YK MYK BHUMI PEDNEKAR IS BUILDING UP HER STAMINA POST COVID RECOVERY SCREEN & CINEMA Rs. 5 RANCHI SATURDAY, 12 JUNE, 2021 PG-12, YEAR—11, ISSUE—39 (RNI NO: JHAENG / 2012 / 44137) WEATHER TODAY MAX 27 C MIN 22 C Rainfall may occur. AT A GLANCE YES BANK'S ANUP PUROHIT JOINS WIPRO AS CHIEF INFORMATION OFFICER Bengaluru : Wipro Limitedon Friday announced the appointment of Anup Purohit as Chief Information Officer. Purohit brings with him over 25 years of experience across banking and financial services, the Bengaluru- headquartered information technology services major said in a statement. In his most recent role as the CIO of Yes Bank, he was in charge of spearheading business technology transformation and digital innovation strategy, it said. Prior to that, Purohit was associated with financial institutions such as RBL, Barclays and JPMC in leadership roles, where he was responsible for building technology platforms and processes, IT infrastructure solutions and service delivery. Purohit said: "I am excited with the opportunity of joining Wipro and playing a role in the transformation journey. I look forward to draw from my prior experience and knowledge, and endeavour to guide businesses as they move forward in the new digital world". PERFORMANCE, CONSISTENCY AND TECHNIQUE ARE WHAT DEFINE PERFECTION: KOHLI GAMES & SPORTS Morning India Govt considering plea for Rs 4 lakh to Covid victims, SC told NEW DELHI : The Centre on Friday informed the Supreme Court that it was considering a plea to provide monetary compensation of Rs 4 lakh to the family members of those who have died due to Covid19. Solicitor General Tushar Mehta, representing the Centre, submitted before a bench of Justices Ashok Bhushan and M.R. Shah that the issue raised in the PILs is important, and the government would file its response in the matter. Mehta said that the government is contemplating a national policy, and sought two weeks to file its reply. As the bench queried why two weeks were needed, Mehta replied: "As your lordships are aware, the entire machinery is occupied with certain other pressing issues." A counsel appearing in the matter submitted that the death happening because of the black fungus is also result of Covid, therefore, the death certificate must mention this reason. To this, Mehta replied: "Your case is genuine, and it will be addressed by the Central gov- CM fiat to publish JAC results along with other boards MI NEWS SERVICE RANCHI: Chief Minister (CM) Hemant Soren on Friday directed the school education and literacy department to ensure that the results of Class X and the class XII examinations are published close to the date of publica- tions of the different boards. It may be stated here that the CM on Thursday had decided to cancel the class X and class XII 2021 examination to be held by the Jharkhand Academic Council (JAC). The decision was taken in view of the Covid pandemic. The CM said that since the CBSE, ICSE and boards of different states have started the procedure for publication of the results it would be in the interest of students of JAC to publish the results along with the other boards or a few days earlier or later. He said that the education department must ensure this so that the students of JAC do not face problems in getting admissions in colleges. RENOWNED NEUROLOGIST PANAGARIYA SUCCUMBS TO POSTCOVID COMPLICATIONS JAIPUR : Renowned neurologist Ashok Panagariya passed away here on Friday after suffering from post-Covid complications. He was in a hospital for over 25 days as his lungs were damaged even as he recovered from Covid. Panagariya has over 90 research papers in different health journals in his name. He has won UNESCO Award for his medical and social cooperation, and was also conferred the Padma Shri. Chief Minister Ashok Gehlot condoled his death. "Condolences to renowned neurologist and Padmashri Dr Ashok Panagariya who served significant positions in the medical stream. Even during COVID pandemic, he played a significant role as a medical practitioner in the state," he said in a tweet. CORONA METER INDIA TOTAL CASES: 29,274,823 TOTAL DEATH: 363,097 WORLD TOTAL CASES: 175,691,350 TOTAL DEATH: 3,790,489 ernment." After a brief hearing in the matter, the bench said: "The Centre seeks time to file a reply. Solicitor General Tushar Mehta says issues are under consideration and a reply will be filed.., List these petitions on June 21." Two PILs were filed by advocates Gaurav Kumar Bansal and Reepak Kansal seeking court's intervention for payment of Rs four lakh ex-gratia amount to Covid victims' families. On May 24, the court had sought a response from the Centre on the plea, and also asked it to inform whether there was a uniform policy on issuance of death certificates, when cause of death was Covid. The bench had noted that said many time reasons given in a death certificate can be heart attack or lung failure, but these could be triggered by Covid-19. Bansal cited Section 12 (iii) of the Disaster Management Act (DMA) providing for ex gratia monetary compensation for the families of those who died during a notified disaster. "It is respectfully submitted that as per Section 12 of the Disaster Management Act, 2005 it is the fundamental duty of National Disaster Management Authority to provide minimum standards of relief to persons affected by disaster....," said his plea. PM Modi meets Shah, Nadda amid Cabinet reshuffle buzz NEW DELHI : Prime Minister Narendra Modi on Friday held deliberations with Home Minister Amit Shah and BJP president J P Nadda amid speculation about a reshuffle in the Union cabinet, an exercise Modi has not undertaken since forming the government for a second time in May 2019. There is also a growing buzz about the Cabinet expansion in Uttar Pradesh after Chief Minister Yogi Adityanath met the BJP top brass during his two-day visit to the national capital. Sources, however, added that Modi has been meeting Union ministers in different batches of late, and Nadda has also been present there. The deliberations among the top BJP leaders at the prime minister's residence came a day after Shah also met party allies from Uttar Pradesh, including Apna Dal's Anupriya Patel who was a minister in the first Modi government but was not inducted in the next. There has been no official word from the party on these deliberations. The BJP has of late engaged in the review. Mukul Roy returns to Trinamool, Mamata says 'more to follow' KOLKATA : In a big blow to the Bharatiya Janata Party (BJP) in West Bengal, its allIndia Vice President and MLA Mukul Roy joined the Trinamool Congress on Friday along with his son Subhrangshu Roy, almost four years after deserting the Trinamool camp for the saffron brigade. Chief Minister Mamata Banerjee, who was present at the Trinamool Bhavan during the meeting to induct Roy back into the party fold, said that more people will come out of the BJP and join the Trinamool Congress. Roy and his son were greeted back into the Trinamool by its all-India General Secretary, Abhishek Banerjee. "Mukul (Roy) is our old member and he has come back. He was not in a good condition in the BJP because the saffron party created pressure on him through agencies, as a result he was not in mental peace. I was watching that his health condition had also deteriorated because one cannot stay in the BJP. It is a heartless party and no human being can stay there," Mamata Banerjee said. Roy, who had left Trinamool Congress in 2017, said, "I am having a nice feeling for being among familiar people again. This has a kind of homely atmosphere. I am confident that West Bengal will again reach to the top under the leadership of our leader and Chief Minister Mamata Banerjee." When asked what made him return to the Trinamool, the former all-India General Secretary of the party said, "I shall not work for the BJP again, so I have come back here." Denying having any difference with Roy even when he was in the BJP, Mamata Banerjee said, "Even when he was in the BJP, he never said anything against me or the party. He has always been good with our party leaders. Even during the elections, he was quiet about our party." Hinting that more people from the BJP are likely to join the Trinamool, the Chief Minister said, "Trinamool will welcome everybody who is sober and gentle. But there are some people who betrayed the party before the elections and badmouthed the Trinamool leaders. They are betrayers, and the party will never accept them." NIA files supplementary charge sheet against CPI (Maoist) leader in MLA murder case Commuters face rainfall at night in Ranchi on Friday. Hement Sutradhar NEW DELHI : The National Investigation Agency (NIA) on Friday filed a supplementary charge sheet against Sake Kalavathi, Area Commander of the CPI (Maoist), in connection with the murder of Kidari Sarveswara Rao, Araku MLA of Andhra Pradesh. A NIA spokesperson here said that the agency filed the charge sheet against Kalavathi under several sections of the IPC, Unlawful Activities (Prevention) Act and Arms Act before a Special NIA court in Hyderabad. The anti-terror probe agency official said that during the probe it was revealed that Kalavathi had joined the proscribed terrorist organisation 20 years ago and was an Area Committee member of the organisation at the time of her arrest. "She is the wife of Kakuri Peddanna, a State Zonal Committee member of CPI( Maoist) and she, along with her husband and other coaccused persons was part of a 40 member team which was camping in Dumbriguda 15 days prior to the incident of the murder." "She was an armed cadre of CPI (Maoist), used to carry INSAS Rifle and was instrumental in providing logistics support to the team that carried out the killing of Rao, the then MLA of Araku and Siveri Soma, ex-MLA of Araku," the official added. The case was originally registered on September 23, 2018 at Visakhapatnam relating to the murder of Rao, Araku MLA and Soma, exMLA, by armed cadres of CPI (Maoist) at Livitiputtu village in Dumbriguda Mandal, Visakhapatnam. The NIA had re-registered the case on December 6, 2018. After investigation, the NIA had filed the charge sheet against nine accused persons. Why big pharma had a responsibility to profit from the pandemic MICHAEL JAMES BOLAND CORK : The Conversation) The pharmaceutical company Pfizer expects to earn up to US 26 billion ( 18 billion) this year from the sale of its COVID-19 vaccine. Profits for the first quarter of 2021 are apparently 44% higher than they were a year ago. Similarly, Moderna expects to make US 18.4 billion ( 13 billion), and record its first ever profit this year. This has led some to ask whether it is right for these big drug companies to effectively profit from the pandemic especially in light of commitments from competitors Johnson & Johnson and AstraZeneca to sell their vaccines on a non-profit basis. From a moral point of view, one might think such huge sums are unacceptable when so many industries the arts, hospitality, retail, travel, to name but a few have taken such a hit from lockdowns and social restrictions. On the other hand, it could be argued that pharma companies have both a business and a social responsibility to use their profit-making model to provide the world with vaccines. Indeed, corporate law supports this position. There's a long-standing divide in this area of corporate legal research. On one side are those who see the corporation as a profit max- imising machine for shareholders. On the other are those who believe that while profit making is a necessary corporate objective, the corporation also has responsibilities towards its employees, the environment, its community and society at large. Those of us who take the latter view do so partly because it is supported by practices across the common law world countries including the UK, Ireland, the US, Canada and Australia, where decisions of the most senior courts are sources of law and are binding on other courts dating back to the 19th century. This approach recognises the corporation as an entity distinct from its shareholders. But not only is this view of corporate responsibility legally correct, it is also the socially responsible view of the corporation because it recognises the wider consequences of a profit at all costs mentality. It takes into account the human side of business, such as the impact on workers and local communities when factories close and production is outsourced to places with lower wage costs (and often less regulation). This view of what a corporation should be fully accepts the essential role shareholders have in providing capital to fund expensive research and the development of essential products. But it also recognises those other essential roles of employees who provide their talents and labour, and of society in providing demand for goods and services. Seeing as the corporation could not function without every stakeholder playing their part, all of these and other interests should form part of the decision making process. And it seems as though this is what Pfizer and Moderna have done. Surely it would have been more troubling if their management teams had chosen not to work on a COVID-19 vaccine because of the huge financial costs involved, and the reputational costs that would inevitably follow if their attempts failed. Corporations deciding to take the cheaper route to secure their bottom line is all too familiar. A big pharma executive could legitimately have argued that looking the other way during a global pandemic and thus avoiding all the potentially crippling externalities associated with the development of a brand new vaccine might be the safest option. But this was not the path that Pfizer for example chose when it weighed up the various factors in play, including the societal benefits of a COVID19 vaccine, the associated business risks of such a venture, and of course the chance to increase profits. Risks and rewards : Moderna and Pfizer (and its development partner BioNTech) also did exactly what the corporate law frameworks in their respective countries required. In the US, where Pfizer and Moderna are based, the Supreme Court has recognised that corporations have responsibilities beyond exclusively going after profit. Also, most states have enacted so called constituency statutes , which make it clear that management can consider any or all groups affected by the corporation's actions shareholders, employees and yes, the wider community. The same is true in Germany, home of BioNTech, which first developed the Pfizer vaccine. The broad obligation on management in German corporations is to work in the interests of the company .