Soft drink giant Pepsico India Holdings has won a trademark case in the Delhi HC over the trademark ?Aquafina? used for its packaged drinking water. A Bench of Justice GS Sistani restrained Aqua Mineral (India) from using ?deceptively similar? trademark ?Aquafine? for causing infringement of rights. The court also awarded damages to the tune of R5 lakh to Pepsico India on account of illegal activities of Aqua Mineral (India).

Reliance Jio ropes in Sunil Dutt as president

Telecom operator Reliance Jio Infocomm has roped in Sunil Dutt, Blackberry?s former head for India, as the president. ?Yes, I have joined,? Dutt confirmed to PTI, declining to provide additional details. Dutt has over 30 years of experience in the technology industry. Before serving as BlackBerry India managing director, Dutt was the country head for Samsung India Electronics when the Korean company witnessed growth in its mobile devices business. Samsung’s ‘Next is What’ campaign was launched during Dutt’s tenure.

Jabong co-founder to join Xiaomi?s India operations

Jabong co-founder Manu Jain, who quit the company in January this year to launch a start-up, is likely to join Chinese mobile phonemaker Xiaomi to head India operations. Xiaomi is likely to launch its phone in India by year end. Xiaomi’s entry is likely to spur competition in the Indian smartphone market, which already has well-established local players like Micromax, Karbonn and Lava, besides bigger players like Samsung. Xiaomi offers high-end phones at low prices, which would pitch it against Micromax, Karbonn and Lava.

Future Lifestyle acquires 12% stake in Unico Retail

Future Lifestyle Fashions said it has acquired a 12% stake in Unico Retail for an undisclosed sum. Unico Retail sells handbags, belts and wallets under the brand ‘Peperone’. ?The company has acquired a 12% stake in Unico Retail, a company engaged in the business of handbags, belts and wallets under the brand ‘Peperone’ in India,” the company said.

Emcure Pharmaceuticals withdraws proposed IPO

Emcure Pharmaceuticals has withdrawn its proposed initial public offer, which was looking to raise up to R500 crore, making it fourth withdrawal this year. The Pune-based pharma company had filed draft offer documents with Sebi for the proposed IPO in June last year. The proposed issue comprised of fresh issue of up to R300 crore and an offer for sale of up to 25,13,057 equity share.

Sharp unveils air purifiers; targets R500-cr sales by ?16

Japanese consumer electronics firm Sharp on Tuesday launched its air purifier range in the country and said it is targeting R500 crore revenue from the appliances by 2016. The company said it expects its air purifier range to become one of the future growth drivers. ?We are targeting 25% of total market share and R500 crore revenue from it,? said Sharp Business Systems’ India Region MD and CEO Sunil K Sinha told PTI.

Daimler India trucks enter Bangladesh market

Daimler India Commercial Vehicles (DICV), a 100% wholly owned subsidiary of Daimler AG, Germany, along with Mitsubishi Fuso Truck and Bus Corporation, Japan (MFTBC), a Daimler company, launched Fuso trucks in Bangladesh, making it the sixth strategic market since the start of exports in May 2013.