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Supreme Court Directs Airtel, Vodafone To Disclose Details About ‘Segmented Offers’ To TRAI

The Supreme Court has directed Airtel, Vodafone to disclose information/details sought by Telecom Regulatory Authority of India regarding segmented offers. But it is the duty and responsibility of TRAI to ensure that such information is kept confidential and is not made available to the competitors or to any other person, the bench comprising the Chief Justice SA Bobde, AS Bopanna and V. Ramasubramanian said while allowing an application filed by TRAI in a pending appeal against an order passed by Telecom Disputes Settlement and Appellate Tribunal.

Asia Law Offices advised a major transnational strategic collaboration between its client, UAE-Based Pharmax Pharmaceuticals, and Swiss pharma major Acino Pharmaceuticals.

ALO represented Pharmax in the structuring and closure of entire transaction documents of the significant collaboration.

The collaboration framework extends to licensing, manufacturing, and supply of Acino formulations within the gastroenterology and the cardiovascular space throughout the Middle East and Africa.