-The Hindu Ranbaxy's fraudulent practices may have jeopardised millions of lives in India, Africa and the U.S. Exactly two weeks ago, the pharmaceuticals industry was rocked by revelations that one of the world's largest generic drug manufacturers, Ranbaxy Laboratories, pleaded guilty to seven federal criminal charges stemming from its fraudulent production practices dating back to 2008, and agreed to pay U.S. regulators $500 million in fines. Much has since been said about Ranbaxy's...
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Media cross-holding in cross hairs -Prashant Jha
-The Hindu As TRAI prepares to regulate ownership of news organisations to ensure pluralism, big media houses fear shrinking profits and state control by proxy Rahul Khullar, the straight-talking chairman of the Telecom Regulatory Authority of India (TRAI), listened attentively to the senior management executive of Bennett Coleman and Co. Limited, one of India's largest media conglomerates. The latter disagreed with the premise of the discussion - that there was a "problem,"...
More »Mandatory CSR in India: A Bad Proposal-Aneel Karnani
-Stanford Social Innovation Review Looked at from the perspective of the political right, and the left, and the center, the proposed law making CSR mandatory is a really bad idea. Companies all over the world are under increasing pressure to demonstrate that they are responsible citizens, with about 70 percent of large companies in Europe and the Americas reporting on their corporate social responsibility (CSR) initiatives. Despite this, the very concept...
More »Privatising the ICDS?-Jayati Ghosh
-Frontline The Central government's proposal to hand over the supply of supplementary nutrition to NGOs in the name of "community participation" is surely an invitation for private profiteering on the back of this supposedly public scheme. ENSURING safe and healthy conditions for the reproduction of the population is obviously the most fundamental requirement of any society. So the progress of a society can be determined (and indeed is routinely judged) by the...
More »Model Food Bill on Chhattisgarh Legislation: BJP to UPA
-Outlook Patna: BJP today asked the Centre to remove "inadequacies" in the ambitious Food bill by increasing its coverage area and fixing all foodgrains at a flat Rs 1 a kg and suggested that it should be modelled after Chhattisgarh food legislation. "The UPA government should remove inadequacies in the Food Bill by extending the benefit to larger section of population," BJP national spokesman Shahnawaz Hussain told reporters. Hailing the success...
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