Tag: India foreign investment
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 […]
India: Overall Economic Forecasts Dip Further Despite Individual Gains
External factors continue to be adversely impacting India’s economic progress. Though the Government has taken adequate steps to steer the economy back on the growth path. Despite the individual performance factors being higher than the rest of the world, the overall growth forecast has gone down. […]
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 […]
Luthra and Luthra advise L and T Finance on a highway project of INR 629 Crores
Luthra and Luthra recently acted as Lenders’ Legal Counsel for L&T Finance Limited in relation to the financing made available to Kappirikkad Highways Private Limited, for an amount of INR 628 Crores in connection with six laning from Kappirikkad to Thalikulam section of NH-66 (old NH-17) in 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’s Insolvency and Bankruptcy Code, 2016 Will Prevail Over Customs Act, 1962
The Supreme Court has passed a landmark decision today in the matter of “Sundaresh Bhatt vs. Central Board of Indirect Taxes & Customs” [Civil Appeal No. 7667 of 2021] and held that the provisions of the Insolvency and Bankruptcy Code, 2016 (“Code”) will prevail over the […]
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 […]
DSK Legal welcomes 21 new partners and their teams
DSK Legal are delighted to announce that Mr. Bobby Chandhoke and Mr. Sudhir Sharma have joined DSK Legal together with 19 partners and their respective teams aggregating to 63 lawyers, after leaving L&L Partners where they had worked for several years. They bring a diverse range […]
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 […]
L and L Partners advises L and T Finance Limited in connection with financial assistance made available to a subsidiary of Renew Power Private Limited
Banking & Finance team at L&L Partners Law Offices advised L&T Finance Limited (the “Lenders“) in connection with financial assistance for an aggregate principal amount of INR 595,00,00,000 (approx.) made available to a subsidiary of Renew Power Private Limited for its operational wind power project located at Babaleshwarand Batkurki districts of Karnataka. Read More: […]
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 acts for Gaja Capital making MarketXpander the next unicorn
The Firm’s Corporate team recently acted for Gaja Capital(“Gaja”), that is an existing investor in MarketXpander Services Private Limited (“Company”) on the recent fund raise by the Company from WestBridge Read More: India on Economic Growth Path, Albeit Slower With the recent investment, the Company has become a ‘unicorn’. […]
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 […]
All About NFTs and Art. Universal Legal – LawWiser
Know all the Jazz about NFT and Art in #LawWiser‘s fireside chat. Watch the full feature on All about NFTs and Art with with renowned artist and sculptor @Arzan Khambatta and @Anuradha Chowdhary, Tech Lawyer, @Universal Legal. Read More: Helping lawyers achieve business development success. An interview […]
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 […]
India Closes the Year with Economic Optimism
India continued to maintain momentum on economic recovery as projected forecast for growth was reduced by some global agencies. This is linked to the Covid 19 related situation prevailing in India currently. There has been a marginal rise in daily reported cases since the Omicron variant […]
India Stays Steady as Storm Looms in Horizon
Just as we thought that the pandemic was slowly receding in India with very low daily cases and festive season behind us now, a fresh threat looms on the horizon. The Omicron variant is being seen as a concern worldwide now. India was gearing up to […]
‘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 […]
India: Economic Impact of Second Wave
The second wave of Covid 19 seems to be continuing and the warning from health experts that the tail of the decline could be prolonged is coming true. India continues to record average of around 40,000 cases for the past 3 weeks with large numbers seen […]
India’s Economy Wilting Under Covid-19 Headwinds
.India’s self-imposed near-total lockdown of 21 days extends further to May 03, 2020. This 40-day shutdown has derailed the economy as per reports of global financial institutions. There has been marginal lifting of the restrictive measures in select areas for some essential services only. But the […]
India: Doing Business Ranking the only Face-Saver
India’s improvement in the World Bank’s Doing Business ranking is the only bright spot in a lackluster economy that desperately needs reassurance of a revival. It’s akin to the Diwali sparkle which lights up India around this time but belies the darkness for the rest of […]
India: Will Corporate Tax Cut Revive Growth or Widen Fiscal Deficit
The mounting pressure of a sagging economy and sharp economic growth forecast reductions by global institutions, the Government of India announced significant tax relief to corporates. However, while this seemed to cheer the industry and may be a stimulus in the short term, experts have warned […]
Slowdown Forecast for India’s Economic Growth
The five year term of the current Indian Government led by Prime Minister Narendra Modi is coming to an end as the electoral process commenced in the world’s largest democracy. The elections are being carried out phase-wise across the country and results are scheduled to be […]
India Jumps in Doing Business Ranking
India shot up in the World Bank’s Doing Business ranking this year, marking a consistent rise in its performance in the last 4 years. The Government introduced a new initiative to keep the momentum going. India was also recognized as the second fastest innovator among major […]
India Recovers Slightly in Global Competitiveness Rankings
India climbed five places to reach rank 58 in the Global Competitive Index recovering from the huge dip last year, after stellar performances in 2015 and 2016. India’s economic growth forecast by the IMF remained slightly lower that its April forecast. The current royalty norms for […]