The Delhi High Court has observed that an e-commerce platform cannot become haven for infringers and it must protect the intellectual property rights of others. “E-commerce websites are commercial.
The Delhi High Court observed that e-commerce websites are commercial ventures and are inherently profit oriented, which is not objectionable, but they have to protect intellectual property rights of others.
Ecommerce: The Delhi High Court observed that e-commerce websites are commercial ventures and are inherently profit oriented, which is not objectionable, but they have to protect intellectual property rights of others.
The brokerage said IndiaMART is trading at a premium to multiples of classifieds-based models listed globally and in India, barring Info Edge. But its premium valuations are justified, given a healthy earnings growth outlook, strong cash generating abilities, and superior returns profile, it said.