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FALSIFIED INFORMATION IMPACT
$20,000,000 scam at 30,000 feet: How Mount Everest guides made trekkers sick for hefty insurance gainsNepal's tourism faces a $20 million insurance fraud crisis after trekking guides allegedly poisoned tourists to stage fake medical emergenc...- Gensol promoters Anmol Singh, Puneet Singh Jaggi step down after Sebi order; co denies talk of merger or saleAnmol Singh Jaggi and Puneet Singh Jaggi, promoters of Gensol Engineering, have resigned. This follows a Sebi order that barred them from t...
- UK universities join retreat from Elon Musk's X, citing misinformation on platformMany universities in the UK have reduced or stopped using X (formerly Twitter) due to concerns over misinformation, violence, and declining...
- USFDA pulls up Eugia for manufacturing lapses, data accuracy at Hyderabad plantThe US Food and Drug Administration (USFDA) has issued a warning letter to Eugia Pharma Specialities, a subsidiary of Aurobindo Pharma, cit...
- I should have worn make-up, says Trump Jr as he attends father's $250 million fraud caseSon of former President of US Donald Trump is the first of three children to testify in the $250 million New York civil fraud case. Despite...
- How to save your crypto assets from phishing attacksPhishing attacks have become a major threat in the realm of digital dangers, including the world of cryptocurrency. These scams exploit hum...
- More India-made cough and cold syrups under WHO lens"To date this situation has impacted more than 20 products with two countries of origin (India & Indonesia) and more than 15 different manu...
- UBS analysts see fake AI content feeding market disruptionsIn an ESG investing op-ed published Friday, UBS analysts Annabel Willder, Victoria Kalb and Julie Hudson listed all the ways in which the i...
- Coal Scam: CBI seeks maximum jail term for former Coal Secy H C Gupta, othersIt termed the coal scam as "one of the biggest scams of the country", which allegedly caused a loss to the tune of Rs 1.86 lakh crore to th...
- Ericsson to pay $97 million to Nokia for after settling damages claimSwedish telecom gear maker Ericsson said the settlement with Finnish peer Nokia Oyj would impact operating profit by €80 million and cashfl...
- India lost USD 13 billion to trade misinvoicing: ReportApproximately USD 4 billion was due to export misinvoicing and approximately USD 9 billion due to import misinvoicing.
- IL&FS case: SFIO files first chargesheetSFIO accused BSR & Co and Deloitte Haskins & Sells and others of concealing info and falsifying accounts.
- Govt set to provide financial assistance to minority investors for class action lawsuitsThe concept of the class action suit, that provides an option for investors to seek remedy as a group, is well known in Western countries.
- Sebi seeks greater powers to inspect books, financial records of listed firmsSebi has proposed a heavy penalty for altering, destroying, mutilating, concealing or falsifying records.
- FIPB officers examined by CBI did not say Karti Chidambaram approached them: High CourtThe high court noted that the senior FIPB officers had merely informed CBI that if the past history of the case been brought to the notice ...
- US ban on Divi’s Labs may dent profitability by up to 25%The USFDA has sent an import alert to the company for its manufacturing unit located in Vishakhapatnam for violation of Good Manufacturing ...
- New drug pricing policy may hit revenues up to 5%: Dr Reddy's"The National Pharmaceuticals Pricing Policy, 2012, may impact Dr Reddy's Laboratories revenues by 3-5 per cent from India,"
- Ranbaxy 'systematically violated' good manufacturing practices: WhistleblowerThe Generic drugmaker pleaded guilty to felony charges related to drug safety and will pay $500 mn in civil and criminal fines.
- Mrs Margaret Thatcher & the political economy of courageCommentators who disliked Margaret Thatcher’s policies would often say she was a “polarising figure”.
- Investors at risk as US FDA gets tough with drug cosRecent warning letters issued by US Food and Drug Administration, to manufacturing units of Indian pharmaceutical companies, have significa...
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