-IANS An anti-tobacco group on Thursday expressed shock over West Bengal chief minister Mamata Banerjee's joke asking people to smoke more, so more revenue could be garnered to compensate investors of the collapsed Saradha financial scam. "This is a great discouragement for those working in the area of public health," said Bhavna Mukhopadhyay, executive director, Voluntary Health Association of India. Mukhopadhyay said the West Bengal chief minister announced a 10% tax hike...
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2,644 died during clinical trial of drugs in 7 years: Govt to SC -Dhananjay Mahapatra
-The Times of India As many as 2,644 people, called subjects, died during the clinical trials of 475 new drugs on human beings in last seven years and only 17 of the medicines were approved for marketing in India, the Centre has informed the Supreme Court. Responding to allegations by NGO, Swasthya Adhikar Manch, in its PIL that Indians were used as guinea pigs by foreign pharmaceutical majors for human trial of...
More »Rs 4,000 cr at stake, SEBI asks Bengal to probe five more chit fund companies -Madhuparna Das
-The Indian Express Kolkata: As the investigation into the Saradha chit fund scam threatens to reach the doorstep of the Trinamool Congress, the markets watchdog is learnt to have warned of a larger, more frightening scenario: similar Ponzi schemes run by at least five other companies in West Bengal, involving over Rs 4,000 crore of small investors' money. In its latest communication sent to the state government, the Securities and Exchange Board...
More »Blame game and a cover-up-Saadia
-The Hoot A huge media conglomerate was built up by a chit fund company which has now collapsed. Can the West Bengal government whose MP was part of the empire disclaim responsibility, asks SAADIA. About 1400 journalists have lost their jobs because a chit fund company's little-known Chief Managing Director ventured to become a media mogul in West Bengal some three years back. Almost every three months, the Saradha Group that had...
More »Chidambaram's wife was a lawyer for a deal with Saradha group: sources -Pallavi Ghosh
-CNN-IBN Finance Minister P Chidambaram's wife Nalini Chidambaram was engaged as a senior advocate to appear on behalf of Manoranjana Sinh and her husBand and a Narasimha Rao government minister Matang Sinh in a company petition filed by her before the company law board against M/4 Positive TV Ltd, sources close to the Union Minister's wife have said. The case is still pending before the Company Law Board. Sources say Nalini represented...
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