'Public sector insurance firms defeating govt's objectives'
The apex consumer commission has imposed a punitive cost of Rs 10 lakh on a public sector insurance company for wrongly denying claims of several people, saying such firms "are always at their best in defeating noble objectives of any welfare scheme".
May 17, 2015, 09:22 AM IST
Pharma firms earn excessively; govt asked to reduce MRP of drug
Allowing pharma companies to earn excessive profit is against the principles of morality and ethics, the National Consumer Commission has said, directing the Centre to reduce the MRP of a drug for checking effects of non-cancerous tumor on which Novartis make over 100 percent gain.
Aug 05, 2014, 23:39 PM IST
