-PTI Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI).  The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel Crop Care, and Sandhya Organics -- have been fined 9 per cent of the their three years' average profits.  ALP tablets are used by the FCI for preserving its central pool...

-PTI Government came under attack in the Lok Sabha today on the issue of price rise with the Left parties demanding that an all-party meeting as also a conference of Chief Ministers be convened soon to take concrete steps to check the price line.  Raising the issue during Zero Hour, CPI(M) leader Basudeb Acharia accused the government of "total failure" in reining prices despite several assurances from the Prime Minister and the...

Clinging on to their cultural moorings are monks from Assam's Majuli islands who were forced to relocate in the 1970s With land swallowed by the Brahmaputra, many monasteries of Assam's Majuli island were relocated to the mainland in the Seventies. The lives of the monks have never been the same. Indrakanta Mahanta, the head of the Vaishnava sattra (monastery), Bogi Ai, can't remember when somebody last asked him about Majuli. And there...

-The Business Standard It is not in the interest of food companies to advertise what their products contain, but it is in our interest to know Junk food is junk by its very definition. But how bad is it and what is it that companies do not tell people about this food? This is what the Centre for Science and Environment (CSE) laboratory checked. The results were both predictable and alarming....

NEW DELHI: It could be a second innings for special economic zones, especially those held up for years, with the commerce department proposing fresh tax concessions and a cut in the minimum area requirement to a quarter of the present specifications. The department has suggested that any zone that is not built around the identified 40 million-plus cities and state capitals would be eligible for duty benefits on capital investment for...