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Delayed monsoon powers sales of inverters, batteries-Sarita C Singh

-The Economic Times Sales of inverters and batteries jumped about 30% for the quarter to June, as a delayed monsoon pushed up power consumption in energy-deficient India.  Manufacturers of power backup systems say they expect good profits this year, as the increase in sales will offset the rise in input costs due to a weak rupee. The country's largest battery maker Exide Industries said growth was robust despite a 4%-5% rise in prices....

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Maruti workers brutally hunted company brass-Pankaj Doval

-The Times of India Maruti Suzuki workers who went on the rampage on Wednesday evening appear to have systematically and mercilessly "hunted" senior executives. At least 26 executives have sustained fractures, with several having multiple injuries, as the protesters used everything from rods to car parts. General manager, human resources, Awanish Kumar Dev died in the fire after both his legs were fractured in the thrashing by workers and he was left...

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What triggered the violence at Maruti’s Manesar factory?-Amrit Raj

-Live Mint Maruti Suzuki India Ltd’s Manesar plant was witness to prolonged labour strife last year, but the violence unleashed on Wednesday that led to one person being killed caught its victims completely unawares. “Some of us jumped off the first floor to save our lives as we saw a mob of workers, hundreds of them, rushing towards us,” one of the injured Maruti officials told reporters at a hospital in Gurgaon...

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Natco targets drugs ripe for compulsory licensing-Viswanath Pilla

-Live Mint Natco Pharma Ltd, which has started selling a generic version of Bayer AG’s patented cancer treatment Nexavar in India at a fraction of the price charged by the German firm, plans to use the so-called compulsory licensing route to try and win the right to copy more patented drugs, said vice-chairman and chief executive officer Rajeev Nannapaneni. The Hyderabad-based company has already identified the patented drugs for which it will...

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Take this patient to ICU-Pushpa M Bhargava

A cure for India’s health care ills is within reach provided there is political will In most developed — and many developing — countries today, a 12-year school education and universal health coverage (UHC) are the two primary responsibilities of the state. India has failed miserably on both counts. Let us look at some of the problems of medical and health care: • Fifty years ago, when there was no commercialisation of...

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