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DoT debates a technique highway map to protect IPR in telecom sector
The Department of Telecommunications (DoT) is discussing a technique highway map to promote mental property rights (IPR) within the sector which might embrace the organising of a ‘Sovereign Patent Fund’ and a ‘Bharat Technology Bank’ in addition to taking measures to cut back the lengthy delays in acquiring a patent. Read extra
Ambuja Cements-ACC deal probably to propel purchaser to No. 2 place
The potential acquisition of Holcim India enterprise shall be one of many greatest inbound company offers within the nation. Currently, Walmart Inc.’s $16-billion acquisition of Flipkart Online Services in 2018 stays the largest acquisition of an Indian asset by any acquirer, adopted by BP plc acquisition of 30 per cent stake in Reliance Industries’ 23 oil and gasoline manufacturing blocks in 2011 for $7.2 billion. Read extra
From BPCL to L&T, 10 shares that brokerages wager on for bumper returns
The Indian fairness market has been weak because it touched an all-time excessive in October final yr. The market since has been making low highs and decrease lows, indicating lack of conviction amongst traders. The benchmark S&P BSE Sensex is down 6.3 per cent, from its all-time excessive in October final yr, however many shares are down 30-40 per cent throughout this era on development issues. Most brokerages, nevertheless, stay optimistic and count on one other yr of double-digit returns from the broader market. The Sensex was up 18 per cent in 2021-22 (FY22) — its second consecutive yr of double-digit returns. Read extra
Tata’s tremendous app ‘Neu’ to host non-group manufacturers as properly: Chandrasekaran
Tata Group chairman Natarajan Chandrasekaran on Thursday mentioned the group’s not too long ago launched tremendous app Neu is on an open structure and it’ll host non-group manufacturers as properly. The Tatas lastly launched its tremendous app Tata Neu on April 7, after piloting it for months, however the group chairman claimed there was no delay within the industrial launch. Read extra
PPI quickly catching on as a bottom-of-the-pyramid transaction system
In the joy over the allocation of financial institution licences for the non-public sector, a brand new class of licence supplied by the Reserve Bank of India (RBI) final yr went virtually unnoticed. That was when the RBI consolidated the principles for pay as you go fee devices (PPI), popularly understood as e-wallets or reward playing cards. Read extra
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