Sajan C Kumar

Articles By Sajan C Kumar

297 Articles

Dhanuka resolution plan gets rolling; Orchid Pharma lenders to get 32% recovery

The NCLT had approved the resolution plan by Dhanuka on June 25,2019, rejecting a plea against it by Accord Life Spec which cited inadequate mandatory vote share of the CoC.

Industry News

Zoho slaps trade secret misappropriation case against Freshworks

Though both Zoho and Freshworks have genesis from Chennai, the companies have global operations headquartered in the US.

Zoho has slapped a complaint of trade secret misappropriation against Freshworks, seeking relief under violation of defense of trade secrets Act News

South Indian cities house 65% of projects meant for elderly: Anarock

Prominent senior living hubs in south India include Coimbatore, Puducherry, Chennai, Bengaluru, Kodaikanal, Mysuru, Kochi and Kanchipuram.

Shedding the ‘old age homes’ stigma once attached to facilities for the elderly, senior living homes have become a respectable real estate category — one which, in times of the COVID-19 scare, gains even more relevance. News

Coronavirus: Tamil Nadu industry experts, trade bodies flag worry over impact on small businesses

The coronavirus (Covid-19) pandemic is all set to wreck havoc on the micro, small and medium enterprises (MSMEs).

trade, economy News

Facebook gets India patent for invention to give universal support to cell phones

The latest patent gain gives a leg-up to Facebook’s efforts to provide universal support to a wide variety of mobile phones, without having to compromise with the quality of the service.

Facebook, India patent, mobile phones, Chennai patent office, mobile phones, latest news on facebook News

SC sets aside NCLAT’s order that junked NCLT approval for Dhanuka resolution plan for Orchid

The Supreme Court has set aside the NCLAT order that nullified the Chennai bench of NCLT’s approval of a resolution plan by Gurgaon-based Dhanuka Laboratories for the debt-ridden company Orchid Pharma.

nclt, sc News

Rejecting opposition, India grants US firm Gilead patent for HIV drug Cobicistat

According to Gilead, the compound has advantages such as improving the effectiveness of a medicine – an antiretroviral drug – administered along with it, without showing any major biological activity on its own.

HIV drug Cobicistat, Cobicistat, UPNPplus, HIV inhibitors, Ritonavir, Delhi, HIV/AIDS, Patents Act, HIV treatment News

Fintech investments nearly double to $3.7 billion in 2019  

The number of fintech deals globally rose 6.8% in 2019, to 3,472, another record level.

fintech, fintech industry News

GIPC’s IP Index: India betters score, check the new ranking

India stands at 40th place out of 53 economies in global IP Index 2020, released on Wednesday, as against 36th place out of 50 economies in the 2019 Index.

GIPC IP Index, India, International IP Index 2020, global GDP, global IP Index 2020, IP spectrum News

Ather Energy gets patent for light-weight charging connector for electric scooters

As electric vehicles are increasing all around the world, the problems associated with the use and maintenance of such vehicles are also increasing. Electric vehicles are powered using batteries and need to be recharged after

Ather 450X electric scooter launched in india at Rs 99,000, cheaper than Chetak, iQube  News

TVS Motor secures patent for device to gauge reduced CO2 emission from EVs

In the case of battery-run EV, the vehicle does not emit any CO2 during running. However, the battery has to be charged so as to provide energy to the motor and during the charging emission occurs.

Bike News

Enterprise Security: Why securing AI systems makes sense

Hyper automation will take tech growth in India a notch higher in 2020, as firms invest in intelligence driven by AI and ML

Rajesh Ganesan, vice president, ManageEngine News

Clarks set to expand retail base in India, to increase focus on e-commerce

India’s footwear market was valued at Rs 47,945 crore in 2018 and expected to grow at a CAGR of 13% over the next five years.

clark, footwear brand clark News

Shriram Properties bets on coming Budget to start work on pending IPO of Rs 800 crore

The company had developed 2.4 million sq ft of real estate in 2017-18, around 3.5 million sq ft in 2018-19, and expects to have 4 million sq ft developed during the current fiscal year. Next year, it would develop five millio

Shriram Properties, Budget, IPO, market news, Mitsubishi Corporation, Japan, TPG, Tata Capital, Walton Street Capital, Starwood Capital Group News

HUL wins latest round of water purifier patent battle against Tatas

Competition in the country’s $391.4-million water purifier market has been hotting up of late as the market is expected to grow at a CAGR of 13.% to reach $818 million by 2024, according to industry experts.

HUL, Tatas, water purifier patent, Hindustan Unilever, Tata Consultancy Services, Tata Chemicals, HUL, Pureit brand, CAGR News

TVS gets patent for electrically operated automatic fuel cock

TVS Motor argued if the rider forgets to shut off the manual fuel cock when the engine was at rest, it may lead to leaking and ultimately resulting in fuel wastage.

tvs motor company News

Google seeks patent for ML model speed prediction to improve navigation services

The prediction of the speed of the vehicle can be used to predict a travel time, or recommend a route to the user.

Industry News

Counting on cloud: AI, cloud solutions hold key for Genesys

The company’s growth strategy is centred on a move to cloud wherever possible, both in terms of R&D and technology deployment for customers.

Industry News

SC interim stay on NCLAT scrapping Dhanuka plan for Orchid Pharma

The Supreme Court’s order came in response to an appeal by State Bank of India, a key member in the CoC, seeking setting aside of the NCLAT order on the ground that the appellate tribunal has erred while overriding the comm

SC, NCLAT, scrapping, Dhanuka plan, Orchid Pharma, industry news

NCLAT sets aside NCLT order approving Dhanuka’s resolution plan for Orchid

The NCLAT in July had stayed the Chennai NCLT order approving Dhanuka Laboratories resolution plan and ordered issuance of notice to Orchid Pharma RP and Dhanuka Laboratories, while posting the matter to August 28 for admissi

Industry News

Google seeks Indian patent for tech to add video feed to Home Assistant

For instance, if a user asks about the weather, the HA device may assess an Internet-based weather service to obtain local weather information.

The new invention would enable Google to integrate video streaming in its popular service offering, with the aid of cloud-based network, which will enable user to manage scheduled events using a Home Assistant along with an integrated video service News

Corporate loans must to grow bank’s loan book, says Indian Bank MD

The government thought an impression was created among the people that the banks were not lending. The outreach programme was to convey the message that the banks’ doors are open.

Indian Bank MD & CEO Padmaja Chunduru News

Online food & grocery retail may touch $10.5 billion by 2023

The online food and grocery retail, which stood at approximately $1 billion in 2018, has been witnessing its accelaration phase since then. The initial growth phase from 2014 to 2018 has seen the vertical clocking a CAGR of

India’s online grocery space has gone through a significant evolution in last few years News

Centrient Pharma files second lawsuit against Dalas Biotech

In addition, the Delhi HC also found Sinopharm Weiqida of prima facie guilty of contempt of court for illegally importing amoxicillin active ingredients in contravention of the previously granted preliminary injunction in pla

Centrient Pharma, lawsuit, Dalas Biotech, industry news,  News

Blue Star eyes 15% market share by FY24, to double outlets

The company’s room air conditioners are available at 5,000 outlets in 575 locations in various formats.

Blue Star shares, Blue Star stocks, Blue Star trading, Blue Star revenue, Blue Star profits, Air conditioner price in india, Air conditioner industry, air conditioners in india News

Toyota declares four non-production days

In a notice to the employees, a copy of which is in possession of FE, TKM said the company will not produce on four days — October 3, 4, 5 and 9 — owing to low market demand of its vehicles.

Car News

TVS Motor gets nod for patent on its hybrid 3-wheeler

The Chennai patent office granted the patent, disposing of a patent application filed by the company in 2009. The patent gain comes at a time when the automobile industry is exploring ways and means to switch over to electri

Motown tales, TVS Motor , hybrid 3 wheeler, 3 wheeler, 3 wheeler sale, industry news, auto sales News
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