MAM
Law college apologises for Suits vs Jolly LLB 2 ad
NEW DELHI: Last week, readers came across a curious ad on the front page of The Times of India’s Bhopal edition. The print advert by Indore Institute of Law drew a comparison between two fictional characters Harvey Specter from American TV series Suits and Akshay Kumar from Jolly LLB. It bore the caption that an aspiring lawyer could be either – “Choice is yours.”
The picture started doing the rounds on social media platforms and netizens were quick to slam the college’s perceived elitist stance behind the ad. Others accused the institute of denigrating the “dignity of Indian lawyers.” Social media pundits also questioned whether the college had obtained permission from the original creators before running the campaign. A fair few wondered why the institute chose fictional characters instead of its own alumni or famous practitioners of law in the real world.
The overall impression in certain sections of social media was that the ad was in poor taste and problematic; and not the inspired idea that the advertisers imagined it to be.
Facing flak, the law college later issued an apology saying, “We assure everyone that it was absolutely not our intention to offend anyone or defame any section of the legal profession.”
But the damage was already done and the ad-makers were brutally trolled for their creative sense.
Please find our clarification regarding our advertisement published on 15/10/2020. We would like to make clear the…
Posted by Indore Institute of Law on Thursday, 15 October 2020
Being a Law Institute, the college should have known better than to draw such a superfluous comparison, besides flagrantly violating the Intellectual Property and Trademark code on top of that. As per rules, no agency or brand can use any celebrity or work of any other firm without their approval, and if it has done so then the company has to pay the penalty under the Copyright Act. However, if the ad is published on social media, not many will raise the question of ethics.
Using others’ IP in an advertisement is not uncommon, but this case has come into the limelight because the brand chose the ATL medium. Had the flyer had been limited to social media, it probably wouldn't have caused such a ruckus.
ASCI secretary-general Manisha Kapoor shared that the council has not received any complaint in this regard as of now.
Explaining the due process of dealing with violations, Kapoor said: “The advertiser will be asked to furnish the required permissions and an independent consumer complaints council will duly examine the objections and the advertiser’s response, and ascertain if the ASCI code has been violated. The advertiser will be asked to modify or withdraw the advertisement in question if it is found violating the ASCI code.”
ASCI seeks to ensure that advertisements conform to its code for self-regulation, which requires advertisements to be legal, decent, honest, and truthful and not hazardous or harmful while observing fairness in competition. The code also describes that the ad should not be derogatory to competition without any plagiarism. It should not use indiscriminately for the promotion of products, hazardous or harmful to society or to individuals.
Brands
HCLTech delivers Rs 24 dividend as revenue hits Rs 1.3 lakh crore
IT giant delivers solid growth for shareholders with a major payout despite navigating global market shifts.
MUMBAI: HCLTech has clearly found the right code for financial success, proving that its operational strategy is more than just a quick fix for the digital age. The technology titan’s board of directors officially signed off on their year-end deliberations on 21 April 2026, revealing a set of annual results that suggest the company’s growth trajectory remains well-buffered against economic volatility.
The primary highlight for investors is the declaration of an interim dividend of Rs 24 per equity share (on a face value of Rs 2) for the 2026–27 financial year. Shareholders will not have to wait long for the processing of these funds; the record date is set for 25 April 2026, with payments scheduled to be completed by 5 May 2026. This follows a total dividend of Rs 54 per share already distributed during the 2025–26 fiscal year.
The consolidated annual results show a company operating at a high frequency across its global markets. Total revenue surged to Rs 130,144 crore for the year ended 31 March 2026, a significant jump from the Rs 117,055 crore recorded the previous year. Net profit remained robust at Rs 16,652 crore for the full year, despite a slight dip from Rs 17,399 crore seen in 2025. Quarterly performance also reflected steady momentum, with Q4 revenue reaching Rs 33,981 crore and net profit at Rs 4,490 crore, compared to Rs 30,246 crore in revenue during the same period last year.
The company’s diverse service portfolio played a balanced role in this financial performance. IT and Business Services remained the primary engine, contributing Rs 96,094 crore to annual revenue. Engineering and R&D Services showed strong growth, climbing to Rs 22,056 crore for the year, while HCL Software maintained a consistent stream of Rs 11,994 crore.
It was not entirely smooth scrolling, as the company had to account for specific financial hurdles. HCLTech faced a one-time impact of Rs 956 crore due to the New Labour Codes. Additionally, total expenses for the year rose to Rs 108,616 crore. This was largely driven by employee benefits, which reached Rs 74,143 crore, a figure that reflects the ongoing high costs of securing top-tier tech talent in a competitive market.
On the standalone front, the company reported a profit before tax of Rs 10,024 crore for the year. However, the final quarter saw a standalone loss of Rs 900 crore, which the company attributed to a material Bilateral Advance Pricing Agreement (BAPA).
Despite the rise in costs, HCLTech’s financial “cache” remains substantial. Total assets grew to Rs 116,258 crore as of 31 March 2026, compared to Rs 105,544 crore a year earlier. The company’s cash and cash equivalents stood at a healthy Rs 8,195 crore at year-end, providing ample bandwidth for future investments and expansion.
As the global tech landscape continues to shift, HCLTech appears to have the right architecture to maintain its performance, ensuring that for its investors, the future remains highly user-friendly.
