-The Hindu Aruna Roy's decision to terminate her relationship with the Sonia Gandhi-led National Advisory Council has returned the spotlight to the ideological divide within the ruling establishment on welfare spending. As the civil rights activist noted in her letter to the Congress president, the rupture came over the Manmohan Singh government's refusal to pay statutory minimum wages to workers under the Mahatma Gandhi National Rural Employment Guarantee Act -...
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PF set to cover all pay, not jut basic pay -Sidhartha
-The Economic Times NEW DELHI: You may end up saving more in the months ahead with the Employees Provident Fund Organization (EPFO) readying to re-notify a new definition of "compensation" that will include all your allowances, amid intense lobbying against the move by industry bodies. Currently, employers get away by contributing only 12% of the basic salary and dearness allowance, which is not paid by most companies, towards their share of "matching"...
More »A deception most foul-Narayan Lakshman
-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...
More »Govt mulling to introduce witness protection programme
-PTI The Home Ministry has sought opinion of the state governments on the move to protect a threatened witness or any person involved in the justice system The government is mulling to introduce a witness protection programme based on best international models for guaranteeing anonymity to those who depose in Courts against powerful accused in criminal cases. The Home Ministry has sought opinion of the state governments on the move to protect a...
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...
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