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Intellectual property rights in the digital age

Intellectual property rights in the digital age

The Hindu19-05-2025
Years and years ago, a young woman made a board game to teach people about an economic ideology and a few years down the line, a man decided to create something very similar to it and sold it to a bigger company for large profits. The woman almost got forgotten with time and it was only much more recently that a document stating her authority over the board game and its concept was found while a legal battle was happening. This was Elizabeth Magie, the inventor of the game Monopoly (initially known as The Landlord's Game). If she had not filed a copyright patent on her game in 1904, no credit would have crossed her name while turning the pages of history.
It was in the 1970s that the involvement of Magie in creating Monopoly came out during a legal battle. Ralph Anspach, an economics professor and creator of the game 'Anti-Monopoly', was in a legal battle when he discovered documents that traced Monopoly's origins back to The Landlord's Game.
The ideas behind a product can be just as valuable as the product itself. These ideas—ranging from inventions to creative works—are protected by Intellectual Property Rights (IPR). Intellectual Property Rights are legal rights granted to individuals or organisations over the creations of their intellect. These rights give the creator exclusive control over the use of their creations for a certain period (20 years in India), allowing them to reap economic benefits and maintain control over how their work is used or reproduced.
TYPES OF IPR
1. Copyright which protects original works of authorship, such as books, music, films, software, and artwork.
2. Patents that protect inventions or new processes, granting the inventor exclusive rights to use and commercialise the innovation.
3. Trademarks which protect symbols, names, and slogans used to identify goods or services.
4. Trade secrets which protect confidential business information that provides a competitive edge, such as recipes or manufacturing techniques.
5. Industrial Design Rights to protect the aesthetic aspect of an item, such as shape, pattern, or colour.
How to File for Intellectual Property Rights
To file a patent in India, you'll need to prepare and submit a patent application to the Indian Patent Office (IPO). This entails a number of procedures, such as invention disclosure (a document that contains as much information as possible about your invention, such as a clear description, drawings, and claims), patentability search (a search to see if your invention is new and unprotected by existing patents), application preparation, and examination requests. The application can be submitted in person or online.
Examples of patented content around us!
Throughout history, intellectual property rights have played a vital role in protecting the creative and financial interests of content creators. For example, if Walt Disney had not safeguarded characters like Mickey Mouse through trademark protection, ensuring that only Disney could license and monetise them, they would not have been able to build such a strong empire today. A GI tagged product (Geographical Indicator) refers to a product having a specific country or place considered as the place of origin of that product.
Intellectual Property Rights are the backbone of creative and innovative economies. They ensure that creators—from writers and musicians to inventors and designers—receive recognition and compensation for their work. Understanding how to file for these rights and securing them appropriately is essential for protecting both creative integrity and potential income. As digital technology makes content reproduction easier than ever, the role of IPR in protecting originality and promoting innovation has never been more critical. With creators and influencers calling out each other for imitating trends and ideas, it's all the more important to understand the concept of intellectual property rights.
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Gem Aromatics IPO: Business overview, financials, key risks— 10 key things to know from RHP
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Gem Aromatics IPO: Business overview, financials, key risks— 10 key things to know from RHP

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Trump's tariffs push Brics closer, but India wants to retain strategic autonomy
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Trump's tariffs push Brics closer, but India wants to retain strategic autonomy

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Vikram Solar IPO: Can India's photovoltaic module maker outshine its peers?
Vikram Solar IPO: Can India's photovoltaic module maker outshine its peers?

Mint

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Vikram Solar IPO: Can India's photovoltaic module maker outshine its peers?

India's solar story is shining brighter than ever. In just over a decade, the country has leapt from a modest 2.6 GW of installed capacity in 2014 to an impressive 84.27 GW today—making it the world's fifth largest solar producer. This is a reflection of India's commitment to cleaner energy, driven by supportive government policies, bold renewable targets, and massive investments. For investors, the sector's growth has already rewarded early movers, but the expansion story is far from over. Rising demand, global supply chain shifts, and policy support are paving the way for new leaders. Amid this focus on solar space, the much-awaited Vikram Solar IPO has grabbed significant attention. Vikram Solar is a solar photovoltaic module manufacturer with 16 years of experience. Its primary business is to manufacture solar PV modules for use by customers across a range of industries. The company also provide EPC and O&M services. 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These services, often bundled with EPC projects are provided through its affiliate, VSL Renewable Services Private Limited (formerly VP Utilities & Services Private Ltd), and cover the complete lifecycle of a solar installation. What's behind the hype for this IPO? The distribution strategy focuses on high-demand regions—Western, Northern, and Southern India—managed by regional cluster heads and territory managers to ensure deep market penetration. IPO Details and Structure For small non-institutional investors applicants, the minimum investment is ₹209,160 (14 lots). For big non-institutional investors, it is ₹1,000,980 (67 lots). The IPO comprises a fresh issue of ₹2,080 crore, comprising an issuance of 4.5 crore shares, to raise ₹1,500 crore, along with an offer for sale of 1.75 crore shares, totaling ₹580 crore. JM Financial is serving as the book running lead manager, while MUFG Intime India Pvt. Ltd. is the registrar for the issue. A Look at Financials Vikram Solar's financial performance over the last three financial years shows a strong upward trajectory. Revenue has grown to ₹3,423.4 crore in FY25 at a CAGR of 28.5%. The Ebitda has more than doubled in this period, from ₹1,86.1 crore in FY23 to ₹492 crore in FY25. The profit after tax (PAT) has surged from ₹14.49 crore in FY23 to ₹139.8 crore in FY25, a CAGR of 210.6%, driven by improved operational efficiency and scale. The PAT margin improved from 0.7% to 4.1%, indicating stronger profitability and cost management. Particulars ( ₹million)FY23FY24FY25Revenue20,732.325,109.934,234.5EBITDA1,861.83,985.84,920.1Profit After Tax144.9797.21,398.3PAT Margin0.73.24.1Order book Quantity (MW)2,786.94,376.210,340.8 Source: RHP Filing 12 August 2025 The company's order book has also ballooned from 2,786.9 MW to 10,340.8 MW, underscoring a robust demand pipeline. Competitive Advantage Vikram Solar benefits from strategically located facilities in the port cities of Tamil Nadu and West Bengal, providing significant cost and time efficiencies. These locations facilitate smoother exports to international markets, helping the company expand its reach and attract a broader customer base. Domestically, the company serves key customers directly for large-volume orders from 10 MW to 500 MW and above. Smaller retail orders are fulfilled through an extensive distribution network. Under exclusive arrangements, distributors resell Vikram Solar's products to end customers, ensuring wide market coverage. Internationally, the company exports its solar PV modules to key global clients, further strengthening its presence and competitiveness in the global solar market. Peer Comparison This peer group is based on companies currently listed on the stock exchanges… NameRevenue ( ₹million)PE ratioBasic EPS (Rs)Return on Equity (%)Net Asset Value per Equity Share (Rs) For FY25Vikram Solar34,595.3-4.611.339.2Waaree Energies148,460.645.868.220.1334Premier Energies66,520.94721.433.262.6Websol Energy Systems5,774.34036.655.665.9 Data Source: RHP Vikram Solar operates at a much smaller scale compared to its peers. On the earnings too, Vikram Solar's basic EPS stands at ₹4.6, far below its peers. The net asset value per share is ₹39.2. This indicates that Vikram's balance sheet is smaller in per-share value terms, but it also points to potential room for expansion if the IPO proceeds are effectively deployed. Overall, while Vikram Solar currently trails its larger and more profitable peers in scale and per-share earnings, its growing order book and expanding manufacturing capacity could help it close the gap in the coming years. Strong Expansion Plan At a pre-IPO event, Vikram Solar said it will move forward with its plan to establish a 3-gigawatt (GW) solar module manufacturing facility in Colorado, USA. This decision comes despite proposed regulatory measures from the Donald Trump administration that could weigh heavily on clean energy companies. Earlier in 2025, the company had considered shelving the project after Trump's initial executive orders took effect. But with US courts starting to strike down portions of those directives, Vikram Solar now sees a clearer path to making the Colorado facility a reality. It also has plans for further expansion in the US. Risk Factors Vikram Solar IPO GMP Vikram Solar 's shares were trading at a premium of ₹70 in the grey market as on 13 August, as per media reports. Based on the upper end of the IPO price band and the prevailing grey market premium, the estimated listing price – ₹402 per share — is about 21.08% higher than the IPO price of ₹332. The grey market premium reflects investors' willingness to pay above the issue price. It offers no guarantee of profits. Conclusion India is poised for a massive solar expansion, with 25–27 GW of new projects planned in FY26. Between 2026 and 2030, an additional 28–30 GW of rooftop installations and substantial capacity additions across industrial, commercial, and residential segments are expected, making the sector's growth momentum undeniable. Rising consumer awareness, improved financing options, and better grid access are set to further fuel demand, creating a strong tailwind for Vikram Solar. Leveraging its extensive domestic distribution network and expanding manufacturing capacity, the company appears well-positioned to capture these opportunities. It's always prudent to conduct thorough research before making any investment decisions. Ensure that the investment aligns with your financial objectives and matches your risk tolerance level. Happy Investing. Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. This article is syndicated

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