-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...
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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...
More »A report card for India’s states -Pranjul Bhandari
-Live Mint Cherry-picked indicators of progress cannot convey the complexities of development in India's diverse states Which Indian states have fared better than their peers and which ones have done relatively worse is a perennial question for discussion. There is more at stake than mere grading of states here. Investment flows, central government funds and praises for being a good state are all linked to this seemingly straightforward question. It seems to...
More »ED may probe Saradha scam’s hawala connection -Sanjib Kr Baruah
-The Hindustan Times The Enforcement Directorate will "look with interest" at instances, if any, of tainted money being sent abroad through the illegal hawala channel in the Saradha Realty case, of which, there is significant possibility, ED sources told HT. Reports said that a substantial chunk of money had found its way to Dubai through hawala with the money being suspected to have been ploughed into the real estate sector. ED's investigations...
More »CAG talks about misappropriation of funds in MGNREGA scheme
-The Hindu Chennai: The Tamil Nadu story concerning the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) appears to be no different from some other States, when it comes to irregularities in payment of wages, even though the amount involved is much less here. The report of the Comptroller and Auditor-General (CAG), presented in the Assembly on Wednesday, talked of misappropriation of funds in three ways - inflating the number of workers,...
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