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Bombay High Court restrains Apeejay Surendra Group from using Candy Crush Saga images – Spicy IP

by Devika Agarwal King.com, the company which owns intellectual property rights over Candy Crush, was recently embroiled in a copyright infringement suit against the Apeejay Surendra Group, a business conglomerate in India. King.com (which was represented by law firm Khaitan & Co.) had filed a copyright infringement suit against Apeejay Surendra Group after King discovered that the…

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Who might bid for Payment Banks? – Anand Raman

Until this month, RBI maintained the view that only licensed commercial banks can offer cash-out services, due to which a number of banks and non-banks had formed partnerships. While the RBI’s view hasn’t changed, it has simply decided to regulate non-banks offering business correspondent services too, as differentiated, Payments Banks (PB).

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Security breach in NIC allowed hackers to issue fake digital certificates – Hindustan Times

by Saikat Datta, Hindustan Times  A major security breach of the National Informatics Centre (NIC), which runs all the emails of senior officials and websites of all central government departments, allowed hackers to issue several fraudulent digital certificates, raising global concerns about India’s net security practices. The NIC is one of the select few authorised…

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The redBus sale: A cautionary tale – Mint

by Mihir Dalal and Ashish K. Mishra Bangalore/Mumbai: If you are the founder of a start-up or work in a start-up, then this story is for you. If you hope to ever go down that path, keep reading. Because what happened at redBus—yes, redBus, the whale of a start-up success story of the last few…