Page 199 - DMGT401Business Environment

Business Environment

Notes acquired manufacturing facilities in the US, Europe and even in Africa to access channels. As Sun
Pharma hiked its stake to 63% in Detroit -based Caraco Pharma. Wockhardt has acquired three
companies in Europe and Cadilla healthcare acquired Atlanta's pharma's French unit, besides
Ranbaxy has also acquired few firms to access overseas market.
6. Consolidation, Mergers and Acquisitions: In view of the new law, companies will
consolidate their business. Two major pharma companies, GlaxoSmithkline and Sanofi
Aventis, have already consolidated their Indian business. The consolidation will bring
synergy among different siblings of the pharma majors and would also give the advantage
of an enhanced size. Similarly, there will be big number of M&A as small companies may
choose to merge with bigger entities for the sake of survival.

Task Find out the IPRs that are available with Coca Cola Company and Pepsi.

8.3 Right to Information (RTI)

The Right to Information Act (RTI) comes into force on the 12th October, 2005 (120th day of its
enactment on 15th June, 2005). Some provisions have come into force with immediate effect viz.
obligations of public authorities [S.4(1)], designation of Public Information Officers and Assistant
Public Information Officers [Ss.5(1) and 5(2)], constitution of Central Information Commission
(Ss.12 and 13), Constitution of State Information Commission (Ss.15 and 16), non-applicability
of the Act to Intelligence and Security Organizations (S.24) and power to make rules to carry out
the provisions of the Act (Ss.27 and 28).

The Act extends to the whole of India except the State of Jammu and Kashmir. [S. (12)]
According to RTI, information means any material in any form including records, documents,
memos, e-mails, opinions, advices, press releases, circulars, orders, logbooks, contracts, reports,
papers, samples, models, data material held in any electronic form and information relating to
any private body which can be accessed by a public authority under any other law for the time
being in force but does not include "file notings" [S.2(f)].
Right to Information means the right to:
1. inspect works, documents, records.

2. take notes, extracts or certified copies of documents or records.
3. take certified samples of material.
4. obtain information in form of printouts, diskettes, floppies, tapes, video cassettes or in
any other electronic mode or through printouts [S.2(j)].
8.3.1 The Information you can Avail

What is not Open to Disclosure?

The following is exempt from disclosure [S.8)]
1. Information, disclosure of which would prejudicially affect the sovereignty and integrity
of India, the security, strategic, scientific or economic interests of the State, relation with
foreign State or lead to incitement of an offence;

192 LOVELY PROFESSIONAL UNIVERSITY