11 Indian Startup News Stories You Don’t Want To Miss This Week [15-20 Apr]

11 Indian Startup News Stories You Don’t Want To Miss This Week [15-20 Apr]

  • The Reserve Bank of India (RBI) has now released a draft 'Enabling Framework for Regulatory Sandbox' that will allow fintech startups to test within a regulatory sandbox (RS).
  • On April 10, the Delhi High Court banned nearly 30 torrent websites whose content was violating the copyright of film production companies such as Twentieth Century Fox and UTV Software Communication Ltd.
  • The case was filed by UTV Communications and Twentieth Century Fox, seeking directions to ban torrent websites, such as RARBG, YTS, ExtraTorrent and Pirate Bay, which were contain links to torrents of original content produced by them.
  • According to a Billboard report Amazon has entered into discussions with record companies to launch a free, ad-supported music service, which could be launched as early as next week.
  • Hearing a lawsuit filed by Delhi-headquartered film entertainment company PVR Cinemas, the Delhi High Court has asked Justdial to restrain from using the registered mark PVR or any deceptive variant thereof which is identical or similar to PVR in respect of meta-tags in any manner.
  • Hong Kong-based coworking startup, Garage Society announced its plans to launch new coworking spaces in three new locations across Gurugram.

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