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GoAir, promoter spar over trademark amid IPO plan
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GoAir, promoter spar over trademark amid IPO plan
Reeba Zachariah / TNN / Updated: May 15, 2021, 06:10 IST
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MUMBAI: After flying for 17 years as ‘GoAir’, owner Nusli Wadia, in an abrupt move, changed the carrier’s brand to ‘Go First’. The rebranding was initiated ahead of taking his company Go Airlines public.
Go Airlines didn’t divulge the reason for the rebranding but its draft IPO prospectus filed with India’s capital markets regulator Sebi revealed that the GoAir brand was owned by Wadia’s younger son Jeh and not the company. Apart from the main brand, Jeh also owns two other marks Go Airlines and www.goair.in, used exclusively by the IPO-bound company. In March, Jeh had stepped down from the MD’s position at Go Airlines while remaining as its co-promoter.
GoAir explores legal options against former MD Jeh Wadia over trademark, domain names: Report
GoAir
GoAir, which has rebranded itself as âGo Firstâ, and filed preliminary papers for an initial share sale worth Rs 3,600 crore is now exploring legal actions against Jehangir Nusli Wadia (known as Jeh Wadia), one of its promoters and former managing director. This is being done to establish its ownership over all trademarks and domain names used by the company, said news reports.
In March, Wadia group-owned no-frills airline GoAir said that its managing director Jeh Wadia had stepped down from the position. The airline, however, said that Wadia will continue as a promoter.
In April 2021, Wadia made an application to the National Internet Exchange of India, to transfer 115 domain names from Net4India Ltd to Network Solutions
2 hours ago
After months of legal back-and-forths and bankruptcy proceedings, customers of the domain registrar Net 4 India may finally have a shot at retrieving their domain names the Internet Corporation for Assigned Names and Numbers on Wednesday announced that the bankrupt registrar’s domains will be transferred to Public Domain Registry (PDR), a US-based company. PDR is owned by the Burlington, Massachusetts based Endurance International Group, which owns several domain and web hosting storefronts. Net 4 India’s domain names have been stuck as customers have been unable to renew them due to the company’s operations crumbling amid insolvency proceedings.