After facing multiple outages that irked the regulator, the country's largest private sector lender, HDFC Bank, is revamping its technology infrastructure by making large scale investments, wherein it is bringing new talent, getting into cloud-native stacks, a shift from the traditional monolithic IT infrastructures, and working with strategic partners for better products and services. The bank management is clear that it will do whatever it takes in line with its growth path to ramp up its technology infrastructure.
US-based pharma giants Eli Lilly and company has filed a case against two Indian drug makers, Aurobindo Pharma and Lupin alleging infringement of patent of its anti-depressant drug Cymbalta.
The Uttar Pradesh Export Corporation Limited (UPECL), a state government undertaking engaged in the development and marketing of handicrafts and handloom items produced in Uttar Pradesh, is set to apply for patenting of Lucknow chikan. Once the office of Intellectual Property Rights (IPR) gives its certificate, chikan would exclusively be linked with Lucknow city.
An Indian pharmaceutical company is gearing up to sell a cheap version of the leading patented antiviral flu drug Tamiflu to emerging economies, in a move that will pitch intellectual property rights against affordable access to medicines.
What we need is some informed debate on what is India's best interest at this particular stage instead of going for a wholesale import of an American system that could prove ineffectual.
The IPR committee of the Britannia board was created in May 2006 to deal with all IPR matters. For the last one year, the committee has been working to resolve the issue of the use and registration of Tiger by Groupe Danone in several countries.
The Bioinformatics Institute of India invites applications for its Post Graduate Diploma Distance Learning programmes.
AvestaBiotherapeutic and Research (ABRPL) has signed a pact with Malaysian Biotechnology Corporation to develop biosimilar (similar biological products) products.
The intellectual property rights battle between Britannia Industries and French dairy and beverages giant, Groupe Danone, is heading for an early breakthrough.
IIT Kharagpur announces a 3-year bachelor's degree course in intellectual property rights.
Swiss pharmaceutical giant Novartis is buoyant about growth prospects and further protection of intellectual property rights in India, despite the setback it suffered in the patent dispute for its cancer drug Glivec last year.
"More than 1.7 billion people in India and Africa do not have access to essential drugs... across the world, about 14 million people die due to infectious diseases and 10 million children die due to vaccine preventable diseases," K Satyanarayana, head of the Intellectual Property Rights Unit, Indian Council of Medical Research told PTI. The pharma industry, he said, should play vital role in making healthcare affordable.
This was announced at the Indo-US Economic Cooperation conference held on Friday.
The PhRMA's observation is significant against the backdrop of Swiss pharma major Novartis AG's decision to relocate its R&D investments from India.
The National Law School of India University, Bangalore, a premier Law University in India, invites application for admission for its Distance Education Programme on law for the Academic year 2008-09.
Even as conflicts between rival brands increase in India, industry experts find the trend encouraging.
Wipro Technologies, the global IT services division of Wipro Limited, signed a licensing and advanced development deal to jointly develop an advanced mobile and remote workforce management system.
The breakthrough for Scrabulous came when it appeared on the social networking site. Now it claims more than 600,000 daily users, making it one of Facebook's most popular applications.
Investing in unlisted shares is not difficult. At any given point, many investors and employees are willing to sell their holdings because they need money. Buyers can negotiate a price with them, suggests Sarbajeet K Sen.
The final report was to be submitted in March but it got an extension till the second week of the monsoon session that began September 14.
"The homeopathy compound screened in vitro at NARI against HIV has been found to have a lot of potential in effectively killing the virus," Dr Ganguly told UNI. However, he refused to name the compound as there were Intellectual Property Rights issues involved. Moreover, there was a memorandum of understanding with the company which had given the compound, which is already being used in treatment of some other disease.
Wipro has entered into a definitive agreement to acquire Oki Techno Centre Singapore Pte Ltd (OTCS), a wholly-owned subsidiary of OKI Electric Industry Co Ltd.
It will take legal action against French food giant Group Danone, for nauthorised use of the Tiger biscuit brand in other countries.
The fight between TVS and Bajaj might remain out of court, but TVS Motor's stand spoke of the company's resolve infused by its chairman Venu Srinivasan.
Bajaj Auto's move to sue TVS comes two days after the Chennai-based company announced plans to roll out its latest 125 cc bike 'Flame' with Controlled Combustion Variable Timing Intelligent (CC-VTi) technology.
The government of Switzerland will not be taking up the allegation by Novartis that Indian patent law is incompatible with the Trade-Related Aspects of Intellectual Property Rights agreement at the dispute settlement board of the WTO.
Financial Technologies India Ltd, the main promoter of India's largest commodity exchange MCX, on Thursday said it has acquired 90 per cent stake in a South Africa-based ICX Platform (Pty) Ltd for $1.5 million (about Rs 6 crore).Financial Technologies has acquired 90 per cent stake in ICX Platform (Pty) Ltd, a technology company situated at Johannesburg, South Africa, the firm said in a filing to the Bombay Stock Exchange.
Chinese telecom gear giant Huawei Technologies has sought permission for access to the government's 'Trusted Telecom Portal' which went live on June 15 so that it can share details about the telecom products which telecom service providers have agreed to buy from it. The move is significant as sources close to the development say that, according to Chinese telecom companies' interpretation, the new National Security Directive on the telecom sector does not in any way prohibit them from participating in the process of selling telecom equipment of any kind to private telcos. The firm is waiting for a response from the government. It declined to comment.
Pharmaceutical industry experts said the US move had come as a boon for the Indian drug exporters as the law could clear the alleged doubts on the quality and the genuineness of Indian pharmaceutical and raw material products.
Royalty terms with Danone for brand on the cards.
Launched in July 2006 by Rajat and Jayant Agarwalla, brothers in their 20s from Calcutta, Scrabulous has become one of the most popular games played by Facebook members and boasts nearly 600,000 daily active users.
The United States wants India to do more in developing a world-class infrastructure, energy security, creation of true national markets and protection of intellectual property rights to attract American investments.
The United States has decided to appoint a treasury attache and an attache for intellectual property rights in India. The US will also appoint a special official to deal with the aviation sector.
US said access to affordable health care entails a large number of factors from rates, logistics to insurance reforms.
India has strong legislation on Intellectual Property Rights but the country still lacks adequate enforcement measures to check leakages such as piracy, a Microsoft official has said.
The domestic pharmaceutical industry and non-government organisations are up in arms against the first ever Indo-US tie-up on intellectual property rights