Experts highlight importance of intellectual property rights
Apr 12, 2014
Source : The Times of India


MYSORE: Protecting intellectual property right is very important. Seven intellectual properties - patent, trademark, design, trade name, trade secret, geographical recognition and copyright - have been identified, and it is important to get patents for research work and methodology, said K S Rangappa, vice-chancellor of University of Mysore.

He was delivering the inaugural address at a daylong workshop on 'Intellectual property training and awareness' at Vijnana Bhavan of UoM here on Thursday.

Presenting an overview of IP rights in research sector, S Ramamurthy, professor at Centre for Emerging Technologies and adviser (IPR) at Jain University, said that innovation is embedded in daily life. He told the participants about the salient features of IP. "IP covers the words we read, the images we see, the videos we watch, and music we listen to. Most of them are freely available to us. But their being free doesn't make them ours," he said, and defined IP right as a right that prevents people from copying others' work. "If you present others' work or ideas as your own, it will be considered plagiarism," he said.

He dealt with trade secrete citing examples of some branded products. "There are many products having geographical indication of Mysore like Mysore Silk, Mysore Sandal Soap and Mysore textiles," he added. He defined patent as a combination of technical, legal and business aspects. He also explained the patenting process.

Sarasija Padmanabhan, IP consultant at CPA Global, spoke on art search methods. Around 100 research scholars, faculties of various departments attended the session.

Latest Realty News

As builders fund parties, homes may be delayed
Apr 12, 2014
BANGALORE: Real estate consultants caution that the ongoing polls could cause project delays as election financing and delayed approval processes are coming in the way of construction activities.
Realty market poised to attract investments
Apr 11, 2014
BANGALORE: As the country heads towards the general elections with policy uncertainties expected to get resolved once a new government assumes office, it seems that the Indian real estate sector is yet again high on the wish-list of the investors, both, domestic and international. If the investments and the policy announcements since the second half of 2013 are any indication, there has been a clear indication that the phase of over-cautious market sentiments is getting over. Furthermore, there
NHB ’s move to boost funding for home loans
Apr 11, 2014
BANGALORE: There is some good news for prospective homebuyers. The National Housing Bank (NHB) is focusing on bridging the demand-supply gap. Recently, the NHB decided to use a significant portion of its tax-free bonds’ proceeds to shore up long-term fixed-rate mortgage loans, especially for the low income and middle income housing in urban areas and suburbs.
Retail hubs in emerging areas of Bangalore
Apr 11, 2014
BANGALORE: With availability of land and prices at a premium in the city center, growth is shifting towards the peripheries, where connectivity has led to the opening up of localities. With commercial and industrial realty development taking place in the Outer Ring Road (ORR) corridor and beyond, rapid residential expansion has followed. This has led to the emergence of retail in these developing areas.
Godrej Properties– M S Ramaiah Group to build 100-acre township in Bangalore
Apr 09, 2014
BANGALORE: Mumbai-based Godrej Properties has partnered family members from the M S Ramaiah Group to develop a 100-acre township in North Bangalore, sources privy to the development said.
Should you make 20% down payment for your home
Apr 05, 2014
BANGALORE: Pragnya and Atul Abhayankar are couple based in Mumbai. Having reached middle management positions in their respective corporate careers and lived on rent for five years, they have managed to save enough to buy their first home. But even after having done extensive homework on the property and the home loans that they are eligible for, they are still unable to arrive at a decision.They are unsure about whether or not to put down 20 per cent of the total value of the property as down p
Commercial growth spurs demand for residential options in Bangalore
Apr 05, 2014
BANGALORE: With an uptake in commercial development in the north, several micro-markets are opening up for residential real estate development. Localities close to the NH7 have benefitted from the upgraded 22 km highway, with seamless link to different parts of the city via the Outer Ring Road (ORR). The north is witnessing several standalone housing projects as well as integrated developments offering residents a self-sufficient neighbourhood.
IT drives demand for commercial space in Bangalore North
Apr 05, 2014
BANGALORE: The growth in Bangalore’s commercial realty market began from the Central Business District (CBD), and expanded into the extended or Secondary Business District (SBD), south and south-east Bangalore. Over a period of time, corporates with long-term occupancy plans relocated to south-east and east Bangalore, owing to better connectivity and the availability of IT parks. With the establishment of two prominent tech parks and the location of the international airport, Bangalore north has
Home loan helps save on income tax
Apr 05, 2014
BANGALORE: The deduction you can claim against the payment of interest on a home loan from your taxable income is a major saving. This is especially so as the interest component is higher than the principle amount in the initial years of the home loan tenure. The amount of interest paid can be availed as a deduction under Section 24 of the Income Tax Act under the head ‘Income from House Property' while assessing the total income for the year.
No cheques for property tax
Apr 03, 2014
BANGALORE: The BBMP will not accept cheques for payment of property tax from this financial year. Reason: In 2013-14 , about 8,000 property-tax cheques bounced. Not to be a loser again this year, the civic agency has banned citizens from paying property tax by cheque. Payments can be made in cash or by demand draft.

Latest Realty News Of State

Realty Talk's