-Tehelka The sentencing of Wall Street wizard Rajat Gupta in the historic insider trading case has led to the fall of a one-time icon for many Indians “This is where destiny is taking me.” This is what former Goldman Sachs Group Inc director, Rajat Gupta, told old friend Pramod Bhasin, as he sat with a glass of scotch in hand, in a mid-town bar in New York. Little did Gupta know how prophetic...
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Indian firms reap bitter harvest in Africa -Aman Sethi
-The Hindu Have Emami and Karuturi bitten off more than they can chew in their land quest? Indian companies which invested in controversial deals involving hundreds of thousands of acres of land in Ethiopia have found themselves out of their depth in a fast-growing African economy that is still in the process of building critical transport and irrigation networks. Documents related to one such transaction reveal how Emami Biotech, a subsidiary of the...
More »Here comes the sun -T Ramakrishnan
-The Hindu Tamil Nadu’s Solar Energy Policy can go a long way in addressing the supply-demand mismatch The State’s solar initiative can draw on the strengths of its robust wind power programme Is the sun the answer to Tamil Nadu’s power crisis? With the unveiling of the Solar Energy Policy last week, Tamil Nadu joins the long list of States trying to find a way of harnessing this source of renewable energy...
More »Private hospitals perform fake surgeries to claim thousands in insurance cover -Dheeraj Tiwari
-The Economic Times Nazia is 10 years old. But, according to a claim filed by Chhattisgarh-based Shaheed Hospital with the Rashtriya Swasthya Bima Yojna (RSBY), she has delivered a baby after a caesarean operation. Mukul (name changed) is only 7. But Agarwal Hospital, Raipur, has made a claim for removing cataract from his eyes. A large number of similar implausible claims, being made by private hospitals enrolled to treat poor patients under...
More »Actvists demand Sharad Pawar’s resignation
-Pratirodh.com Social activist and National Alliance of People’s Movement (NAPM) leader Medha Patkar along with other activists demanded resignation of Union Agriculture minister Sharad Pawar for his involvement in Lavasa scam. Here is the full statement: Corruption of one politician after another in nexus with the builders and corporations are getting exposed. The scandals which were already investigated and prosecution initiated also are to be re-viewed in the renewed context and taken to...
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