In a surprise announcement in April, Sun and Ranbaxy -- at that time owned by Japan's Daiichi -- declared an all-stock deal to create India's largest and world's fifth-largest drugmaker in an over $4 billion deal.
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
'When you see Modi standing there at the G20, or in New York or at the United Nations, amongst all the leaders, he stands out in the crowd.' 'He looks different, he sounds different, and he has something about his quality of presentation, his oratorical skills, which clearly set him apart from the crowd.' 'The relationship between Modi and the rest of the world and India and the rest of the world has been reset as a result of the election in 2014.'
'What was predictable, but entirely missed by Modi's strident critics, is that the excessive and intemperate demonisation of Modi allowed him to assume his own metaphor -- the underdog, the martyr, the marginalised,' says Dr Aseem Shukla.
Drug maker Cipla always fought a lone battle to make drugs affordable in India.
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
Narendra Modi is squandering a mandate for change on feeble, unimaginative incrementalism.
'If the government starts playing favourites, if the government acts in a manner which is not transparent, then natural resources which belong to not just you and me, but future generations, they fritter away. The anger against corruption, the anger against India's natural resources being looted is a consequence of the fact that within society there is a huge amount of turmoil and discontentment. Why should an Empowered Group Of Ministers or the Cabinet Committee on Economic Affairs decide the administered price of gas?' asks Paranjoy Guha Thakurta in this exclusive interview with Rediff.com's Sheela Bhatt.
It emerges that not only does the CIDR project fails the test of fairness, justness and reasonableness besides the test of not being fanciful, oppressive or arbitrary; it also fails the test of Arthashastra, Hadith and the Bible.
The deadlock over finalising alliances has had a deleterious effect on the candidates of every party. The delay in alliance conclusion has also sent out confusing signals to the grass-roots who are unsure who will be their party candidate, or which party within an alliance will be allotted a particular constituency, says N Sathiya Moorthy.
A large number of rich farmers, who earn more than salaried employees in the cities, get away with paying no tax at all in view of the government's lack of will to consider an agricultural income tax
It appears that Prime Minister Narendra Modi is being very responsive to Jayalalithaa's demands, be it on the secure release of the abducted Tamil Nadu priest to the fishermen's issue with Sri Lanka, observes N Sathiya Moorthy.
'Without doubt, Narasimha Rao confronted huge challenges. Yet, in the very brief period I saw him at the closest of quarters, I have to say that he was simply magnificent. A lifetime of circumspection gave way to courage.'
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
The world had lost an opportunity to know long-term toxic effects of Methyl Isocyanate which had leaked from the Union Carbide factory on the night of December 2, 1984, because government research agencies have lost track of a bulk of survivors, says Dinesh C Sharma.
'Three security challenges could emerge shortly. The possibility (almost bordering on certainty) is as certain as the fact that night follows day: A terrorist attack by a Pakistan-based group. Chinese intrusion on the border.Communal tension/riots.' Colonel Anil A Athale (retd) explains what the Modi Sarkar needs to be prepared for.
Maharashtra Finance Minister Sudhir Mungantiwar speaks to Prasanna Zore/Rediff.com.
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It's perverse to rationalise 'controlled' killings or torture -- without going down a slippery moral slope. Once the state stoops to torture, it's liable to sink into tyranny, says Praful Bidwai.
'To consider BRICS anything more than a temporary club with some common interests would be folly. The goal should be to induce others (Japan, ASEAN, South Africa) to align with us -- a non-threatening, democratic nation, rather than with malevolent China or waning America. For us to consider aligning with either China or the US would be absurd. India is just too big to be a sidekick,' says Rajeev Srinivasan.
'It is in the interest of both sides that the visit of the US President is seen as being successful. Both sides have invested considerable political capital in it. This rapid exchange of visits and the decisions taken have to be justified, beyond the symbolism, which is no doubt important in itself. This opportunity to impart a fresh momentum to ties should not be missed,' says former foreign secretary Kanwal Sibal.
Is the Airtel Zero plan really a big blow for net neutrality? Will it end the 'free' internet as we know it? Amidst the hullaballoo over the issue, Sudhir Bisht provides a contrarian view.
'When he first came to office, my belief is that the PM's reading of the landscape was that, with a vanquished Congress and fragmented Opposition, he was looking at least at two terms in office. This reading perhaps allows for a more cautious, gradual approach.' 'It was only a matter of time before the government was forced to come face-to-face with a serious corruption scandal. This is not a commentary on the BJP, but a statement about India's political economy.' 'There is growing concern about the government's commitment to freedom of expression, religious tolerance, and an independent civil society. Thus far, the positive movement on strategic and economic matters has crowded out these concerns, but they are lingering beneath the surface.'
The second and final part of former cabinet secretary Naresh Chandra's interview to Sheela Bhatt.
'Those who have seen the functioning of the Modi government in Gujarat know that the issues related to Hindutva and issues of economy and growth function simultaneously.' 'Modi's politics are based on the understanding of the middle-class consumer society which is in pursuit of material aspirations.' Sheela Bhatt/Rediff.com reveals the Modi government's economic and political plans for the year ahead.
'Counter terrorism does not appear to be good guys fighting the bad ones; it is about people being picked up, detained and charged with crimes they did not commit.'
'Prime Minister Manmohan Singh refused to allow us to project his real personality to let the people of India know exactly what he really was. He was always shying away from greater public exposure. Since the last two years we have seen enormous criticism, ridiculing the prime minister. He has been made into an object of jokes. It certainly hurts. I think this man deserves lots of good reviews... His contribution to social policy, his contribution to the economy, his contribution to coalition management, his contribution to foreign policy.' Dr Sanjaya Baru, Dr Singh's former media advisor who is in the eye of a storm over his book on the prime minister UPA speaks to Rediff.com's Sheela Bhatt.
The government has provided a long-term vision.
'The BJP used to be a party of decent, Hindu, middle-class people. Today, it is a party of goons. At the ground level, goons beat you up and at the senior level, the intellectuals justify the beating up.' 'On May 13, one boy sent me an SMS at 2.35 am: "Mayank sir, only five seats, what will happen?" There will be a lot of these idealist kids who want that quick transformation that may not happen. We will have to mentor them. We will have to explain to them that nations cannot be changed like that.' Aam Aadmi Party leader Mayank Gandhi, on the lessons the party has learnt from Election 2014.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
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