Author: Legal 60

Analysts state tech spending will assess stock market’s AI trade Investors wary of parallels with the dot-com market bubble 25 years ago Market analysts have claimed that the recent spending updates from U.S. mega-cap companies investing massively in artificial intelligence (AI) could jolt the AI trade, a primary driver of the record-breaking U.S. stocks. Considered

Nvidia makes history amidst rise in global AI; marks $5 trillion valuation Its advanced chips have been a turning point in the tech rivalry between the U.S. and China American technology company, Nvidia has secured a place in history books as the first company to reach a market value of $5 trillion, amid the rise

Cyril Amarchand Mangaldas advised ReNew Private Limited on the sale of its 300MW solar power asset to Sembcorp Green Infra Private Limited The leading law firm in India, Cyril Amarchand Mangaldas, acted as legal counsel for ReNew Private Limited on the sale of 100% of its wholly owned subsidiary, ReNew Sun Bright Private Limited, which

Khaitan & Co successfully represented Raymond Lifestyle Limited in a trademark and copyright infringement case against ex-franchisee in Amritsar The Leading Law firm in Inida, Khaitan & Co successfully represented Raymond Lifestyle Limited (Plaintiff) in a suit for infringement of trademark, copyright, and passing off against its former franchisees in Amritsar before the Bombay High

Khaitan & Co Successfully Represented Raymond Lifestyle Limited In A Trademark And Copyright Infringement Case Against Ex-Franchisee In Hyderabad The Leading Law firm im India, Khaitan & Co successfully represented Raymond Lifestyle Limited (Plaintiff) in a suit for infringement of trademark, copyright, and passing off against its former franchisees in Hyderabad before the Bombay High

[The post is co-authored with Vikram Raj Nanda. A big thanks to Swaraj and Praharsh for their inputs.] In a detailed 262-page order (pdf) dated 12th September, 2025, Dr Usha Rao, the Deputy Controller of Patents and Designs, annulled Novartis’ patent over its cardiac drug ‘Vymada’ (marketed internationally as ‘Entresto’). The Controller had cumulatively dealt

ITAT Kolkata Dismisses Appeal as Assessee Opts for Amicable Settlement Under DTVSV Scheme 2024 Introduction The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) dismissed an appeal filed by the assessee after she voluntarily chose to settle her tax dispute under the Direct Tax Vivad Se Viswas (DTVSV) Scheme, 2024. The decision reflects the

Khaitan & Co advised Kaynes Semicon Private Limited on its strategic collaboration with Alpha and Omega Semiconductor The leading law firm in India, Khaitan & Co advised Kaynes Semicon Private Limited (Kaynes) on its strategic collaboration with Alpha and Omega Semiconductor (AOS), pursuant to which Kaynes has been engaged by AOS for the assembling, testing,

SEBI Introduces Framework to Streamline Transfer of Portfolio Management Services OVERVIEW The Securities and Exchange Board of India (“SEBI”) has by a Circular dated October 24, 2025, introduced a framework for the transfer of Portfolio Management Service (“PMS”) businesses from one Portfolio Manager to another. The circular seeks to simplify the regulatory process and facilitate

Shardul Amarchand Mangaldas Advised Shoden Developers Private Limited (House of Hiranandani Group) on the Acquisition of Property at Andheri, Mumbai The leading law firm in India, Shardul Amarchand Mangaldas & Co. (SAM) advised Shoden Developers Private Limited (part of the House of Hiranandani Group) on the acquisition of a property located at Andheri, Mumbai. As