WHAT WE DO
Our firm is well known for its Information Technology, Media and Digital Entertainment practice. We strive to keep our lawyers current on the developments and innovations that affect the market. With our expertise we have advised a number of Digital Entertainment, Media and technology companies on issues such as IP, transactional, regulatory issues, outsourcing agreements, privatizations etc. We have advised clients on licensing, securing private and public financing, contractual advice on regulatory matters.
Our Services Include :
1) Domain Name registrations
2) Management of computer hardware and software contracts
3) Data Protection
4) Foreign Direct Investment in Telecommunication /Media/Technology.
5) Regulatory Advice on Telecommunication/ Media/Technology
6) International Shrinkwrap, Clickwrap and operating licenses and distribution agreements;
7) Exhibition agreements;
8) Co- production, pre-sales and territorial licenses;
9) Location and inter-party agreements;
10) Film, Television Program and Format licensing;
11) Merchandising and Promotion agreements
12) Project Finance for Telecommunication/ Media/Technology
Information Technology emerged as one of the stronger areas of the firm’s practice within the last few years with our offices at Bangalore, Chennai, Pune, Gurgoan and Hyderabad doing extensive work in this field.We not only act for companies seeking to exploit their technology assets or develop their businesses using technology but also for joint ventures and start-ups involved in e-commerce ventures, B2B exchanges, emerging telecoms, wireless communications, etc.
September 2019 :
Airlines are using blockchain to provide passengers with fast-track access to their accumulated loyalty points
Singapore Airlines became the world’s first carrier to launch a “blockchain-based airline loyalty digital wallet capability” called KrisPay to “help unlock the value of KrisFlyer miles to enable everyday spending at retail partners”.
The secret behind this leveraging of blockchain is new technology developed in a proof-of-concept exercise, which the airline carried out in collaboration with KPMG Digital Village and Microsoft.
By downloading the KrisPay app, members can convert their KrisFlyer miles into KrisPay miles using the app’s instant top-up function. To make purchases, members scan the KrisPay QR code at the merchant and key in the amount they wish to pay with KrisPay miles
August 23, 2018
World Bank launches world-first blockchain bond and Overwhelming' response to world's first blockchain bond
The world's first public bond created and managed using only blockchain had support from seven investors, Commonwealth Bank of Australia, helping raise $80.48 million for the World Bank.
The World Bank, whose bonds carry an AAA rating, regularly uses its borrowing power to help develop new bond markets as well as pioneering new means for selling and trading the securities.
The world's first public bond created and managed using only blockchain had support from seven investors, Commonwealth Bank of Australia the sole lead manager of the deal said on Friday, helping raise A$110 million ($80.48 million) for the World Bank.
April 10, 2018
RBI's knock out blow on crypto currencies forces Indian exchanges to think of moving abroad:
Almost immediately after the Reserve Bank of India (RBI) decided to ban regulated entities from dealing with them, Indian crypto currency exchanges have started looking at moving their offices abroad.
Cryptocurrency exchanges like Zebpay, Unocoin, CoinSecure, BuyUcoin and BTCX India, are to move their head offices to places like Singapore, Belarus, or Delaware in the United States.
India is home to more than five million investors who have bought or traded in Bitcoin and other major cryptocurrencies.
Market watchers reckon many exchanges have already moved abroad and are also contemplating products that they could offer to Indian customers, despite moving base.
While RBI has given three months’ time to banks to wind up operations, crypto currency exchanges are trying to settle accounts of their customers before they make an exit from India.
Looking at the positive side, these exchanges are hopeful that shifting base outside India might help them deal with Indian laws as many won’t apply to them any longer.
Permanent establishment is a concept in taxation that determines which jurisdiction has the right to tax the company.
Tax experts view the current crack down will leave these exchanges with only two options — either shut shop or move to any other jurisdiction.
January 10, 2018
Sequoia-backed Tapzo raises fresh funds in down round
Bangalore-based Coraza Technologies Pvt. Ltd, which runs personal assistant platform Tapzo, has raised about $1.93 million (Rs 12.32 crore) in a fresh round of funding from existing investors.
Russian venture capital firm RuNet put in Rs 10.70 crore, while Singapore-based RB Investments accounted for the rest. The latest funds infusion came at a significantly lower valuation
December 28, 2017
India likens crypto currencies to Ponzi scheme, cautions investors
The finance ministry on Friday cautioned investors about the risks of trading in cryptocurrencies such as bitcoin, saying digital currency investments are like “Ponzi schemes.”
Cryptocurrencies are not legal tender and have no regulatory permission or protection in the country, the finance ministry said in a statement, but stopped short of announcing an
outright ban or imposing any curbs.
Investors and other participants dealing with such digital currencies are doing so “entirely at their risk and should best avoid participating therein,” the statement said.
“There is a real and heightened risk of investment bubble of the type seen in Ponzi schemes”, with investors risking a sudden and prolonged crash, the statement said.
September 06, 2017
WhatsApp Business to make interaction with services easier
The world's largest messaging app WhatsApp launched a new service on Tuesday in a move that brings it closer to monetising its free platform. WhatsApp Business is aimed at businesses that have thus far been using WhatsApp accounts meant for individuals.
With the new app, the Facebook-owned company hopes that businesses will be able to establish direct contact with consumers seamlessly while ensuring authenticity. "The way this happens now on WhatsApp is pretty rudimentary," the company said in a blogpost. "We've heard stories of shopkeepers who use WhatsApp to stay in touch with hundreds of customers from a single smartphone, and from people who are unsure about whether or not a business on WhatsApp is authentic. In the coming months, we'll be testing new features that aim to solve some of these challenges, and make it easier for people to communicate with the businesses they want to reach on WhatsApp."
WhatsApp Business gives users a verified green checkmark badge next to their names. Second, businesses will be able to create a company profile with information such as address, business hours, description of product or service offered. Third, WhatsApp Business will help manage consumer chats.
Several Indian startups were part of early pilots for WhatsApp Business such as online pharmacy 1mg and ticket site Bookmyshow.com. Globally, the trials included Dutch airline KLM and Itau Bank in Brazil. For instance, WhatsApp Business users flying KLM will get notifications on booking confirmations, seat assignments and flight schedules besides being able to submit specific requests on meal preferences, flight changes etc.
Businesses have many different needs," said the company blog post. "For example, they want an official presence — a verified profile so people can identify a business from another person — and an easier way to respond to messages. We're building and testing new tools via a free WhatsApp Business app for small companies and an enterprise solution for bigger companies operating at a large scale with a global base of customers, like airlines, ecommerce sites, and banks."
September 01, 2017
Google makes listing your businesses easier
Any owner or manager can use Google’s Search page to change or update the information related to a business through a newly introduced business dashboard
Explaining the rationale behind introducing the new feature, Ranjith Jayaram, Product Manager, Google Local Search said: “Businesses succeed and grow when they reach new customers online. With more than 80% of people searching the web to find local information, it’s important to have a high-quality presence that showcases what makes your business unique. When people get to know your business, they are more likely to become customers. Businesses with complete listings on Google are twice as likely to gain customer trust, 38% more likely to attract in-store visits, and 29% more likely to see a purchase.”
Through the dashboard you can:
-add or correct business information, post updated hours, and more
-post on Google and stay engaged with your customers
-share photos that make your business stand out
-see how many views your listing gets, and easily access detailed information about your listing’s performance
-know when users upload photos of your business.
How to do
-Log in using your business account.
-Search for your business and you’ll notice a menu right above search results (as in the picture above). This menu or dashboard will only be visible to you.-Click the edit button, and the fields you can edit will be highlighted. Change or update the information as you like.
May 18, 2017
Panasonic India sets up first Innovation Centre in Bengaluru in partnership with Tata Consultancy Services
Panasonic India has set up its first India Innovation Centre at Bengaluru in partnership with Tata Consultancy ServicesBSE -1.08 % (TCS) to focus on developing technologies around internet of things, mobile technology and artificial intelligence amongst others.
The facility will focus on open innovation in the consumer electronic space and leverage the technology already available with Panasonic India.
World Intellectual Property Organisation (WIPO) to establish Technology and Innovation Support Centres (TISC) in India
Earlier this month, the Department of Industrial Policy and Promotion (DIPP) announced that it had signed a deal with the World Intellectual Property Organisation (WIPO) to establish Technology and Innovation Support Centres (TISC) in India. According to the press release put out by the DIPP, the TISCs are meant to provide innovators in developing countries with high quality technology, information and related services to help them create, protect and manage their intellectual property. As per the same press release, once established the TISCs will provide the following services:
1) Access to online patent and non-patent (scientific and technical) resources and IP-related publications;
2) Assistance in searching and retrieving technology information;
3) Training in database search;
4) On-demand searches (novelty, state-of-the-art and infringement);
5) Monitoring technology and competitors;
6) Basic information on industrial property laws, management and strategy, and technology commercialization and marketing
April 01, 2017
Higher spends by banks, govt driving India's storage solution market: IDC
India's external storage solution market grew by 17.5 per cent to $ 77.8 million in October- December 2016 compared to the preceding quarter, driven by higher spends by banks and government, as per research firm IDC.
Sectors like banking, professional services, manufacturing and government continued to be the key contributors in the last quarter of 2016, IDC said in a report.
The growth was driven by renewal of deals by large banks as well as increasing adoption of analytics and UPI platforms (that in turn increases storage consumption), it added.
March 04, 2017
India to gets its own mobile congress in September with special focus on reaching out to South East Asian Markets.
"There is Mobile World Congress in Barcelona and an edition in Shanghai. There is nothing in between for South East Asia. India is emerging as one of the global leaders in telecom which we will also showcase in the Indian Mobile Congress," COAI Director General Rajan S Mathews told PTI.
The GSM Association, which organises annual global event of Mobile World Congress (MWC) here, has agreed to associate with the three-day event that will be held at Pragati Maidan starting September 27,2017
February 3, 2017
Apple set to start manufacturing in Bangalore
Apple India Pvt. Ltd, the local arm of Cupertino-based Apple Inc., is set to start initial manufacturing operations in Bangalore,