WEF 2010: Who said what...

Carol Realini, the global CEO of Obopay asks BT why the Indian media does not use Twitter as much as the US media does. She points out at the Twiter wall -- a LCD screen set up at the India Economic Summit at the Taj Palace. "See here they are re-running the tweets, but in USA there will be so much that they will not be able to re-run anything." Realini is a bloger for the India Economic Summit and says that the entire media should be on the platform for a conference like this. "Even as someone is speaking you can get feedback. People can look at these tweets from their homes and offices and react to it. They do not need to even be here but you get a lot more reactions and discussion," she said.
 
Jim Quigley, the global CEO of Deloitte Touche Tohmatsu tells BT: "A lot of people are suggesting auditor rotation in India. It just increases cost of audit and the risks too. I hope India will not go for it. Globally only Turkey and Italy have mandatory auditor rotation and surely India would not want to be clubbed with those countries. Five-yearly signing partner rotation, as is mandatory in USA is a much better option." Quigley said that the people who are clamouring for auditor rotation actually are trying to achieve through regulation, what they could not achieve professionally