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Companies bill will foster better corporate governance
Passed by the Union Cabinet, the Companies Bill, 2008, has attracted substantial attention on account of its innovative changes to the mammoth Companies Act of 1956, aiming to provide a less cumbersome corporate regime...
Coming full circle: Novel financing structures needed
Historically there have been restrictions on financing by banks. Presently, the Reserve Bank of India (RBI) has capped banks’ credit exposure limits at 15% of their capital funds, in the case of a single...
A passage to India
Denied the ability to practise law within India, international law firms have created centres of legal excellence outside the country to serve their India-focused clients
George W Russell investigates where India-related deals are being done
By common...
In the line of fire
Ameet Datta tells the story of a real life IP raid and explains why civil procedures are more enticing than criminal ones in the battle against pirates
It is the worst kept secret in Delhi. In...
Hard labour
India’s employment laws are among the most stringent in the world. They hurt not only domestic and international businesses, but also the workers they are designed to protect
Raghavendra Verma reports from New Delhi
On the...
Gearing up for restructuring
As the tide of financial crisis sweeps the good times away, areas of law that were unglamorous just a few months ago are undergoing a renaissance
Alfred Romann reports
What started out as a financial crisis is developing...
Off with the shackles
Limited liability partnerships should be introduced swiftly to enable Indian law firms to expand and compete effectively, argues Vikrant Pachnanda of Perot Systems
Proprietorships and partnerships have long characterized the Indian business landscape, offering simple procedures...
Weathering the storm
How will the global financial flux affect India-focused businesses and law firms? Ben Frumin discovers that a mood of cautious optimism prevails among most experts
What began last year as a US slump sparked by...
Taxability of non-resident companies
The Authority for Advance Rulings (AAR) was faced with questions of characterizing and taxing the income of a non-resident company which leased its navigation transponder capacity to the Indian Space Research Organization (ISRO).
ISRO Satellite...
Indian branches of US companies denied export incentives
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) recently stated that the disentitlement of specific export incentives for permanent establishments (PEs) of a US company based in India did not attract article...
Amendments to SEBI takeover code to extend acquisition limit
With the stock market plummeting and stocks of even fundamentally strong blue chip companies sinking, the Securities and Exchange Board of India (SEBI) has relaxed the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,...
Africa attracts Indian investment
Africa is proving an increasingly attractive market for Indian companies, with one of the country’s top businessmen, Mukesh Ambani, entering the hotel and shopping mall development sectors on the continent.
Ambani, through the Kenyan-registered Delta...
Fresh hope for Scrabulous brothers
The legal battle over the Facebook game Scrabulous took a new turn in October after a court in New Delhi ruled that the Scrabble game itself is not protected by copyright.
Under the Delhi High...
ic2 launches India fund
The Delhi- and London-based private equity firm ic2 Capital in October launched a US$250 million dedicated India fund to provide growth capital to mid-cap companies.
The former head of law firm Ashurst’s India practice, Anmol...
Datta bids farewell to Anand
Intellectual property, media and entertainment specialist Ameet Datta has left the law firm of Anand and Anand, at which he had been a partner since April 2005. Joining him in the move are two...
Skadden advises Nomura on Lehman purchase
Skadden has been representing Nomura Holdings in its agreement with certain subsidiaries of Lehman Brothers to acquire all the share capital of Lehman Brothers Services India, Lehman Brothers Financial Services (India) and Lehman Brothers...
Anatomy of a crisis
The complex aftershocks of the West’s financial emergency may be both blessing and curse for India. Proceed with caution
This issue of India Business Law Journal maintains our focus on how law firms and their...
The changing regulatory mechanics of M&A
Mergers and Amalgamations (M&A) are regulated through the provisions of the Companies Act, 1956, the Foreign Exchange Management Act, 1999, and the Income Tax Act, (ITA) 1961. Regulations have also been issued by the...
New Companies Bill to simplify business regulations
The Indian Companies Act, 1956, provides the legal framework for corporate entities in India. Essentially based on UK company law, the Indian Companies Act, 1956, has seldom seen any far reaching changes since its...
Trade secrets: protecting commercial interests
Intellectual property has always been closely tied to technology. New inventions in the field of science and technology are protected through intellectual property rights, which in turn encourages research and development. The ability to...
Potholes discovered in public-private road projects
While the National Highways Authority of India (NHAI) is aiming for better road infrastructure in India through the public-private partnership (PPP) route, the process for the appointment of private partners has recently developed potholes.
In...
Technology convergence drives internet broadcasting
The Government of India, Ministry of Information and Broadcasting on 9 September granted permission for the operation of Internet Protocol Television (IPTV). The detailed guidelines relevant in this regard have been issued by the...
FDI in print media promises readers more variety
The Indian press is undergoing continued liberalization following the government’s decision in 2002 to allow foreign direct investment (FDI) in print media. The decision to permit 26% FDI came with several conditions aimed at...
Careful structuring reduces tax on foreign companies
The Authority for Advance Rulings (AAR), in the matter of Geoconsult ZT, recently passed a judgment stating that a joint venture consortium between a foreign company and Indian companies could be treated as an...
Corporate criminal liability: the long road ahead
The role of corporations in the national or global economy cannot be undermined. The shift in economic superiority, no longer confined to Western nations, has impacted upon the structures and roles that corporations are...
Raising finances against receivables
One of the means of raising finances is by the absolute assignment of receivables (along with underlying securities) from an obligor to an assignor or originator, that are structured as bankruptcy remote from the...
India Business Law Journal – 2008 Billing rates survey
India law firm billing rates 2009
India law firm billing rates 2010
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India law firm billing rates 2014
India law firm billing...
Back to school
India’s US$40 billion education market is experiencing a surge in investment. Capital, both local and international, and innovative legal structures are changing the face of this once-staid sector
By Seema Jhingan and Dimpy Mohanty
The liberalization of India’s...
Raising the bar for M&A
2008 is proving a landmark year for competition legislation.
India, China and others are introducing new regulatory constraints on local and international M&A deals
Alfred Romann reports from Hong Kong
When Coca-Cola announced in early September its...
Surviving the talent crunch
Indian lawyers are in demand like never before. Foreign law firms and LPOs have entered the race to snap up the best candidates. How can local practices and in-house legal teams withstand the onslaught?
Raghavendra...
Down but not out
Despite the financial turmoil, New York shines as an international centre for India legal work. Leading lawyers talk to India Business Law Journal about the Big Apple’s challenge to London’s preeminence
By Ben Frumin in New York
The...
Putting the house in order
The global financial crisis will expose cracks in India’s corporate governance standards, argues Jamie Allen of the Asian Corporate Governance Association
India’s corporate governance standards, like those in many other Asian markets, have improved significantly over the...
High court rules on employee rights in M&A deals
In a landmark judgment, the High Court of Gujarat in IPCL Employees Association v India Petrochemical Corporation Ltd interpreted sections 391 to 394 of the Companies Act, 1956, read in conjunction with section 25FF...
Tata case sets precedent for sick companies
The interpretation of the provisions of the Sick Industrial Companies (Special Provisions) Act, 1984, (SICA) and the Companies Act, 1956, recently arose before the Supreme Court of India in Tata Motors Ltd v Pharmaceutical...
SEBI redraws securities guidelines
On 28 August, SEBI amended the SEBI (Disclosure and Investor Protection) Guidelines, 2000.
For public issues, securities which have been acquired by shareholders or promoters during the preceding year, pursuant to a restructuring scheme approved...
IDR lock-in period may be lifted
The Ministry of Corporate Affairs has proposed lifting the one year lock-in period on the conversion or redemption of Indian Depository Receipts (IDRs).
Current regulations prohibit investors from converting IDRs into equity shares of the...
New pricing norms for QIPs, ADRs and GDRs
In a press release dated 13 August, the Securities and Exchange Board of India (SEBI) introduced new pricing norms for qualified institutional placements (QIPs).
Prior to the amendment, the price of securities listed through QIPs...
Yahoo’s yodel safe and sound in India
The Delhi branch of India’s Trade Marks Registry has granted Yahoo a “sound mark” to protect its three-note yahoo yodel.
The company’s yodel is also registered as a sound mark with the US Patent Office.
This...
China thwarts ArcelorMittal deal
Steel giant ArcelorMittal has hit a major hurdle in China. The company’s global expansion plans have been curbed by Chinese officials, who have refused to approve its bid to take over China Oriental, a...
Boston firm boosts India team
Boston-based law firm McCarter & English has hired Gaytri Kachroo, a specialist in cross-border deals with India, as a partner.
Previously with Burns & Levinson in Boston, Kachroo counsels large and small public and private...
Linklaters ties up with former CCI chairman
Leading competition and antitrust lawyer Vinod Dhall has tied up with Linklaters in a bid by the UK firm to boost its services to international companies dealing with India’s new competition regime.
Linklaters has entered...
Khaitan poaches India head and senior associate from Ashurst
In a move that has bucked the trend of international law firms recruiting Indian lawyers and taking them out of the country, Khaitan & Co has hired two senior lawyers from the London office...
Don’t underestimate the risks
Dear Sir,
I read with great interest the Intelligence report in your September 2008 issue on India’s outsourcing sector. As the article highlighted, the outsourcing industry, both in India and around the globe, is experiencing...
Crisis? What crisis?
It’s the year of living dangerously. And no time for schadenfreude and crowing over the mistakes of others. A falling tide lowers all boats
Lax oversight and uneven enforcement are hardly the sole prerogative of...
Retail boom ignites demand for improved logistics
The Indian retail sector can be broadly classified into organized and unorganized retail. The former has only just taken off with the advent of professionally managed departmental stores and malls, however, the bulk of...
Contract mergers: Aiding corporate efficiency
I
n India, the process of mergers is court driven. While the process may be initiated through common agreements or a “scheme” between amalgamating parties, the legal cover is provided only upon the sanction of...
Hollywood’s reliance on Bollywood signals a shift
Bollywood drew its name from its US west coast predecessor but in another twist in the global business world it will be Bollywood staking Hollywood. By time this article goes to print Anil Ambani...
Indian depository receipts: An attractive proposition?
Indian depository receipts (IDRs) are similar to American depository receipts (ADRs) and Global depository receipts (GDRs) with the exception that IDRs are issued by companies incorporated outside India and listed and traded on Indian...
USPTO highlights need for strict compliance
A notice from the US Patent and Trademark Office (USPTO), administratively governed by the Department of Commerce, has recently charged up the Indian service provider community vending to patent offshore outsourcing. The notice states...
A passage to India: Tourism boosted by FDI
Economic liberalization has given new impetus to the hospitality industry with the Government of India permitting 100% foreign direct investment (FDI) in hotels and the tourism sector under the automatic route.
FDI and technical collaboration...
High costs for careless drafting of clauses
For the benefit of foreign investors, we would like to draw attention to a recent judgment in the case of Venture Global Engineering v Satyam Computer Services Ltd & Anr by the Supreme Court...
Singapore seduces India-focused investors
For many years, Mauritius has been considered a tax-favoured destination for foreign direct investment in India, because of benefits, such as exemptions from capital gains, it provides to investors.
Although the routing of investments through...
Investors seek improved corporate governance
In an emerging market like India, investors require the assurance that the companies in which they are investing are managing their human, physical and financial resources aptly, while also employing appropriate corporate governance. Corporate...
Getting one’s act together
From capital-raising to outsourcing, the nation’s leading lawyers and top international India practice groups are honing their skills to meet new business challenges and stay ahead of the pack
The harsh winds of economic obsolescence...
Outsourcing comes of age
An industry that revolutionized global business is distancing itself from its humble beginnings. Alfred Romann investigates the transformation of India’s outsourcing sector from cheap labour provider to strategic knowledge partner
It is ancient history by...
A call to action
A comprehensive revision of India’s Companies Act has been anticipated for decades. Bhawna Gulati of Reliance Industries evaluates one of the proposals to streamline the law and argues that urgent measures should be taken...
The cost of behaving badly
Accusations of corporate irresponsibility can be extremely damaging. What steps can businesses take to ensure good corporate citizenship in India and what are the legal and financial consequences if they fail?
Ben Frumin reports
Coca-Cola’s...
Abusing the public interest
The Indian judiciary is trying to tackle the problem of frivolous public interest litigations that are flooding the country’s overburdened courts and threatening the legitimate activities of domestic and international businesses
Raghavendra Verma reports from...
Legislative and regulatory update – September 2008
Taxation
The Income Tax Appellate Tribunal (Mumbai Bench) recently announced a significant development in the law relating to transfer pricing regulations. The tribunal stated that a default by non-residents relating to Indian transfer pricing regulations...
Staying liquid
India’s once-vibrant capital markets have dried up. With the help of local and international lawyers, private equity is stepping into this financial desert to quench the corporate thirst for funds
George W Russell reports from...
Basmati rice fails in bid for GI status
Abid by an Indian heritage foundation to patent basmati rice on the basis of geographical indication (GI) status was rejected in July.
V Ravi, the controller general of patents, designs and trademarks and a seven-member...
Legal hurdles loom for Coke and Pepsi
Soft-drink makers Coca-Cola and Pepsi, among others, could face yet another legal battle in India if a study of their beverages reveals they contain any harmful substances.
In July, the Supreme Court asked the Indian...
Offshore referral fees to be tax free
In a move expected to boost crossborder business, the Authority for Advance Rulings (AAR) said in July that “referral fees” paid to overseas clients will not be subject to taxes in India.
The AAR set...
FoxMandal opens office in Kochi
In August, FoxMandal Little, one of India’s largest law firms, opened a new office in Kochi, in the southern state of Kerala. The new office, the firm’s 10th in India, is situated close to...
India’s telecom network takes a paradigm stride
The Indian telecom network is the eighth largest in the world and the second largest among emerging economies. The sector has undergone a crucial metamorphosis with significant policy reforms.
Telecommunications is driving growth at a...
Code of conduct for company directors
An appointment to the board of dynamic Indian companies is not an enviable function. It comes with great responsibility and significant duties while exercising powers on behalf of the company.
Directors’ duties can be placed...
Rationalizing FDI policy for petroleum and gas
The Indian oil and gas sector is one of India’s core industries and has a very significant contribution towards the country’s economy. In the recent past, it has been observed that the consumption of...
Prescription for success?
The Daiichi-Ranbaxy deal has the bucked the trend of Indian buyers snapping up foreign targets. Raghavendra Verma investigates the intricacies of the transaction and examines the legal hurdles that faced both companies and their lawyers
Following...
Rewriting legal history
India has a predilection for passing retroactive legislation, particularly relating to tax. Sanjeev Kapoor shares his insights on the business risks and compliance issues arising from laws that go back in time
The Supreme Court of India...
India’s Robin Hood?
Cipla’s chairman Dr Yusuf Hamied talks to India Business Law Journal about the country’s intellectual property regime, the lack of specialization in the legal profession and his battle against ‘Big Pharma’ to provide cheap drugs to...
Stopping the rot
Ben Frumin examines how the vicious cycle of poor remuneration, judicial delays and lack of accountability has bred corruption in the legal establishment, and asks how it can be defeated … and by whom
The...
Corporate wind-ups
The Supreme Court of India decided in a recent case that in the context of company law, the winding-up of a body corporate is not equivalent to the death of a member.
It was held...
Arbitration
In a landmark decision with significant implications for international commercial arbitration, the Supreme Court of India in TDM Infrastructure Pvt Ltd v UE Development Indian Pvt Ltd & Ors, decided on 14 May, while...
Regulatory developments
Provident funds
On 5 June, the Central Board of Trustees of the Employees’ Provident Fund Organisation (EPFO) approved the lowering of the threshold limit for the applicability of establishments covered under the Employees Provident Fund...
Indian firms may benefit from AIM downturn
More than two-thirds of participants in law firm LG’s annual AIM conference in June in London expect Indian financial services firms will take advantage of the downturn in market activity by acquiring London-based nominated...
Baker & McKenzie reveals ‘India dreams’
Baker & McKenzie sought to raise its profile in the Indian legal market in July with two events for clients and fellow lawyers.
On 2 July, the firm hosted a seminar called “Indian Outbound Investment:...
Daiichi takes a dose of Indian medicine
Japan’s Daiichi Sankyo is set to buy a majority stake in Ranbaxy Laboratories, India’s largest pharmaceutical company.
In June, the companies announced a binding share purchase and share subscription agreement between Daiichi Sankyo, Ranbaxy and...
Family row thwarts Reliance-MTN deal
A family row has been blamed for the breakdown of M&A talks between one of India’s largest companies, Reliance Communications, and South Africa’s telecommunications giant MTN.
Talks of a tie-up were called off on 18...
Code of conduct for directors duties
An appointment to the board of dynamic Indian companies is not an enviable function. It comes with great responsibility and significant duties while exercising powers on behalf of the company.
Directors’ duties can be placed...
Rationalizing FDI policy for petroleum and gas
The Indian oil and gas sector is one of India’s core industries and has a very significant contribution towards the country’s economy. In the recent past, it has been observed that the consumption of...
India’s telecom network makes a paradigm shift
The Indian telecom network is the eighth largest in the world and the second-largest among emerging economies.
The sector has undergone a crucial metamorphosis with significant policy reforms.
Telecommunications is driving growth at a feverish pace....
Integrating and optimizing logistics activities
Supply chain management (SCM) encompasses the planning and management of all activities, involved in sourcing, procurement, and conversion; and all logistics management activities which means having the right thing, at the right place, at...
ECBs relaxed to enhance revenue routes
Over the last few months, the Reserve Bank of India (RBI) has introduced key relaxations to the exchange control policy governing external commercial borrowings (ECBs) raised by Indian entities. ECBs have emerged as an...
US-India nuclear pact: Done deal or cracked egg?
US-India business relations have been increasing at breakneck speed. The emphasis within the US business community on creating ties with India is remarkable. Indra Nooyi, chairman and CEO of PepsiCo (and Fortune magazine’s Most...
Wait and watch
Dear Editor,
The saga of uncertainty over the revision of India’s tax treaties with Mauritius and Cyprus continues with the result that investors have resorted to a “wait and watch” policy. Although adoption of this...
Liberalization is essential
Dear Editor,
Deregulation will be essential to the continuing development and growth of the Indian legal profession, and for India to realize its aspiration of becoming one of the major global financial centres.
While we can...
Shipping policies relaxed to boost logistics
India’s 7,517km long coastline is nature’s gift for major shipping activity. Several deep harbours comprising 12 major and 185 minor or intermediate ports, manage the coastal transportation of various cargo through low-cost conventional transportation....
Australian firm hosts India’s commerce minister
Commerce minister Kamal Nath said India is getting ready to become a global leader. Speaking at an Australia-India Business Council lunch hosted by Australian law firm Middletons, Nath predicted that India will “have the...
Balanced policies propel pharma sector growth
The pharmaceutical industry in India, with its rich scientific talent pool, low costs of production, research and development (R&D), and an increasing balance of trade and research capabilities, supported by an intellectual property protection...
Rigorous planning essential for effective patent search
A “patent search”, as the term suggests, is the exploration for literature, patented or otherwise, on the technical information of an invention with respect to the patent in question.
A patent search is thus concerned...
Differential pricing: Reconciling IP rights
The after-effects of the decision allowing Cipla to continue with the manufacture and sale of the patented drug “Tarceva” of Roche, has led big pharma to resort to differential pricing.
Roche had filed an infringement...
Towards affirmative boardrooms
Accountability, fairness, transparency and independence are the cardinal principles of corporate governance, which has become the buzzword because of the inflow of foreign investments into India.
To alleviate the concerns of foreign investors about efficient...
Outsourcing challenged in US court
A partner at a US law firm has filed a suit in the US district court for the district of Columbia to prevent the outsourcing of privileged client data.
Joseph Hennessey of Newman McIntosh &...
Legislative and regulatory update – June 2008
Real estate
In a move to offer retail investors greater opportunities to profit from the increase in Indian property prices, the Securities and Exchange Board of India (SEBI) amended its mutual funds regulations on 16...
Indian AIM listings falter
Enthusiasm among Indian companies to list on London’s Alternative Investment Market (AIM) appears to be slipping.
Two Indian companies recently said they would delay their listings until market conditions improve.
Law firms have also noticed an...
Integreon expands in Mumbai
British outsourcing firm Integreon is planning to expand its legal processing outsourcing (LPO) operations in India, says John Croft, the company’s president of global sales and marketing.
Integreon provides research, litigation support, legal documentation and...
Money laundering laws in a spin
Widely welcomed measures to tackle the clandestine transfer of funds have been undermined by infighting over the allocation of adjudicating powers
Raghavendra Verma reports from New Delhi
In January 2007 a raid on Pune-based businessman Hassan...
The dawn of Islamic finance
Simple regulatory changes could transform India into a regional hub for shariah-compliant finance and clear the way for a much-needed wave of investment into its infrastructure, explains Ben Frumin
India need only look across the...
LEX Nexus charts new waters
Indian law firm LEX Nexus has re-launched itself as a specialist shipping firm.
Established in 1998, the firm restructured in December 2007 to focus on projects and shipping. Following the latest change announced in May,...
Vodafone in the dog house over pug ad
Telecom provider Vodafone has come under fire in India for an advert featuring a pug chasing a bus to deliver a tie to its owner.
The Animal Welfare Board of India (AWBI) sent a legal...
Derivatives fiasco: Companies blame misinformation
Open any financial daily from the past few months and chances are you will see a news report or editorial on litigation concerning foreign exchange and currency linked derivative contracts between banks and companies.
While...
Mezzanine funding combines debt and equity
In the recent past, private equity investors have flooded Indian businesses looking for value.
An increasing demand for funds by companies has compelled private equity investors to look beyond traditional sources of funding such as...
Offshore M&A: Could Indian buyers set the standard?
The wave of international mergers and acquisitions has continued unabated, however, a new trend may be emerging: the Indian buyer as the preferred international acquirer.
Internationally, private equity funds abound. There are over 200 funds...
IP assets may be more valuable than physical ones
The importance of a company’s intellectual property (IP) assets such as trademarks, copyrights, patents, trade secrets, designs, geographical indications and internet domain names, has grown immensely over the past decade.
IP assets are the foundation...
Changes in the profession should expand outsourcing
A recent survey of leading law firms in the UK and US by UK-based princeOMC and Legal Business indicates the direction in which legal outsourcing is currently heading.
Judging by the results, there is no...
Free trade and warehousing zones offer myriad benefits
One of the prerequisites of providing total integrated logistics solutions is well equipped warehousing. The necessity to store perishable goods generates a need for convenient and ample warehousing.
The management of warehouses is crucial for...
Revised guidelines clarify telecoms investment policy
The telecom sector in India has shown impressive growth over the past decade. Observers charting the country’s progress in the sector have found that India has the fastest growth in the number of telecom...
Jewels in the crown
Top India-focused Law Firms 2007
Top India-focused Law Firms 2009
Top India-focused Law Firms 2010
Top India-focused Law Firms 2011
Top India-focused Law Firms 2012
Top India-focused Law Firms 2013
Top India-focused Law Firms 2014
Top India-focused Law Firms 2015
Top India-focused...
Money laundering laws in a spin
Widely welcomed measures to tackle the clandestine transfer of funds have been undermined by infighting over the allocation of adjudicating powers. Raghavendra Verma reports from New Delhi
In January 2007 a raid on Pune-based businessman...
Inside India’s courts
Alfred Romann investigates the functioning of the judicial system and speaks to Ashok Desai, Soli Sorabjee and others about improvements that have been made and the challenges that lie ahead
The physical structure of the...
Striking a fine balance
The economic doldrums of the developed world have served to highlight India’s strengths and attractions as both a recipient and an exporter of capital
To make the most of the opportunities, the crucial components of...
The changing face of M&A
The international liquidity crisis and the growing financial muscle of Indian corporations have changed the nature of mergers and acquisitions
Alfred Romann explains
Holcim purchased a controlling stake in Gujarat Ambuja Cement. Hindalco Industries, part of...
The boom is here to stay
Dear Sir,
In India, real estate and gold have traditionally been the favoured investment choices. Investment in real estate gives both status and the advantage of capital appreciation. Rarely have real estate prices dipped substantially.
The...
Good times ahead
Dear Sir,
I must compliment India Business Law Journal on its coverage of the Indian real estate sector (April 2008). Indeed, India’s real estate market is currently a cynosure to all foreign investors and will...
Indian lawyers: The world awaits you!
India’s law firms should broaden their horizons by internationalizing their practices, argues Stuart Popham, the senior partner at Clifford Chance
Over the last decade, India has become a world trading power. The country’s impact on...
Arbitration hits the big screen
The outcome of IMAX’s dispute with E-City Entertainment may be a defining moment in the emergence of arbitration as a viable and enforceable alternative to litigation
Alfred Romann explains
A large silver dome in downtown Toronto,...
Paradise lost
Is India about to renegotiate its tax treaties with Cyprus and Mauritius? What will happen to prospective and existing foreign investors if it does?
Ben Frumin investigates
The Indian Ocean island nation of Mauritius may be...
Legislative and regulatory update – May 2008
Telecoms
The Department of Telecom-munications accepted a recommendation on 1 April from the Telecom Regulatory Authority of India, which will allow telecoms service providers and infrastructure providers to share active infrastructure such as antennas, cables,...
Tata Motors in court over land dispute
Tata Motors was in India’s Supreme Court in April to hear a petition on the long-running dispute over the acquisition of land at Singur in West Bengal. Tata builds the world’s cheapest car, the...
Linklaters promotes India specialist
Linklaters raised 28 lawyers to partnership level in May, with 21 new partners based in London and three in Asia. Among the Asia-based partners are Kunal Thakore, a corporate/M&A specialist and a key member...
