by Majmudar & Partners | Jun 3, 2026 | Policy & Governance Updates
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...
by Majmudar & Partners | May 15, 2026 | Authored by Akil Hirani, Foreign Investment
Download .pdf On May 2, 2026, the Indian government notified two (2) amendments to the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (the “NDI Rules”) to align the NDI Rules with the below listed changes introduced in India’s Foreign Direct Investment...
by Majmudar & Partners | May 5, 2026 | Technology, Telecommunication and Media
India’s Ministry of Electronics and Information Technology (“MeitY”) has recently proposed the establishment of the Online Gaming Authority of India (the “Authority”) under the Promotion and Regulation of Online Gaming Act, 2025, thereby seeking to create a dedicated...
by Majmudar & Partners | Apr 28, 2026 | Foreign Investment
Download .pdf The Indian government is currently evaluating a landmark policy shift that could allow Foreign Direct Investment (“FDI”) in inventory led e-commerce models, specifically for export purposes. Historically, India has maintained a strict prohibition on FDI...
by Majmudar & Partners | Feb 3, 2026 | Banking and Finance, Policy & Governance Updates, Tax
Download .pdf India’s Union Budget (the “Budget”) for the financial year 2026-27 was announced on February 1, 2026, and the Finance Bill, 2026 (the “Finance Bill”) was tabled in Parliament. The Finance Bill will undergo discussion in Parliament before its...