Holoflex Ltd, a leading anti-counterfeiting and security solutions provider, plans to invest Rs 30 crore over the next two years to establish a second manufacturing facility. This expansion is driven by increasing demand for integrated brand protection solutions and growing concerns over counterfeit products across various sectors, including essential goods. The company aims to significantly boost its revenue and strengthen its position in the rapidly growing anti-counterfeiting market.
The Centre has shared a set of parameters with all states and UTs to enable service providers and monitoring teams under the national COVID-19 vaccination programme to identify any fake COVID-19 vaccines so that they are not administered in the country.
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Conformity assessment procedures will be put in place to verify that goods and services sold on e-commerce platforms meet required standards and technical regulations, according to the draft e-commerce policy. The policy, which is under discussion, also stated that actions and things which cannot be done by the online platform entities "can also not be done" by any of its associates and related parties. Government may, from time to time, notify parties which fall in the definition of associates and related parties, it said.
The domestic drug industry is concerned over ongoing World Health Organisation negotiations that aim to bring non-health issues, having no direct implications on the safety of a drug, within the ambit of the definition of "counterfeit medicine".
Japan's Toppan Printing has announced their new nanotext printing technology for inserting microscopic text into holographic images.
The Reserve Bank of India has admitted that security features introduced in the higher denomination notes in 2005 as an anti-counterfeiting measure have been breached!
Information technology majors like Hewlett-Packard, Canon and Intel have joined hands with the Manufacturers' Association of Information Technology to form the IT anti-counterfeit coalition to curb hardware counterfeiting market in India.
Dr Reddy's Laboratories has been awarded the 'WorldStar 2004 Award' by the World Packaging Organisation for its anti-counterfeit and patient protection packaging.
While the new norms are part of the draft policy's guidelines to fight counterfeit and fake products on platforms, they might end up helping brands and e-commerce firms sign exclusive sale deals.
Gold deposited by households to gold savings accounts will be used for auctioning, replenishment of RBI's gold reserves.
At least three industry bodies have alleged counterfeits remain widespread on Alibaba's sites
The United States has joined India in condemning the terror strike in Jammu, with the two countries vowing to consolidate their efforts to eliminate terrorist safe havens and calling on Pakistan to bring to justice the perpetrators of the 2008 Mumbai attack.
Phony NFL merchandise and tickets worth $21.6 million have been seized and 50 people arrested in a crackdown on counterfeiting ahead of this weekend's Super Bowl, U.S. law enforcement officials said on Thursday.
A look at the current contenders International Bank Note Society's Banknote of the Year
