Thursday, September 10
As Indian businesses chart their paths in an increasingly complex global environment, the recent imposition of new tariffs by the United States has prompted a reevaluation of investment strategies. With the aim of maintaining competitiveness, many Indian firms are exploring cross-border acquisitions, establishing manufacturing hubs in low-tariff nations such as the UAE and Mexico, and ramping up their presence in the US market, The Times of India reported on August 21.The strategic decision for these companies now hinges on a fundamental question: should they build, or should they buy? These two stark choices -- none less difficult than the other -- now stare at the Indian companies that seek to Make outside India in order to alleviate Trump's tariff blow.Setting up a new manufacturing fac
MUMBAI: Hyderabad-based Natco Pharma has sued Danish drugmaker Novo Nordisk, maker of blockbuster weight-loss drug Wegovy (semaglutide), claiming its version of the drug does not infringe upon the device or process patent technology owned by the multinational company. The case came up for hearing in Delhi High Court on Wednesday."The court has directed the parties to engage in a 'pre-litigation mediation', an attempt to bury the dispute through mutual settlement before the case can be heard on deeper nuances such as non-infringement of patents," a senior lawyer well-versed with the case told ET on condition of anonymity.The lawyers representing Natco Pharma informed the court that over the past few months it had approached Novo Nordisk to communicate on its non-infringing patents but recei
The Monsoon session of Parliament came to an end for the Lok Sabha on Thursday as it adjourned sine die. The month-long session, which began on July 21, was marked by frequent disruptions, adjournments, and walkouts, restricting the House’s work to only a handful of debates and the passage of several bills. Speaking in the Lok Sabha on the last day, Speaker Om Birla mentioned that the House had only been able to function and debate important issues for only 37 hours this Monsoon Session.Opposition parties repeatedly raised demands for discussions on Operation Sindoor and the Special Intensive Revision exercise in poll-bound Bihar, resulting in frequent adjournments.“This time in Parliament, there was so much ruckus and opposition didn’t cooperate. Due to this obstinate behaviour, opp
