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Ranbaxy loses Lipitor case — US court favours Pfizer on `patent infringement'
IN yet another setback to Ranbaxy Laboratories Ltd, the US District Court of Delaware ruled that the generic company's product infringes the two patents covering Pfizer Inc's cholesterol lowering drug, Lipitor. This follows a ruling in October by ...
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Pawar rules out FMC-SEBI merger
PUTTING an end to all speculation on having a single regulator for both commodities and securities markets by merging FMC with SEBI, the Government has decided to retain Forward Market Commission (FMC) as the sole regulator for the commodity ...
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Justice Sodhi is SAT Presiding Officer
THE Union Government has appointed Mr Justice Nauvdip Kumar Sodhi as the Presiding Officer of the Securities Appellate Tribunal (SAT). Mr Justice Sodhi, a former Chief Justice of Karnataka High Court, replaces Mr Justice Kumar Rajaratnam, who ...
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YES Bank IPO scam: Her office stays closed after SEBI bar
A LOCK stares at you at 402-403, Shashwat Building, Ahmedabad, the address provided by Ms Roopalben Panchal, one of the barred investors who had allegedly manipulated allotment of shares in the YES Bank initial public offer. Neighbours tell you ...
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WTO decision may TRIP generic drug cos
TWO years ago, domestic drug companies had heaved a sigh of relief when the World Trade Organisation's (WTO) executive body delayed a contentious decision on the export of medicines to countries with inadequate manufacturing capacity. The ...
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SC order raises revival hopes: NTC
THE Supreme Court's interim order staying the October 17 order of the Bombay High Court and permitting the developers, who bought the five National Textile Corporation mills in Mumbai, to submit their development plans to the authorities ...
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Canara Bank hikes term deposit rates
CANARA Bank has hiked domestic term deposit rates, effecting an increase of 50 basis points for maturities up to two years. A release said that the term deposit rates between 46 days and 90 days are now 5 per cent, and 5.75 per cent for two ...
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