-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...

-The Indian Express Kolkata: Saradha Realty Ltd, which has gone bust now, may be just the beginning of the unfolding of a deeply entrenched Ponzi scheme network involving dozens of other companies in West Bengal, some of which also wield considerable media power given their ownership of television channels and newspapers. According to information available with the union corporate affairs and finance ministries, six companies, against whom market regulator Securities and Exchange...

-CNN-IBN Kolkata: West Bengal Governor MK Narayanan has called a special session of the state Assembly next week beginning April 29 to discuss the chit fund scam. Speaker Biman Banerjee, in fact, has called an all-party meeting at 3 pm on Friday to discuss the special session. But the TMC wants the West Bengal Protection of Depositors' Interest in Financial Institution Bill to be returned by the Centre so that it could...

-The Times of India Parliament's standing committee on Coal and Steel has indicted the government for "totally abusing its powers" in allotting coal mines between 1993 and 2010 through the "most non-transparent procedure" to "few fortunate ones for their own benefit". "The government cannot give largesse on its arbitrary discretion or its sweet will," the committee, under the chairmanship of Trinamool Congress MP Kalyan Banerjee, said in its latest report tabled in...

-The Hindu Bangalore: Byatarayanapura Assembly constituency that was carved out from Yelahanka ahead of the previous Assembly elections has become a hot destination for real estate Developers. Its proximity to the international airport and the six-lane highway that passes through this constituency providing smooth connectivity to the central parts of the city have put real estate development on a fast track here. But this has unleashed its ugly impact as real estate...