Artificial Intelligence-first business strategy adopted by Infosys is working well for the company despite unresolved ethical and IPR issues around the technology, Infosys chairman Nandan Nilekani said on Wednesday. In his address at Infosys' 42nd Annual General Meeting, Nilekani said the company can be more efficient while nurturing readiness for growth, given its performance in challenging scenarios created by inflation, interest rates, geopolitics, demand volatility and supply chain dislocations. "Several practical, ethical and intellectual property-related issues, when it comes to AI remain unresolved.
The council resisted intense pressure from the powerful manufacturing, pharma and other trade lobbies that have urged the Obama administration to enact punitive measures against India for a laundry list of alleged intellectual property and patent violations.
In a relief to industry, the government has accepted a parliamentary panel's recommendation on allowing cartels to opt for the settlement scheme under the Competition Amendment Bill, according to official sources. The proposed Bill seeks to introduce a clause for settlement and commitment that offers any enterprise against which an inquiry has been initiated to file an application for settlement. The Parliamentary Committee on Finance had suggested including cartels in the scope for settlement "as a pragmatic recourse to the whole process".
The Indian Army on Thursday said it has registered the intellectual property rights of its new design and camouflage pattern uniform.
Aggarwal, in this role, will define and lead important policy development initiatives for Facebook in India on an agenda that covers user safety, data protection and privacy, inclusion and internet governance, a statement said.
The National Company Law Tribunal's (NCLT's) declaration that Zee Entertainment is bankrupt adds a new measure of uncertainty to the proposed merger with Sony. Three entities -- Aditya Birla Finance, IndusInd Bank and YES Bank -- have filed appeals in the NCLT for recoveries of Rs 130 crore, Rs 90 crore and Rs 540 crore, respectively. The money was borrowed by a related party - Siti cable - and not returned. Zee was a corporate guarantor.
Negotiations for a trade deal between India and the UK have run into fresh controversy, after the proposals under a leaked chapter of the deal on intellectual property (IP) are believed to put access to affordable, lifesaving generic medicines from India at risk. According to the draft IP chapter put out by an international trade portal bilaterals.org, the UK is seeking continuous extension of patent period and rights through small tweaks in the drug, known as evergreening. This may prevent patents from expiring, impacting cheaper drug availability and its production by Indian generic drug manufacturers.
Rathod, an IP professional attached to a global generic pharmaceutical company, draws hundreds of readers from across the IP space to his genericpharmaceuticals.blogspot.com.
Revenue intelligence officers have detected Rs 4,389 crore duty evasion by Chinese smartphone maker Oppo by misdeclaration of imports, the Finance Ministry said on Wednesday. The Chinese company deals in mobile brands -- Oppo, OnePlus and Realme. During an investigation of Oppo Mobiles India Private Limited, a subsidiary of Guangdong Oppo Mobile Telecommunications Corporation Ltd - China (Oppo China), the Directorate of Revenue Intelligence (DRI) has detected Customs duty evasion of around Rs 4,389 crore.
Failure to recognise the threat of India's IP abuse is a major step back: Congressman Orrin Hatch.
Top US lawmakers have slammed China for restrictive market access and "blatant stealing" of intellectual property rights of American businesses and appealed to the Obama Administration for implementing necessary steps to protect the interest of its businesses.
China on Wednesday agreed to take significant steps with regard to enforcement of intellectual property rights, opening its markets and revising its indigenous innovation policy - all of which the United States said will boost its exports to Asia's largest economy.
A Traditional Knowledge Digital Library (TKDL) Access Agreement signed between the Council of Scientific & Industrial Research (CSIR) and US Patent and Trademark Office (USPTO).
Singh made the remarks while addressing a "CEOs' Roundtable" at the 14th edition of Aero India at the Yelahanka Air Force station complex on the outskirts of Bengaluru.
There are 5,004 IAS officers working across the country.
India rejects patent on Pfizer's arthritis drug
A comprehensive IPR policy would help the government pull in investors into its 'Make in India' initiative.
India's IPR framework and enforcement were comparable to those in developed countries
Top executives of American pharma companies favour "dialogue" with India and "not confrontation" to address their concerns on key issues like the protection of intellectual property (IP) and clinical trials.
In 2010, Abbott acquired both the pharmaceutical business of Solvay, which had a presence in India, and Piramal Healthcare Solutions, which was part of Piramal Group.
In the quest for 'Atmanirbhar Bharat', Indian Army has developed and launched a secure messaging application named the 'Secure Application for the Internet (SAI)' that supports an end-to-end secure voice, text and video calling services for Android platform over internet, the Ministry of Defence said in New Delhi on Thursday.
The 'Invest Odisha' mobile app is currently available on the Android platform.
A certain segment of the US pharma industry have become vocal about Indian policies on domestic content requirements and IPR.
Even as conflicts between rival brands increase in India, industry experts find the trend encouraging.
'The vaccine policy should be such that all people should get the vaccine free.'
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.
Subramanian Swamy has been critical of Rajan for not lowering interest rates earlier to boost growth.
US said access to affordable health care entails a large number of factors from rates, logistics to insurance reforms.
Now, in the case of subsidised R&D, private companies hope that MoD audit requirements will make it mandatory to test the products that they develop.
Maharashtra and Andhra Pradesh share registration of three items each by the Registrar of Geographical Indications this year to provide recognition of the intellectual right of producers and artisans on them.
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.
To deny visa to trade officials planning to scrutinise country's trade and industrial practices.
'We have often heard the mythical argument that patents block access to life-saving drugs, but only 5% of medicines from multinational companies are under patent protection in India.' 'Where these patented products are beyond the reach of Indian patients, the companies have programmes to facilitate access to their drugs, for free or for a fraction of the price,' points out Ranjana Smetacek, former director general, Organisation of Pharmaceutical Producers of India.
The Indian Broadcasting Foundation (IBF) on Monday announced the appointment of former Supreme Court judge Justice Vikramjit Sen as the Chairman of its newly formed self-regulatory body Digital Media Content Regulatory Council (DMCRC).
The United States agreed with the nascent pharmaceutical industry in India that adequate protection of intellectual property rights would boost its ability to attract financing and safeguard new inventions, a senior State Department official said.
'Both the Centre and the states cannot say that they have been taking good care of public health.'
Senior officials of India and the US will meet after the forthcoming Budget session to identify and prioritise sectors for investments and technology sharing.
Special 301 Report expresses concern over weak IPR laws, to conduct reviews.
NFP Internship scheme is available at Institute for Plasma Research [IPR] Gandhinagar (Gujarat) for post graduate (ME/M Tech / MSc/ M Phil/MCA / MBA) students.
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