Google Must Remove Ads That Infringe Upon Trademarks: Delhi HC; 28% GST on online gaming is ON

Curated news from Indian startups and tech ecosystem                                                                                                                                                                                                                                                                                                                                                                                                                 [Open in app]( or [online]() [Google Must Remove Ads That Infringe Upon Trademarks: Delhi HC; 28% GST on online gaming is ON]( Curated news from Indian startups and tech ecosystem Aug 11   [Share](   NextBigWhat’s IndiaTech newsletter is back! It is bundled with the 8 AM newsletter - so if you are a paid subscriber of that, you will also have access to the IndiaTech newsletter. Today's top stories include a ruling from the Delhi High Court on ads infringing trademarks, Reliance Jio's funding, and GST on online gaming. Google Must Remove Ads That Infringe Upon Trademarks: Delhi High Court In an adverse ruling for Google, the Delhi High Court has held that Google should actively remove ads that infringe upon trademarks. [Upgrade to paid]( The court found that Google encourages users to use trademarks as keywords, and benefits financially from the ads that are displayed. As a result, Google cannot claim exemption from liability under the Information Technology Act, 2002. --------------------------------------------------------------- Reliance Jio raises $3 billion via syndicated loans; $2.2 billion invested by Swedish Export Credit Agency - RIL and RJIL together raised $3 billion via syndicated loan facilities in FY 2022-23. - $2.2 billion of this financing was provided by the Swedish Export Credit Agency (EKN) for 5G rollout. - The report also shows a 65 percent increase in attrition rate, primarily in junior to mid-level management, and a 24.9% financial performance improvement for Jio. --------------------------------------------------------------- VC Investors Predict Rebound in Indian Start-up Funding Within 1 Year - 50% of VC investors anticipate a revival of start-up funding in India within 6-12 months. - Investment in 2023 is projected to be within $12-$15 billion, bouncing back to $15–20 billion in 2024, with deal numbers also recovering. - Redseer identifies 10 key sectors, including beauty, wellness, e-commerce, and finance, as potential hotbeds for future unicorns. 100s of Podcasts summarized on AtomicIdeas.AI --------------------------------------------------------------- Leading Media Outlets Call for AI Training Datasets Rules - Major news media organizations, including AP and AFP, have called for a legal framework to protect their content from being used without consent by tech companies for AI training... Keep reading with a 7-day free trial Subscribe to nextbigwhat / daily. to keep reading this post and get 7 days of free access to the full post archives. [Start trial]( A subscription gets you: Subscriber-only posts and full archive Post comments and join the community   [Like]( [Comment]( [Restack](   © 2023 Zakti Techmedia Private Limited 677, 27th main, HSR Layout, Bangalore-560102 [Unsubscribe]() [Get the app]( writing]()