Professor Sanjay Shitole gave a presentation on understanding intellectual property rights. He began by defining intellectual property and listing the main types: copyright, patents, trademarks, and trade secrets. He described how each type protects creative works, inventions, brands, and confidential information. The presentation explained that intellectual property rights are important as they encourage innovation, provide legal protections for creators and inventors, and foster economic growth. It also discussed balancing these rights with public interests and the need for intellectual property education.