-The Hindu Business Line From maker of versions of drugs, India's pharmaceutical industry has turned a top innovator Twenty years ago, Ranbaxy was a home-spun drug-maker. The Indian Patents Act allowed companies to make chemically-similar versions of innovative drugs. Visionaries in the pharmaceutical sector, like Parvinder Singh (Ranbaxy's key architect and member of its promoter family) and Anji Reddy (founder of Dr Reddy's Laboratories), were alive. And the pharmaceutical industry did not have...
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PM says unauthorized deposit collection has to be curbed
-The Times of India Prime Minister Manmohan Singh said on Saturday that unauthorized collection of deposits promising high returns has to be curbed as the Centre unleashed a multi-agency probe on chit funds and money pooling firms in West Bengal and the eastern region. Rattled by the collapse of the Saradha group in West Bengal, the Centre has asked various agencies such as the Enforcement Directorate (ED), Income Tax department, the ministry...
More »Fixing the foundations
-The Indian Express Chit fund scams shine the light on the need to overhaul the financial regulatory architecture Cases of Semi-regulated or unregulated entities making unrealistic promises to consumers are roiling the financial landscape. It is high time the government sees the pattern and undertakes fundamental change. The search for a solution must factor in two realities. The first is the failure of the formal regulated financial system. The breakdown of present...
More »Jairam dancing to the tune of corporate lobby: Brinda Karat
-The Hindu Left parties to press for referring land acquisition bill to panel VISAKHAPATNAM: Continuing her tirade against attempts by the UPA Government to adopt the Land Acquisition, Rehabilitation and Resettlement Bill, 2011, in Parliament without addressing the concerns expressed by many, CPI (M) Polit Bureau member Brinda Karat on Sunday accused Union Minister for Rural Development Jairam Ramesh of dancing to the tune of the corporate lobby. At a Seminar on ‘Tribal...
More »Daughter deficit?-R Krishnakumar
-Frontline Is there a shift in the attitude of Kerala society towards the value of daughters? Is son preference spreading in a State once known to be above extreme gender bias? A recent study on child sex ratio generates more questions than it answers. By R. KRISHNAKUMAR in Thiruvananthapuram ABORTION of female foetuses after parents learn of their gender using medical diagnostic techniques is believed to be one of the central reasons...
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