Congratulations to Akil Hirani, Managing Partner and Head of Transactions, on being ranked as a top lawyer in India by Forbes India in their Legal Powerlist 2022.
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...