INTELLECTUAL PROPERTIES
Budget 2024: Pharma sector seeks tax sops, effective intellectual property rights regime
Union Budget: Outlining the sector's wish list for the upcoming Union Budget, Organisation of Pharmaceutical Producers of India (OPPI) Director General Anil Matai urged the government to explore methods to incentivise R&D investments, such as deductions on R&D expenses, research-linked incentives for MNCs, and corporate tax concessions.
Former ASML CEO says US-China chip fight will continue
The recently retired CEO of semiconductor equipment maker ASML said in an interview that discussions between US and China are not being conducted on the basis of facts, data or content but rather on ideology. Since 2018, the US has imposed increasing restrictions on what tools the company can export to China.
Trai suggests infrastructure status, single-window clearance for broadcasting sector
In July 2023, the ministry of information and broadcasting had urged Trai to provide its inputs for the formulation of the NBP. The Trai had issued a consultation paper on NBP seeking stakeholder comments in April. While suggesting steps to grow the TV and radio footprint in the country, the regulator has also asked the MIB to establish a credible audience measurement system for TV, radio, and OTT.
US steps up watch against counterfeit goods; Indians leave your fake Adidas, Gucci back home
The US Customs and Border Protection (CBP) has recently intensified efforts to combat the smuggling of counterfeit luxury products, leading to the confiscation of numerous fake Adidas, Nike, and Gucci items from travelers, particularly from India. Many students and visitors arriving in the United States have reported having their counterfeit Puma, Adidas, or Nike items seized at ports of entry.
Deep tech policy before cabinet soon to unlock long-term funds
The government plans to introduce a deep tech startup policy with a fund of funds for companies in the sector. An umbrella framework will guide state governments and startups. The policy will focus on research, development, innovation, intellectual property, and funding access for deep tech startups. Comments have been sought from 18 different ministries and government departments so far.
SLCM Group secures second Agri Reach application patent for real-time quality control monitoring in warehouses
SLCM acquires second Agri Reach patent for real-time quality control data monitoring in warehouses, bolstering agricultural ecosystem self-reliance.
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Deep tech startup policy likely in forthcoming Budget
The new government may announce the full Budget for 2024-25 in July. An official said that startups have to convert their innovation into intellectual property rights and for that extensive R&D is required.
Deep tech startup policy likely in forthcoming Budget
The commerce and industry ministry may propose a dedicated policy for deep tech startups in the forthcoming Budget, to be announced by the new government. The policy, in final stages, aims to promote innovation and R&D. Voting for the Lok Sabha polls is over, with results on June 4 and a new government taking oath this month.
How to navigate IP challenges in the rise of social media
While social media has created immense opportunities for engagement and expression, it has also raised a myriad of legal challenges, particularly concerning intellectual property (IP) rights including issues around content ownership, digital rights management, deep fakes etc.
Build your superstructure
As generative AI continues to evolve, the debate over its development and release models becomes important. Across the foundation models driving the explosion of GenAI are two broad philosophies for the development and release of this tech: open- and closed-source models.
View: Overturn cultural practices and dogmas to spur our companies to spend on R&D
WhatsApp showcases tales of ancient glory, while global reports highlight India's rankings in hunger, press freedom, and sustainable development. India ranks 40th on the GII 2023, above all BRICS nations except China.
HC offers relief to Pidilite in Dr Fixit dispute for now
Bombay High Court restrains Dubond Products India from selling waterproofing product with identical trademark of Dr Fixit, as per Pidilite Industries' complaint.
Yuvraj Singh sends notices to real estate firms for infringement of privacy, delayed home possession
According to the notice, the cricketer had booked a dwelling unit in 2020 at Hauz Khas, New Delhi in one of the projects of a real estate firm. M/s Brilliant Etoile Private Limited and M/s Uppal Housing Private Limited are the noticees in one of the legal notices pertaining to the delayed possession of the dwelling units.
Bombay HC grants temporary relief to Pidilite in Dr Fixit trademark dispute
Mumbai-based Pidilite Industries, the maker of Fevicol and M-Seal adhesive brands, has approached the court to restrain Dubond Products from allegedly infringing its registered trademarks, copyright and passing off for its waterproofing brand Dr Fixit LW.
WIPO treaty a big win for India & global south: Commerce ministry
India and the Global South celebrate a significant win with the WIPO treaty on intellectual property, genetic resources, and traditional knowledge. The treaty introduces a new disclosure requirement for patent applicants based on genetic resources, providing added protection to Indian resources and knowledge in countries without disclosure obligations.
Global pact on genetic resources, associated traditional knowledge big win for India: Govt
Members of the Geneva-based World Intellectual Property Organization (WIPO) have concluded an agreement that creates a mandatory disclosure requirement on the patent applicant, when a claimed invention is based on genetic resources.
The Man Behind Bit-Con
Craig Steven Wright of nChain claimed to be Bitcoin's creator, Satoshi Nakamoto, facing legal disputes with the crypto industry over his assertion.
WIPO concludes new treaty to protect genetic resources, traditional knowledge; India plays key role
Members of the World Intellectual Property Organization (WIPO) have reached an agreement mandating patent applicants to disclose the country of origin or source of genetic resources if their claimed invention is based on these materials or associated traditional knowledge. This treaty, adopted at a Diplomatic Conference in Geneva after two weeks of negotiations involving 192 countries and 86 observers, aims to protect Indian genetic resources and traditional knowledge from misappropriation.
US extends some Chinese tariff exclusions, but many to fall away
The exclusions were previously scheduled to expire May 31, but USTR said it was extending the exclusions through June 14 to allow for a transition. It said certain exclusions would be extended through May 31, 2025 to support efforts to shift sourcing out of China, or provide additional time in cases where availability of the product outside of China remains limited.
HCLTech to buy Hewlett Packard’s communications tech assets for $225 million
As part of this agreement, HCLTech will also absorb around 1,500 employees and 700 contractors with experience of engineering services for telecom industry in countries including Spain, Italy, India, Japan, China, Americas and APAC region, HCLTech said in a regulatory filing on Thursday.
"Intellectual property of the bank": SBI once again refuses to disclose SOPs on sale, redemption of electoral bonds
In response to a Right to Information Act appeal, State Bank of India (SBI) has again refused to disclose the standard operating procedures (SOPs) for the sale and redemption of electoral bonds. SBI justified the denial by stating that the information is held in "commercial confidence," constitutes the bank's "intellectual property," and is intended solely for internal staff use.
Why has Marvel Studios sent a subpoena to Instagram? Know all about the case
Marvel Studios VP of Global Security and Content Protection has recently sent a subpoena to Instagram amid the making of Captain America: Brave New World.
Centre eyes dedicated R&D wing under semicon research centre
Government plans R&D wing at India Semiconductor Research Centre (ISRC) for semiconductor research with a focus on industrial production, public-private partnerships, and intellectual property rights-driven manufacturing ecosystem. The project aims for next-gen semiconductor development and involves higher education institutes like IIT Bombay and IIT Gandhinagar.
'Livestream' shopping thwarts some high-tech tools to stop fake merch
Livestream shopping in the U.S. faces challenges with counterfeit goods influx. Technology by platforms like TikTok and Amazon aims to combat fakes, yet copyright violations persist in live videos. Patent lawyers emphasize the need for improved detection methods.
Centre leaning on startups, academia for telecom IPRs
The government has been stressing on becoming self-sufficient in telecom technologies, including both software and hardware, amid geopolitical uncertainties. It can be done by developing the complete ecosystem in the country, officials said, pointing to the focus on research and development, including industry-academia tie-ups.
Tech Mahindra, Microsoft collaborate to launch user-friendly unified workbench
The workbench system will help organisations accelerate the adoption of Microsoft Fabric and enable them to create complex data workflows with a simple to use interface, said Tech Mahindra in a statement.
Nazara games subsidiary to acquire Ultimate Teen Patti IP from Games24x7
Nazara Technologies acquires Ultimate Teen Patti IP rights for Rs 10 crore from Games24x7. Nextwave subsidiary to expand casual freemium gaming with the acquisition, expecting deal closure within 90 days.
Plan to reward patent, IPR creation in technical textiles in the works
As per the draft rules, the IP of the research outcome will generally vest with the host institution on behalf of the ministry. For all Indian patents, the government will have march-in rights, including the option of compulsory licence, in case of any exigency arising for the patent and technology to protect the interest of public, it said.
Legal consulting firm Areness enters into a strategic partnership with German firm SOH
With a focus on technology, Areness and SOH are dedicated to crafting legal frameworks that facilitate the exchange of technological expertise, safeguard intellectual property rights, and foster fair competition globally, said both firms in the joint release.
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