D-Mart vs 'd mart' courtroom drama ahead of IPO

Delhi HC issues notice as namesake moves for restraint order on alleged trademark infringement

N Sundaresha Subramanian  |  New Delhi 

It was March 7, hours before the D-Mart initial public offering (IPO) opened for subscription in the bourses. The top executives and bankers of mothership Avenue Supermarts were busy with last-minute errands and calls. Hundreds of miles away in the Delhi High Court, a petition came for hearing before judge Rajiv Sahai Endlaw. Dolphin Mart, a firm based in the capital’s Okhla Industrial Area, sought an injunction against the usage of the ‘D-Mart’ name.   Promoted by K V Rao, a former executive of the Shriram group’s Usha International in 1992, Dolphin Mart ...

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D-Mart vs 'd mart' courtroom drama ahead of IPO

Delhi HC issues notice as namesake moves for restraint order on alleged trademark infringement

It was a March 7, just hours left before the D Mart initial public offering (IPO) opened for subscription in the bourses. The top executives and bankers of the mothership Avenue Supermarts were busy with the last minute errands and calls. Hundreds of miles away in the Delhi High Court, a petition came up for hearing before Judge Rajiv Sahai Endlaw. Dolphin Mart, a firm based in the capital's Okhla Industrial area, sought an injunction against the usage of the 'D MART' name. Promoted by KV Rao, a former executive of Shriram group's Usha International in 1992, Dolphin Mart deals in what it calls "Lifestyle Retail." Its 'dmart Exclusif' deals in "aspirational and life style collectibles." Rao, from a textile family, studied nuclear physics and industrial management in Indian Institute of Science, Bangalore, according to the group website. While Rao is the chairman of the company, the next generation led by son Praveen Rao have taken charge of day to day operations. Dolphin sued Avenue .. It was March 7, hours before the D-Mart initial public offering (IPO) opened for subscription in the bourses. The top executives and bankers of mothership Avenue Supermarts were busy with last-minute errands and calls. Hundreds of miles away in the Delhi High Court, a petition came for hearing before judge Rajiv Sahai Endlaw. Dolphin Mart, a firm based in the capital’s Okhla Industrial Area, sought an injunction against the usage of the ‘D-Mart’ name.   Promoted by K V Rao, a former executive of the Shriram group’s Usha International in 1992, Dolphin Mart ... image
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