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Takeover of Indian Drug Companies by MNCs requires appropriate assessment

Special Correspondent - 2011-03-11 13:53
New Delhi: The recent takeovers of Indian companies by Multinational Companies (MNCs) could increase the possibility of other takeovers of Indian companies which would have impact on the Indian health care scenario as well as on pricing and availability of medicines in India. As such an appropriate assessment requires to be made.

ADB Steps Up Fight Against Corruption

Special Correspondent - 2011-03-11 11:13
MANILA, PHILIPPINES - The Asian Development Bank (ADB) stepped up its fight against corruption in 2010 with the introduction of new initiatives, including revised integrity guidelines and a cross debarment agreement signed with development partners, a new report says.
India

LEFT FRONT UNDER SEIGE IN WEST BENGAL

TRINAMOOL DOMINATES POLL TALKS
Ashis Biswas - 2011-03-11 11:06
KOLKATA: As decks are being cleared for the Assembly elections 2011 in west Bengal, for the first time in decades, the ruling Left Front (LF) is the underdog as the Trinamool Congress (TMC) sets the pace.
India

DEORA DILUTES COMPANIES BILL

TRANSPARENCY LACKING IN DISCLOSURE NORMS
Nantoo Banerjee - 2011-03-11 11:03
It was not Enron’s falsified statements in its books of accounts alone which caused losses of billions of dollars to the former US energy giant’s shareholders and creditors after the utility company suddenly collapsed in 2001. The undisclosed financials of a host of Enron’s subsidiaries in the principal company’s balance sheet was equally responsible for the investors’ woes.
MISSILE RACE

India's Dhanush and Prithvi missiles successfully tested

Interceptor Missile Defence System also tested successfully
ASHOK B SHARMA - 2011-03-11 11:00
New Delhi: Ship-launched Dhanush Missile was successfully test fired from the Indian Naval Ship “INS Suvarna” off the coast of Orissa on Friday at 10.03 am, according to the Indian Defence Ministry.
Cabinet Committe on Security meets

Strategy formulated to free Indian sailors from Somali pirates

53 Indian sailors in captivity alongwith those from other nations
ASHOK B SHARMA - 2011-03-11 03:46
NEW DELHI: India is making efforts to rescue the remaining 53 Indian sailors who are still captive of Somali pirates. On Wednesday only 11 Indian sailors of RAK Afrikana were released by the Somali pirates.

WARNING ISSUED ON CIVILIAN IMPACT OF FIGHTING IN SOUTHERN SUDAN

Special Correspondent - 2011-03-10 23:57
New York: The United Nations Mission in Sudan (UNMIS) today voiced its growing concerns over the civilian impact of the continuing operations by the Sudan People’s Liberation Army (SPLA) against a rebel group operating in the country’s south.

CURRENT CRISES CALL FOR CONCERTED GLOBAL ACTION

Special Correspondent - 2011-03-10 23:55
New York: With the financial crisis having reversed many development gains and the world once again facing rising food and energy prices, top United Nations officials today underscored the need for concerted action to advance development, equity and prosperity for all.

HUMAN RIGHTS SITUATION IN CÔTE D’IVOIRE DETERIORATING

Special Correspondent - 2011-03-10 23:48
New York: A top United Nations official warned today that human rights violations, including rapes, abductions and killings, are escalating amid the ongoing post-electoral crisis in Côte d’Ivoire, with at least 27 people killed in just the past week.

BAN URGES PARTIES IN BAHRAIN TO BEGIN DIALOGUE ON REFORM AND RECONCILIATION

Special Correspondent - 2011-03-10 23:40
New York: Voicing his concern at the apparent impasse in launching a national dialogue in Bahrain, Secretary-General Ban Ki-moon today called on all parties to work together to address political reforms and advance reconciliation.