Business Confidential: Central bankers have become new super heroes: Anshu Jain

IAS OFFICERS: NO COMMENTS PLEASE

The reluctance of Indian Administration Services (IAS) officers in being seen and quoted in the press is well known but an IAS officer, who heads a public sector company, says that the reluctance to being seen in media is taught as part of their on-job training. His senior, who was a district collector, told him to be friends with media but to neither stay too close nor too far to remain a successful bureaucrat.

WHO WANTS TO PROBE WALMART?

Though the Cabinet on Thursday cleared the proposal to set up a one-man committee to probe into the lobbying charges against Walmart, the government has still not announced the name of the chairperson. What has aroused curiosity is the fact that the corporate affairs ministry, tasked with selection of the chairperson, did propose Mukul Mudgal, retired chief justice of the Punjab and Haryana high court for the job. Interestingly, the Cabinet proposal sent to the secretariat by the ministry was without any name.

Central bankers have become new super heroes: Anshu Jain

Davos: Anshu Jain said the world has become over-reliant on central bankers and it is time leaders and industrialists do their bit to improve the monetary situation. "Central bankers have become the new super heroes. But in some time we need to take the burden away from them and leaders need to share the burden," co-chairman of Deutsche Bank Jain said.

World is changing, everyone is getting connected: Ambani

Davos: RIL chief Mukesh Ambani has expressed RIL's commitment to WEF network of young achievers —Global Shapers Community. "As the world is changing, when we were born none of us was connected and in the next 20 years all seven billion would be connected.... We at Reliance are very excited to support this commitment," Ambani said at the WEF annual meet.

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