content after a judge warned websites may be
blocked “like in China”.

The case, which has stoked worries about freedom of speech
in the world’s largest democracy, was brought by a private
petitioner seeking to remove images considered offensive to
Hindus, Muslims and Christians from websites.

Jan 13, 2012

Delhi High Court warns Web giants about China-style controls

NEW DELHI (Reuters) – Internet giants including Google and Facebook are embroiled in a growing battle in India over offensive content with a judge warning websites may be blocked “like in China”, stoking worries about freedom of speech in the world’s largest democracy.

The Delhi High Court resumes a hearing on Monday of an appeal by Google (GOOG.O: Quote, Profile, Research), Facebook and others against a lower court case by a private petitioner seeking to remove images considered offensive to Hindus, Muslims and Christians from websites.

Jan 13, 2012

India court warns Web giants about China-style controls

NEW DELHI (Reuters) – Internet giants including Google and Facebook are embroiled in a growing battle in India over offensive content with a judge warning websites may be blocked “like in China,” stoking worries about freedom of speech in the world’s largest democracy.

The Delhi High Court resumes a hearing on Monday of an appeal by Google, Facebook and others against a lower court case by a private petitioner seeking to remove images considered offensive to Hindus, Muslims and Christians from websites.

Nov 28, 2011

Icahn plans Commercial Metals buy; investors skeptical

By Arup Roychoudhury

(Reuters) – Carl Icahn offered to buy out Commercial Metals Co (CMC.N: Quote, Profile, Research) in a deal that values the metals recycler at $1.73 billion, but investors remained skeptical over the billionaire investor’s poor track record in closing acquisitions this year.

The offer of $15 a share from Icahn Enterprises LP (IEP.N: Quote, Profile, Research) represents a premium of 31 percent to Commercial Metal’s Friday close. The stock was trading more than $1 short of the bid price.

Nov 28, 2011

Icahn offers to buy Commercial Metals for $1.73 billion

By Arup Roychoudhury

(Reuters) – Carl Icahn offered to buy out Commercial Metals Co (CMC.N: Quote, Profile, Research, Stock Buzz) in a deal that values the metals recycler at $1.73 billion, but investors remained skeptical over the billionaire investor’s poor track record in closing acquisitions this year.

The offer of $15 a share from Icahn Enterprises LP (IEP.N: Quote, Profile, Research, Stock Buzz) represents a premium of 31 percent to Commercial Metal’s Friday close. The stock was trading more than $1 short of the bid price.

Nov 14, 2011
via India Insight

Kingfisher situation an example of India’s free market/welfare state identity crisis

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Bailout. A term which till recently was alien to India.

It was something the West did, to save their big financial institutions which had grown too big too fast and had squandered their cash positions while betting on complex instruments that even they did not fully understand.

India, and largely Asia, was rather different. We were the growth engines of the world. The Asian giants would prevent the global meltdown from getting worse and would reverse it eventually, or so went the perception.

Nov 9, 2011
via India Insight

Allies fretting over issues a warning sign for Congress

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The past few days have been quite busy for the government. As yet another spiritual leader started yet another “movement” against corruption in the government and bureaucracy, Prime Minister Manmohan Singh was at the chic French seaside resort of Cannes, holding discussions with heads of state of the G20 nations on how to deal with the crisis in Greece.

Back home, another petrol price hike left the general public seething as the main opposition  Bharatiya Janata Party went on the offensive yet again. Singh put up a firm stand when he said that the country should move more in the direction of deregulation. It was a situation he has found himself in regularly during his second term, that of political versus economic compulsions.

Oct 19, 2011
via India Insight

Mayawati’s memorials a waste of money?

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As chief minister of India’s most populous state and the country’s most influential dalit leader, Mayawati is used to getting her way. The memorials she has built around Uttar Pradesh are a testament to that.

The latest one is the “Rashtriya Dalit Smarak” (literally translated as National Dalit Memorial) in Noida, just across the river from the capital New Delhi.

Oct 5, 2011

In India, Karzai reaches out to “brother” Pakistan

NEW DELHI (Reuters) – Afghanistan President Hamid Karzai reached out to “twin brother” Pakistan on Wednesday in an effort to reassure an increasingly isolated neighbor that a deal to boost economic and security cooperation with rival India will not harm ties.

Islamabad has alienated both the Washington and Kabul governments over its suspected links with militant groups in Afghanistan and an agreement signed between Afghanistan and India on Tuesday appears to have further isolated Pakistan.

    • About Arup

      "I cover India's economic policies, and the people behind them, out of New Delhi. I also write on defence matters affecting the world's largest arms importer and contribute to the political and general file. I started my career with the Reuters Bangalore bureau in 2008."
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