The Pune District Court grants interim relief to Sanjay Kirloskar-led Kirloskar Brothers Limited, restraining Kirloskar Proprietary from using the ‘Kirloskar’ trademark. The court rules that the agreements are integral to the family settlement and cannot be terminated arbitrarily, a crucial point in the familial dispute.
$20 billion of IPOs per year a new normal for India: JP Morgan
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next