FIR against Giriraj Singh for ‘white skin’ comment against Congress president Sonia Gandhi, Sonia hits back!

The court ordered the local Mithanpura police station to immediately lodge an FIR against Giriraj Singh and report to the court within a week’s time.

A day after Union Minister and Bharathiya Janata Party (BJP) MP Giriraj Singh sparked controversy with his ‘white skin’ comment against Congress president Sonia Gandhi, a local court in Bihar, on Thursday, ordered to lodge an FIR (First Information Report) against him.A local Congress leader in Muzaffarpur district of north Bihar, Vidyanand Singh had filed a defamation against Giriraj Singh for his derogatory remark against party president Sonia Gandhi.While talking cognisance of the petition the court of Chief Judicial Magistrate in Muzaffarpur transferred the case to the court of Sub-Divisional Magistrate, East, Anju Singh for adjudication.Later, the Sub-Divisional Magistrate ordered the local Mithanpura police station in Muzaffarpur district to immediately lodge an FIR against Giriraj Singh and report to the court within a week’s time.Meanwhile, Union Minister and Rashtriya Lok Samata Party (RLSP), an ally of the BJP, leader Upendra Kushwaha condemned Giriraj Singh’s comment saying “it does not behove a Union Minister to make such comment. A person holding such post should refrain himself from making such controversial statements”. Congress president Sonia Gandhi, asked to respond to a racist comment on her by union minister Giriraj Singh, said today: “I would not like to comment on people who have a narrow mindset.”

Mrs Gandhi was speaking to reporters at a village in Madhya Pradesh, where she met farmers hit by unseasonal rain.On Tuesday, Mr Singh had said at an event in Bihar: “If Rajiv Gandhi had married a Nigerian lady and not a white-skinned woman, then would the Congress have accepted her leadership?”

The BJP ordered Mr Singh to apologise. Sources say party chief Amit Shah asked the 63-year-old minister to “observe absolute restraint in public and in private” and stop embarrassing the party and the government.The minister later said: “All sorts of things are said off the record. But if Sonia Gandhi and Rahul Gandhi were hurt by my remarks, then I regret them.”

The Congress said the minister’s comment was “bordering on insanity” and demanded his resignation.

Emotional Kejriwal narrates the sequence of dramatic moments at the National Executive, Was jailed for 15 days on Prashant’s advise, declined Personal Bond, how many have you done so?

A day after it ousted rebel leaders Yogendra Yadav and Prashant Bhushan from the National Executive, adopting a resolution in a National Council meeting, that witnessed extreme acrimony and allegations flying thick between two warring sides, the Aam Aadmi Party on Sunday released the video of party’s national convenor Arvind Kejriwal’s speech where he said he was back stabbed by his own companions.In a 45-0 minute speech at the National Council meeting on Saturday, the Delhi Chief Minister claimed, “When the entire Delhi supported us, some of my colleagues back stabbed us. When we came to power following a landslide victory, BJP and Congress became afraid of us but their tension was eased by some of our own party members.”
He said neither him nor Yadav or Bhushan could gain from this internal rift.”From our internal turmoil, who benefitted? This rift benefitted Modi…It helped the Congress and the Amabanis,” Kejriwal claimed.He said he was attacked by my own friends.”I did not want to fight with Prashant Bhushan and Yogendra Yadav. I came to power to fight against corruption,” said he.He said due to this rift earlier, he wanted to leave the party but was persuaded by Bhushan and Yadav.Around 45 minutes long video shows Kejriwal accusing dissidents Yogendra Yadav and Prashant Bhushan of conspiring against the party.

“Prashant Bhushan and Yogendra Yadav had threatened us before Delhi polls that they will hold press conference and destroy the party. The senior members of AAP  had to convince them not to defame the party as it was heading for a historic win. This has been going on for the past one year,” Kejriwal said in the video.

He further revealed, “In February last year, Yogendra Yadav’s PA Vijay Raman called one of our volunteers, Satya, and told him that I will be removed from party’s convenor’s post as I was made Delhi’s CM. He also told Satya that since Yadav will take over the charge of national convenor, he would form his own secretariat and Satya was being considered to be a part of it.”

“After LS polls debacle, I was targeted many times. In June first week, our NE meet was held. In the meeting I broke down in tears and told everyone that I can fight against Modi, Gadkari, Khurshid and Ambani, but can’t fight against Prashantji and Yadav. I decided to quit politics, but both Yadav and Prashantji convinced me not to take such a decision,” he added.

Talking about alleged conspiracies, Kejriwal said, “A faction of AAP had supported AVAM for spreading lies against our funding in media. Prashantji had told people that he wanted party’s defeat in Delhi so that they can do introspection. Stories were being planted against us in media. Reacting on a media report, our volunteer called Yadav and asked him if he has spoken to a journalist against AAP, but Yadav denied. However, later he accepted it and when we called the journalist to enquire about the story’s source she told us that Yadav had told a group of journalists during a breakfast meet in Chandigarh to write against me.”

Hinting at Shanti Bhushan, Kejriwal said that he was in for a shock when he heard a statement in media that a senior most member of AAP had said that his first choice for Delhi CM was Kiran Bedi, second was Ajay Maken and third was Kejriwal.

“We tried all possible ways to mend ways, but all in vain. They also placed five condition before us and we agreed to all, but later they said that they were only bargaining with us,” he said.

A resolution to remove the two dissident leaders along with their supporters Anand Kumar and Ajit Jha from the powerful panel was passed at the National Council with 247 members supporting it.

10 members opposed it while 54 others did not take part in the voting, AAP National Secretary Pankaj Gupta said.

After the meeting, Yadav and Bhushan accused Kejriwal of using unfair means including bringing goons at the meeting who allegedly beat up a number of National Council members opposed to the resolution.

“It was a murder of democracy. Everything played out in accordance with a predetermined script and the resolution was moved and passed within minutes completely disregarding laid down procedures. It was a total farce,” said an agitated Yadav.

Bhushan alleged Kejriwal came fully prepared to “kick us out” from the party and that a number of NC members, who supported him, and Yadav were injured.

(With PTI inputs)

“I wanted to leave the party but then I said I will fight elections only if I had the power to take decisions. There was total conspiracy to make me lose in the Delhi Assemblt polls. Prashantji wanted me to lose,” he said.Accusing the rebel leaders, Kejriwal said, “They used to blackmail us and say if this is not done, we will call a press conference and spoil the party’s image.”
“I did not come here for power. I did not give tickets to my own relatives since we wanted our candidates to be clean,” he said.Speaking about the sms which Bhushan sent him for a personal meeting, he said, “I wanted to meet Prashantji too but i was afraid that he will tell everything to TV channels. He did not want to meet me. His intention was to tarnish my image.”
“I sent a representative to Yadav’s house to resolve the issue. He said he had 5 issues. He demanded that if we accept all his proposals, he will leave. This was just a show,” claimed the Delhi CM.Kejriwal said the party had accepted all conditions. “I had no problem on probe over me also but once it will be done, BJP will oppose being my CM,” Kejriwal said.Speaking on how he relied on the two rebel leaders, Kejriwal said, “They wanted Haryana, we said okay. I went to Tihar over Prashantji’s one nod.”
Ending his address he said he cannot work as an active member with them present in the party.
“I want to give up my claim in the party. I announce my failure. I can’t work like this. Today, I ask you to choose between me or them,” he appealed to all members of the party’s national council.The Aam Aadmi Party on Saturday defended its stand saying 247 votes were in the favour of the resolution.”A proposal to remove Yogendra yadav, Prashant Bhushan, Anand Kumar and Ajit Jha from NE was presented in National Council of AAP. There was voting held in the National Council for removal of the four people from the National Executive,” The AAP said in a statement on Saturday.”247 votes in favor of the resolution, 8 against it, 2 gave dissent notes and 54 either walked out or abstained from voting,” it added.
AAP leader Sanjay Singh also refuted Yadav’s claim of violence during the meeting and had said, “There was no violence in the meeting.”
The party’s move signalled the possible expulsion of the two founding members from the party as well.
Many of the party leaders supporting  Yadav and Bhushan had, however,alleged that supporters of party chief  Arvind Kejriwal dragged them out from the meeting and also used violence against them.
 “It was scripted. It was a murder of democracy,” Yadav had said after the meeting.
 “There was bogus voting in the meeting. Many of the National Council members who supported us were injured,” he had said.
“Whatever Arvind Kejriwal was heard saying in a sting yesterday was played out in the entirety in today’s meeting,” said Bhushan. “Goons were brought to the meeting. Our supporters were beaten up inside the meeting. The meeting was a total farce,” he had added.

 

Why Arvind Kejriwal must tell the nation that there are no Kejriwal Camp?

Why Arvind Kejriwal must tell the nation that there are no Kejriwal Camp?

Kejriwal must prove analysts wrong by re-installing Prashant Bhushan and Yogendra Yadav

Satya Brahma*

Ever since the Delhi Election result declared & AAP’s sweeping victory in Delhi by bagging 67 of 70 seats at a time when Narendra Modi wave swept Maharashtra, Haryana, J & K & knocking the doors of the Delhi people to vote BJP for governance & reforms terming Arvind Kejriwal as an anarchist & AAP should be sent to jungle, the combined force of AAP rose to the occasion & worked with sincerity & dedication spending sleepless nights. The Victory for AAP led by Kejriwal has three important factors

  1. Arvind Kejriwal’s clean image
  2. Dedicated Volunnters
  3. Positive Campaigning

The message of AAP was loud & clear that it was indeed unstoppable & India was looking at a party that may well give an alternative politics to India. Even Leaders across the states were camping in Delhi spending their personal money to ensure victory for the party. It is true that certain leaders got carried away & nurtured personal ambitions resulting in sharp division of differences. It was the same Yogendra Yadav with party stalwarts Ashutosh, Ashish Khaitan who guided the younger spokespersons like Raghav Chadha & Atishi Marlena & others to lead the TV & Media battles & people liked them in sharp contrast to Congress & BJP’s regular opposition bashings. Mayank Gandhi & Anjali Damania had their own genuine reasons to express their grievances.

Now Arvind Kejriwal must realize that if he is the captain of the boat, than he should take all members into the boat & not dump them in river because certain incidences are really important for the party to think. Arvind must realize that sooner he finds solutions, it is better as Congress is revamping & BJP will leave no stones to leave the battle without a fight. Party volunters should not be taken for a ride

 

The author is Editor-In-Chief of Network 7 Media Group

DK Ravi’s father-in-law Hanumantharayappa – My son was constantly under threat

Bengaluru: Amidst conflicting reports that strained personal relationships and a romantic link with a woman IAS officer drove D.K. Ravi to suicide, his father-in-law Hanumantharayappa sought to set the record straight claiming he did not notice  anything abnormal in the IAS officer’s behaviour. In an interview with Deccan Chronicle, he admitted to the fact that he played a role in getting his son-in-law transferred to Bengaluru from Kolar fearing a threat to his life.

Excerpts from the interview:

How was your relationship with D.K. Ravi?

More than a son-in-law, both of us were friends with each other. My daughter and Ravi would stay at our Nagarbhavi house during weekends, and at that time we always made it a point that we would have breakfast and dinner together. During the meals, he used to share many details about his work. He was normal as usual and I could not see any change in his behaviour.

There is speculations doing the rounds that D.K. Ravi could have taken the extreme step due to personal/familial issues. What is your say on this?

The couple was extremely happy as far as I know. They had no children and I thought both of them would have planned their family. And we were on good terms with Ravi’s parents as well. Ravi had plans to move into a house with his wife and his parents in Vasant Nagar, but as renovation work was continuing there, they had decided to temporarily move into a flat in St. John’s Wood Apartments in Chikka Adugodi.

You said it was you who got Ravi transferred from Kolar to Bengaluru. What makes you feel that the threat perception in Bengaluru is less than that in Kolar?

It was not the question of threats alone. He had worked over one year and three months in Kolar and gained the trust of the entire district who supported him. Except for MLA K.R. Ramesh Kumar, all the present sitting MLAs were in favour of getting Ravi transferred from Kolar, which Ravi himself disclosed to me. In the meantime, the case of a prominent builders’ group came up in the Karnataka High Court. Bangarpet MLA, S.N. Narayanaswamy approached the chief minister and demanded his transfer saying that there were recommendation letters from all sitting MLAs to transfer Ravi, and he himself told me this. Then I started hearing that that the builders’ group had underworld connections and there was a threat to the life of my son-in-law. Hence, after discussing this with Ravi, I approached the CM to recommend his transfer. Until then the CM himself did not know that Ravi was my son-in-law. And that’s how he was transferred to Bengaluru in October last year.

Did Bangarpet MLA S.N. Narayanaswamy get in touch with you before or after Ravi’s transfer?

No, S.N. Narayanswamy did not get in touch with me for anything. I heard that the day after Ravi got transferred to Bengaluru, the Bangarpet MLA had gone to Tirupathi, tonsured his head and was seen celebrating and distributing sweets before the District Commissioner’s office in Kolar as the transfer happened finally. Ravi had told me this too.

Did Ravi share with you anything regarding his work over the last 15-20 days over his work at the Commercial Taxes Office?

Around 15-20 days ago, when he had begun with the raids, casually he had told me that, here too it’s the same case. There is a lot of pressure demanding me to deviate from working. Nobody is allowing me to carry on the work properly. When I told him that when he had done raids on Embassy Group that its stakes are owned by powerful ministers, he said whosever it is? I had made a list and I am continuing with my raids.

What do you have to say about the rumours about an alleged love affair between the IAS officer and his batch mate and about the calls that have been made to Ravi’s phone on the day of his death?

I am not aware of hearing anything like that and if there is something like that, everything will come out during investigations while the phone call record details are examined by the investigators.

London based Healthcare Giant set to be the new promoters of Dr. Datsons Labs Ltd

London based Healthcare Giant set to be the new promoters of Dr. Datsons Labs Ltd. Dr. Datsons Labs aggressive marketing & new orders worth over 400 crores will sail through with the new Cash Rich Promoters

Debashish Mishra

 

It is widely known that Dr. Datsons Labs Ltd is in the process of one time settlement with the Bank which is to the tune of only 80 crores & clearly the assests of the company can easily be valued at about 175 Crores . With the new London based promoter coming on Board to take control of the company for a complete overhaul where the management of the company is already in place with a professionally managed top management & the work force of 250 employees. The present structure of the company is run by institutions spearheaded by  Dr. Rajendra Kamat as the Vice-Chairman & MD, Mr Saleem Talim as the CEO, & Mr. Shashikant B. Shinde as Executive Director. Mr. Mahesh Vaidya has been appointed as Non Executive Chairman of the Company with effect from February 15, 2015 as per the company’s announcement to the BSE. The top level sources to the London based healthcare Firm’s leadership reveal that a deal has indeed been stuck with Dr. Datsons Labs Ltd for an undisclosed amount, but a definite picture of recovery back to business. The deal involves the taking over of the company as new promoter Group. The London based Company besides having operations worldwide is also setting up a huge $200m multi-specialty hospital in Mumbai for cancer and trauma surgery, due to be commissioned in August 2015. The Group clearly wants to use Dr. Datsons Labs Ltd by making it as a hub to supply quality medicines to the world market. The old clients of Dr. Datsons Labs will also make a comeback to do business with a reasonable price offering high quality standards..

Sources close to Pharmaleaders reveal that a big time London based group having worldwide operations with a total value of more than 5 Billions $ with interest in Healthcare, finance, banking operations is indeed set to take over Dr. Datsons Labs. The talks between the two companies are almost complete where the London based company has constituted a project management group consisting of consultants of repute in healthcare as well as financial background well versed with the present market conditions. It is believed that the new promoters will streamline the operations with manufacturing, production, R&D, NDDS, NCE’s & additional capabilities to foray into cancer research. The present  valuation of the company is definitely much bigger & the regular business will be hassle free once the new promoter group list the stocks outside india. The  Regulatory & statutory Bodies in Singapore or in London stock exchanges are definitely  far better than India & the company can post a turnover of  500 Crores. The New formation will retain the top management executives.

It may be recalled that with the new management in Board, the company has bagged some of the most enviable orders from both overseas & domestic companies to exports in anti-malarial & anti-cancer drugs. Some of the top orders include Eubage Laboratory, the Belgium-based manufacturer of nutrients and nutritional supplements,  to invest $ 17 million (about Rs 104 crore) 20 nutraceutical products to be manufactured at their Pune formulations facilities, an estimated 80 crore order from Yemen’s Al-Mugdh Pharma for anti-malarial drugs, partnership with Clinton Foundation to supply Anti-Malarial Drugs to Eliminate Malaria on UNITAID-CHAI Malaria Treatment Project 2015. Lately Dr. Datsons Labs also received order from a Delhi based exports company through an Exclusive Contract Manufacturing Partnership for Cancer Drugs worth 120 Crore with Dr. Datsons Labs Ltd to be exported to Europe. In addition to this Dr. Datsons Labs Ltd has already on board some top domestic players such as Glenmark, Universal Healthcare, Pharmed Europe, Ltd. and Zenufa Labs among others. To the advantage of the Acquirer are some top facilities. Dr Datson’s core strength lies in the research and manufacture of quality lozenges, controlled substances in formulations, anti-malarials and niche APIs. And CRAMS . The Company’s culture of manufacturing excellence is centered on quality control, quality assurance, in-process control guidelines and training. Corporate Performance Review of the Company The Company’s manufacturing locations are integrated and linked by high-speed networks to deliver products to markets at the right time and price. The Company’s facilities are UK-MHRA and EU-GMP-compliant, and ISO 9001:2008, ISO 14001:2004 and ISO 22000- certified; these enhance the confidence of global Pharma players. The Company designed the quinine extraction equipment in-house while maintaining stringent quality parameters, emerging as one of the most cost-effective quinine manufacturers. The Quinine Sulphate and other salts received approvals from US, EU and Canadian customers.

Dr Datsons Labs

The reason for the company to sell the business to the London based group is quite clear that the company has been facing liquidity issues for Its working Capital Requirement, hence performance of manufacturing operations are greatly affected , to overcome the same Dr. Datsons Labs had undertaken steps to raise equity through sale of stake , bringing in strategic investors and even selling the assets so that the company gets in required funding for its Working Capital & Capex Program. Dr. Datsons was looking for long term investors who can take forward the legacy of the company.

 

FHM shoots top models & shows off!

The Argentinian model Romina Belluscio is the featured figure on the cover page of men’s magazine FHM Spain for the month of January 2011. The former Miss Argentina has posed wearing a set of leather lingerie that reveals her lush curves.

Filipina actress Ellen Adarna is the sexy cover star for the men’s magazine FHM Philippines for the month of December 2010. Ellen Adarna is proof of how the Internet can really make you famous. The December issue of FHM has everything you need to know about her – with her most stunning photo shoot.

Spanish actress Andrea Duro shows the chemistry of her beauty on the pages of men’s magazine FHM Spain for the month of December 2010. Beyond her role in physics or chemistry Yoli, Andrea Duro is news in these days for her role in a Christmas movie.

Shruti Hassan Top Indian Actress  Cover girl for FHM Magazine February 2014 edition sexy and hot pics.Here are few of the sizzling hottest pictures of the actress from the Magazine.
 Shruti hassan

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Bruna Abdullah Photoshoot For FHM India Magazine October

Vaani Kapoor Hot and Sexy FHM Magazine Photoshoot Photos

Manasvi Mamgai Sizzling Hot FHM Magazine December 2014 Photos

Sunny Leone Hot and Sexy Photo Shoot Gallery For FHM Magazine in Green Saree

Sunny Leone sexy bikini photoshoot









Dr. Datsons Labs to partner with Clinton Foundation to supply Anti-Malarial Drugs to Eliminate Malaria on UNITAID-CHAI Malaria Treatment Project 2015

Dr. Datsons Labs to partner with Clinton Foundation to supply Anti-Malarial Drugs to Eliminate Malaria on UNITAID-CHAI Malaria Treatment Project 2015

 The Clinton Health Access Initiative (CHAI)’s Commitment to create a malaria-free zone in Africa awards contract to Dr. Datsons Labs to supply Artemisinin-based combination therapies” (ACTs) on a discounted price.

 

Monday,9th March 2015, Mumbai, Maharashtra. Indian Drug maker Dr. Datsons Labs Ltd specializing in manufacturing of Anti-Malarial drugs has received the proposal to supply the Artemisinin-based combination therapies” (ACTs) to The Clinton Health Access Initiative (CHAI), the healthcare project of the Clinton Foundation. Dr. Datsons Labs Ltd will be making a a significant deal though there Is a a minimum pricing that the company will be working on. The volume will be huge because it will be supplied to most of the African countries. In the UNITAID-CHAI Malaria Treatment Project 2015, other big players such as Cipla, Ipca & other Indian players are already on the approved list of The Clinton Health Access Initiative (CHAI) to supply the drugs.

Speaking on the deal with The Clinton Health Access Initiative (CHAI)’s UNITAID-CHAI Malaria Treatment Project 2015, Dr. Rajendra Kamat, Vice-Chairman & MD, Dr. Datsons Labs Ltd said, This is a huge order & the clauses in the Agreement are time bound with several quality aspects to adhere & Dr. Datsons Labs Ltd is fully equipped to meet the challenges of the order. We are also presently working on the recent orders of Marketing And Supply Agreement with Yemen’s AL-MUGDH PHARMA to sell its drugs in YEMEN, We are quite confident that we will bounce back again as a leading player both in international & domestic market. We will be working on two shifts from April onwards to the new orders received from Eubage Laboratory’s 20 innovative food supplements formulations coming under the neutraceutical foray.

 

Malaria is a mosquito-borne disease caused by a parasite. People with malaria often experience fever, chills, and flu-like illness. Left untreated, they may develop severe complications and die. According to the World Health Organization, malaria caused an estimated 584,000 deaths worldwide in 2013. However, malaria is preventable and treatable. Increased investments and coordinated global health efforts have resulted in a 47 percent decrease in malaria mortality rates since 2000. With continued commitment and progress, a malaria-free generation will be within our reach.

Founded in 2002, by President William J. Clinton, the Clinton Health Access Initiative (CHAI) is a global health organization committed to strengthening integrated health systems around the world and expanding access to care and treatment for HIV/AIDS, Malaria and other illnesses. Based on the premise that business oriented strategy can facilitate solutions to global health challenges, CHAI acts as a catalyst to mobilize new resources and optimize the impact of these resources to save lives, via improved organization of commodity markets and more effective local management. CHAI helped the Government of South Africa to achieve a 53 percent price reduction for antiretroviral drugs; CHAI’s support will help the Government achieve US$960 million in savings over four years. In the past decade, remarkable advances have been made in treating and preventing malaria. Better medicines and long-lasting bed nets have been developed. Donor funding for malaria control has dramatically increased from $153 million in 2000 to over $1 billion in 2010. Indeed, the focus of many countries has recently shifted from malaria control to malaria elimination. Not surprisingly, this rapid infusion of new technology, increased funding, and policy reform has created a new set of challenges for the governments of malaria endemic countries. CHAI works in partnership with governments to address these challenges, creating evidence-based solutions tailor-made to each unique situation. In the past decade, remarkable advances have been made in treating and preventing malaria. Better medicines and long-lasting bed nets have been developed. Donor funding for malaria control has dramatically increased from $153 million in 2000 to over $1 billion in 2010. Indeed, the focus of many countries has recently shifted from malaria control to malaria elimination. Not surprisingly, this rapid infusion of new technology, increased funding, and policy reform has created a new set of challenges for the governments of malaria endemic countries. CHAI works in partnership with governments to address these challenges, creating evidence-based solutions tailor-made to each unique situation. CHAI’s work on malaria treatment began in Tanzania, which was, like most of Africa, flooded with cheap, ineffective malaria drugs called monotherapies. While government programs were making the switch to effective artemisinin-based combination therapies (ACTs), this treatment remained prohibitively expensive at the pharmacies where most Africans buy their drugs.

CHAI is currently working with AMFm countries to expand access to malaria treatment by increasing the market penetration of ACTs to over 50 percent in the next year. This initiative includes helping new ACTs gain market entry and uptake by providing technical assistance, regulatory expertise, and cost-optimization support to the companies that manufacture them. CHAI is also continuing our work to improve the sustainability and efficiency of malaria financing, including the exploration of novel mechanisms like cash-on-delivery, which pays for progress made toward targets. Additionally, CHAI is helping Swaziland advance toward becoming the first mainland African country to eliminate malaria by ramping up effective surveillance to track down and diagnose every case. Even a few years ago, people thought that eliminating malaria in a sub-Saharan African country was impossible and yet Swaziland is now on the verge of achieving that remarkable feat.

About Dr.Datsons Labs Ltd

Dr.Datsons Labs Ltd., formerly Aanjaneya Lifecare Limited, is an India-based integrated pharmaceutical company. The Company is engaged in the manufacturing and marketing capabilities in Contract Research and Manufacturing Services, and active pharmaceutical ingredients. The Company focuses on anti-malarial and finished dosage forms (FDFs), catering to diverse therapeutic segments. The Company manufactures second generation anti-malarial APIs like quinine and salts as well as third generation anti-malarial products like Artemisinin-based salts. The Company engages in contract manufacturing for leading Indian pharmaceutical brands namely Wockhardt, Cipla, Zydus Cadila, Lupin and Glenmark, among others.  The Company’s subsidiaries include Eros Pharmachem Pte Limited, Aanj Pharmalabs Limited Fze, Fair Success (Hongkong) Limited and Dr. Datsons Labs Limited (the United Kingdom.

………………………………………………………………………………………………………

Contact

Mr. Yogesh Patel

Company Secretary

Dr. Datsons Labs.Ltd

Dr.Datsons House, Plot No W-91D Taloja MIDC 410208,

Raigad Dist, Maharashtra State, India

cs@drdatsons.com

Ph: (+91) 22-27402223 / 24

Fax: (+91) 22-27411837

What Next for Rahul Gandhi?

When the scion goes missing, the fiefdom trembles in confusion. With all their eggs in the Rahul basket, Congress is struggling to come to terms with its very own absentee landlord. When a high profile protest rally against the land acquisition ordinance was held at Jantar Mantar, the man of the Bhatta Parsaul moment was absent.

“Nonsense!” Rahul had famously declared storming into Ajay Maken’s press conference and shredding a cabinet approved ordinance by a single word, a royal tantrum no Congress veteran had the guts to oppose, as then PM Manmohan Singh remained abroad, mute and helpless. Rahul and Congress’s plight is a tragic symbol of how sharply political dynasties are declining across India.

Even as politicians rush to anoint their sons as netas – Ram Vilas Paswan’s last somersault from secular parivar to NDA parivar was reportedly to secure son Chirag an MPship – they are missing a crucial message from the voter: Every political dynasty in India today – from Congress to Akali Dal to DMK to SP – is floundering. Sons and daughters are simply failing to live up to mummy’s or daddy’s – or dadi’s – charisma and popularity.

Akhilesh Yadav might have become UP’s youngest chief minister but he clearly needs father Mulayam for his political muscle. Sukhbir Badal is the deputy chief minister in Punjab but draws his political legitimacy from father Prakash Singh’s long service to Akali Dal. DMK still revolves around the persona of a nonagenarian Karunanidhi even as the next generation siblings wage a battle for succession.

The kisan neta legacy of Charan Singh lies tattered in the ever dwindling fortunes of Ajit Singh; Supriya Sule isn’t ever going to have the mass appeal of a Sharad Pawar; while the honorifc ‘supremo’ is an unlikely one for Uddhav Thackeray. Most Congress sons and daughters are like Rahul: Prisoners of their family surname. With the possible exception of Naveen Patnaik, it’s difficult to find a contemporary politician who has overshadowed his father, done a high-achieving Akbar to a paternal Humayun.

Dynasty in politics is dying, or at least increasingly subject to diminishing returns. First generation legacy builders – Nehru or Karunanidhi or Prakash Singh Badal or Mulayam Singh Yadav or Biju Patnaik or even a Devi Lal – were simply too overpowering in personality and achievement, for their descendants to establish an independent identity and agenda and yet remain upholders of the family name. M K Stalin is 62 but still only a ‘son’. Azhagiri even older but he’s still the ‘rebel’. Rahul is approaching 50 but still a ‘youth’ leader.

Political capital is built in subliminal ways in the minds of voters. Nehru struggled in the freedom movement for years. Mulayam in his heyday knew every karyakarta’s name. Jayalalithaa endured years of bruising setbacks to achieve a certain mighty status.

One trait divides the genuine politician from the rest: A complete lack of a sense of privacy. Son of the soil netas from Mamata to Lalu live and operate among people 24×7. The entitled heir shuts his doors at night and disappears on secret holidays. Rahul – and many political children – are shadows of their forebears simply because the tag ‘political leader’ comes as onerous inheritance not as an outcome of years of personal toil and transformation.

In business or entertainment – be it a Hrithik Roshan or a Kumaramangalam Birla – sons can launch themselves using their fathers’ platforms but still have to work hard to establish themselves in a harshly competitive world. And even here, there are many instances – be it an Abhishek Bachchan in cinema or a business house like Mafatlals – where the family surname can eventually become a gilded cage.

Successful parents give you a head start, but you still have to replenish the talent bank. But since feudal deference in our public life dictates that a mere son can never dream of outshining his father, inevitably the family legacy is jeopardised.

Politics today is far too competitive to be resistant to merit. Voters are demanding exceptional talent from those who demand the privilege of living in VIP bungalows and availing taxpayers’ money. When Narendra Modi shrewdly contrasted his ‘chaiwallah’ origins with the Gandhi family, this contrast resonated with an electorate increasingly furious at those brandishing silver spoons.

From a Mahendra Singh Dhoni in cricket to a Shah Rukh in cinema to a Modi in politics, this is the age of the rookie individual who challenges those with powerful daddies. Rahul’s position is deeply paradoxical: How can someone who wants to change Congress entirely insist that his supreme position remain untouched? Genuine glasnost surely means that Rahul himself needs to abdicate first.

Sons and daughters can become severe liabilities for a political party, if inheritors fail to outperform ancestors. The most successful political dynasty in the subcontinent, the Mughals, endured for decades because grandson Akbar far outstripped grandfather Babur as emperor and each generation whether Jahangir or Shah Jahan brought uniquely distinctive talents to their jobs. Post-Aurangzeb, when sons failed to surpass their fathers and grandfathers, terminal decline set in. Will Rahul then be Bahadur Shah Zafar, the last emperor, taking his party with him into the sunset?

Union Budget 2015 may open wider global investments in 2015-16

 

 

Indian and international investors are optimistic about the prospects for accelerating growth in India, after New Delhi revealed a budget that will slow the pace of fiscal consolidation, while stepping up public spending in infrastructure.In his first full budget since Narendra Modi’s government came to power in May, Arun Jaitley, finance minister, said New Delhi would ease off a previously outlined fiscal road map, which was aiming to reduce the fiscal deficit to 3 per cent of gross domestic product by 2016-17.Instead, New Delhi delayed the target a year, using the leeway to invest billions of dollars into infrastructure. The fiscal deficit target for the next financial year, which starts in April, will be 3.9 per cent of GDP, higher than the anticipated 3.6 per cent. The fiscal deficit is currently 4.1 per cent of India GDP.Arvind Subramanian, chief economic adviser, has argued India’s corporate sector is heavily indebted to finance large-scale investments, and the government must kick-start investment.New Delhi’s capital expenditure is budgeted for a 25 per cent increase next year, including a one-third jump in railway investment, a 127 per cent surge in spending on highways, and five new 4,000 megawatt power projects.“The budget is a fine balancing act between fiscal consolidation and creating enabling conditions for growth and job creation,” wrote Rohini Malkani, Citigroup’s chief India economist.Pranjul Bhandari, HSBC’s chief India economist, called the budget “positive” for growth and the rupee, but warned that “having taken a breather from the ambitious fiscal consolidation step”, New Delhi will be closely monitored on its spending.Some warned that New Delhi may struggle to fulfil its ambitious investment targets, stymied by the same problems of land and environmental clearances that hinder private sector projects. Mr Modi wants to make it easier to acquire land for industry and infrastructure, but his proposed changes are facing resistance.“The key thing is going to be the implementation of the infrastructure budget, which of course is tied in closely with the land law, which is again up in the air,” said Atul Punj, chairman of Punj Lloyd Group, the conglomerate. “The money is not the issue. The ability to utilise the money will be the issue.”

Mr Jaitley said the government was planning to prepare large infrastructure projects, with ready clearances, and auction them to private companies to execute — what it called a “plug-and-play” model.

On the tax front, Mr Jaitley reaffirmed his determination to implement a nationwide general sales tax system by April 1 2016, replacing the jumble of local fees and taxes that prevent India from being a single market for goods and services. The GST has long been seen as a “game-changer” for business.

Mr Jaitley also revealed what one analyst called a politically brave plan to cut the nominal corporate income tax rate from 30 to 25 per cent over the next four years, while simultaneously reducing exemptions.This year, New Delhi is scrapping a low-yielding 1 per cent “wealth tax” on fixed assets over Rs3m ($48,700), while raising an existing 10 per cent income tax surcharge on India’s “super-rich” — those earning above Rs10m ($160,000) a year — by an additional 2 percentage points, to 12 per cent.Consumers will also be also affected, as service tax is being increased from 12 to 14 per cent, making much of the discretionary spending of the nascent middle class — on such items as dining out, entertainment, and travel — more expensive.

Mr Jaitley promised a host of structural reforms, including greater use of direct benefit transfers to replace subsidies and the creation of a true bankruptcy law. He also pledged a crackdown on “black money” held abroad, threatening jail terms of up to 10 years in prison.India’s stock market, which fluctuated through a special trading period while the budget was revealed, closed up 0.5 per cent. But while the corporate sector gave the budget a thumbs-up, plaudits were not universal, with some warning that it depended on “optimistic” assumptions about both growth and revenues.Manmohan Singh, the former prime minister, called Mr Jaitley a “lucky” finance minister, who had inherited favourable macroeconomic indicators, due to falling global oil prices. But Mr Singh said the government should use the benign external environment to push fiscal consolidation.“Tomorrow, if anything happens with the oil prices, we will have less cushion to deal with this,” Mr Singh told NDTV news. “I therefore worry there is not enough emphasis on fiscal consolidation and macroeconomic stabilisation.”

Eswar Prasad, an economist with Cornell University and the Brookings Institution, also suggested the budget was a missed opportunity to utilise favourable circumstances as “a launching pad for substantive fiscal and other reforms,” especially major subsidy reform.“This budget takes a few small steps rather than a giant leap, and fails to take full advantage of a propitious alignment of stars for the Indian economy,” Mr Prasad said.

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Biocon Chief Kiran Mazumdar Shaw on Union Budget 2015

The Finance minister’s budget speech was very compelling. He gave me an impression that he has broadly met everyone’s expectations. The fine print of the budget needs to be carefully analysed to understand the impact that this budget would have. Now, it is about delivering what is required to achieve the key points of the 2015 budget proposal, which doubles up as a very good vision document on the direction of the Indian Economy. I think the Finance Minister has touched upon a lot of key areas, but now it is about delivering on the positive proposals put forth in this budget.

In terms of addressing key constituencies, the Finance Minister did a good job of addressing both the social sector and the corporate sector. This budget has certainly raised important questions in the realm of resource management. How do you raise resources and how do you free up resources? The measures taken to monetize gold is a key step forward. Moreover, the budget has made a strong attempt to put money back in the hands of the people. Raising Health Insurance Premiums exemption limit, increasing National Pension Scheme contribution exemption limit along with increasing Transport Allowance exemption effectively means that an individual tax payer can save up to Rs. 4,44,200.

The easing of corporate tax is definitely going to bring cheer to corporates, as it will relieve them of a high tax burden and they can direct their resources to making Investments that help India grow. In terms of other taxation reforms, the government has made a positive move by ensuring that the Wealth Taxes are abolished and 2% surcharge is added to tax individuals whose taxable income is above 1 crore. Apparently, this measure will bring in an additional Rs. 9,000 crores into the government coffers and hence, it is a positive proposal.

Addressing the “Make In India” Mantra

The Finance Minister rightly touched upon the fact that the Skill India and Digital India initiatives are drivers for “Make In India”. The thrust laid on indigenous defence production as well as the focus on renewable energy will certainly push the agenda for “Make In India” forward.

Infrastructure Push

There has been a corpus of Rs. 70,000 crores allocated to Infrastructure, which will definitely lead to the development of major infrastructure projects. Along with the proposal to set up major power plants, the infrastructure push in this budget is set to surge India ahead. The proposal to revitalise the PPP model for infrastructure development and the subsequent bearing of majority risk by the govt. will definitely yield positive results for infrastructure. Additionally, the tax – free bonds in rail roads and irrigation projects will spur investments in critical infrastructure.

Laying the Groundwork to Enable ‘A Startup Culture’

I was impressed by the Finance Minister’s announcement of the Atal Innovation Mission to be established which will draw on expertise of entrepreneurs, and researchers to foster scientific innovations. An allocation of Rs. 150 crores has been made for this purpose. Moreover, it is heartening to see the Finance Minister to allocate Rs. 1000 crores for start-ups. Although, the fine print will give more clarity on this allocation, but nevertheless it is a boost. The talk of creating world class incubators is welcome, as long as they facilitate the creation of incubators by people who know the business.

Access to Health

Healthcare is probably one of the sectors, which hasn’t been given the due importance in this budget. The Finance Minister could have proved its commitment to the universal health coverage and increased public health spending. This was one of the areas, where the budget could have done much more and clearly it failed in this regard.

Having said that, the setting up of AIIMS in Jammu and Kashmir, Punjab, Tamil Nadu, Himachal Pradesh, Bihar and Assam pushes forth Healthcare education and research in these states.

Conclusion

The Finance Minister has certainly laid a very positive roadmap for the future. One can only hope that the govt. delivers on its budget proposals in an effective manner and reaches the destination that it has shown. Clearly, India is Poised and the Flight Path is cleared for takeoff!

Kiran Mazumdar Shaw*