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letters: Painful recovery
That Tata Motors has cut the losses in Jaguar and Land Rover may be good news for Ratan Tata, who has been under fire for buying the luxury car company. Critics had said it was personal hubris rather than good business strategy that had dictated this purchase and it did seem so far that they were right.

Asian Paints Q3 net surges over threefold to Rs 212 cr
Paint manufacturer Asian Paints today said its consolidated net profit surged over threefold to Rs 211.84 crore for the third quarter ended December 31, over the same period last fiscal.

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Govt may miss GST deadline: FM
The government might miss the April 1 deadline for rolling out the much-anticipated goods and services tax (GST), Finance Minister Pranab Mukherjee indicated today.
Corporate

BSES Commercial users are not consumers : National Commission

The National Consumer Commission has held that commercial users cannot move against service providers for any deficiency in service under the Consumer Protection Act. - Tainted judges can"t be appointed to consumer fora: Apex Court The Commission held that commercial activities like bars and restaurants cannot be termed as consumers and they cannot approach the consumer court for redressal of their grievances. It said they can approach alternative forums like courts. The apex consumer body passed the order on a plea of private discom BSES Rajdhani Power which was directed by the State Consumer Commission to pay Rs 50,000 to Saraf Project (SPPL), a resto-bar, for allegedly giving inflated electricity bill. The Commission set aside the order of the State Commission and pulled it up for passing such an order. "Complainant is a person who is availing the services of BSES for commercial purposes and therefore falls outside the purview of the consumers," the Commission comprising members Justice R C Jain and Anupam Dasgupta said. However, it does not mean that the company will be left remediless as they can approach any other appropriate forum, authority or court, the Commission added. The Commission held that the company does not come under the ambit of definition of "consumer" and the complaint filed by it should not have been entertained by the Delhi Consumer Commission. "A bare reading of the definition of consumer should not leave doubt of any kind that any person who hires or avail the services for any commercial purpose is not a consumer and therefore will not be covered under the definition of complainant," the Commission said. Earlier, the private discom submitted the complaint "being false, frivolous and devoid of any merit" was filed with malafide intentions and said the company was not a "consumer" as it has obtained the electric connection for commercial purposes.


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