-The Hindu Moscow: Ahead of a key government-level interaction with Russia here on Monday, India has sought to assure Russia that it is not deliberately delaying the startup of the Kudankulam plant with the motive of thrashing out liability issues in that project and others proposed elsewhere in the country. To show its sincerity, India is dispatching a key Nuclear Power Corporation of India Limited (NPCIL) official M. I. Joy from...
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The Larger Implications of the Novartis Glivec Judgment-Sudip Chaudhuri
-Economic and Political Weekly The Supreme Court judgment on the Novartis-Glivec case is remarkable because it has gone beyond the specific technical and legal issues surrounding patents and has put the matter in a much larger political and economic perspective. The deeper implication of the judgment is that it is not only justified to deny patents when incremental innovation is trivial as in the Glivec case. The judgment has linked the...
More »Modi’s Pals-Himanshu Upadhaya
-Hard News While Narendra Modi's apologists will selectively quote from the latest CAG audit report on state finances that revenue earning has registered an upswing, they will compulsively forget that "the fiscal deficit of Rs 11,027 crore in 2011-12 was met out from a net borrowing of Rs 15,083 crore". The CAG has remarked that "an increase of 41 per cent in the market borrowing in 2011-12 over previous year for...
More »Four valves at Kudankulam being replaced, says AERB-P Sunderarajan
-The Hindu Overdue commissioning of plant could be further delayed The Atomic Energy Regulatory Board (AERB) on Friday acknowledged that four valves were found defective during tests at the Kudankulam nuclear power plant in Tamil Nadu and said they were being replaced. In a press release, the Board also indicated that the long overdue commissioning of the plant could be further delayed as the new valves were again being put to the test....
More »Indian Express-ICIJ probe: Vijay Mallya, Ravikant Ruia in tax havens -Ritu Sarin
-The Indian Express The 612 Indians on the list of those who have invested in tax havens such as the British Virgin Islands include two MPs, a former royal and top industrialists. RITU SARIN puts together details of 20 among them SONU LALCHAND MIRCHANDANI Mirchandani is the founder of popular consumer electronics firm Onida. Mirchandani and his wife, Soni, opened a BVI company called Strong Wing Overseas Ltd in 2006 with an authorised...
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