13th BRICS Education Ministers' meeting concludes with Declaration (See 'Corp Brief') IEPFA organises Stakeholder Engagement with Nodal Officers of Companies on Portal 2.0 (See 'Corp Brief') SARFAESI - Any tenancy created after issuance of notice u/s 13(2) without prior written consent of secured creditor, is void ab initio: HC National Handloom Day celebrates Tribal Weaves of India (See 'Corp Brief') SECL leads India in Scientific Mine Closure, Transforming abandoned Mines (See 'Corp Brief') IBC - RBI prudential norms stopping banks from recognising interest income on NPA accounts do not wipe out borrower's obligation to accrue & recognise interest expense in its own financial statements: NCLAT (See 'Legal Desk') Sowa-Rigpa must emerge as Globally Recognised Evidence-Based Healthcare System: Jadhav (See 'Corp Brief') Insurance Division, DFS secures 3rd Rank in Group A Category of Grievance Redressal (See 'Corp Brief') IPR - Registration of defendant's trademark does not bar passing off action where plaintiff establishes prior goodwill, misrepresentation and likely damage: HC (See 'Legal Desk') IndiaAI Mission organised AIKosh Univ Engagement Programme at Chitkara Univ (See 'Corp Brief') A&C - In international commercial arbitration seated in India, ground of ‘patent illegality' u/s 34(2A) is expressly excluded: HC (See 'Legal Desk') Comprehensive measures taken to boost digital infrastructure & cyber security: Jitin Prasada (See 'Corp Brief') Misc - A minor admitted to benefits of partnership firm is not personally liable for debts or liabilities incurred by firm during age of minority - ergo, bank communication declaring minor as wilful defaulter is invalid: HC (See 'Legal Desk') IPC showcases India's Regulatory Excellence at WHO Meeting in Nepal (See 'Corp Brief') Companies Act - Solely because a private bank carries on banking operations as scheduled bank or is bound to follow regulatory guidelines issued by the RBI, it does not acquires character of a statutory body: HC (See 'Legal Desk') GI & Beyond 2.0 Summit showcases India's GI-tagged Handloom and Handicraft Products (See 'Corp Brief') IPR - Test for 'efficacy' u/s 3(d) of Patents Act is not limited to 'therapeutic efficacy' for all substances: HC (See 'Legal Desk') CCI approves combination of many entities into InterGlobe Hotels (See 'Corp Brief') IPR - U/s 9(1)(a) of Trade Marks Act, correct legal test is whether applied mark possesses 'distinctive character', means if it is capable of distinguishing applicant's goods from those of others - YES: HC (See 'Legal Desk') House Panel deliberates on strengthening Human-Wildlife Conflict Mitigation through Technology (See 'Corp Brief') IBC - Private bank's commercial decision on debt assignment or settlement, even if regulated by RBI norms, remains private banking transaction and does not satisfy function test for writ maintainability: HC (See 'Legal Desk') PM-PRANAM Promotes Balanced Use of Fertilizer, Organic Farming (See 'Corp Brief') IPR - In absence of evidence showing acquired distinctiveness or secondary meaning, descriptive mark could not validly remain on Register: HC (See 'Legal Desk') On International Clouded Leopard Day, India strengthens Conservation through Dedicated Action Plan (See 'Corp Brief') Limitation - Single Judge rightly declined to exercise writ jurisdiction in a matter which essentially involves contractual obligations & involves disputed issues of fact: HC (See 'Legal Desk') Tete-a-tete around AI in banking sector often begins with algorithms (See CORP EINSICHT)

RM to inaugurate DefConnect 4.0

Published: Oct 07, 2024

By TIOLCorplaws News Service

NEW DELHI, OCT 07, 2024: RAKSHA Mantri Rajnath Singh will, on October 07, 2024, inaugurate DefConnect 4.0 at Manekshaw Centre, Delhi Cantt, a significant step towards advancing indigenous innovation and celebrating the growing defence ecosystem of the country. The event is being organised by Innovations for Defence Excellence - Defence Innovation Organisation (iDEX-DIO), under Department of Defence Production, Ministry of Defence.

DefConnect 4.0 marks a milestone in India's defence innovation journey, bringing together the Armed Forces, Defence Public Sector Undertakings (DPSUs), industry leaders, innovators, start-ups and MSMEs, academia, incubators, investors and policymakers.

The event will feature an exciting Technology Showcase, presenting iDEX innovators with a unique opportunity to exhibit their cutting-edge technologies, advanced capabilities and ground-breaking products. This showcase is designed to engage a diverse audience of stakeholders, fostering collaboration and sparking dialogue that drives innovation forward with focus on forging powerful collaborations.

DefConnect 4.0 will feature launches and announcements by Raksha Mantri, alongside interactive and engaging sessions featuring industry leaders and defence stalwarts. The event will also include a themed session focusing on recent budget announcements, key takeaways for the defence innovation ecosystem, and the latest initiatives in the semiconductor domain.

Till date, iDEX has launched 11 editions of Defence India Start-up Challenges, and has garnered over 9,000 applications. It is currently collaborating with more than 450 start-ups/MSMEs on important projects. Launched by Prime Minister Narendra Modi in 2018, iDEX continues to provide a unified platform for various stakeholders in the defence and aerospace sectors, contributing to the vision of Viksit Bharat by 2047.

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