Legal 60

SEBI does not decide IPO valuations: Chairman Tuhin Kanta Pandey He spoke amid growing concerns over the steep pricing of recent IPOs The Securities and Exchange Board of India (SEBI) has clarified that it has no role in determining valuations of public issues. On the sidelines of an event, Tuhin Kanta Pandey, Chairman, SEBI, stated,

Delhi Court Permanently Blocks Bengaluru Restaurant From Using ‘Carnatic’ Mark, Upholds Trademark Rights Of Carnatic Café Introduction In a significant judgment protecting trademark rights in the hospitality sector, the Saket District Court, Delhi, permanently restrained Bengaluru-based Lemonpepper Hospitality Pvt. Ltd. and its directors from using the mark “CARNATIC” for their restaurant business. The court held

Elon Musk plans AI chips in partnership with Intel The EV-maker shared his thoughts on potential manufacturing while addressing the company’s shareholders in the annual meeting Tesla CEO Elon Musk has stated that the company will build a gigantic chip fab to make artificial intelligence (AI) chips and it could associate with Intel to make

Cybersecurity demand, MoneyLion acquisition raise Gen Digital’s annual revenue forecast The continuous high-profile data breaches and online threats have necessitated companies to seek digital identity protection services Multinational software company Gen Digital has raised its annual revenue forecast for a second consecutive quarter. This is a result of the robust demand for its cybersecurity products

US issues guidelines blocking Nvidia’s AI chips to China The company had provided samples to many of its Chinese customers US President Donald Trump’s administration has informed the federal agencies that it will not permit Nvidia to sell its latest scaled-down B30A artificial intelligence (AI) chips to China. The chip can be utilised to train

Khaitan & Co advised ChrysCapital on landmark USD 2.2 billion fundraise The leading law firm Khaitan & Co acted as sole legal counsel to ChrysCapital Advisors LLP in connection with the setup, regulatory approvals, and negotiations with key Indian institutional investors and large family offices for their investments in the Indian sleeve of ChrysCapital X.

Khaitan & Co advised Reliance Consumer Products on majority acquisition of Naturedge Beverages The leading law firm in India, Khaitan & Co acted as legal counsel to Reliance Consumer Products Limited in its majority acquisition of Naturedge Beverages Private Limited through a combination of primary and secondary purchase. The Khaitan & Co core transaction team

Engaging oneself in the co-curricular activities is very necessary because they are designed to complement and balance the academic curriculum, enabling every student to get an opportunity to learn beyond subjects. The curriculum is designed to impart theoretical knowledge to students related to various subjects of the law, such as constitutional law, criminal law, company

Trilegal advised Studds Accessories on INR 4,554 million IPO, India’s first two-wheeler helmet consumer brand IPO The leading law firm in India, Trilegal acted as legal counsel to Studds Accessories, India’s largest two-wheeler helmet player by revenue in Fiscal 2024 and the world’s largest by volume in Calendar Year 2024, as well as the selling

Approach to petitioner’s inconsistent claim constructions expanded upon by ‘informative’ director review decision In the recent precedential decision in Revvo, director review was initiated sua sponte to address inconsistent claim constructions proposed by Revvo. Continuing his pro-patent owner approach, US Patent and Trademark Office (USPTO) director John Squires has designated as ‘informative’ a director review