-The Business Standard Why government policy and jobless growth have let inequality worsen in recent times The Forbes list of billionaires features 55 Indians in 2013. The estimated net worth of only the top ten is $102.1 billion or approximately 5.5 per cent of India's gross domestic product. Paradoxically, every third poor person and every second malnourished child in the world is also an Indian. India also adds 7.5 million babies with...
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USFDA scrutiny: Will pharma majors like Ranbaxy, Wockhardt be affected in long-term? -G Seetharaman
-The Economic Times Japanese companies do not mind erring on the side of caution. They are known to think longer and harder than their counterparts in other countries about big decisions, especially when it comes to entering a new market or acquiring a foreign company. But Japan's third biggest drugmaker Daiichi Sankyo would now wish it had spent more time doing due diligence on Ranbaxy Labs, in which it bought a...
More »40% of Mumbai suicides due to family issues, illnesses second -V Narayan
-The Times of India Four out of every 10 suicides in Mumbai from 2007 to 2011 were due to family problems, according to data from the National Crime Records Bureau (NCRB). Similarly, 36% of suicides across the state during the same period were due to family problems. The trend was nationwide, with domestic issues being the main cause of suicides in high-incidence cities like Bangalore, Chennai and Delhi, and states like...
More »Ranbaxy's dark chapter-Bhupesh Bhandari
-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...
More »Privatising the ICDS?-Jayati Ghosh
-Frontline The Central government's proposal to hand over the supply of supplementary nutrition to NGOs in the name of "community participation" is surely an invitation for private profiteering on the back of this supposedly public scheme. ENSURING safe and healthy conditions for the reproduction of the population is obviously the most fundamental requirement of any society. So the progress of a society can be determined (and indeed is routinely judged) by the...
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