-The Telegraph Lakshman Seth, the former CPM member of Parliament blamed for much of the bloodshed in Nandigram, was arrested by a Bengal police team this afternoon while hiding in a Mumbai guesthouse along with two party colleagues. Seth, former MLA Amiya Sahoo and East Midnapore leader Ashok Guria are the key accused in the alleged killing of six villagers during the CPM’s “recapture” of Nandigram in November 2007. Seth, entangled in...
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Vodafone-Hutch deal: Retrospective change to I-T Act-Nikhi Kanekal and Kian Ganz
The government introduced a retrospective clarification to the Income-Tax (I-T) Act, 1961, virtually amending the law to ensure that cross-border transactions such as the $11.08 billion (around Rs55,735 crore today) Vodafone-Hutchison deal are taxable. The Supreme Court had ruled this deal as not being taxable in India. The amendment becomes crucial because a review petition by the government on this case is pending before the Supreme Court, which might now have...
More »Mukherjee’s budget: giving ‘aam aadmi’ a wide berth-Liz Mathew
The common man, whose concerns were at the heart of the Congress-led United Progressive Alliance’s two successful election campaigns, doesn’t seem to be the focus of finance minister Pranab Mukherjee’s budget. Experts and political analysts say the aam admi doesn’t appear to be the dominant concern anymore, prompting speculation about Congress party chief Sonia Gandhi’s role. She has thus far been setting the UPA’s social agenda through the National Advisory Council...
More »Threat to move HC on strike
-The Telegraph The CPM-backed Co-ordination Committee today instructed its members to challenge in the state administrative tribunal (SAT) or the high court the Bengal government’s decision to showcause those employees who remained absent on the day of the Citu-sponsored general strike on February 28. Ananta Banerjee, the general secretary of the Co-ordination Committee, instructed all district unit chiefs to take the officers who issue the show-cause notices to court. The government has decided...
More »Road to cheaper drugs by Rupali Mukherjee
The government's decision to bust the price as well as monopoly of Bayer's anti-cancer drug, through the process of compulsory licensing now opens up the field for the generic industry to follow suit and could well pave the way for the availability of cheaper drugs for lifestyle diseases. More generic companies could invoke the compulsory licensing clause of the Indian Patents Act, following Monday's decision to allow Natco Pharma to sell...
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