Aberdeen launches legal challenge to tax demand 04 May 2015

MUMBAI - Aberdeen Asset Management has filed a legal challenge against a tax claim in India, the latest twist in a dispute between foreign fund management groups and the government over retrospective taxes.

A General Motors logo is seen on a Denali vehicle for sale at the GM dealership in Carlsbad, California January 4, 2012. REUTERS/Mike Blake/Files

GM set to storm India as Korea costs climb

General Motors aims to grab at least 5 percent market share in India within the next decade, as it sees that market overtaking Japan as the world's third biggest with projected annual sales of 8 million vehicles by 2025. The carmaker will unleash a product blitz aimed at reviving sagging sales, and will make India a new global manufacturing and export hub.  Full Article 

John Chambers speaks in a panel discussion during the 2015 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 7, 2015. REUTERS/Steve Marcus/Files

Cisco's Chambers to step down as CEO

Cisco Systems says CEO John Chambers would step down after 20 years at the helm to become executive chairman, and company veteran Chuck Robbins would become CEO.  Full Article 

A photo of Avijit Roy taken from his Facebook profile page.

U.S. says cannot confirm who killed Avijit Roy

The United States is not able to confirm a claim by al Qaeda in the Indian Subcontinent (AQIS) that the group killed a blogger who was also a U.S. citizen in Bangladesh in February, a U.S. official said on Monday.  Full Article 

Migrants sit in their boat during a rescue operation by Italian navy ship Vega (unseen) off the coast of Sicily, in this handout picture courtesy of the Italian Marina Militare (Marine Military) released on May 4, 2015. REUTERS/Marina Militare/Handout via Reuters
Migration

7,000 migrants rescued, baby born on Italy ship

Around 7,000 migrants were rescued from overcrowded boats crossing the Mediterranean to Europe over the weekend and on Monday, including a woman who gave birth to a baby girl on an Italian navy ship, the coast guard said.  Full Article | Video 

A staff member stands next to a display screen during a joint news conference by Reliance Communications Ltd and Facebook Inc in Mumbai February 10, 2015. REUTERS/Shailesh Andrade/Files

Facebook opens Internet.org to developers

Facebook Inc opened up its Internet.org platform to new websites and applications from developers on Monday. However, the decision drew criticism from some online activists in India who expressed concern over Facebook's control over all data accessed on the service.  Read 

A model presents a creation of the Chanel Cruise Collection 2015/16 at the Dongdaemun Design Plaza in Seoul, May 4, 2015. REUTERS/Thomas Peter
Fashion

Chanel looks to S. Korean style for cruise line

French fashion house Chanel looked to traditional South Korean dress for its 2015/2016 cruise collection, unveiling a colourful inter-seasonal line at a catwalk show in Seoul on Monday. The show was the first the brand had staged in South Korea.  Full Article | Video 

Latest Headlines

Meet Mangla Charan Mishra, ‘Friend of the Dead’

Meet Mangla Charan Mishra, ‘Friend of the Dead’

Mangla Charan Mishra, “god-fearing” Brahmin who lives in one of the country’s most rural districts, says the “Brahma” (formless God) lives in every individual, and they have the right to be taken to the gates of heaven once they die. Mishra, 31, and his 10 volunteers have cremated 850 unclaimed bodies, and is known in Pratapgarh as the “Friend of the Dead”.  Full Article 

India Insight

How Delhi’s shoeshine boys learn to read and write

How Delhi’s shoeshine boys learn to read and write

It’s 8:30 am and office workers are streaming out of the Delhi Metro’s Gate No. 5 on Barakhamba Road. Nearby, five shoeshine boys holding pencils and notebooks crowd around Firdoz Khan. She has been teaching street kids how to read and write for the past six months with help from her friend Shekhar Jain, a college teacher who provides the funds.  Full Article 

Book Talk

Amish Tripathi on his book "Scion of Ikshvaku"

Amish Tripathi on his book "Scion of Ikshvaku"

The gods must be pleased with Amish Tripathi. After all, the author’s first three books on Shiva, the Hindu god of destruction, have sold more than 2.2 million copies and made him a household name in India. Tripathi spoke to India Insight about his latest book, the state of censorship in India, Ram and sexism, and more.  Interview 

Healthcare

The key to reforming healthcare in India

The key to reforming healthcare in India

Health economist Kenneth E. Thorpe, who is advising the government on developing a policy to deal with the country’s chronic disease problem, shared his thoughts on how India can reform its healthcare delivery system, the need to replicate successful models of primary health centres to cover the entire country, and why the method of payments for health services needs to be changed.   Interview 

Tarun Balram

Japanese funding can drive India’s growth

While Japanese corporates have been investing in India for years, their role as project financiers is set to grow in the future. India’s gigantic infrastructure requirements can only be fulfilled if the country draws overseas funding, and a major portion of this could come from Japan. Japanese institutional investors, on their part, are increasingly looking abroad for higher returns to fund.  Full Article 

Members of the Southern Resistance Committees man a tank during clashes with Houthi fighters in Yemen’s southern city of Aden, April 23, 2015. REUTERS/Stringer

The world looks like it’s getting worse. Here’s why it’s not.

The world may feel like it’s about to explode. Death ships on the Mediterranean. Cyberattacks in America. Syria in turmoil. War in Yemen. Islamic State, Boko Haram, al Shabaab - all on the move. If the world seems more volatile, it is. If it seems more dangerous, not so much. Welcome to the war of perceptions, in which the planet seems ever more at risk because of the noise.  Read 

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