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What the CVS-Aetna deal means for the future of health care When drug company chief executive Heather Bresch was hauled in front of Congress last year to defend the high price of lifesaving EpiPens, she drew skeptical lawmakers' attention to a large poster board that blamed the skyrocketing price tag on a coterie of drug supply chain middlemen. Of EpiPen's $608 list price, her company, Mylan, received only $274, Bresch said. "What the patient is paying is not . . . coming back to Mylan," Bresch said. "And when we were speaking earlier of the people, the middlemen in the system, that's either the pharmacy benefit managers, retailers, wholesalers, insurers." That supply chain — rarely seen by most consumers — is the center of attention in the corporate world after CVS Health announced a $69 billion deal to buy Aetna, the nation's third-largest insurer. Familiar as a corner drugstore, CVS Health actually makes most of its money from one of t...

OPINION | Dear Congress, Either Join The Tea Party, Or Lose T-Shirt In Gujarat The BJP understands, as the Congress does not, that tea symbolizes all the fuzzy warmth of Indian culture. It is a great leveller — from the richest to the poorest, everyone drinks tea. Mahatma Gandhi famously took his tea with a pinch of salt. It was 1931, the Salt Satyagraha was a year old and his tea-serving host was the British Viceroy, Lord Irwin. Had the Indian National Congress recalled that little soupcon of history, it would not have put out a meme of a British Prime Minister ordering another Gujarati (PM Narendra Modi) to ‘go sell tea’. The Mahatma was no great votary of tea, but was a master of symbolism. Gently rubbing salt into the Imperial wound, he twinkled, “To remind us of the famous Boston Tea Party”. An exquisite reference to the genesis of American Independence, with the implicit promise of freedom for India. If only today’s Congress understood the power of symbols a tenth as well. ...

These three powerful winter fruits can help you lose weight, burn belly fat instantly New Delhi:  You already know that weight loss is a full-time endeavour and not something that can happen overnight. Of course, a healthy weight loss also involves consistency, planning, dedication, and a little determination. It also involves employing strategies that enhance your happiness, overall health, and well-being, like adequate sleep, stress management, etc. And when you are trying to shed those extra pounds you have gained, every meal or bite of food you take counts. And that's why it makes sense to research the best foods that can help you burn fat faster, ensuring that they are included in your daily diet.  While fruits are very nutritious and a smart part of a healthy diet, the fact is that not all fruit is created equal. They can have different effects on your health and weight. Studies have shown that certain fruits can actually help you lose weight faster and eas...

Nano to make a comeback with electric model MUMBAI: The Tata Nano is making a comeback, with an electric motor under the hood. Tata Motors, the manufacturer of the car once touted as the cheapest in the world, however, has only a limited role this time.  A Coimbatore-based company, Jayem Automotives, has signed an agreement with Tata Motors to source the body shell of the car, which will then be fitted with an electric motor and power train at its facility in the southern city, people in the know of the matter told ET.  It is expected to travel more than 150 kms on a full charge. An announcement of the vehicle's launch is likely in the next few days. The company already has orders for 400 electric Nanos from taxi aggregation platform   Ola   Cabs, the people said.   Autocar India magazine reported the news first. According to the report published on its website Wednesday, the vehicle, to be badged Jayem Neo, will likely be ...

Ambani Vs Ambani: How Have the Brothers Fared Since Their Split? Mukesh Ambani’s Reliance Industries Ltd sold dollar bonds at the cheapest rate by a non-financial Indian issuer this week. That came days after his younger brother Anil Ambani’s Reliance Communications Ltd defaulted on its bond payments. It somewhat sums up how the fortunes of the billionaire siblings have diverged since their split in 2006. As part of the family settlement, the older Ambani got oil refining, exploration and petrochemicals businesses housed under RIL, the owner of the world’s largest refinery in Jamnagar, Gujarat. The faster-growing financial services, infrastructure and telecom businesses went to the younger brother. More than a decade and a gas dispute later, Mukesh Ambani now also has a large retail business and a data-driven wireless carrier that has triggered a tariff war. Anil Ambani’s businesses haven’t fared that well. Reliance Communications, under pressure due to piling deb...

Data at Rs. 199 to Take on Free Jio Calls Vodafone is taking on Jio's free calls with the new Rs. 199 prepaid pack HIGHLIGHTS The offer is only available in Delhi-NCR circle There are daily and weekly caps to the bundled calls Vodafone is providing 1GB data for the entire 28-day period The entry of Reliance Jio in the telecom sector last year upended how the industry works, with data at rates lower than ever before and calls becoming completely free. Incumbent operators like Airtel and Vodafone soon responded with data-heavy plans at tariffs competitive with those of Jio. Now is the turn of voice calls as Vodafone has come up with a new plan for Delhi-NCR circle that provides bundled calls and data. This prepaid recharge plan to rival Jio comes within days of Aircel launching a Rs. 104 packthat lowers call tariff to 20 paisa per minute for 365 days. The new Vodafone plan is priced at Rs. 199 and comes wi...

Teen model ‘auctions virginity’ for $3 million to pay for her education Using an online German website, a teen model claims to have auctioned her virginity for $3 million. The 19-year-old shot a video of herself explaining that she was doing this to pay for her school fees and also to travel in future. NEXT Teen model Giselle chose to auction her virginity but didn’t ‘dream that the bid would rise so high’. (Source: Bootymotion TV/YouTube) An American student and part-time model, who goes by the name Giselle, has claimed that she’s sold her virginity to an Abu Dhabi businessman for $3 million (approx Rs 19.5 crore). According to the Cinderella Escorts website, which is a Germany-based escorts service where the auction took place, the highest bidder was a businessman from Abu Dhabi with €2.5 million, the second highest bid was by a Hollywood actor from Los Angeles with $2.4 million, trailed by bid of $1.8 million from a Russian politician. Giselle, who is 19 years old...