Troubles With Law in 2013
A
s we wind up the year we have seen corporate high ups like Anil Ambani, Sunil Bharti Mittal and business houses such as Tata
came under intense judicial scanner for scam related cases in
the year of 2013 with Subrata Roy Sahara thus facing the toughest time in the Supreme Court which restrained him from leaving India. The year has also seen several multinational giants like Finish mobile maker Nokia rushing to the high court in a high stake tax dispute while Vedanta Group, Korean steel major Posco and Swiss pharma firm Novartis were engaged in Supreme Court on issues which ranged from industrial pollution, licences to patent.
In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later. Harold S. Geneen
Apple Inc
I
t seems as if Apple Inc and Carl Icahn are heading for a showdown as the iconic creator of iPhone and iPad urge its shareholder to vote against the investor activist's proposal
for committing at least $50 billion worth of share buyback. The proposal which was made by the High River Limited Partnership and Icahn partners will be put to vote at the company's annual shareholder meeting which has been scheduled for February 28th 2014. Upon recommending voting against the proposal, Apple's board along with the management team have said that they are thoughtfully considering options for returning the additional cash to the shareholders and are currently seeking input from shareholders as part of the company's regular review.
January 2014 UNIQUE TIMES 11