Intellectual Property Right

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

GlobalFoundries' Kolkata Power Center key for emerging tech like GaN

The Kolkata Power Center came to light in the press statement following the meeting between Prime Minister Narendra Modi and US President Joe Biden

DPIIT's copyright rule withdrawal to boost rights owners' position: Experts

The DPIIT'S withdrawal of the September 2016 office memorandum regarding extending the scope of a copyright rule to internet transmissions would bolster the position of copyright owners and aid them in negotiating better royalty rates, according to experts. Last week, the Department for Promotion of Industry and Internal Trade (DPIIT) withdrew an office memorandum regarding extending the scope of Section 31D to internet transmissions. In 2016, through an office memorandum, the government decided to include Internet broadcasting under the purview of the Copyright Act. DPIIT has said that in light of the decision of the Division Bench of the High Court of Bombay in the matter of Tips Industries Ltd vs Wynk Music Ltd, the office memorandum issued by the department on September 5, 2016, is "hereby rescinded". This section talks about statutory licences for the broadcasting of literary and musical works and sound recordings. Abhay JV, Partner, Shardul Amarchand Mangaldas & Co said that

MeitY will continue momentum in new govt by building on past legacies: Secy

Secretary Krishnan also stressed the need for innovators to develop their own intellectual property (IP) in technology products in India

Intellectual property rights' filing on rise amid local defence push

The target set till March 2025 for IPR is 6900 for all the organisations

India remains among challenging economies in IP protection, enforcement: US

India remains "one of the world's most challenging" major economies with respect to the protection and enforcement of intellectual property (IP), the Biden Administration said on Thursday as it placed the country on the Priority Watch List on its 2024 Special 301 Report. India along with Argentina, Chile, China, Indonesia, Russia and Venezuela have been placed on the 2024 Special 301 Report on the adequacy and effectiveness of US trading partners' protection and enforcement of intellectual property (IP) rights released by the US Trade Representative. These countries will be the subject of particularly intense bilateral engagement during the coming year, USTR said. USTR removed the Dominican Republic from the Watch List this year. The Special 301 Report is an annual review of the global state of IP protection and enforcement. While there has been progress under the US-India Trade Policy Forum in addressing certain issues with trademark infringement investigations and pre-grant ...

Intellectual property and competition law: Two sides of the same coin

The two codes are crucial for safeguarding public interest and fostering economic growth with innovation

India's patent applications jump by 31.6%, ahead of some rich countries

On trademark filings, India was in the top four with 467,918 filings in 2022, behind the US, Turkey, and Germany

Mumbai: Property registration down 10%; stamp duty collection at 10-yr high

Registration of properties in the Mumbai municipal region fell 10 per cent this month to 10,514 units on higher base effect, according to Knight Frank India. In April 2022, 11,743 properties were registered in Mumbai city, which is an area under the jurisdiction of Bombay Municipal Corporation (BMC). "Mumbai city (area under BMC jurisdiction) saw property sales registration of 10,514 units in April 2023, adding over Rs 900 crore to the state exchequer, registering its highest ever revenue collection for the month of April in the last 10 years," Knight Frank said in a statement. The growth in revenues was on account of an increased stamp duty rate and surge in higher-value property transactions, the consultant said. Of the total properties registered, 83 per cent were residential while 17 per cent were non-residential properties. "The decline was largely led by two reasons, firstly a base effect as April 2022 observed a spillover of registrations from the previous months, with 17

Women in India face challenges in protecting their IPR: Justice Hima Kohli

Supreme Court judge Justice Hima Kohli on Wednesday said women in India face unique challenges in securing and protecting their Intellectual Property Rights like gender bias, discrimination at workplace and lack of awareness and education concerning these rights. Another significant challenge faced by the women is the need for more legal resources and support, she said. The apex court judge was speaking at 'IP Eloquence 2023 Annual Event on World Intellectual Property Day' on the topic Women and IP Accelerating innovation and creativity which was organised at the Delhi High Court. Justice Kohli further said with ever increasing economic growth and globalisation, a robust IPR (Intellectual Property Rights) regime is critical for a flourishing economy and as a rapidly developing economy, India has been attracting several investments. Women face unique challenges in securing and protecting their IPRs in India such as gender bias, discrimination at workplace, lack of awareness and ..

Govt has taken several steps to ease intellectual property rights process

The government has taken several steps for filing of applications and reducing the pendency related to intellectual property rights (IPRs), a senior official said on Wednesday. Sumita Dawra, Special Secretary in Department for Promotion of Industry and Internal Trade (DPIIT) also said innovation helps in promoting growth of a country. She urged the industry to fund the girl child for their education and higher studies and to go for Phd in other countries like Japan, Korea, the US and the UK. She also called for increasing collaboration between academia and industry to promote innovation. "The government has taken several steps to reduce pendency of IPR applications. Online processes have been introduced," Dawra said here at CII's convention on IPR.

Supply information on time, don't seek repeated adjournments: Piyush Goyal

Commerce and industry minister Piyush Goyal on Saturday asked applicants of intellectual property rights to suggest their lawyers to submit all the information on time and not create unnecessary hurdles in granting IPRs. Intellectual property rights (IPRs) are exclusive legal rights provided under a law to a creator or inventor of a unique product to protect that invention for a specified period of time. These rights include patents, trademarks and geographical indications (GIs). "Please ask your lawyers not to seek adjournments. We are shortly going to change that rule to make it onerous for those who are asking for adjournments repeatedly or are not submitting the data in time. Somebody not submitting the data in a reasonable time, we can even reject the application and send it back Please supply the information in a timely manner," Goyal said. He was addressing participants of the National IP conference and awards function, organised by the department for promotion of industry an

IPR plays important role in strengthening growth, focus on development: FM

The Finance Minister mentioned that 28,000 patents were granted last year as opposed to 4,000 in 2013-2014 and last year also witnessed registration of 2.5 lakh trademarks and over 16,000 copyrights

India welcomes US decision to back IP rules waiver for Covid-19 vaccines

For the past several weeks, India's ambassador to the US Taranjit Singh Sandhu, along with the diplomats from South Africa, had been meeting US lawmakers and officials regarding the proposal

WHO Director General, ex-UK PM urge IP waiver for Covid-19 vaccine

WHO Director-General Tedros Adhanom Ghebreyesus, and former UK Prime Minister Gordon Brown have called for a temporary waiver of intellectual property (IP) rights for Covid-19 vaccines.

115 MPs of European Parliament back India's Covid vaccine proposal at WTO

Goyal says India's proposal getting widespread support

Suspending IP rights is the way to go if world wants Covid-19 vaccine fast

Otherwise, there won't be enough shots to go around, even in rich countries

India, Denmark sign MoU on Intellectual Property cooperation

To further the objectives of National IPR Policy and become a major player in global innovation, India on Saturday entered into a Memorandum of Understanding (MoU) with Denmark in the field of Intellectual Property (IP) Cooperation.

How IPR protection can boost green innovation

It is expected that the transition to a green economy may take several years, but the process can be accelerated by adopting favourable policies and incentive mechanisms

Intellectual property filings up 20% at IIT Delhi, highest ever in a year

Total filings reach 150-mark, institute's revenues from IP licensing up four-fold