We are delighted to share that Akil Hirani, Managing Partner at Majmudar & Partners has been inducted into The Legal 500 (Legalease) (Corporate M&A) – Hall of Fame for the Asia-Pacific region.
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...