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A third of top 500 firms’ books dodgy: SFIO -Subhomoy Bhattacharjee

-The Financial Express A forensic report prepared for the Serious Fraud Investigation Office (SFIO) shows over a third of India's top 500 companies, including those in the top 100, are "managing" their accounts. It finds that companies where promoters hold more than 50% of total shareholding are more likely to take such steps to impress markets with their performance. Both domestic companies and subsidiaries of multinationals listed in India show similar trends...

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Study blames MGNREGA for farm labour shortage -Tomojit Basu

-PTI The scheme can have a negative impact on prices, productivity: FICCI-KPMG New Delhi: After the Prime Minister's referred to MGNREGA as a "monument to the failure of the UPA regime", comes a report blaming it for creating shortage of farm labour. A Federation of Indian Chambers of Commerce and Industry (FICCI)-KMPG report titled ‘Labour in Indian Agriculture: A Growing Challenge', released here on Wednesday, says schemes, such as the Mahatma Gandhi National...

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Mechanization, new seeds can address shortage of farm labour: study -Sayantan Bera

-Livemint.com The government needs to institute reforms in land leasing laws and the rural job guarantee scheme, says the study from Ficci and KPMG New Delhi: The cost of farm labour has increased, says a study, and unless farmers adopt mechanization and new seeds, and the government institutes reforms in land leasing laws and its popular rural job guarantee scheme, productivity could fall, with a consequent increase in food prices. The study...

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Many realities, multiple platforms-Amit Baruah

-The Hindu The digital divide has gone out of favour, but millions of Indians not only remain illiterate, but are unable to access welfare schemes Is there a clash between social media and social movements? Or, can social media be used to promote social movements? As political parties intensify their use of social media and election fever heightens in a country where millions are illiterate and have little access to technology, these questions...

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Indian drug makers face heat of US regulator's crackdown-Sushmi Dey

-The Business Standard Data also show that several other leading domestic pharma companies have recalled their products from the US Frequent drug recalls, warning letters and import alerts from the US in the recent past have turned into a major concern for the Indian pharmaceutical industry and investors. While Ranbaxy Laboratories recently pleaded guilty before the US authorities for its wrongdoings in the past, the crackdown on the drug companies seems to...

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