Tag: foreign direct investment in India

India: Forging Ahead Across Borders
The Government of India has forged a financial relationship for wallet transactions with Singapore. It is a first for going beyond borders to simplify transactions. This is a landmark achievement and might be beneficial for residents of both countries. The Union Budget has proposed a series […]

India economic progress: New Year New Beginnings
India economic progress brings new hope and optimism for 2023 after a recovery phase in the second half of 2022. It is aiming for a betterment from the past year. The expectation for improving economic progress is not totally unfound. While considering that the Indian economy […]

Advising clients in employment, industrial and technology law in India. An interview with Neeraj Dubey
Neeraj Dubey is a Partnerwith India’s Juris Corp. He has substantial experience in advising clients in employment, industrial and technology law. With expertise encompassing business law, regulatory and compliance. Along with experience in industry sectors including real estate & infrastructure, e-commerce, aggregators and a variety of […]

Ritika Ganju, Former Phoenix Legal Partner sets up a new firm – ‘Rise Legal’
Ritika Ganju, a former partner in corporate and M & A practice of Phoenix Legal. She has set up a new law firm with partners, Tejas Patel, Aquib Ali and Meera Kaura. Rise Legal is a full-service law firm with a principal office in New Delhi. […]

Saraf and Partners advised Carlyle Group in pre-IPO transactions with RJ Corp, SBI MF and Novo Holdings
Saraf and Partners advised Carlyle Group in a pre-IPO transaction involving sale of its partial stake in Global Health Limited to a clutch of three investors namely (i) RJ Corp Limited; (ii) SBI Funds Management Limited; and (iii) Novo Holdings. Global Health Limited, which operates and […]

Luthra and Luthra expands its practices with new international Trade and Corporate Partners
Leading law firm Luthra and Luthra Law Offices India ramps up its practices in India by hiring Tamal Mandal and Abhilekh Verma as International Trade and Corporate Practice Partners, respectively. Tamal has joined the Firm’s Delhi office while Abhilekh will be based out of the Firm’s […]

India: Economic Forecasts Dip on Global Cues
With the Covid-19 pandemic waning in India, the other aspects of the economy came to the fore. Especially the increasing inflation which appears to be one of the major factors dampening economic growth prospects. Most of the international financial institutions and global rating agencies have lowered […]

Luthra and Luthra elevates 31 members as it announces promotions for the year 2022
Luthra and Luthra Law Offices India celebrated its ‘32nd Annual Day’ on Saturday, the 10th of September 2022 in the most unique way with members gathered physically at respective offices and all offices connected virtually. Read More: Trowers welcomes new international corporate partner Geoff Allen The evening commenced with the […]

India: Economic Improvements in Sight
There have been some improvements India’s economic activities and the Government is making efforts to complete free trade agreements with some of the significant trading partners. The inflows from foreign portfolio investors have increased and currently highest in the last 20 months. There was a setback […]

India: Economic Growth Further Slows Down
India’s economic growth has further slowed on global cues and disruptions as reflected in the reduced economic growth forecasts by global financial institutions. Concurrently, the Indian Rupee had almost a freefall against the dollar due to global factors such as the Russia-Ukraine conflict, soaring crude oil […]

Link Legal advised Doncasters Group of Companies in relation to the Indian element of its acquisition of Uni-Pol Group of Companies
Link Legal represented and advised Doncasters Group of Companies (“Doncasters”) in relation to the Indian element of its acquisition of Uni-Pol Group of Companies (“Uni-Pol”). Read More: Aekom Legal, firm of 25+ practitioners formed by breakaway team from Vaish Associates Doncasters is a leading international manufacturer of high-precision […]

Krishnayan Sen, Founding Partner and Head of Disputes Practice at Verus, is set to merge his practice with L and L Partners
L&L Partners is delighted to announce that Krishnayan Sen, Founding Partner and Head of Disputes Practice at Verus, is set to merge his practice and join L&L Partners as a Partner in the Firm’s Disputes Practice at New Delhi with his team. Read More: DSK Legal […]

Funding Societies acquire CardUp’s entire shareholding – L and L partners acted for Sequoia
The Firm recently advised Sequoia on sale of its entire shareholding in CardUp to Funding Societies, Southeast Asia’s largest SME digital financing platform. This forms a part of Funding Societies’ acquisition of CardUp’s entire shareholding. Read More: L and L Partners advises L and T Finance Limited in connection with financial assistance […]

India on Economic Growth Path, Albeit Slower
India continues its slow economic recovery while Covid-19 cases are rising once again in the country. The economic growth forecasts have been reduced by global financial institutions amidst internal issues including inflation and external issues comprising largely due to the supply chain disruption arising out of […]

L and L Partners acted for Bank of Baroda for funding of working capital requirements of OLA Electric
L&L Partners recently advised Bank of Baroda in connection with the funding of working capital requirements of Ola Electric Technologies Private Limited aggregating up to INR 616.00 Crore for its green field project for manufacturing two-wheeler vehicles at Krishnagiri District, Tamil Nadu with an initial capacity […]

L and L Partners advised ICICI Bank Limited on a re-financing transaction in relation to Rajiv Chowk and Gurugram National Highway – 248A
The Firm advised and acted for ICICI Bank Limited (“ICICI”) in connection with financial assistance sanctioned to Rajiv Chowk-Sohna Highway Private Limited for the purpose of re-financing part of existing secured indebtedness of the borrower company availed in relation to six-laning and strengthening of NH-248A from existing km 2.740 (Rajiv […]

India Focuses on Business Operational Improvements
India is a state of static recovery with Covid-19 cases remaining low and other internal as well as external factors impacting major economic rebounds. The war in Ukraine has disrupted supply chain routes and Covid related economic packages are now adding to the inflation increase. This […]

India’s Economy Sees Impact of Global Headwinds
As mentioned last month India continues to be negatively impacted by the ongoing war with lower economic forecasts as a fallout of the ongoing conflict. There have been increasing surge of Covid 19 new cases in certain parts of the country, which is worrying local governments […]

India Sees Glimpses of Pre-Pandemic Times
India is feeling the impact of the ongoing war with lower economic forecasts as a fallout of the ongoing conflict. The situation relating to Covid 19 pandemic in India has seen significant improvement in the last month leading to lifting of restrictions across the country. We […]

India Improves Internally as Conflict Rages Externally
The third wave of Covid 19 pandemic in India abated as quickly as it has engulfed the entire country in a very short span of time. All activities have resumed in the country as the situation improved in the last few weeks. The forecasts by global […]

‘The Thing About……Nishith Desai’
Nishith Desai, founder of the eponymous firm Nishith Desai Associates, talks to Patrick Dransfield about strategy, technology and people management.

India: Should We Celebrate this Diwali
There has been cause for cheer as India scripted history by achieving administering 100 crore (one billion) Covid-19 vaccination doses in just about nine months of its rollout. The daily increase in new cases has remained on the lower all throughout the festive season. India is […]

India: Economy Sees Green Shoots as Vaccination Coverage Increases
There have been some green shoots in economic activity as new Covid 19 cases seem to have stabilized around the 40,000 daily mark. The festive season has just commenced and there are apprehensions as well as expectations. The apprehension stems from gatherings and people coming together […]

How Naina Pachnanda achieved her dream of contributing to India’s innovation in her own innovative way
Naina Pachnanda’s study of law and legal career, combined with her love of her country, led her to pursue a career with Invest India, where she helps simplify India’s business environment through innovation and technology regulation. In this interview with Asia Law Portal, Naina recounts her […]

Uniform Tax Rate To Finally Become Reality in India
The Indian Parliament approved the long-pending Goods and Services Tax Bill earlier this month, paving the way for a uniform tax regime. There were more tax reforms when the India-Cyprus Double Tax Avoidance Treaty was amended. The Government also kept its promise to implement a proposal […]

India Tops Global FDI Chart, Attracts Largest Investment & Boosts ‘Make In India’
India’s capability as a top foreign investment destination hit a new high as it emerged as the leader in FDI for Greenfield investment. Two high-profile deals were also signed to stamp India’s prominence in this space. India Top Global FDI Destination For Greenfield Investments. India is […]

India Addresses Implementation Issues In New Company Law
The Government of India has woken up to India’s poor ranking on the Doing Business Report and is taking active steps to get into the roots of the problem. A few more measures were announced in this regard, the most significant of them, being the long […]

With Focus on Ease of Doing Business in India, Modi Government Ushers in its First Anniversary
The Narendra Modi led Government, which completes its first anniversary this month, continued its focus on simplifying procedures for ease of doing business in India. The annual updation to the consolidated foreign direct investment policy was published this month. The controversial MAT levy is being relooked […]

India’s Regulatory Reforms: Commitment to Foreign Investment
The ‘Make In India’ campaign is going full throttle with the Government initiating key changes to its foreign direct investment policy. The finance budget providing further fillip with a slew of regulatory reforms. Further, there is fresh hope for the entry of foreign law firms. Regulatory […]