Touting tourism
Financial Times
The magnificent Taj Mahal is deservedly one of India’s biggest tourist attractions. But the gleaming white marble tomb strikes a startling contrast with the decrepit surrounding city of Agra. Even the highly competent travel agent who coordinated my recent trip bluntly affirmed this view. ”I love my job - I meet people from all over the world,” he told my friend and me soberly. ”But I hate Agra.”
India Lupin gets $27million for patent deal, shares up
Reuters
Indian drug maker Lupin Ltd. (LUPN.BO: Quote, Profile , Research) said on Thursday it had received 20 million euros ($26.7 million) from a patent deal, sending its shares up more than 5 per cent.
India court reserves order in Novartis patent case
Reuters
A court in southern India on Wednesday reserved its verdict on a challenge by Novartis AG (NOVN.VX: Quote, Profile , Research) against an Indian law that blocks patenting of minor improvements in known molecules.
Vodafone says full Essar buy against India law
Reuters
Vodafone (VOD.L: Quote, Profile, Research) says Indian law bars it from owning all of the 67 percent of Hutchison Essar it plans to buy in a controversial $11.1 bln deal, the Financial Times reported on Thursday.
US trade chief to make maiden trip to India to step up trade, investment
ABC Money
US Trade Representative Susan Schwab is to make her first trip to India next week in a bid to step up bilateral trade and investment between the two countries.
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