-The Business Standard The Novartis verdict by the Supreme Court emphasised the importance of flexibilities in drug patent laws, in contrast to Western countries which are seeking TRIPS-plus hardening through free-trade agreements As curtains on the six-year-long legal tussle with Swiss drug giant Novartis AG finally came down earlier this month, the Indian government did not waste a second in hailing the Indian patent law which it said was in "full...
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President Pranab Mukherjee hits out at MNCs for their ‘intent to dodge tax’
-The Times of India NAGPUR: President Pranab Mukherjee on Monday slammed multinational Companies saying they only looked for oversees locations with an intention to dodge taxes, raising eyebrows at a time when the country is desperately wooing foreign capital to plug a widening current account deficit. Addressing a function at the National Academy of Direct Taxes (NADT), Mukherjee said more than three-fourths of business transactions nowadays took place through the units of...
More »Coalgate: You don't need to take instructions from political masters, SC to CBI
-The Indian Express In a big embarrassment to the government in the Coalgate case, the Supreme Court today termed as 'very disturbing' the CBI affidavit on sharing its report with the Law Minister and others and slammed the agency for having kept the court in the dark on the issue. Hearing the coal blocks allocation scam case in a packed courtroom, the bench said 'suppression' of the fact that CBI has...
More »Famine sucks life out of Maharashtra's Touring Talkies
-PTI PANAJI: Sitting on the Mandovi river bank here, where he has set up his maiden Goa show of the 107-year-old Touring Talkies, Vijay Kulkarni has mixed feelings. He is excited about the fact that this is the first time time that the Touring Talkies has traveled outside Maharashtra. "But this may be the last time too," says 65-year-old Kulkarni, the owner of Sri Ram Touring Talkies and Vijay Touring Talkies. According to him,...
More »The Mamata Banerjee story is over...-Aditi Phadnis
-The Business Standard A trail of unfulfilled promises follow her in rural and urban Bengal The furious letter-writing since 2010 about the chit fund industry in West Bengal suggests that everyone knew the industry was going to implode. Bengal has one of the highest rates in small savings, Trinamool Congress (TMC) leader Somen Mitra wrote to the prime minister in 2011. The state buys the highest number of new life insurance policies, and...
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