-The Economic Times Japanese companies do not mind erring on the side of caution. They are known to think longer and harder than their counterparts in other countries about big decisions, especially when it comes to entering a new market or acquiring a foreign company. But Japan's third biggest drugmaker Daiichi Sankyo would now wish it had spent more time doing due diligence on Ranbaxy Labs, in which it bought a...
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‘62% of Delhi-NCR households prefer organic food’ -Tuhin Dutta
-The Indian Express New Delhi: Around 62 per cent of high-income households prefer organic food due to rising awareness, higher disposable income and easy availability in the markets of big cities, a study by Assocham says. There has been a growth in the demand for organic products in metropolitan cities, especially fruits and vegetables, an increase of 95 per cent in the last five years. The survey titled "Rising demand of organic products...
More »Ranbaxy's dark chapter-Bhupesh Bhandari
-The Business Standard Why have Indian authorities woken up to the Ranbaxy case only now? The matter had been simmering for several years The Ranbaxy affair is one of the darkest chapters of India's business history. The company has admitted it fudged data so that it could launch its products in the United States. It has now paid $500 million as a penalty to settle the case. It is worse than Ramalinga...
More »Growth falters as UPA completes 4-years in office -Surojit Gupta
-The Times of India NEW DELHI: The second tenure of the UPA coalition has witnessed a sharp slowdown in growth, stubborn prices, high interest rates and faltering business confidence. While there are some tentative signs of a revival on the horizon, the Indian economy is still not out of the woods and experts say sustained policy and governance reforms are needed to lift Asia's third-largest economy back to its potential growth rate...
More »Death in parched farm field reveals growing India water tragedy -Rakteem Katakey, Rajesh Kumar Singh and Archana Chaudhary
-Live Mint/ Bloomberg Conflicts between industry and farmers getting worse as water becomes more and more scarce Sachin Ingale slipped out of his family's two-room, white-painted mud hut about 4pm and walked into their farm field where the 22-year-old took a deep swig of pesticide from a plastic bottle. He died later that evening. Four months later, the mercury is pushing 50 degrees Celsius (122 degrees Fahrenheit) in his village in...
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