The National Alliance of People's Movement, representing several civil society groups, on Monday sought a “complete ban” on the use and manufacture of the controversial toxic agri-chemical Endosulfan. “The deadly pesticide is banned by 81 countries and by the Kerala and Karnataka governments, yet it doesn't seem to be reason enough for the Centre to ban it all over the country. Since 1976, continued aerial spray of Endosulfan has led close...

Do PPP ventures come under RTI Act? Planning Commission says not its call THE Planning Commission of India has disowned any responsibility for bringing companies involved in public-private partnership (PPP) projects under the Right to Information (RTI) Act. The Commission said individual ministries which have tied up with private companies are responsible for these projects. There were several RTI applications filed seeking information on PPPs but the RTI Act is not...

The government may approve acquisitions of local drugmakers by global firms on a case-by-case basis on certain conditions to ensure availability of medicines at affordable prices, despite calls for restrictions on such deals in the wake of a spate of takeovers in the last three years. Multinationals may have to move buyout proposals through the Foreign Investment Promotion Board (FIPB), allowing the government to understand the firm's rationale for buying a...

A transparent assessment of the costs and risks associated with India's ambitious nuclear plans must be made before any ground is broken at Jaitapur or elsewhere. You really have to hand it to the nuclear industry. In any other sphere of the economy, a major industrial disaster is likely to have adverse, long-term financial consequences for the company or companies whose product or activity was involved in the accident, regardless of...

Five audIT firms of Price Waterhouse India have admitted to the US markets regulator, the Securities and Exchange Commission (SEC), that deficiencies in their auditing process were not restricted to Satyam Computer , but extended to other companies audited by them in India as well. This disclosure by PW India is in two documents released by the SEC on April 5 while concluding its findings on the Satyam accounting fraud case....