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2015 was significant because that was when IndiGo Airlines decided to go public, bringing the matter to the fore once again.This was a matter from April 2021 which was pursued in the World Intellectual Property Organisation (WIPO) by Tata Sons, the holding company of the Tata group, over a domain name called taatas.com, an English and Tamil website, which was owned and operated by a Sri Lankan Thobiyas Segaram Bernard Vasanthkumar through his companies in Sri Lanka.Tata Sons had argued that the domain name was deceptively similar to its own website tata.com, which bore the Tata brand name.
Ironically, this was a rare instance, where WIPO held that while phonetically similar, the use of taatas.com did not constitute domain name squatting, a kind of copyright infringement practiced online where a name is registered to profit from the goodwill of a trademark belonging to someone else.
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Meanwhile, slower interest rate cuts could hinder economic growth and reduce oil demand.
Check the latest petrol and diesel prices in major cities on 20 December 2024.Wealth creation through blockchain enabled lending Grow Your Wealth with Smart Investments