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Copyright to attract service tax: Govt tells HC
The revenue department has contested the petition filed by PVR Pictures in the Delhi High Court against the government’s decision to levy service tax on copyright services such as sale of music rights, sale of direct-to-home satellite TV rights, and screening in cinemas. In a counter [...]

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About 79k patent applications lying with the Govt
New Delhi, Aug 2 (PTI) About 79,000 applications are pending before the government for grant of patents, with mechanical engineering and chemicals segment accounting for nearly a third of the requests, Parliament was informed today.
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Targacept licenses technology from Cornerstone
Targacept Inc. [...]