-The Business Standard TV channel says evidence 'farcical', meant to deter coverage of coal block allocation scam Naveen Jindal, chairman of Jindal Steel and Power (JSPL) and Congress Leader from Haryana, on Thursday alleged the Subhash Chandra-promoted news broadcaster Zee News Ltd tried to blackmail his company and extort money. Jindal played video clips to a packed media gathering in support of JSPL’s allegation that Zee News demanded Rs 100 crore from...
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NICE: Farmers were paid a pittance for their land
-DNA On July 18, 2012, social activist TJ Abraham had filed a complaint with the court stating that while constructing the NICE Road, huge tracts of land has been grabbed illegally. The land belonged to poor people and farmers and has been purchased for lesser price than the market value. NICE for its project has occupied 20,193 acres land in total, in which it illegally encroached around 5,972 acres, Abraham had filed...
More »146 Crorepatis Contesting Himachal Polls: NGO
-Outlook Shimla: As many as 146 candidates contesting the upcoming Himachal Pradesh Assembly elections are 'crorepatis', according to a NGO report. The study conducted by Himachal Pradesh Election Watch, an NGO generating awareness among voters, also found that assets of 54 MLAs, re-contesting polls this year, grew on an average by 172 per cent since the 2007 elections. Leading the table is Brij Behari Lal Butail of Congress from Palampur constituency with assets...
More »Story in a sentence
-The Indian Express The Rajat Gupta case provokes a question: Could the Indian system handle such a situation as well? Rajat Gupta has got two years in prison for insider trading, a fraction of the term sought by the prosecution. It is a fair sentence, delivered without regard for the multiple pressures that had been brought to bear on this much-publicised case. The handling of the case — among about 60 others...
More »Overcharging set to cost pharma companies full sales revenue of drug
-The Economic Times MUMBAI: A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. "If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation,...
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