-NDTV Bangalore: The Karnataka Lokayukta court has ordered a probe against Minister of External Affairs SM Krishna and other top state politicians after allegations of irregularities in acquiring farmers' land for the Mysore-Bangalore Expressway. Former Prime Minister HD Deve Gowda and former Karnataka chief minister BS Yeddyurappa will also be probed, among others. Both Mr Krishna and Mr Gowda have served as Karnataka chief ministers. A private complaint was filed at the Lokayukta...
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Overcharging set to cost pharma companies full sales revenue of drug
-The Economic Times MUMBAI: A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. "If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation,...
More »Jairam Ramesh wants toilets in all schools by March 2013
-The Economic Times After kicking up a row by saying that there are more temples in India than toilets, Union Cabinet minister Jairam Ramesh has now set March 2013 as the target date to ensure that all schools have proper working toilets for girls and boys. Ramesh even reached out to human resource development minister Kapil Sibal, requesting him for a dedicated operation and maintenance fund of roughly Rs 12,000 for every...
More »‘Poor in India are ethical... we must lend more to the poor’
-ENS Economic Bureau At a time when companies such as Kingfisher Airlines and Suzlon Energy have defaulted on bank loans, finance minister P Chidambaram on Tuesday made a strong pitch for individual borrowers with low income, asking banks and financial institutions to not hesitate in giving loans to them. “The poor in India are not bad borrowers. The poor in India are not dishonest borrowers. The poor in India are ethical, honest...
More »Private hospitals perform fake surgeries to claim thousands in insurance cover -Dheeraj Tiwari
-The Economic Times Nazia is 10 years old. But, according to a claim filed by Chhattisgarh-based Shaheed Hospital with the Rashtriya Swasthya Bima Yojna (RSBY), she has delivered a baby after a caesarean operation. Mukul (name changed) is only 7. But Agarwal Hospital, Raipur, has made a claim for removing cataract from his eyes. A large number of similar implausible claims, being made by private hospitals enrolled to treat poor patients under...
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