DIPP issues regulations on foreign investment in e-commerce; liberalizes insurance and pension sectors
Introduction The Indian government has implemented a host of reforms to liberalize India’s foreign direct investment (“FDI”) regime. Last week, the...
Is the SEBI’s proposal to introduce a brightline test to determine change of “control” workable?
Introduction In India, the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the “Takeover Regulations”) adopt a mandatory...
India’s Budget 2016-17: key highlights
Introduction India’s Union Budget (the “Budget”) was announced on February 29, 2016, and the Finance Bill, 2016 (the “Finance Bill”) was tabled in...
India’s amended arbitration law – a critique
Introduction On October 23, 2015, when the Indian Parliament was in recess, the President of India promulgated the Arbitration and Conciliation...
India – Securities Law Wrap 2015
Introduction In 2015, Indian securities regulations underwent many changes with the Securities and Exchange Board of India (the “SEBI”) playing an...
External commercial borrowings by Indian companies made easy
Introduction On November 30, 2015, the Reserve Bank of India (the “RBI”) revamped the regime governing external commercial borrowings (“ECBs”) by...