-Live Mint Income-tax department says firm had underpriced intragroup share transfer by Rs 15,000 cr and evaded taxes consequently The Indian arm of Royal Dutch Shell Plc , Shell India Pvt. Ltd, has been accused by the income-tax (I-T) authorities of underpricing an intragroup share transfer by ` 15,000 crore and consequently evading taxes, said a person familiar with the development.   Following the notice, which is one of the biggest transfer pricing orders...

-Live Mint Cabinet-approved Bill may stir up controversy after it left out a key proposal to bring CBI within its purview On the day that it approved the anti-graft Lokpal Bill, the first murmurs of dissent against finance minister P. Chidambaram’s call for expenditure cuts surfaced in the Union cabinet—over the seemingly piffling amount of `90.38 crore.   The cabinet eventually overruled the finance ministry’s objections and approved the infusion of the money for...

-The Hindu Bidders asked for an extended deadline, says SHRC director The last date of submission of the much awaited bids for establishing private diagnostic centres in public health facilities of Chhattisgarh has been moved to February 10 from February 1. Explaining this change, J.P. Mishra, architect of the privatisation programme and State Health Resource Centre (SHRC) Director, an autonomous body that is overseeing the privatisation, told The Hindu that the bidders...

-The Hindu By opting for a U.S.-style medical care model, India is endangering its universal health coverage goal, and paving the way for a corporatised, for-profit system As India continues to debate how best to implement universal health coverage, two recent and seemingly unrelated news items need to be analysed carefully. The first one pertains to a report released earlier this year by the National Research Council and the Institute of Medicine in...

-The Indian Express It is very difficult to try and be a rational voice in the cacophony of cries for revenge and retribution on the alleged perpetrators of the ghastly crime that was committed on the night of December 16. I am equally ashamed, outraged and shocked that an incident like this could take place in the heart of India, which gave birth to a Mahatma Gandhi, a Gautam Buddha, a...