Justdial.com wins law suit against Askme.in

Justdial-logoJustdial. com had registered a suit against a website named Askme. in alleging that the website hacked its list of phone numbers and started using it as its own.

Justdial. com is a website based in Mumbai and it provides a compilation of telephone numbers of various entities. The law suit was filed in Mumbai High Court as well as in the Delhi High Court. The company said that it suffered huge losses because of the alleged theft of telephone directory.

The company alleged that its directory was covered under "Copyright Act of 1957" and it had compiled the numbers after working on it for 14 years and Askme. in could not duplicate it. The company was able to convince the judge that Askme. in had illicitly used the directory of justdial. com as the two databases had indistinguishable spelling mistakes.

The judge gave the ruling in favor of Justdial. com and asked for the protection of intellectual property rights of internet-driven and telephonic services.

The court also issued an injunction order which prevented Askme. in from conducting its business. The HC also appointed two officials in Delhi and Mumbai to hold all computer hardware used by askme. in to store the data belonging to JustDial.


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Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Owner of Energy giant Reliance Industries, Mukesh Ambani has put in an extra 0.68% in EIH Ltd. With this, his total stake in the hotel chain has increased to 14.8%. In a filing to the Bombay Stock Exchange, EIH said that the shares were purchased from the market on Tuesday.

Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

On Monday, Reliance was quoted saying that it is widening its horizon and has procured 14.12% stake in EIH for a sum of $217.5 million.

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

On Thursday, Bajaj Auto posted a 55% increase in its sales of vehicles. In the month of August, the Company recorded sales of 3,29,364 vehicles, compared to 2,13,072 units in the same month the year before.

Last month, 2,89,176 two wheelers were sold by Bajaj Auto, a big surge than 1,82,441 units, which were sold in August 2009. The Company’s cumulative sales of two wheelers for the time frame between April and August 2010 increased by 68% and were recorded at 1,397,348 units. The number was high from 833,235 units that were retailed during the same period last year.