That's a great resource, thanks HappyHour! BTW, India is not currently part of the Madrid system but I've read that they might join.

As these particular TMs were registered outside of India, I think the important question to ask is: are any of the "ITS" trademarks used and known in India?

If yes, then obviously you must use ITS.in in a completely different industry than what the TM is being used for. However, if the TM is a well-known or famous one, then that's when it is risky to own such a domain (even if you operate in a different industry).

Sorry Aarhint, I still haven't grasped the art of giving domain appraisals. I do think it's a great domain though. Perhaps try asking for an appraisal on the domain appraisals forum.