-The Hindu If a citizen applies to the government for security cover, is the latter bound to oblige him even if he is the country's most wealthy individual? The short answer is yes, provided the government finds the threat credible. Why then has the decision to accord Mukesh Ambani ‘Z' category security - which is second only to the ‘Z-plus' protection accorded to such VVIPs as the Prime Minister, the President,...
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Why Novartis case will help innovation-Achal Prabhala and Sudhir Krishnaswamy
-The Hindu The Supreme Court judgment on Glivec is a blow for a patent regime with a higher threshold of inventiveness On April 1, 2013, the Supreme Court upheld the Intellectual Property Appellate Board's decision to deny patent protection to Novartis's application covering a beta crystalline form of imatinib -the medicine Novartis brands as Glivec, and which is very effective against the form of cancer known as chronic myeloid leukaemia (CML). The...
More »Set up watchdog for electronic media: HC -Utkarsh Anand
-The Indian Express Quoting from a speech of former British prime minister Tony Blair who compared the media to a “feral beast”, the Delhi High Court on Tuesday recommended the Centre to put in place a “statutory regulatory body” for controlling the electronic media. A bench led by Justice Pradeep Nandarajog rejected the idea of “self-regulation” by the broadcasters, underlining that the absence of state intervention on its own was no guarantee...
More »Most big patented drugs skip India -Rupali Mukherjee
-The Times of India Big pharma may be crying hoarse over India's "weak'' intellectual property environment, but over the past five years or so, they have introduced only a handful of their patented blockbusters in the country. That's not all. The contribution of patented drugs in the Rs 72,000-crore pharma retail market is not even 1%, indicating that multinationals have been traditionally slow and have a poor track record in introducing...
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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