Intellectual Properties

India sees 92,000 patent filings in FY24, IP guidelines set for overhaul

Intellectual property guidelines are being revamped, with efforts directed at bringing Indian regulations to global standard

India granted record 41,010 patents in 2023-24 so far: Piyush Goyal

The Indian patent office has granted "highest" number of 41,010 patents till November 15 this fiscal year, Commerce and Industry Minister Piyush Goyal has said. In 2013-14 fiscal year, 4,227 patents were granted. "It's a record. Highest ever number of patents granted so far in 2023-24," he said in a post on social media platform X. On this, Prime Minister Narendra Modi said this is a "notable feat" and it marks a milestone in India's journey towards an innovation-driven knowledge economy. " India's youth will be great beneficiaries of such strides," he said. The prime minister recently stated that the rise in patent applications in India demonstrates the rising innovative zeal of its youth and is a very positive sign for the times to come. According to a World Intellectual Property Organization report, patent applications by Indians grew 31.6 per cent in 2022, extending an 11-year run of growth unmatched by any other country among the top 10 filers.

Virat-Anushka venture forays into motorsports & entertainment IPs

As a first step, Nisarga has tied up with Elite Octane, a specialist motorsports and entertainment events company which holds IPs such as drag racing platform

India retains 40th rank in Global Innovation Index 2023, Switzerland tops

India's Global Innovation Index ranking has improved 26 places from 66th in 2013 to 40th in 2023

TuTr to tie up with IIT Madras on IP development in hyperloop technology

Initial focus on cargo movement to boost productivity of various stakeholders

Global intellectual property filings touch record levels in 2021: UN

The UN agency said that despite the disruption of the coronavirus pandemic, this bucked previous economic downturn trends.

Designer homes, immune to pandemic blues, are inviting new interest

Curated properties high on amenities catch fancy of a younger, moneyed India

IP protection: India among most challenging economies, says USTR

India remains one of the most challenging major economies with respect to protection and enforcement of intellectual property, the office of the US Trade Representative said

PureSoftware appoints veteran Noy Kucuk to lead 5G, wireless initiatives

PureSoftware, a global IP-led product, and services company, today announced the appointment of Noy Kucuk as Senior Vice President, to accelerate the company's Hitech & Telecom Products and Services business."Noy is an accomplished professional with an extensive career in wireless technology and engineering development," said Anil Baid, Founder and Chief Strategy Officer, PureSoftware. "He is a leader and brings a wealth of experience to 5G and wireless markets with a diverse knowledge of software and hardware building blocks to enable the growth of PureSoftware 5G product - Arttha5G and services offerings. The depth and breadth of his skill sets and accomplishments, coupled with proven technology and engineering development background will help our clients navigate their most complex challenges.""I am excited to join PureSoftware and leverage their wealth of domain, and technical capabilities to drive business value and ensure success on 5G strategy and engagements," said Noy ..

Robust IP regime is key for India's goal of $1 tn digital economy: Biswal

On Thursday, India and the US signed an MoU to increase cooperation in the field of intellectual property (IP).

TVS Motor plans Rs 300-crore capital expenditure amid Covid-19 pandemic

The company said it was planning to commercialise some of the intellectual properties (IPs) to be built by start-ups through the company's Singapore subsidiary.

Karnataka set to unveil India's first platform for intellectual properties

First-of-its-kind online marketplace in the country to enable innovators trade their ideas with investors

Jain University ropes in NRDC for technology commercialisation

NRDC will also provide its services in IP evaluation and valuation in terms of their commercial potential to Centre for Nano and Material Sciences, (CNMS) of the university