Akil Hirani, Managing Partner & Head of Transactions Practice at Majmudar & Partners, has been featured as a top-ranked lawyer in Forbes India’s Legal Powerlist 2020. The list recognizes some of the best lawyers in India in the year 2020 based on several parameters.
FPI update
The Reserve Bank of India has recently notified that shares held by foreign portfolio investors (FPIs) in listed Indian companies in excess of the 10% investment cap will either have to be divested or reclassified as foreign direct investment (FDI). Moreover, on...