-The Business Standard Why have Indian authorities woken up to the Ranbaxy case only now? The matter had been simmering for several years The Ranbaxy affair is one of the darkest chapters of India's business history. The company has admitted it fudged data so that it could launch its products in the United States. It has now paid $500 million as a penalty to settle the case. It is worse than Ramalinga...
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From Bofors to 2G, the same fate-Arun Kumar
-The Hindu The parliamentary committees on the howitzer scam and the stock market scandal protected the powerful and failed to fix accountability. The same is true in the spectrum case The current political situation brings back memories of 1989. The Prime Minister then was under a cloud in the Bofors scam. Many of his close associates like Lalit Suri and Ajitabh Bachchan were accused of wrong-doing. Today, Prime Minister Manmohan Singh and...
More »CM indicted for misuse of funds
-The Times of India New Delhi: The Delhi Lokayukta has indicted chief minister Sheila Dikshit for allegedly misusing public funds for an advertisement campaign in the run-up to the 2008 assembly polls. The ombudsman has recommended to the President of India to administer "caution" to the CM for the alleged misuse of funds and ask her to reimburse either herself or through her party a sum of Rs 11 crore as...
More »India Inc trying to get proactive in handling sexual harassment cases -Sreeradha D Basu, Devina Sengupta & Saumya Bhattacharya
-The Economic Times MUMBAI/ BANGALORE/ NEW DELHI: For 100,000 employees in the group, ICICI gets 60-odd sexual harassment complaints in a year. Of this, 30-40% are found to be true. India's second-largest bank by assets does not insist on absolute proof when it comes to allegations of sexual harassment. In case of circumstantial evidence, the person is asked to resign. If there is stronger proof, the person is sacked. ICICI is among...
More »Four walls and the cry for help -Vani S Kulkarni, Manoj K Pandey and Raghav Gaiha
-The Hindu Every hour 25 women fall victim to crimes; 11 suffer cruelty by husbands and other relatives; three are raped; and there is one dowry death. Horrific crimes against women have, in fact, continued unabated. What is worse is that there has been an acceleration of such crimes in recent years, with the annual rate rising from 5.9 per cent in 2006 to 7.8 per cent during 2006-2011. Cases of domestic...
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