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The first beneficiary in Maharashtra, who received health card from Sonia Gandhi, is not poor as claimed, but owns a well-built home that has an air conditioner, claims ABP Mazha
According to a news report from the channel, Shakuntala Bhagat, who was handed over the health card by none other than United Progress Alliance (UPA) chairperson and Congress chief Sonia Gandhi at the Kasturchand Park in Nagpur on 21st November, owns an eight room house in Wadi village. Bhagat uses six rooms for her family, while two are given on rent.
Bhagat's home has TV set, sofa set, bed, good kitchen, gas stove and other necessary furniture. She even owns an air conditioner. Bhagat who wears a thick golden chain had studied till sixth standard. Her family consists of her two sons, two daughter-in-laws and grandchildren. One of her sons is in transportation business and owns two trucks. Bhagat's other son works in a private company.
Surprisingly, as per the terms and conditions of RGJAY, the beneficiary's total annual income should be less than Rs1 lakh. However, looking at the living standard of Bhagat, the first beneficiary of the Scheme in Maharashtra, it looks like the real beneficiaries would be again deprived benefits of social scheme as usual.
Local Congress leaders who proposed Bhagat’s name, played ignorance about the financial condition of Bhagat while speaking with the news channel.
The health card facilitates free surgeries of 971 different kinds, including kidney and heart operations, costing up to Rs1.5 lakh for 2.11 crore potential beneficiaries in the state (with annual income up to Rs1 lakh) at any of the empanelled private and government hospitals.
Pfizer made 52-week high on announcement, on news that it is to merge with wyeth for creating single Pfizer brand, to expand across multiple therapeutic categories
Pfizer India Ltd (Pfizer) and Wyeth India Ltd (Wyeth), said their board of directors in their respective meetings on Monday, approved a proposal to merge Wyeth with Pfizer.
Based on the proposed merger swap ratio, Pfizer will issue around 1.59 crore new equity shares to Wyeth shareholders, as consideration for the merger. The shareholders of Wyeth will get seven shares of Pfizer for every ten shares of the company (Wyeth).
“The combined entity would have an increased therapeutic presence and a de-risked business profile. The merger process would require several approvals and we anticipate this will take approximately another nine months,” said Aijaz Tobaccowalla, managing director, Pfizer and Wyeth.
Pfizer and Wyeth are going to merge for creating a single Pfizer brand. It will help company to strengthen the India operations through expansion across multiple therapeutic categories, unifies management focus and combines the talent pool, Increases long-term value for all stakeholders.
Pharmaceuticals companies Pfizer and Wyeth have also announced an interim dividend of Rs360 per share and Rs145 per share respectively.
The merger process is expected to be completed in over next nine months after getting the key approvals from shareholders of Pfizer and Wyeth. Approvals from SEBI, stock exchanges, Foreign Investment Promotion Board (FIPB), Jurisdictional High Court of Bombay are required for the merger as well.
On Monday, Pfizer hits its 52-week high at Rs1,648 before closing 12.14% up at Rs1,605 while Wyeth ended the day 13.6% higher at Rs924.80 on BSE. The BSE 30-share benchmark closed 387 points up at 20,605.