Financial Daily from THE HINDU group of publications
Sunday, Sep 04, 2005

Port Info

Group Sites

Industry & Economy - IPR
Logistics - Airlines

Jet Airways buys trademarks from Jet Enterprises

Our Bureau

Mumbai , Sept. 3

JET Airways India Ltd has entered into agreements with Jet Enterprise Pvt Ltd (JEPL) under which the latter has transferred and assigned to Jet Airways, its right, title and interest in the `Jet Airways' trademark and other related trademarks.

The trademarks have so far been licensed by JEPL to Jet Airways. Agreements for the transfer of trademark were entered into on July 18, 2005. The trademark rights were transferred to Jet Airways for $7 million (Rs 30.44 crore). The licence agreements between JEPL and the company have come to an end, said a notice posted on the BSE on Saturday. According to a company official, Jet Airways now owns the brand. The valuation of trademark rights was done by independent agencies, he added.

`Jet Airways' is a registered trademark in India and abroad, including in Hong Kong, Singapore, the United Arab Emirates and Mauritius. However, objections have been raised to the registration of the `Jet Airways' trademark in the UK and in the US.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
Asian textile nations to join hands to rule global markets

AP gets Rs 5,500-cr export-oriented refinery — ONGC-MRPL also to set up SEZ at Kakinada with IL&FS
IOC may mandate Shell for study on investment climate
IOC open to buying Bengal's stake in Haldia Petrochem
IEA member-nations to release oil from emergency stocks
Textile exports to EU decline 2.89 pc
Intellectual capital assessment tool for cos launched
MPCB slaps `cease work' notice on mill property developers
FDI in paper sector: Finnish co may take lead
Jet Airways buys trademarks from Jet Enterprises
43rd tourism fair kicks off
PM inaugurates National Institute of Siddha
H.P. Kumar is NSIC Chairman

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line