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Best of BS Opinion: India s strategic choices, power problems, and more

Best of BS Opinion: India s strategic choices, power problems, and more
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Best of BS Opinion: Related party risks, a new green wave of growth & more

The controversy over Bharat Biotech’s Covaxin deal with the Brazilian government centres on, among other things, payments to offshore “marketing agency”. Though the deal came to nothing, the practice of promoters routing related-party transactions through offshore shell companies can hardly be construed as good corporate governance. Though tax laws may close such loopholes, the responsibility lies with corporate boards to monitor such transactions, the top edit argues here In other views: R Jagannathan explains why the old assumptions on which Indian governments base tax policy should be done away with. Read it here The second edit says the stock-holding limits on pulses will affect the government’s reform credentials. Read it here

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