Once Adani-heavy, 8 FPIs look to settle with Sebi

Once Adani-heavy, 8 FPIs look to settle with Sebi

Mumbai: More than half a dozen foreign portfolio investors (FPIs) that owned substantial stakes in Adani Group firms are looking to settle securities violation matters with markets regulator Sebi, said people familiar with the matter. They have agreed to pay a certain amount as fines, the people said. The legal representatives of eight FPIs – … Read more

Peace accord 'shameful', political settlement not possible when goals, ideals given up: ULFA(I)

Peace accord 'shameful', political settlement not possible when goals, ideals given up: ULFA(I)

Paresh Barua, leader of the anti-talks faction of the United Liberation Front of Asom or ULFA (Independent), has termed the tripartite peace agreement signed with the pro-talks faction of the outfit as “shameful”, asserting that “political settlement is not possible when revolutionaries give up their goals and ideals”. “We are not surprised, concerned or angry … Read more

Andhra Pradesh Energy Minister promises amicable settlement of issues raised by power sector employees

Andhra Pradesh Energy Minister promises amicable settlement of issues raised by power sector employees

Energy Minister Peddireddi Ramachandra Reddy | Photo Credit: File photo A delegation of power sector employees met Andhra Pradesh Energy Minister Peddireddi Ramachandra Reddy and his civil supplies counterpart Karumuri Nageswara Rao at the Secretariat on June 21 (Wednesday) and conveyed their demands pertaining to salaries and other benefits.  The employees stressed the need for … Read more

Bank unions oppose RBI’s decision to allow compromise settlement for wilful defaulters

Bank unions oppose RBI’s decision to allow compromise settlement for wilful defaulters

Represenatational image | Photo Credit: G. Ramakrishna Bank unions AIBOC and AIBEA have opposed the Reserve Bank’s move to allow lenders to settle loans of wilful defaulters under compromise settlement. The RBI’s recent ‘framework for compromise settlements and technical write-offs’ is a detrimental step that may compromise the integrity of the banking system and undermine … Read more

Drug Makers Reach $26 Billion Deal on Opioid Lawsuits

THURSDAY, July 22, 2021 (HealthDay News) — A proposed $26 billion settlement on opioid-related lawsuits has been reached with four large drug companies, a group of state attorneys general announced Wednesday. If enough states sign on to the deal with the country’s three major drug distributors — Cardinal Health, AmerisourceBergen and McKesson — and pharmaceutical … Read more

$340 Million Settlement Proposed in EpiPen Lawsuits

By Robert PreidtHealthDay Reporter FRIDAY, July 16, 2021 (HealthDay News) — Pfizer Inc. has agreed to pay $345 million in a proposed settlement to resolve lawsuits over steep EpiPen price increases. EpiPens are auto-injectable devices that deliver the drug epinephrine for emergency treatment of a life-threatening allergic reaction called anaphylaxis. In 2016, a number of … Read more