News for the week of 2nd to 8th January, 2017

The Big Story For Entrepreneurs This Week

IEFGovt to step up Intellectual Property Rights enforcement with toolkit for Police Stepping up enforcement of nationwide, the government is now planning to arm police forces with a knowledge toolkit to quickly identify and prosecute IPR (Intellectual Property Rights) violations. While it has has provided the material to seven batches of Andhra Pradesh Police, it has also trained a team of the Uttar Pradesh Police at Moradabad.

National News

Patents clearance to be speeded up with more staff With more staff joining the Department of Industrial Policy & Promotion (DIPP) expects that more applications for patents will be examined than filed from January onwards and the pending numbers will go down.

Sebi relaxes rules for investment by angel funds to boost start-up funding To give a boost to start-up funding, market regulator Sebi has relaxed its rules for investment by angel funds, including allowing them to invest in up to five-year-old entities. Besides, the lock-in requirement has been reduced from three years to one year for angel funds and their minimum investment threshold has been slashed from Rs 50 lakh to Rs 25 lakh.

States In The News

Other Interesting Reads