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UNETHICAL MARKETING PRACTICES
Insurance brokers oppose IRDAI's proposed reforms on caps on commissionsIndian insurance brokers are opposing regulatory proposals that include caps on commissions paid to various distributors. The Insurance Reg...
Bengaluru restaurant bodies warn of Swiggy, Zomato boycott in 15 days over commissionsBengaluru restaurant owners are threatening a boycott of Swiggy and Zomato. They demand lower commissions and customer data sharing from th...
Quote of the day by John Neff: "When you get to these frenzied markets, it drives managements or portions of managements to hanky-panky"John Neff warned that market euphoria often encourages poor corporate decision-making. Excessive optimism can pressure executives into ques...
- SC asks if norms in place 'actually implemented' in matter over unethical pharma practices
The Supreme Court addressed concerns regarding the implementation of the Uniform Code for Pharmaceutical Marketing Practices (UCPMP) 2024, ...
AbbVie Healthcare India rejects wrongdoing allegations by the Department of PharmaceuticalsAbbVie Healthcare India has denied accusations of unethical marketing by the Department of Pharmaceuticals, asserting their compliance with...
AbbVie Healthcare under government lens for 'violations'The department of pharmaceuticals (DoP) reprimanded AbbVie Healthcare India for unethical marketing practices involving over ₹1 crore spent...
Need to pull up those pill-pushersHealth issues can lead to financial crises. UCPMP tackles unethical practices like Dolo-650 controversy, CBDT accusations. Requires support...
Govt notifies new marketing code for pharma industryThe government has implemented a new Uniform Code for Pharmaceutical Marketing Practices (UCPMP) to control unethical practices in the phar...
Pharma firms may face legal action for unethical marketing practicesThe committee is supposed to submit its report in 90 days. It has been tasked to examine the provisions of stakeholder departments with res...
Mobile retailers' body to seek govt intervention against e-commerce onslaught"The situation is extremely fragile due to the unethical, discriminatory, and monopolistic business practices by online sales platforms. Se...
8,700 pharma firms in India claimed tax deductions for ‘gifts’Around 8,667 pharmaceutical companies claimed income tax deduction under “sales promotion expenses” and “gifts” during 2019-20, the income ...
Department of Pharmaceutical asks industry to regulate promotional practicesThe DoP secretary has told both the domestic and multinational pharma lobby groups along with the medical device industry to “strictly” com...
Code prohibits doctors from taking gifts from pharmaceutical companiesHealth Minister Harsh Vardhan said that the code of conduct for doctors in their relationship with pharmaceutical and allied sector industr...
Government to make pharma marketing code mandatory: Hansraj Gangaram AhirGovernment has decided to make Uniform Code of Pharmaceutical Marketing Practice (UCPMP) mandatory in order to control unethical practices.
MNCs doing unethical business, disrespecting laws: Swadeshi Jagran ManchIt also sought a thorough probe into all food products sold in India by Chinese companies.
Pharma companies adopt tough ethical normsAfter facing flak for illegal drug trials, and unethical marketing practices, the pharma industry seems to be pulling up its socks.
- Mulling a uniform code of pharma marketing practices: Govt
The minister said there were reports in newspapers that some unethical marketing practices were being followed by certain pharma companies.