A threat of Patent Infringement

The scope or the extent of Patent Watch is defined in the claims of the granted patent.Patent filing agents inform the public about terms of the claims such as what is allowed and what is not allowed without the permission of the patent holder.

Usually, a party that  manufactures, sells, imports, uses, or offers patented technology for sale , during the term of the patent and within the country of issued the patent, is considered to infringement of the patent.

In response to allegations of infringement, an accused infringing party would normally assert one or more of the following:

ñ it wasn’t practicing the patented invention or infringing act in the territory covered by the patent; Continue reading

TT Consultants Launches new service – R&D Support Setup India

Not many domestic and foreign companies know that the Government of India has revised its weighted tax deductions for in-house R&D centers to 200% in the latest Union Budget of 2010. This is more than compared to benefits provided in countries like Singapore, Hungary etc. Companies which are engaged in research only at present but have plans to start manufacturing at a later date are also eligible for the recognition from DSIR Through this service, TT Consultants will assist domestic and foreign companies in setting up R&D center and Intellectual Property units to undertake the procedure of the entire certification and tax deduction claims related activities of firm’s R&D center. Continue reading

Different types of Trademark and Patent Registrations

Patent registration is required to obtain legal right for an invention while Trademark registration enhances protection to distinguish your goods and services.

Patent registration and Trademark registration process

The owner of a registered trademark may also commence legal dealings or file a case to prevent unauthorized use of that trademark. Large number of people are still unaware of the numerous benefits of owning a trademark registration which is now becoming familiar with  customer satisfaction in India. The trademark is registered to create the goodwill, popularize, brand name, business name and logo as to discriminate and put aside the mark from competitors and fraudulent. Continue reading

Ms. Komal Talwar “Woman Entrepreneur of the Year – Emerging Enterprise 2011” !

TIE Stree Shakti has awarded Ms. Komal Talwar the “Woman Entrepreneur of the Year – Emerging Enterprise” for 2011. The glittering award ceremony was held on 1st October 2011, in Mumbai. Prominent Indian personalities

Ms. Chanda Kochhar (CEO, ICICI bank), Ms. Sudha Murthy (Infosys Founder) and Swati Piramal (Director – Parimal Industries) presided over as chief guests.

There were more than 400 applications from various cities in India, in Emerging Business Category, out of which only 4 were shortlisted for the winner’s nomination after a thorough review by PWS, a prominent audit firm. The selection of the nominations reflects the unprecedented competition among the women entrepreneurs in one of the fastest growing economies in the world. Continue reading

Solutions for all Types of Business Risks

Any business or venture be it small or big is exposed to various kind of risks. One of them is business risks like market fluctuations, also called business cycles market boom or decline. Another is operational risks that arise within the organization due to improper working, mismanagement or wrong decision making. These are the common business risks that most people are aware of but still many cases are filed against company employees regarding the same. The most crucial risk that has grown now a days is intellectual property rights. Specially in industries like pharmaceutical, art works, etc. Let us see how to keep away from such risks.

First say market risk. One should always be aware of business conditions. It is the pre requirement to reduce be prepared before it arises. Entrepreneur should undertake business research for this. Business research keeps us updated about what’s going in the market and gives in depth analysis of the same. The information available from the research is vital as the research is undertaken by specialists at firms providing these services. Continue reading

Difference between Trademark and Patent

The term patent refer to an exclusive right granted to anyone who invents any new, useful, and non-obvious process, machine, article of manufacture or composition of matter or any new and useful improvement thereof, and claims that right in a formal patent application. The procedure for granting patents, the requirements placed on the patentee and the extent of the exclusive rights vary widely between countries according to national laws and international agreements.

It is obvious that with every new innovation and its launch, there are always competitor companies waiting to copy that idea  It is required to avoid it, so it will be necessary to lodge that idea so that no one can steal the plans or idea before the owner of it brings it to the market. This is called patenting.  For a list of available experts, there are companies providing patent support services to give some idea of what is available. So if you have an idea or an invention to claim ownership to, get a patent registration for it. It makes sure that nobody copies it without your permission and if such thing happen, you can sue that person and you can use the patent as proof of ownership.  Intellectual property rights take care of this patent violation including copyrights as well.

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