GOOD READS

Shanghai court gives Apple interim relief by rejecting Chinese tech firm's request to stop iPad sales

Shanghai, Feb 24 (ANI): A Shanghai court has rejected an appeal from a Chinese tech firm to ban sales of Apple's widely popular iPad in the city.

China's Shenzhen Proview Technology that says it owns the rights to the iPad trademark recently won a lower court ruling to ban sales of Apple's computer tablet in Guangdong province.

Proview, the firm based in the country's Guangdong province, is utilizing lawsuits in several places and is requesting commercial authorities in 40 cities to block iPad sales.

But the Shanghai Pudong New Area People's Court said it could not support Proview's application because no ruling has been made on whether Apple has violated Proview's exclusive right to use the iPad trademark, The China Daily reports.

A lawsuit over the right to use the trademark in China is still under the second instance trial at Guangzhou people's higher court, which is scheduled to hold a hearing on Wednesday.

According to the report, Xie Jinnan, a lawyer for Apple, said he was notified about the court's decision but is not authorized to make further comments on the case.

Meanwhile, Apple claims that it does hold trademark rights to the iPad in China.

"We bought Proview"s worldwide rights to the iPad trademark in 10 different countries several years ago," Apple spokeswoman Carolyn Wu earlier said.

"Proview refuses to honor their agreement with Apple in China and a Hong Kong court has sided with Apple in this matter," Wu added.

Lawyers representing Apple have accused Proview of breaching 'principles of good faith and fair dealing' and of making 'false and misleading' statements. (ANI)

Quiz: How well do you know India's economy?

Question 1

Which of these products is India the world's largest producer of?

Poll Choice Options
  • Wheat
  • Rice
  • Milk
1
2
3
4
5
6
7
8
9
10

Latest News

  • Fed's Yellen says rates will need to rise as recovery takes hold

    Federal Reserve Chair Janet Yellen said on Wednesday U.S. interest rates will need to rise as the economy recovers even though risks to the Fed's inflation target are currently to the downside rather than the upside. "I hope it's completely clear that while monetary policy is very accommodative at this point ... as the recovery proceeds and healing occurs, it's obvious that we will need to tighten monetary policy to avoid overshooting our target," she told the Economic Club of New York in …

  • Fed needs to stay alert for possible surprises - Yellen

    Federal Reserve Chair Janet Yellen said on Wednesday the U.S. central bank would need to stay alert in case the economy, and inflation, do not behave as policymakers expect. "We will have to watch unfolding evidence and evaluate it with an open mind and very carefully in the months ahead to make the assessments that will be necessary," Yellen told the Economic Club of New York in answer to a question. Yellen reiterated her expectation that the presence of an unusually high number of long-term …

  • Bank of America in talks with U.S. on probe of Merrill - sources

    Bank of America Corp (BAC.N) has held talks with the U.S. Justice Department to resolve a civil fraud probe into Merrill Lynch’s sale of flawed mortgage securities ahead of the financial crisis, people familiar with the negotiations told Reuters. On Wednesday, the No. 2 U.S. bank reported it took a $6 billion charge to cover litigation expenses, a figure that far exceeded the legal settlements the bank has announced recently. The sources did not say whether Bank of America and the government …

  • Yellen says full U.S. employment coming into view, slowly

    Federal Reserve Chair Janet Yellen said on Wednesday the U.S. economy appeared to be slowly moving toward full employment, but that it would need help from the central bank for some time to come. In her second public speech since taking the Fed's helm, Yellen said it was "quite plausible" the economy would be back to near full employment and a healthier level of inflation by the end of 2016. Yellen used her speech to provide a monetary policy road map of sorts to one of the Fed's most …

  • Explore Philly's 'Most Hated House,' Now Asking $4.4M

    Click here to view the full photogallery. Few homes have provoked as strong a reaction from the Curbed Philly readership as the Latimore House, which has been compared to "a rec center or a suburban DMV," a SAAB dealership... …

IN-DEPTH ANALYSIS & INTERVIEWS

  • This might well be India’s biggest Ponzi scam

    It was just too good to be true. Ashok Khital, 45, displays every symptom of a man who knows he's been conned. …

  • India's star studded football league

    High and mighty including Sachin, Salman & Sun Group buy ISL teams …

  • Leaderspeak with Rajesh Janey

    Rajesh Janey, President - India & SAARC, EMC shares many firsts in his life. …

  • Seed of Doubt

    Field trials have been allowed again in India. But two decades after their global launch, genetically modified (GM) crops remain controversial. …

  • Power Hungry

    Gujarat has power round-the-clock. Most other states do not. Why this will matter in the general elections. …

  • Etcetera

    The most keenly watched contest of the current general election will be the one for the Varanasi parliamentary seat, where the Bharatiya Janata Party's prime ministerial hopeful Narendra Modi squares off ... …

  • Economy vs Democracy

    As the country gets election fever, cash comes out of mattresses and turns into liquor, gifts, and food. But it is not bad for the health of the economy, reports Sarika Malhotra from the trenches. …

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    15.64-0.96-5.78%
    UNITECH.BO
    109.65+9.55+9.54%
    FRL.BO
    431.75+14.15+3.39%
    ADANIENTE.BO
    70.80-4.85-6.41%
    HDIL.BO
    13.11-0.68-4.93%
    SUZLON.BO
  • Price % Gainers
    Price % Gainers
    NamePriceChange% Chg
    261.86+154.66+144.27%
    EFPL.BO
    714.05+119.00+20.00%
    SUNDRMCLAY.BO
    155.25+25.85+19.98%
    PANACEABIO.BO
    465.00+75.00+19.23%
    GCMSECU.BO
    79.70+12.10+17.90%
    VIMTA.BO
  • Price % Losers
    Price % Losers
    NamePriceChange% Chg
    17.300.000.00%
    ALFAICA.BO
    10.650.000.00%
    BORAX.BO
    22.000.000.00%
    EMAINDIA.BO
    849.50-10.50-1.22%
    DYNAMATESL.BO
    14.54-1.85-11.29%
    ZYLOG.BO
  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.