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Popular Articles

Pharma tops in patent suits
Pharmaceutical patents are just over a fourth of all patents granted in the country, but domestic drug makers account for almost all post-grant patent opposition filed, official data reveals. http://smallpersonalloans.org.uk

United Breweries Q1 net up 57% YoY
United Breweries (UBL), India"s largest brewery controlled by Indian billionaire Vijay Mallya, has posted a strong 57 per cent increase in net profit to Rs 35.5 crore for the first quarter of current fiscal as against the corresponding period of last fiscal. Net sales at Rs 556.4 crore was up 17 per cent, powered by a 25 per cent growth in strong beer.

News of the day

Commerce minister needs to spare more time for exporters
Last week, I had suggested that Commerce Minister Anand Sharma should announce an ad hoc Foreign Trade Policy (FTP) for the remaining eight months of the current year (2009-10). It now appears that he will opt for a long-term policy, with some measures that have sunset clauses. The basic framework of the 2004-09 policy may be preserved and most of the export promotion schemes retained. Whether some rationalisation of the schemes, ad hoc measures to help distressed sectors and moves to reduce transaction costs within the existing framework will sufficiently help exporters hit by slack demand abroad is a matter of doubt.
International Business

Congress sweeps Amul polls, bags all 13 seats

Congress-backed candidates today won all the 13 seats on the board of Kheda District Co-operative Milk Producers Union Ltd (KDCMPUL), popularly known as Amul Dairy. On the other hand, BJP once again failed open its account. - Amul Dairy goes to polls; sees more than 99% voting The victorious candidates backed by Congress include Ramsinh Parmar, a sitting Congress MLA from Thasra, Rajendrasinh Parmar, an MLA from Bhadran, Chandu Parmar from Khambhat, Mansinh Chauhan, Dhirubhai Chavda, Bhaiji Jhala from Kapadwanj, Pravinsinh Solanki from Mehmedabad, Ravji Patel from Petlad and Shivabhai Parmar from Anand and Madhu Parmar from Nadiad, Ghelabhai Jhala from Kathlal and Madhuben Parmar and Ranjit Patel from Sarsa. Ramsinh Parmar has held the position of chairman of Kheda union for past three terms and he was also confident of getting elected as the chairman for the fourth consecutive term. A total 32 candidates, including those backed by BJP, were in fray for the seats on the board of Amul Dairy. As far as candidates supported by Congress are concerned, only two new faces were introduced this year, while remaining were already on the board of the union. Out of the total 1,040 votes, 1034 votes were cast yesterday. BJP was trying hard to get representation on the board of Kheda union, which is considered to be Congress bastion. BJP"s efforts could be gauged from the fact that many BJP ministers, both sitting and former, were found campaigning in Central Gujarat region prior to elections. Even on the day of polling, political stalwarts from both Congress and BJP were in Anand. Some of them include Congress" minister of state for power Bharatsinh Solanki, Bhupendrasinh Chudasma and Kaushik Patel, formers ministers in BJP government in Gujarat.


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