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Ponzi puzzle stumps Amway

-The Telegraph The sudden arrest of Amway India's top brass on Monday has focused the spotlight on the crumbling fault lines and the grey areas in the demarcation between some of the world's best-known direct selling companies and the dodgy Ponzi schemes that promise huge returns to gullible investors and have lately grabbed all the sensational headlines in Bengal. William S. Pinckney, managing director of Amway India, and two directors of the...

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Indian pharma's generic challenge-DG Shah

-The Business Standard USFDA's zero tolerance policy requires our drug firms to reorient not just processes but organisational cultures to serve that market credibly The following two quotes from the United States Food and Drug Administration (FDA) news releases may help put the Ranbaxy controversy in perspective. The first sums up what it is that drives the FDA and the second is typical of the challenge the pharmaceutical industry faces. (1) "The consent...

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Long wait for potable water comes to an end here-VS Palaniappan

-The Hindu     Residents cannot believe they will get Hogenakkal scheme water from today Hogenakkal (Dharmapuri): Fifty-one-year-old Unnamalai of Mangarai at Pennagaram in Dharmapuri district breaks into a smile at the prospect of getting potable water from Wednesday under the Rs.1,928-crore Hogenakkal Water Supply Scheme and Fluorosis Mitigation Project. It has been such a long wait that she and many others in the rural areas of Hogenakkal cannot believe that the scheme has been...

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Right To Education is an absolutely foolish policy: Goa Chief Minister Manohar Parrikar

-PTI Panaji: Goa Chief Minister Manohar Parrikar on Monday called the Right to Education (RTE) Act as Union Minister Kapil Sibal's "absolutely foolish policy". "RTE Act is Kapil Sibal's absolutely foolish policy. There are CERTain parameters in the policy which are wrong," Mr Parrikar told reporters while objecting to the RTE Act's no-detention clause. "The idea of no-detention is good, but there should be good parameters to implement it. After RTE, studying has...

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Varanasi widows join seers and scholars in seminar, dine together

-The Hindu Allahabad: Breaking the chains of tradition, more than a hundred widows who live an isolated and tough life in the narrow alleys of Varanasi, on Monday shared a common platform with Hindu seers and scholars, and even dined with them. The seers and sanskrit scholars converged on the holy city to explore ways of addressing the plight of widows. They quoted from the Dharm Shastra and Samaj Shastra, ancient Hindu...

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