Ratan Tata frustrated over “bureaucratic delays”, says US media report

Ratan Tata, the chairman of $67 billion business conglomerate, is frustrated as he has not been able to expand his business in India the way he wished. And who’s to blame for that? According to a detailed interview-based article published in world’s largest circulated business daily, The Wall Street Journal on April 13, the 73-year-old Tata said bureaucratic delays, arbitrary regulatory decisions and widespread corruption prevented his domestic ambitions in sectors such as steel, power, aviation and telecommunications. These are some of the sectors where government’s regulatory mechanism is very high.

Tata’s words are taken seriously by investors abroad as his group has presence in many key markets around the world. After all, he is the owner of many foreign assets including Jaguar cars, the Pierre Hotel in New York and Tetley tea among others.

View bureaucrats’ assets on May 31, 2011

It’s now official. All immovable property details submitted by members of all Group A services including IAS, IPS, IRS etc. will be made public by the respective cadre controlling authorities by May 31, 2011. The date was given in a DoPT circular. In an earlier circular, it was made clear that those bureaucrats who fail to file their property returns would not be considered for promotion.

Residential complex in Greater Noida for soldiers

The Indian Army has will create a residential complex for its soldiers at Greater Noida near Delhi for which the foundation stone was laid by the Chief of Army Staff, General VK Singh on Wednesday.