The National Stock Exchange (NSE) has filed a case against domain name registrar GoDaddy and Hyderabad-based technology firm Manshi Systems at the Bombay high court over alleged copyright and trademark infringement of its software, reports Mint. The exchange alleges that Manshi was allowing customers to access NSE's NOW platform and the available data via its own software at prices far lower than those charged by NSE. NSE NOW is among the data and info-vending products offered by NSE through its wholly owned subsidiary DotEx International Ltd. The annual fee for real time stock information can range from (pdf) Rs 28 lakh to 40 lakh. The company also offers the same information with a slight delay at lower price points. For instance, you'll get the information with a minute's delay for a fee of 12.50 lakh per year or with a 15 minute delay for for Rs 2.50 lakh. Manshi meanwhile was allegedly letting its customers access these terminals for a monthly fee of only Rs 500 as per this older screenshot of the website! The site however now has a placeholder page on its website. The company sells a software called Manshi RT which gives one access to various stock related services including the one provided by Now. Hot News all over again The data provided by NSE by itself might not be covered under copyright, as it would fall under the 'hot news' category. The company however converts the raw data into various statistical formats for trade analysis. It also has a database…
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