The Reserve Bank of India has significantly amended the framework for external commercial borrowings for Indian companies. This will enable Indian companies, including subsidiaries of foreign companies, to borrow higher amounts for shorter timelines. Please go through our PPT for more information.
Recent developments at Swiggy: Did investors block a bona fide push to ease FEMA compliance or thwart an opportunistic move to consolidate power?
Swiggy, India’s leading food delivery and quick commerce, company ran into some turbulence in its attempt to make certain corporate governance changes and convert to an Indian owned and controlled company under Indian foreign exchange regulations. Indian...