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Refund order to Alchemist Infra

-The Telegraph Kolkata: Sebi has barred Alchemist Infra Realty Ltd from continuing its collective Investment scheme and ordered that investors, several of whom are said to be in Bengal, be refunded within three months. The capital market watchdog's order said the company had denied it had anything to do with Alchemist Group, which is run by the family of K.D. Singh, a Rajya Sabha member from the Trinamul Congress. Some party leaders...

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UN warns India against disaster risks in major PPP projects -Pradeep Thakur

-The Times of India NEW DELHI: A United Nations (UN) report has warned India that it is at greater risk by opting for public private partnership (PPP) mode of Investment for raising its public infrastructure where the government has less control over its executing private partners and the latter has little interest in long term safety of the projects. A UN study, the Global Assessment Report (GAR) on disaster risk reduction, released...

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80% of working women have no Investment say: Report -Partha Sinha

-The Times of India MUMBAI: Less than one in five single working women, excluding those divorced and widowed, take their own Investment decisions, a recent all-India survey has found. Despite handling responsibilities at their workplace, they depend on parents and family members, friends and financial advisers when it comes to taking a call on money matters such as where and how much to invest. The reasons for this behaviour vary from...

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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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Uttarakhand disaster plan doesn't exist, CAG warned in April -Subodh Varma

-The Times of India NEW DELHI: As a humongous natural calamity grips Uttarakhand, it is now emerging that the state has had no disaster management plan worth its name despite the region being highly disaster prone due to fragile mountains, tectonic activity and climatic events. A Comptroller and Auditor General (CAG) released as recently as on April 23 this year says that the State Disaster Management Authority, which was formed in October...

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