In the last tranche of the economic relief package, India’s FM has opened up all sectors to private players. A new public sector enterprises (PSE) policy will list strategic and non-strategic sectors. Strategic sectors will have at least 1 PSE, although the maximum number of PSEs has been capped to 4.
This move will lead to consolidation or privatisation of existing PSEs and paves the way for participation of private players in key sectors like atomic energy, mining, defence and railways.
We are pleased to share that the firm has been ranked by ITR World Tax for our work in Indirect Tax, General Corporate Tax and Transfer Pricing. Congratulations to our team for their work and accomplishments. Ravi S. Raghavan, Partner - Tax and Private Client Group,...
Akil Hirani, Managing Partner and Head of Transactions, has been named as a recommended practitioner by Who's Who Legal in their 2023 edition guide for M&A, Corporate Governance and Telecoms & Media. Congratulations, Akil.
Rukshad Davar, Partner and Head of M&A Practice, has been named as a recommended practitioner by Who's Who Legal in their 2023 edition guide for M&A and Corporate Governance. Congratulations, Rukshad.
In the case of X Corp v Union of India, the Karnataka High Court recently dismissed a writ petition filed by Twitter, Inc against certain blocking orders issued to the social media company by the Indian government under Section 69A of the Information Technology...
Akil Hirani, Managing Partner and Head of Transactions, has been named among India's best TMT lawyers 2023 by Asian Legal Business. Please read the full article here.
In the recent ruling of Orissa Metaliks Pvt. Ltd. v. SBW Electro Mechanics Import Export Corporation (2023 SCC OnLine Cal 1583), the Calcutta High Court (HC), in deciding the validity of an arbitration clause, has held that the venue of the arbitral proceedings must...