Over 70,000 patent applications are in the pipeline for examination and may need at least 3-4 years for approval under the Intellectual Property Rights Act due to shortage of examiners, a senior government official said.
What we need is some informed debate on what is India's best interest at this particular stage instead of going for a wholesale import of an American system that could prove ineffectual.
As a result, necessary IP rights are not effectively transferred, the "best price" for IP is rarely achieved, and the process itself inhibits the market adoption of new technology based products and hence their companies' economic growth.
: Shri Vile Parle Kelavani Mandal's Institute of Intellectual Property Studies, Mumbai, invites applications for its one year Post-graduate Diploma in Patent Law and Practice and a four-month Certificate Course in Intellectual Property.
The Federation of Indian Chambers of Commerce and Industry has partnered with the World Intellectual Property Organisation to launch an anti-piracy and counterfeit campaign next month.
Representatives of Apple appeared in a Shanghai court on Tuesday to respond to the case filed by Shanghai Zhizhen Network Technology Co, the developer of a voice technology called Xiao i Robot.
There is little appetite among combat aircraft engine makers to share the IP that results from a co-creation project. But Rolls-Royce is willing to walk the Aatmanirbhar talk.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
Intellectual property rights must be backed by a strong enforcement mechanism that will effectively curb counterfeiting and piracy, an official of the World Intellectual Property Organisation said in New Delhi on Thursday.
"India is the best market right now in the world with the digital initiatives the government has implemented
'While criticising India's high tariffs, Mr Trump stated he would impose reciprocal taxes on Indian products if re-elected.' 'However, since India's tariffs follow WTO rules, Mr Trump's actions would violate these rules,' Ajay Srivastava points out.
Asserting that India was on the 'threshold of a new era' in the textiles sector, Prime Minister Manmohan Singh on Friday cautioned that the country must take steps to protect the intellectual property of its weavers, artisans and designers.
The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.
Terming intellectual property as the foundation of a knowledge-based economy, Commerce and Industry Minister Kamal Nath on Monday asserted that it was time to transit from a IP user to IP producer to turn the country into a superpower.
Chief executive officers (CEOs) across sectors have expressed intentions to expand capacities, expecting the government's target to invest a record Rs 11.11 trillion on infrastructure development will act as a catalyst for a jump in consumer demand. "With the government planning a capex of Rs 11.11 trillion, private sector investment will come in a big way. Companies will be preparing for it right from today," H M Bangur, chairman of Shree Cement, told Business Standard. For the past few years, the investment scene in India has been dominated by government capital expenditures; private investments in the manufacturing sector have remained muted.
Pompeo, during a Congressional hearing on Thursday, told the members of the House Foreign Affairs Committee that 'the actions are entirely consistent with what they have been signalling to the world for decades you might even argue since 1989, but certainly since General Secretary Xi came to power'.
Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
After reports claimed that filings in patent offices in India, the US, and Europe did not mention ICMR or its scientists, but only BBIL and its scientists, the Hyderabad-based biotechnology (biotech) company clarified that in the "rush" to develop vaccines and file appropriate patents, BBIL had missed adding ICMR's name in the original filings.
India is not so keen to co-operate with the US on IPR related probe.
Subramanian Swamy has been critical of Rajan for not lowering interest rates earlier to boost growth.
The idea is to incorporate global best practices in the Indian context.
Ronnie Screwvala-led edtech unicorn upGrad, has filed a suit for trademark infringement against another EdTech company called Scaler. The suit has been filed in the Delhi high court for violation of intellectual property relating to upGrad's trademark. It has also sought damages of more than Rs 3 crore. upGrad accused Scaler of using its brand name 'upGrad' through Google Ads to appear on top of search results on Google Search Engine and in turn gaining illicit benefit.
Mahindra's LSV is an extremely agile combat vehicle with all round protection against small arms fire.
Failure to recognise the threat of India's IP abuse is a major step back: Congressman Orrin Hatch.
Opposition MPs in the parliamentary committee scrutinising the Waqf (Amendment) Bill are scheduled to meet Lok Sabha Speaker Om Birla on Tuesday to protest its chairperson Jagdambika Pal's alleged 'unilateral' decisions and attempts to 'bulldoze' proceedings, indicating that they may disassociate themselves from the panel.
To be eligible, students must have a score of 60 per cent, or an equivalent grade at the undergraduate level.
In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
The USTR has placed India on its "priority watch" list for two years in a row, saying the country's patent laws unfairly favour local drug makers.
The US move came after the Justice Department said that hackers working with the Chinese government targeted firms developing vaccines for the coronavirus and stole hundreds of millions of dollars worth of intellectual property and trade secrets from companies across the world.
Industry fears tougher US stance on IP after President Donald Trump asserted that foreign countries must pay a fair share for drug development costs. Aneesh Phadnis reports.
Samajwadi Party chief Akhilesh Yadav said his party would oppose the Centre's move to bring a bill in Parliament to amend the 1995 law governing Waqf boards, and accused the BJP of trying to snatch the rights of Muslims.
Prime Minister Narendra Modi on Thursday called for reforming the World Health Organisation and streamlining its approval process for vaccines and therapeutics, and favoured making flexible the WTO's rules relating to trade-related aspects of intellectual property rights.
Narendra Modi might on Saturday ask the Apple CEO to make in India instead of importing and selling refurbished phones
The 'Make in India' vision cannot survive in the long-term without concrete measures to build a concurrent 'Create in India' movement.
'When you watch Freedom At Midnight, I want you to feel like you are sitting on a ticking time bomb.'
On an average 75 per cent of their total revenues come from international operations and they hold 57 per cent of their total assets overseas.
