Raj Kumar Agarwal will go down in history for alleged association with the first-ever cancellation of elections to the Rajya Sabha after votes had been cast, following allegations of horse-trading. In his hometown Jamshedpur, he is better known as a “self-made man” from a “humble background” who had links cutting across political lines, and who had lately forged another identity: as supporter of “anti-corruption activists” Anna Hazare and Baba Ramdev. Agarwal,...
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Abduction figures stun Assam House
-The Telegraph Assam has witnessed one abduction almost every two days this year. Despite militancy being on the decline, there has been no let-up in abductions in the state. Assam forest minister Rakibul Hussain today told the Assembly that 56 abduction cases have been registered in the state since January, which works out to 86 days till today. Replying on behalf of chief minister Tarun Gogoi, who holds the home portfolio, Hussain said between...
More »India patent bypass delivers life-saving blow against cancer by Raja Murthy
India's decision this month to produce Germany-based multinational Bayer's anti-cancer drug Nexavar, in the first use of "compulsory licensing" in South Asia, will save lives but also raises intricate questions. Under the compulsory licensing process, a government can under World Trade Organization (WTO) rules bypass a patent owner's rights after three years and order the manufacture and sale of life-saving medicines at much cheaper cost than by obtaining the medicine from...
More »Ex-staffers of Swiss bank get ED notice
-The Times of India The Enforcement Directorate has issued notices to two former executives of the UBS Switzerland to appear for evidence recording at Mumbai in the Hassan Ali money laundering case. The former executives are believed to have helped the Pune-based Businessman Ali in his money laundering allegedly estimated at more than $8 billion. The income Tax had also served Ali with notices in the same case for recovery of Rs...
More »Income tax raids on arms dealer Suresh Nanda
-The Times of India Income tax officials on Friday carried out searches at various premises of Delhi-based Businessman and defence dealer Suresh Nanda, including at the Claridges hotel owned by him. Nanda had temporarily shifted his residence to Claridges but on the day of the raid he slipped out in a similar fashion like in 2007 when a raiding party failed to lay their hands on him. Sources said he has left...
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