-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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More trouble for Ranbaxy as drug boycott to continue
-The Business Standard After the US and Indian authorities, the medicines manufactured by Ranbaxy Laboratories are now under the scanner of hospitals, too. Mumbai's leading Jaslok Hospital has already put up a notice advising its doctors to avoid prescribing Ranbaxy drugs, while some others are reviewing the matter. Medanta Medicity officials say they will soon assess the situation and take a decision. "I have received around a dozen queries from patients recently....
More »Rural India in decline-Niranjan Rajadhyaksha
-Live Mint The varying demographic trends in modern India could create disagreements in the political system There were 180 million more Indians in 2011 than a decade ago. Around half this increase in population came from the villages and half from the cities. The urban population actually grew slightly more than the rural population, perhaps for the first time in Indian history. The big picture is generally known. It is in the...
More »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...
More »PF set to cover all pay, not jut basic pay -Sidhartha
-The Economic Times NEW DELHI: You may end up saving more in the months ahead with the Employees Provident Fund Organization (EPFO) readying to re-notify a new definition of "compensation" that will include all your allowances, amid intense lobbying against the move by industry bodies. Currently, employers get away by contributing only 12% of the basic salary and dearness allowance, which is not paid by most companies, towards their share of "matching"...
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