'Everything can be resolved, but my husband's legacy is not up for sale.'
India's tobacco majors ITC and Godfrey Phillips India (GPI) have stopped production of cigarettes in view of uncertainty over the sort of pictorial warnings that needed to be carried on tobacco products starting this month.
Godfrey Phillips executive director Samir Modi has lodged an FIR in New Delhi's Sarita Vihar police station, alleging that her mother Bina Modi and Lalit Bhasin, one of the company's board members, orchestrated an assault on him during the board meeting. It further exacerbated the ongoing feud among the late KK Modi's family members over the distribution of the Rs 12,000 crore inheritance. Bina is also the director of Godfrey Phillips.
With a view to expand globally following stringent regulations on smoking and its advertisements in the country, Godfrey Phillips India is launching its first international brand of cigarette -- Force 10 -- in the African continent next month.
Seeking ArcelorMittal be declared ineligible to bid for Essar Steel, the petition cited Section 29A of the Insolvency and Bankruptcy Code which bars promoters of defaulting companies from bidding for stressed assets.
India has slipped to fourth place with an aggregate score of 64 in the second edition of the biannual Geopolitical Power Index (GPI)TM 2011 (H2), behind top-ranked United States (80 points on a maximum of 110) and second-placed China (72), a press release issued by the Global Intelligence Review stated on Tuesday.
Iceland retained the top spot while Afghanistan is now the least peaceful country in the world.
'If you give your ID and password to somebody else, how can anybody blame the technology for that problem?'
In the latest annual ranking of Global Peace Index states that 500 million people live in countries at risk of instability and conflict. India has been ranked at 143rd position out of 162 countries surveyed.
'Greenpeace has been brutal in targeting both India and the Manmohan Singh government. The push to go after Indian coal is driven by its long-term agenda. What is surprising is that China has not been meted out the same treatment, despite the fact that the rise of China as an economic power has been built around generating power from coal. 'Being richer and more affluent, yet far less democratic, there is less room for an NGO such as Greenpeace to drive home a complicated global agenda, so there is more of a tendency to go along with anything the Chinese offer despite China being the biggest by far with regard to coal use. But for India, it reserves tougher prescriptions, notably for its middle class, says Srinivas Bharadwaj.
The Global Peace Index 2011 notes that while several countries experienced improved levels of peacefulness, others, notably those in North Africa and the Middle East that have been swept up in the political turmoil of the "Arab Spring", have experienced sharp falls in their peacefulness.
Giving in to the demand of the tobacco industry, the government on Tuesday decided to retain the existing pictorial warnings on cigarette and bidi packages for one more year.
Glenmark Pharmaceuticals Inc, has signed a $27 million royalty deal with international healthcare investment fund Paul Capital Partners' Royalty Fund to finance the development of 16 dermatological products by the pharma major for the US market.
Pharmaceutical firm Glenmark said on Monday it had signed a supply and marketing agreement with Aspen USA for joint manufacturing and sales of three generic products in US.
Rediff Labs analysed the data on happiness, peace and human development for countries all over the world.
According to a report by the Institute for Economics and Peace, an independent, think tank dedicated to shifting the world's focus to peace as a positive and tangible measure of progress, India ranks 143rd
The ninth edition of the Global Peace Index, which ranks the nations of the world according to their level of peacefulness, has ranked Syria as the most dangerous country in the world.
Godfrey Phillips, controlled by his father K K Modi, paid Rs 1.7 crore despite him not attending a single board meet
Clean energy cess to hike cost for power sector.
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