Indiana supreme court
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It is the pity of politics in this country that even the investigations into deaths that went on to trigger one of the most violent riots in post-Independence India are coloured by bias perceived or real. The Gujarat violence was a shaming experience for India and very objectively, people want to know the truth. Justice Nanavati has let down not only the judiciary but also the people of India in concealing the truth. Now they look forward to the findings of yet another body the Supreme Court-appointed Special Investigation Team (SIT) for a more comprehensive view of what happened during Gujarats terrible days of carnage in 2002.
Ban on smoking
INDIA has joined the 70-plus countries with nationwide restrictions on smoking in public places. From October 2, it is an offence to smoke anywhere in any public place in this country. The only places one can still smoke legally are in the privacy of ones home, a park, or while walking on the road, but not at a bus stop. Smoking areas will also be permitted in hotels with more than 30 rooms, restaurants with a seating capacity of 30 or above and in airports; as long as care is taken to ensure that non-smokers do not have to enter or even pass through these areas.
It is now established beyond doubt that tobacco kills
on Monday reported its third-quarter results earlier than planned, revealing a 68 percent profit drop and plans to boost capital by selling stock and halving its dividend. Like most other major financial institutions, Bank of America has been hit by significant losses in mortgages, credit cards and other souring debt.
Citigroup sues Wachovia, Wells Fargo for $60BNEW YORK (AP) Citigroup Inc. said Monday it has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo and the directors of both companies seeking more than $60 billion in damages for interfering with the bank's planned takeover of Wachovia's banking operations. The complaint, brought on Saturday and filed Monday, seeks more than $20 billion in compensatory damages and more than $40 billion in punitive damages from San Francisco-based Wells Fargo - Co. for tortious interference. Citigroup also seeks relief from Wachovia for what it called its bad-faith breach of the banks' contract.
Eli Lilly to buy ImClone for more than $6BINDIANAPOLIS (AP) Eli Lilly - Co.'s winning bid of more than $6 billion for cancer drugmaker ImClone Systems means a billion-dollar payday for former rival bidder Bristol-Myers and vindication for corporate raider and ImClone Chairman Carl Icahn. Lilly said Monday it would pay $70 per share for New York-based ImClone
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