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Generic drug manufacturer agrees to $500 million penalty

By AP News Tue, May 14, 2013 11:51AM UTC 0 Comment

WASHINGTON (AP) — A subsidiary of India’s largest pharmaceutical company has agreed to pay a record $500 million in fines and penalties for selling adulterated drugs and lying to federal regulators in a case that is part of an ongoing crackdown on the quality of generic drugs flowing into the U.S. Federal prosecutors said Monday...

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2 Indian ministers resign in latest gov’t scandals

By AP News Sat, May 11, 2013 11:14AM UTC 0 Comment

NEW DELHI (AP) — Two key Indian ministers resigned late Friday in the latest political and financial scandals to tarnish Prime Minister Manmohan Singh’s minority government less than a year before parliamentary elections. The opposition blocked proceedings in Parliament after the scandals came to light more than a week ago, demanding the resignations of the...

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China, India gloss over border incident at meeting

By AP News Fri, May 10, 2013 11:36AM UTC 0 Comment

Indian protesters of right wing Shiv Sena party protesting the border incident in New Delhi earlier this month. Pic: AP.

BEIJING (AP) — The foreign ministers of China and India have glossed over a recent standoff along their countries’ disputed border in an apparent sign that the incident will not harm future high-level contacts. China remains committed to a negotiated resolution of the border dispute, Foreign Minister Wang Yi was quoted as telling Indian External...

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Analysis: Money talks in India’s Karnataka poll

By Nilanjan Mukhopadhyay Thu, May 09, 2013 12:44PM UTC 0 Comment

Congress party leader Siddaramaiah celebrates with supporters Wednesday. Pic: AP.

State election result proves corruption is no obstacle for Indian politicians In March 2003, India’s election commission made it mandatory for all candidates to submit legally sworn testimonies detailing their assets and liabilities along with nomination papers. The order was part of electoral reforms after a sustained campaign to check the role of money power...

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India’s Congress party wins key state election

By AP News Thu, May 09, 2013 11:16AM UTC 0 Comment

Congress party supporters celebrate Wednesday. Pic: AP.

NEW DELHI (AP) — India’s ruling Congress party, which has been battered by corruption scandals, won a much-needed victory Wednesday in an election in a key southern state. The party wrested power from the Hindu nationalist Bharatiya Janata Party in Karnataka. The voting was watched as a possible bellwether for next year’s national elections. The...

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