-The Business Standard Chennai: The Intellectual Property Appellate Board (IPAB) today upheld a compulsory licence issued by the Controller of Patents to Hyderabad-based Natco Pharma Ltd, a generic drug maker, to manufacture and sell a cancer drug of Bayer Corp in India. IPAB, however, made changes in the licence order by increasing the royalty payment to Bayer Corp for Nexavar, used to treat liver and kidney cancer, from six per cent to...
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Private guards cannot hold arms without licence, SC told -Utkarsh Anand
-The Indian Express Asked to explain the regulatory framework for private security agencies and use of firearms by their security guards in the wake of the gunfight that led to the killing of liquor baron Gurdeep Singh Chadha alias Ponty and his brother Hardeep in November last year, the Centre on Monday told the Supreme Court that such guards do not have any special rights to hold firearms without licence. Referring to...
More »The Guv keeps the bar high -KT Jagannathan
-The Hindu It took nearly three years for the Reserve Bank of India (RBI) to give a final shape to the government’s decision to let more players in the private sector banking field. That by itself offers a clue to the divide in thinking between the fiscal and monetary managers of the Indian economy. When it did come out with guidelines for “Licensing of New Banks in the Private Sector”, the...
More »India's rice revolution-John Vidal
-The Guardian In a village in India's poorest state, Bihar, farmers are growing world record amounts of rice – with no GM, and no herbicide. Is this one solution to world food shortages? Sumant Kumar was overjoyed when he harvested his rice last year. There had been good rains in his village of Darveshpura in north-east India and he knew he could improve on the four or five tonnes per hectare that he usually...
More »'Many Delhi Buses, Autos Registered Under Fake Addresses'
-Outlook A parliamentary panel, probing road safety issues in the aftermath of the Delhi gangrape case, has expressed serious concern over cases of a large number of buses and autorickshaws in Delhi being registered under fake addresses. The Parliamentary Standing Committee on Transport, headed by CPI(M) leader Sitaram Yechury, felt that criminals got away easily taking advantage of the duality and multiplicity of the policing and security system in the national capital. It...
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