-Live Mint Natco Pharma Ltd, which has started selling a generic version of Bayer AG’s patented cancer treatment Nexavar in India at a fraction of the price charged by the German firm, plans to use the so-called compulsory licensing route to try and win the right to copy more patented drugs, said vice-chairman and chief executive officer Rajeev Nannapaneni. The Hyderabad-based company has already identified the patented drugs for which it will...
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What triggered the violence at Maruti’s Manesar factory?-Amrit Raj
-Live Mint Maruti Suzuki India Ltd’s Manesar plant was witness to prolonged labour strife last year, but the violence unleashed on Wednesday that led to one person being killed caught its victims completely unawares. “Some of us jumped off the first floor to save our lives as we saw a mob of workers, hundreds of them, rushing towards us,” one of the injured Maruti officials told reporters at a hospital in Gurgaon...
More »Higher your education, harder it is getting a job-Rukmini Shrinivasan
-The Times of India India's official unemployment rate last year was 3.8%, data released recently by the Labour Bureau shows, but, as always, averages hide many stories. A closer look at the numbers shows that unemployment rises with education level to 10% among graduates, and higher still for backward castes. The Chandigarh-based Labour Bureau under the union ministry of labour and employment released the 'Employment and Unemployment Survey 2012' last week. The...
More »Derecognize parties for blockade? SC asks Centre-Dhananjay Mahapatra
-The Times of India The Supreme Court on Tuesday asked the Centre whether political parties should be de-recognized calling for blockade of rail and road as part of their agitation which severely disrupted lives of ordinary citizens and movement of essential items, including foodgrains. A bench of Justices G S Singhvi and S J Mukhopadhaya posed this question to solicitor general R F Nariman as soon as he presented the Centre's suggestions...
More »Food Bill: PM to discuss changes today
-The Hindustan Times Prime Minister Manmohan Singh has called a meeting on Wednesday to consider uniform legal entitlement of subsidised foodgrains to 67% of the country's population under the National Food Security Bill. The meeting will discuss whether to accept the alternative plan, suggested by over 30 leading experts and economists, for easy and early implementation of Food Bill, a pet project of UPA Chairperson Sonia Gandhi. The experts, including plan panel member...
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