The possibility of availing finance from family and friends to start or expand your business venture is attractive, no doubt, but comes with several riders. We take a look at its pros and cons.
Sub Prime Crisis in the US and its impact on India
The Indian economy is rising steadily and there are mixed feelings of what will happen in the short-term and long-term future.
There are clear cut zonal uses demarcated by law in Bangalore. These are defined in the C.D.P. (Comprehensive Development Plan). This plan does not cover the areas within the Corporation. Therefore the areas within the Corporation, sometimes change in zonal use.
"A little neglect may breed great mischief ... for the want of a nail, the shoe was lost; for the want of a shoe, the horse was lost and for the want of a horse, the rider was lost and for the want of a rider the war was lost". - Benjamin Franklin
As markets get extremely competitive and consumers difficult targets to convert, many a company is tempted consciously or unconsciously to have trade practices which give them a natural advantage over its competitors.
The Indian Registration Act does not list a Power of Attorney as a compulsorily registerable document but it does require authentication.
A Power of Attorney is nothing
One of the key elements of any city from the point of corporates and executives is the cost of rent/lease and the complexity of the laws governing these. Since this is a Bangalore focused issue, I chose the recent changes in the rent control Act as the focus for this article.
In Bangalore, with its pre-eminence of IT companies and IT-enabled service providers, the setting up of the facility involves first applying to be a STP (Software Technology Park) unit to take advantage of the various facilities and benefits provided by the government.
As the Internet continues its remarkable expansion, its capacity to disseminate information, knowledge and content has propelled the intellectual property system to the center of an unending debate over the future shape of the online world.
In view of the extensive modifications necessitated by massive globalization, it was thought fit to repeal and re-enact the Trade and Merchandise Marks Act, 1958 and incorporate the necessary changes
The protection accorded to any invention is a negative right and with the object of protecting the interest of the inventor in terms of monetary benefit and to encourage more inventions
Patents are important not only to tech