-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...

-PTI The Supreme Court has held that a life convict cannot claim to have a right to be released after spending 14 years behind the bars. A bench of P Sathasivam and J S Khehar said that life imprisonment means imprisonment for whole life and only the President and the Governors can remit the sentence and allow the convict to be released. The bench, however, said that in those cases the government should...

-The Hindu   Neha Khator narrates the story of an NGO that transformed a backward village into a bustling city, with funds, of course, but also by fostering a sense of duty in its residents. Vimla Kanwar, a 70-year-old widow, had a problem. After her husband, a handloom yarn spinner, died of cancer, the officials at the Khadi Gram Udyog took away his charkha. Concerned about finding a means of survival at her...

-The Economic Times Japanese companies do not mind erring on the side of caution. They are known to think longer and harder than their counterparts in other countries about big decisions, especially when it comes to entering a new market or acquiring a foreign company. But Japan's third biggest drugmaker Daiichi Sankyo would now wish it had spent more time doing due diligence on Ranbaxy Labs, in which it bought a...

-The Hindu   As TRAI prepares to regulate ownership of news organisations to ensure pluralism, big media houses fear shrinking profits and state control by proxy Rahul Khullar, the straight-talking chairman of the Telecom Regulatory Authority of India (TRAI), listened attentively to the senior management Executive of Bennett Coleman and Co. Limited, one of India's largest media conglomerates. The latter disagreed with the premise of the discussion - that there was a "problem,"...