Sandeep Muthangi of Indian brokerage IIFL Capital says the draft provisions could increase wage costs for Indian companies by 12-15 percent and bring profit margins down by a full percentage point.
The Northern Ireland Affairs Committee (at 2pm) takes a look at the Draft Northern Ireland (Miscellaneous Provisions) Bill - a fine-tuning measure intended to deal with various issues concerning the operation of devolution in Northern Ireland.
That bill saw much of the same opposition that SOPA, and eventually saw some its most controversial provisions watered down in the final draft.
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The proposed law's provisions (to judge from the draft released on March 8th) range from general statements of principle to specific clarifications of certain grey areas.
Some provisions of the bill changed from a draft the senators circulated a month ago.
If they are even passed the sanctions outlined in the draft resolution include little in the way of binding provisions.
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At the same time, however, the Nikkei (optimistically, we must think) urges that the delay be taken as an opportunity to write into the final proposal some essential provisions that were nuanced or avoided in the draft.
But under the new provisions all national parliaments must be notified independently of all draft laws, and given six weeks to respond.
Negotiating States underlined that the draft Agreement respects fundamental rights and freedoms and does not go against the provisions of World Trade Organization (WTO) TRIPS Agreement (Agreement on Trade-Related Aspects of Intellectual Property Rights).
And although many sections of the draft regulations were finalized as proposed, a significant number of data capture and definitional provisions were revised and clarified.
When I draft agreements (whether in litigation, mediation or collaborative divorce), I insist that those documents contain such penalty provisions.
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