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Lawyersclubindia News


Indian investments in foreign JVs up by 53.2%

   21 July 2008 at 21:50

India's total outbound investments in joint ventures and wholly owned subsidiaries (WOS) abroad grew by 53.2 per cent in FY 08, at $23.071 billion, as compared to $15.06 billion in the previous fiscal, Reserve Bank said in its monthly report. Tota ..

Posted in Corporate Law |   259 Views


Key info disclosure not a must for tax treaty benefits: ITAT

   21 July 2008 at 21:50

A company is entitled to tax treaty benefits between India and another country even if it fails to disclose some key information. This decision was made by the Income-Tax Appellate Tribunal (ITAT), Mumbai, in the case of Sun Chemical of the Netherlan ..

Posted in Taxation |   334 Views


WIPO for private-public role to fight software piracy in India

   21 July 2008 at 21:50

The World Intellectual Property Organisation (WIPO), a specialised agency of UN, has said that the best solution to stop the software piracy in India, which has reportedly led to a loss of about two billion dollars in revenue last year, is public-pri ..



Serious YouTube test of copyright law

   21 July 2008 at 21:50

A woman who posted a home video on YouTube of her 13-month-old son dancing to Prince's "Let's Go Crazy" squared off Friday against entertainment giant Universal Music Corp. in a federal court case that tests copyright law.The issue in Stephanie Lenz' ..



Tussle between Bisleri and Mount Everest over ‘Himalayan’ intensifies

   21 July 2008 at 21:50

The tussle between Bisleri and Mount Everest, a Tata Group firm, over the use of the brand ‘Himalayan’ has intensified. Bisleri International has moved a rectification application in the Intellectual Property Appellate Board (IPAB) in Chennai, seekin ..



SMS phising can take you to a fraudulent website

   21 July 2008 at 21:50

Phishing is now spilling over to your mobile phone. The next time you receive an SMS from your mobile operator informing you about a service you have subscribed to and asking you to call a certain number to unsubscribe, beware, it can be a phishing m ..

Posted in Others |   244 Views


FTC hammers invention, patent promoters with $10M settlement

   21 July 2008 at 21:50

The owners of an invention promotion operation that charged up to $12,000 to evaluate and promote consumers' inventions agreed today to pay $10 million in consumer redress to settle Federal Trade Commission charges that they deceived consumers across ..



SEBI challenges Tribunal order

   21 July 2008 at 12:29

New Delhi : Securities and Exchange Board of India has sought the Supreme Court's intervention on whether the sectoral tribunal, a quasi-judicial body, has the powers to impose penalty on the market regulator. The matter is likely to come up for hear ..

Posted in Corporate Law |   289 Views


Finance Ministry for increasing FII limit for corporate bonds

   21 July 2008 at 12:29

New Delhi : The Reserve Bank is considering a Finance Ministry's proposal to increase the limit of foreign institutional investors exposure in corporate bonds, while retaining the current overall cap of USD 8 billion, to get long-term fundings for in ..

Posted in Corporate Law |   236 Views


Value-added services sector to touch USD 2 bn this year: PwC

   21 July 2008 at 12:29

New Delhi : Backed by young Indians, music and gaming are going to be cherry on the pie for the telecom sector growth, with value-added services estimated to reach about USD 2 billion this year, says consultancy firm PwC. India has one of the younges ..

Posted in Corporate Law |   254 Views