Union Cabinet approves country's first National Intellectual Property Rights Policy

The Union Government has approved National Intellectual Property Rights (IPR) Policy, 2016 to promote the IP regime and to encourage innovation, creativity and entrepreneurship in India. The first of its king policy in the country seeks to strengthen legislative and legal framework of IPRs, their commercialization and reinforce enforcement and adjudicatory mechanisms for IPR infringements. ..

Month: Current Affairs - May, 2016

Topics: Cabinet Decisions • Government Policies • Intellectual Property • National • UPSC

26 April: World Intellectual Property Day

Every year World Intellectual Property Day (WIPD) is being observed on 26 April to highlight importance of intellectual property rights (patents, trademarks, industrial designs, copyright) in encouraging innovation and creativity. 2016 Theme: “Digital Creativity: Culture Reimagined“. The theme seeks to explore the future of culture in the digital age in order to answer questions how ..

Month: Current Affairs - April, 2016

Topics: Current Affairs 2016 • Days and Events • Intellectual Property • WIPO • World Intellectual Property Day

US court slaps 940 million dollars fine on two Tata group companies

The federal grand jury in the US State of Wisconsin has slapped 940 million US dollars fine against two companies of India’s Tata group – Tata Consultancy Services (TCS) and Tata America International Corp. They were fined in a trade secret lawsuit filed against them by the US based electronics medical records vendor Epic Systems. ..

Month: Current Affairs - April, 2016

Topics: Business • Economy • Intellectual Property • IT sector • Tata Group • TCS • United States

Union Government releases Indian Intellectual Property Panorama

Union Government has released Indian Intellectual Property (IP) Panorama to increase awareness and build sensitivity towards IP in the SME sector, academia and researchers The IP Panorma is a single window interface for information on IP and guidance on leveraging it for competitive advantage. It can be accessed at http://ict-ipr.in/index.php/ip-panorama. Key facts The Indian IP ..

Month: Current Affairs - April, 2016

Topics: Business • Current Affairs 2016 • Economy • Intellectual Property • IT sector • WIPO

NRDC inks MoA with IACS on Technology Transfer

NRDC has signed a Memorandum of Agreement (MoA) with IACS for commercialisation of technologies and intellectual properties (IP) developed at IACS. Under this MoA, NRDC will provide its services in IP Evaluation and Valuation in terms of their commercial potential to IACS. National Research Development Corporation (NRDC) It is an Enterprise of Department of Scientific ..

Month: Current Affairs - February, 2016

Topics: Current Affairs 2016 • IACS • Intellectual Property • NRDC