Tag: India legal market

India: Economy Shows Signs of Revival

There has been recovery of the Indian economy in the past month. The daily new Covid 19 cases have gone down some more to around 30,000 and even below on certain days. This is coupled with staggering coverage on vaccination across the country. Considering the vast […]

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 […]

At the forefront of legal innovation in India. An interview with Shreya Vajpei

Shreya Vajpei is a legal innovator, legal technology writer and advisor, and practice development professional – having begun her career as a lawyer.  In this interview with Asia Law Portal, she details the journey that led her to her focus on legal innovation – and how […]

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 […]

How remote work is impacting legal services in India. An interview with Bhagyashree Pancholy

Bhagyashree Pancholy founded All Remotely, where she helps co-located and office-based teams to transition to remote teams and helps remote teams understand their teams better with the help of her proprietary assessments. She is also General Counsel at Lano, where she helps clients expand internationally by […]

In a Minute – Foreign Seat of Arbitration, Vasanth Rajasekaran

There has been a lot of debate on the issue of whether Indian parties can elect a foreign seat of arbitration. Recently the Supreme Court of India answered in affirmative on this issue.  In the first LawWiser #Inaminute video powered by Phoenix Legal watch Vasanth Rajasekaran, […]

India: Clawing its way back from the devastating Covid 19 Second Wave

India breathed a collective sigh of relief as the second wave seemed to have abated for now. The daily new cases of Covid 19 have come down quite steadily and gave respite to all anxious citizens of this vast country. The prediction of a third wave […]

The Emergence of Commercial Justice Through IBC

Watch our new video on the recently launched Book titled “The Emergence of Commercial Justice: Insolvency And Arbitration” by Vivek Sood, Senior Advocate. The book explores and analyses game-changing judgments delivered by the Supreme Court in establishing the concept of Commercial Justice. Our Guest speakers include […]

India: Covid 19 Second Wave Leaves Behind Devastation and Death

The ferocious second wave of Covid 19 has caused severe wreckage in India. The depth of the destruction and death exposed the poor preparedness and sorry state of affairs that the country found itself in during the last few weeks. Several local lockdowns were imposed by […]

Covid-19 Second Wave Sends Shivers Down India’s Spine

It is unnerving to see what is happening all around us in India. The second wave of Covid 19 has been ferocious and severely impacted Indians. The daily new cases recorded have been the highest in the world for the past few days. The economy is […]

Providing tech-enabled legal services to private equity and venture capital in India. An interview with Rasmeet Charya, Chief Innovation Officer, Algo Legal

Algo Legal is a new age technology backed firm focused on venture capital and private equity firms, VC-funded start-up companies and corporate businesses. The firm is Headquartered in Bangalore and has offices in Mumbai and Delhi.  In this interview with Asia Law Portal, Algo’s Chief Innovation […]

Covid-19 Second Wave Hits India on Lockdown Anniversary

India is once again witnessing a surge in Covid-19 infections. As the anniversary of the lockdown approached the increase in cases reared its ugly head and this time the numbers are skyrocketing in affected areas. The second wave is threatening to undo the gains from the […]

In Conversation – Quick Guide on UPI Framework and Data Privacy

In conversation with Mr. Atul Juvle – General Counsel, Compliance Officer & Company Secretary, Schindler India: Data Security & Unified Payments Interface (UPI)

India’s Economy Likely to Contract

India is limping back to some normalcy in economic activity and resumption of business operations despite the rising Covid 19 cases. While partial lockdowns are still in force in certain pockets where the concentration of cases is high, industrial establishments and offices have opened up in […]

Why Should India Adopt the Kerala Model Community Mediation Volunteer System?

Kerala has always been a step ahead in development compared to other states in India. It’s been so vibrant because of its multi cultural ethnicity. Hence it’s called gods own country.  Now Kerala has introduced a new mechanism for dispute resolution at the grassroots level. It’s […]

Palace of Versailles

India World’s Sixth Largest Economy

India became the world’s sixth largest economy recently. However, its economic outlook forecast was marginally reduced. In its continued effort to improve ease of doing business, India announced results of States and Union Territories’ performance in Ease of Doing Rankings. India also became home to the […]

Taj hotel mumbai

India’s Economic Growth Scores Highest in World Bank Report

India’s economic growth prospects received a major boost from the World Bank and the Government of India reports. The Government also simplified the reporting of the foreign investment by Indian entities. The Government’s increasing focus on intellectual property rights and its awareness resulted in creation of […]

Akshardham delhi

India Attracts Largest E-Commerce Deal

India’s potential for high growth in retail came to the forefront with the acquisition of its biggest homegrown online retail company. The high economic growth prospects were reaffirmed by the IMF. There will be a new system for monitoring of foreign investment in listed entities. The […]

The Fort

India receives high economic growth forecasts

The global discussions around India’s economic growth continue to gather focus as we enter into the fifth and final fiscal year for the current Government. There was mixed response from various international agencies, which we have captured below. Asian Development Bank – Asian Development Bank (ADB) […]

Supreme court of india

India virtually closes the door to entry of foreign law firms

The much awaited verdict of the Supreme Court of India was pronounced recently which virtually closed the door for entry of foreign law firms. The Government has drafted an updated defence policy which seeks to increase foreign direct investment in the sector. India and Canada have […]

India gate

Global Corruption Index Dampens India’s Governance

The Central Government’s financial budget was announced wherein some foreign investment related policies were mentioned. There were changes proposed for foreign portfolio investors. The Indian Prime Minister declared India to be one of most open economies in the world. However, the dampener was India’s downward movement […]

Coronation park

India’s Indigenous Progress

As 2017 draws to a close, the Indian Government’s initiatives on ‘Make in India’ seems to have made significant progress in one industry. The labour law reforms undertaken by the Government in the last three years have been summarized recently in the Parliament. A Harvard Law […]

Rashtrapati bhavan

India’s All-round Improvement & Crowning Glory

There were landmark achievements by India this month. The most prominent being the phenomenal jump in its World Bank Ease of Doing Business Rankings. India’s credit rating improved. Internally, the GST rates of a large number of items were rationalized. Further, there was progress on the […]

Rashtrapati bhavan new delhi

Will India Move Up in the World Bank Rankings?

The Government of India continues to take steps to improve ease of doing business in India. Various reports have been published by the media recently reflecting an expected improvement in the World Bank’s ranking for India, due to be published shortly. There are other areas and […]

Narendra modi

Indian Prime Minister Pushes For Entry of Foreign Law Firms

The activities relating to entry of foreign law firms in India gathered pace this month as the Government actively took initiatives. The biggest impetus to keep the momentum going was the Prime Minister’s views and directives to enable the Government machinery to expedite. Some major changes […]

Courthouse

Chief Justice of India Inclined Toward Entry of Foreign Law Firms

India’s fast track regime for FDI approvals has become a reality now with the publication of the standard operating procedures in this regard. An additional condition has been proposed in Mauritius which will add to the compliance for companies routing their FDI into India through the […]

Taj mahal

India: Fast Tracking FDI approvals

India is moving towards a fast track regime for FDI approvals. The Government has initiated the process for creating standard operating procedures in this regard. FDI, being a critical factor, has contributed to improving India’s balance of payment. The growing importance of India can be gauged […]

Rashtrapati Bhavan

India’s Law Commission Frames Rules to Recognise Foreign Lawyers

The Supreme Court has expressed its concern over unsatisfactory regulatory mechanism governing the advocates and observed in a case that there was an urgent need to review the provisions of the Advocates Act, 1961. The Law Commission of India, a body which looks into legal reforms, […]

Taj hotel mumbai

Legal services disruption in India: Risks and opportunities

For those lawyers and legal services sector professionals about to gather in Mumbai for IDEX Legal’s Asia Law Firm Management Congress (ALFMC) April 20th – thoughts of legal market liberalization and change hastened by technology are taking center-stage. But what do these things mean?  And what […]

India gate view

First ever Asia Law Firm Management Congress to take place in Mumbai, April 20, 2017

The first ever Asia Law Firm Management Congress (ALFMC) will take place in Mumbai, April 20, 2017.  Presented by ThomsonReuters and curated by IDEX Legal.  The St Regis Hotel will be the conference venue. As LegallyIndia has detailed — the event will bring together lawyers from leading […]

Front view india gate

India Beats Demonitisation to Remain Fastest Growing Economy

India remains the fastest growing economy notwithstanding the predicted contraction due to demonitisation last November. This fact was also recognized in the recent elections in five states, where BJP was a winner in four states. The party at the centre, BJP was able to secure the […]

Taj mahal

India: Budget Boost for Foreign Investment

Foreign Investment got a fillip in the Union Budget presented by the Finance Minister, Arun Jaitley earlier this month. It marked the best budget-day gain for Indian stocks in 12 years, with the Bombay Stock Exchange’s (BSE’s) benchmark Sensex gaining 1.74% to close at a three-month […]

India Sixth Great Power in 2017

While the Indian economy seemed to have recovered from the demonitisation drive, the year began on a promising note with India making it to the sixth position in a global list of top eight great powers in 2017. Although political parties are gearing up for upcoming […]

Tag mahal dome

India becomes World’s Fifth Largest Economy

India beat all forecasts to become the world’s fifth largest economy way ahead of the 2020 prediction. The growth of the economy is led by Government initiatives like ‘Make in India’ and surging foreign direct investment. Fifth Largest Economy – India was finally able to overpower […]

India: Government Withdraws Currency to Choke Parallel Economy

In a bold move, India’s Prime Minister demonetized certain currency notes earlier this month. This announcement sent shockwaves throughout the country and took everyone by surprise. However, despite the numerous hardships most citizens seem to be favouring the move in anticipation of long-term gains for the […]

Taj mahal india

Bar Council of India Stalls Entry of Foreign Lawyers

The Bar Council of India (BCI) has managed to throw a spanner into the Government’s steps to allow entry of foreign law firms. The Government continues its efforts to attract foreign investment with new and innovative initiatives and strategies. Entry of Foreign Lawyers – The Bar […]

India Accelerates on Global Competitiveness

For the second year in a row, India jumped 16 places on the Global Competitiveness Report giving a boost to the Government’s initiatives to improve the business environment and make India a preferred global business destination. India is also working on the weaknesses identified and the […]

Legal startup legistify seeks to make the law accessible in India

India’s legal market represents an enormous opportunity for legal startup entrepreneurs.  With a Gross Domestic Product (GDP) of 1.877 trillion USD (2013) it ranks as “the seventh-largest economy in the world measured by nominal GDP and the third-largest by purchasing power parity.” As in other economies in the […]