Page 3 - Somasekhar Sundaresan

Somasekhar Sundaresan: Execution will be key to success

It is odd to have a cap on tax rates as a feature of the Constitution, as demanded by the Congress on GST

Somasekhar Sundaresan: An idea whose time has come

Abolishing the FIPB is overdue. The project needs serious attention to detail but must be handled on a war footing

Somasekhar Sundaresan: Trai has to be more than intuitive

In its effort to penalise telecom service providers for call drops but capping the compensation, Trai resorted to guesswork. A regulator that seeks transparency in the voluntary conduct of those it re

Courts need business process reform

It is time to create a focused corporate body to provide infrastructure support to the judiciary

Somasekhar Sundaresan: Innovator today, violator tomorrow

Uber was growing under the nose of state agencies - in markets across the globe - without being under a regulated regime. What perhaps turned the tide against Uber was the plight of the consumer

Somasekhar Sundaresan: Setting the cat among the pigeons

The irony in a short judgment of the Supreme Court on the Sebi Act of 1992 is that its observations have come in a case where the court actually lowered the penalty originally imposed by Sebi. Both Se

It need not take a crisis to initiate structural reforms

There is so much that can be cleaned up in the area of regulatory accountability and objectivity without having to go to Parliament

Misaligned policy incentives in cleaning arbitration

The Arbitration and Conciliation (Amendment) Ordinance, 2015, got promulgated in October. However, there is a risk that the adoption of intuition, rather than empirical assessment, might result in the

A problem to solve a problem

The tax regime in India is unjustifiably slanted against public shareholders

A material mistake by Sebi

Newly coded listing regulations make disclosure of acquisition by a listed company mandatory

Acche din need greater legislative capacity

In the initial months the government took the easy way out, promulgating ordinances to address its reform agenda, but has faltered in getting the ordinances actually passed by Parliament

Iran is the new horizon for India

India could well be the regional headquarters for multinationals entering Iran if it strikes good bargains with good treaties on investment protection and tax avoidance

A questionable anti-corruption system

Outsiders cannot be insiders

Insider trading regulations are all about prohibiting someone with asymmetrical access to inside information

Wake up call for justice delivery

Based on data computed as of June last year, India ranks ahead of only of Timor-Leste, Bangladesh and Angola

How constitutional are Sebi directions?

SC's rationale on validity of IT Act holds immense significance for the financial sector

Three approaches to budget-making

The law governing manufacturing is replete with obsolescence on multiple counts

What to learn and unlearn from the US

Prior public consultations when making regulations should be a critical feature

Three areas of regulatory attention for 2015

The process of selecting and appointing personnel to run the regulatory agencies is the weakest link in the system

De-listing 'reform' will nudge more fraud

Sebi's propensity to legislate against every problem, real or perceived, makes life difficult for all