Archive for ‘India alert’

17/01/2015

IAF gets first light combat aircraft – The Hindu

Thirty—two years after the project was sanctioned, the first indigenously—built Tejas Light Combat Aircraft (LCA) was handed over by Defence Minister Manohar Parrikar to the IAF on Saturday, a red letter day for the Indian defence and aerospace sector.

A file photo of the Light Combat Aircraft 'Tejas' at the Yelahanka Air Base in Bengaluru.

The handover signals the start of a process of induction of the fighters being built at home under a project which has already cost the exchequer nearly Rs. 8,000 crore.

The entire project by the DRDO and Hindustan Aeronautics Limited is estimated to cost over Rs. 30,000 crore.

The aircraft that has been handed over has got Initial Operational Clearance—II, which signifies that Tejas is airworthy in different conditions, sources said. The Final Operational Clearance (FOC) is expected by the year—end.

This version of the aircraft lacks the latest electronic warfare suite, which was integrated into one of the LCAs two weeks ago, mid—air refuelling and long—range missiles capabilities, among other things that the FOC—configuration aircraft will have.

The IOC—I was granted to the aircraft, being built by state—owned Hindustan Aeronautics Limited (HAL), in January 2011.

via IAF gets first light combat aircraft – The Hindu.

15/01/2015

India’s Courts Resist Reform; Backlog at 31.4 Million Cases – Businessweek

Puneet Mittal, trim and sharply dressed, walks into the lobby of his law office in affluent South Delhi, a smartphone pressed to his ear. He turns to a recently hired associate, Bhavesh Verma. “We’re leaving at 9:30. And I don’t want to waste time.” But through no fault of his own, that’s just what Mittal’s going to do.

India’s Supreme Court

He is making his daily plunge into India’s court system, a maze of delays and procedures that puts even the most basic justice out of reach for millions. At the end of 2013, there were 31,367,915 open cases working their way through the system, from the lowest chambers to the Supreme Court. If the nation’s judges attacked their backlog nonstop—with no breaks for eating or sleeping—and closed 100 cases every hour, it would take more than 35 years to catch up, according to Bloomberg Businessweek calculations. India had only 15.5 judges for every million people in 2013, then-Prime Minister Manmohan Singh said at the time. The U.S. has more than 100 judges for every million.

Beneath a top layer of established attorneys such as Mittal, the courts are plagued by “goondas in black,” a phrase that pairs the Hindi word for “goons” with a sly reference to the black suit jackets lawyers wear in court. To keep collecting fees, these lawyers demand one hearing after another, with no intention of seeking a resolution for their clients, says Alok Prasanna Kumar, senior resident fellow at the Vidhi Centre for Legal Policy, which advocates for a more efficient system. Or, he says, they resort to extortion to make up for a lack of income. A “significant number” of the lawyers, especially outside the capital, have practices that don’t sustain them. That leads them to clog the system with pointless litigation: “The bar in India is in a very bad shape,” Kumar says.

In 2013 there were 31,367,915 open cases in India, from the lowest courts to the Supreme Court

Even the best attorneys can have low-stakes lawsuits last a decade or more. New Delhi lawyer Murari Tiwari describes one 20-year property dispute: His original client has died, as has one of his sons. While the case crawls through the courts, Tiwari says, the two families in litigation, one including an auto-rickshaw driver and the other a retired policeman, live on opposite sides of the same building in an icy détente.

via India’s Courts Resist Reform; Backlog at 31.4 Million Cases – Businessweek.

12/01/2015

India’s industrial output likely recovers as Modi pushes reforms | Reuters

Indian industrial output probably made a tepid recovery late last year due to weak demand at home and abroad, underscoring the challenges faced in 2015 by Prime Minister Narendra Modi as woos global investors this week.

Employees work on an assembly line of Hero Motocorp during a media tour to the newly opened plant in Neemrana, in the desert Indian state of Rajasthan, October 20, 2014. REUTERS/Anindito Mukherjee

To accelerate the recovery in Asia’s third largest economy from its longest slowdown since the 1980s, Modi has pushed through a raft of economic reforms, mostly by executive orders.

But global headwinds, lukewarm domestic demand and unused industrial capacity mean capital investment has not picked up and the economy remains way below potential.

Retail inflation – still a major issue for Asia’s third largest economy though it fell to an all time low in November – probably rose sharply in December fueled by higher food prices.

via India’s industrial output likely recovers as Modi pushes reforms | Reuters.

31/12/2014

Religion in India bubbles over into politics – Businessweek

In small-town northern India, Muslims are offered food and money to convert to Hinduism. If that doesn’t suffice, they say they’re threatened. Across the country, the Christmas holiday is canceled for hundreds of government servants who spend the day publicly extolling the policies of Prime Minister Narendra Modi. Powerful Hindu nationalist leaders — some with close ties to Modi’s government — say they intend to ensure India becomes a completely Hindu nation.

But Modi himself? He has remained silent as nationalist demands have bubbled over into day-to-day politics, and amid growing fears among minority religious groups of creeping efforts to shunt them aside.

“We told him we feel insecure and fearful,” said the Rev. Dominic Emmanuel, a Roman Catholic priest who was in a delegation of religious leaders who met a few days ago with Modi. “We told him, ‘If there were just two words from your side, prime minister, we would feel so much better.'”

via Religion in India bubbles over into politics – Businessweek.

18/12/2014

Birla Said to Plan $1 Billion Aluminum Exports: Corporate India – Businessweek

Hindalco Industries Ltd. (HNDL), owned by Indian billionaire Kumar Mangalam Birla, is targeting a record $1 billion of aluminum exports by March 31 buoyed by rising U.S. and European demand, people with knowledge of the matter said.

Overseas shipments may triple to as much as 400,000 metric tons in the 12 months ending March 31 from the previous year, said two people, who asked not to be identified because they aren’t authorized to speak to the media. The Mumbai-based company had exported less than half the target as of the middle of last month, the people said.

Stricter emission norms in the U.S. and Europe are prompting vehicle makers to choose the lighter alloy over steel, helping the owner of the world’s largest supplier of aluminum sheets to carmakers boost overseas sales and counter a domestic slowdown. The additional demand will aid Hindalco revive profit growth after five straight quarters of decline and find a market for its new capacity.

via Birla Said to Plan $1 Billion Aluminum Exports: Corporate India – Businessweek.

18/12/2014

India Power Lines to Get $1.2 Billion German Revamp With KfW – Businessweek

German state-owned bank KfW Group will spend 1 billion euros ($1.2 billion) to refurbish India’s electricity network for carrying more renewable energy from sources such as solar and wind.

KfW agreed to loan Power Grid Corp of India Ltd. 500 million euros to build new power lines and signed deals with India’s government for two loans totaling 125 million euros for grid projects in Rajasthan and Tamil Nadu, it said today in an e-mailed statement. The deals are part of a support package of 1 billion euros, it said.

“Demand for power in India is rising unremittingly,” said Norbert Kloppenburg, a KfW board member. “The expansion of transmission is the task of the moment because of the great potential of renewable energies.”

via India Power Lines to Get $1.2 Billion German Revamp With KfW – Businessweek.

18/12/2014

India’s tech opportunity: Transforming work, empowering people | McKinsey & Company

Millions of Indians hope for a better future, with well-paying jobs and a decent standard of living. To meet these aspirations, the country needs broad-based economic growth and more effective public services. Technology can play an important role in enabling the growth India needs. The spread of digital technologies, as well as advances in energy and genomics, can raise the productivity of business and agriculture, redefine how services such as healthcare and education are delivered, and contribute to higher living standards for millions of Indians by raising education levels and improving healthcare outcomes.

India’s tech opportunity: Transforming work, empowering people

Empowering technologies in India

McKinsey’s Noshir Kaka and Anu Madgavkar discuss how India could transform its economy by employing 12 technologies.

A dozen empowering technologies

A new McKinsey Global Institute (MGI) report identifies a dozen technologies, ranging from the mobile Internet to cloud computing to advanced genomics, which could have a combined economic impact of $550 billion to $1 trillion a year in 2025. The selection of the 12 technologies for India was based on a similar process established by MGI’s earlier work on disruptive technologies.1 For India, we used additional criteria to identify the technologies that would have a direct impact on the country’s economic and social challenges in the coming decade. As a result, we include technologies such as electronic payments, which are well established in other parts of the world but not well developed in India. By 2025, however, electronic payments could help 300 million Indians join the country’s financial system.

We group the 12 technologies into three areas: digitizing life and work, smart physical systems, and energy technologies:

digitizing life and work—the mobile Internet, the cloud, the automation of knowledge work, digital payments, and verifiable digital identity

smart physical systems—the Internet of Things, intelligent transportation and distribution systems, advanced geographic information systems (GIS), and next-generation genomics

energy—unconventional oil and gas (horizontal drilling and hydraulic fracturing), renewable energy, and advanced energy storage

Each of these technologies has the potential for rapid adoption in India between now and 2025 (exhibit) …

via India’s tech opportunity: Transforming work, empowering people | McKinsey & Company.

16/12/2014

India’s Senseless Ban on Uber: Rape Is the Real Problem – Businessweek

The alleged rape of an Uber passenger by her driver in New Delhi on Friday and his arrest over the weekend is another sad chapter in India’s ongoing battle with violence against women. While official statistics suggest the country witnessed 25,000 rapes in 2012, survey evidence suggests numbers perhaps 10 times as high.

Police escorting the hooded Uber driver following his court appearance on rape charges

The government’s response to the incident was to immediately ban Uber operations in Delhi. Alhough this might offer a welcome sign of political commitment to tackle violence, it doesn’t make sense. The police in India have been accused of multiple rapes, and tourists have been raped on a train and in a traditional Delhi taxi this year; the government has not shut down the police force, the railways, and traditional taxi services. It has singled out Uber, perhaps more because it is a high-profile, politically weak service than because of any risks riders may face.

In fact, there are good reasons to think Uber can provide a safer experience than India’s traditional transportation options do. Unlike the vast majority of rape cases in the country, the alleged perpetrator in the Uber case was arrested within hours of the incident. That’s not a surprise: Uber’s procedures guaranteed that there was considerable information available on the suspect. The company provided police with the name, age, and photo of the driver, along with his bank verified address, car details, and trip and route data. That’s a much higher level of knowledge than passengers have when they hail a cab off the street.

via India’s Senseless Ban on Uber: Rape Is the Real Problem – Businessweek.

16/12/2014

Logistics Hold India’s E-Commerce Companies Back – Businessweek

Laxminarayan Krishnamurthy figured a Samsung (005930:KS) Galaxy Core 2 smartphone would make a perfect gift for his wife. So he ordered one from New Delhi-based e-retailer Snapdeal.com. When the package arrived, it contained a brick and a bar of soap but no phone. When he contacted the company, Krishnamurthy was told the phone was stolen by unscrupulous middlemen transporting the package. So he took his complaints to Facebook (FB).

Logistics Are Holding India’s E-Commerce Companies Back

“Had ordered a samsung mobile through snapdeal and we got a soap bar!!!” Krishnamurthy wrote. “The worst customer service ever received!!! Beware of snapdeal guys!!”

Anjana Swaminathan, a Snapdeal spokeswoman, didn’t respond to a request for comment.

via Logistics Hold India’s E-Commerce Companies Back – Businessweek.

15/12/2014

China Breaks India Monopoly on Nepal Economy as Investment Grows – Businessweek

In the dusty outskirts of Kathmandu, south of the Himalayan mountain range that holds the world’s highest peaks, Chinese engineers in orange hard hats oversee construction of Nepal’s first eight-lane highway.

Highway Construction

The $45 million upgrade of a road circling the Nepalese capital is one of dozens of projects helping China challenge India’s dominance in a country that is sandwiched between them. Until recently, the Himalayas served as a natural barrier that prompted Nepal to trade more across its flat border with India.

“China is growing in importance,” Ram Sharan Mahat, Nepal’s Finance Minister, said in a Dec. 4 interview in Kathmandu. “Because of new trade horizons and the cheap pricing of Chinese goods, Chinese trade vis-a-vis Nepal is growing.”

via China Breaks India Monopoly on Nepal Economy as Investment Grows – Businessweek.

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