PMC

Apple Wins Court Ruling Throwing Out $308.5-Million Patent Verdict

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Apple Wins Court Ruling Throwing Out 8.5-Million Patent Verdict

Apple persuaded a federal judge to throw out a $308.5 million (roughly Rs. 2,298 crores) jury verdict it lost to a privately-held licensing firm for infringing a patent associated with digital rights management. In a Thursday night decision, US District Judge Rodney Gilstrap said Personalized Media Communications LLC (PMC) intentionally delayed filing its application with … Read more

One year later, PMC Bank depositors still struggling to get their money back

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One year later, PMC Bank depositors still struggling to get their money back

Mumbai: For depositors of the tainted Punjab and Maharashtra Cooperative (PMC) Bank, the situation is not very different from what it was almost a year ago when the RBI placed withdrawal restrictions on the bank after the mega scam involving misreporting of loans with senior bank officials’ involvement came to light. Exactly one year ago, … Read more