Tag: India legal market

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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) […]

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 […]

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 […]

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 […]

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 […]

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 […]