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‘Blended’ legal solutions
Dear Sir,
Your recent article Jewels in the crown (IBLJ volume 2, issue 1) on the best foreign law firms for India-related work was both interesting and informative. Thank you for listing Berwin Leighton Paisner...
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...
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...
Redefining the learning curve
The Indian legal education system requires rigorous and rapid reform if lawyers are to acquire the relevant skills needed to respond to growing international demands
VG Kulkarni explains
Every summer a great Indian educational rat race...
India’s anti-trust regime requires clarity
On 15-16 March, the International Bar Association, the Bar Association of India and the Confederation of Indian Industry, among others, held an International Conference on India’s New Merger Notification Regime.
Leading competition law practitioners and...
Competing interests
A recent conference brought together regulators, lawyers and international business leaders to debate the implementation of India’s new competition act. Raghavendra Verma was there to cover the action
For evidence of the global concern surrounding the implementation...
Industry voices concern about merger control
In January this year, the Competition Commission of India released drafts for comment of certain regulations to implement the provisions of the Competition Act, 2002.
The commission’s intention to move forward on implementation of the...
FDI cleared to climb to new heights
The latest reforms to India’s foreign investment regulations are significant because they tackle sensitive sectors that the government has previously been reluctant to liberalize. But concerns persist over the scope of the changes and...
The best is yet to come
India has made huge strides in reforming its economy. Serious challenges persist but there is also great cause for optimism, writes Vijaya Sampath, group general counsel at Bharti Enterprises
After decades of the “Hindu”...
A monumental challenge
Infrastructure is finally taking its place in the sun. And for good reason: the task ahead is urgent
Simply to maintain the smooth running of today’s economy, India’s infrastructure requires a significant overhaul. To keep...
Competition Act could be ‘at war with itself’
On 13 January 2003, the Competition Act, 2002, received Rresidential assent. The act establishes a Competition Commission to “prevent practices having adverse effect on competition, to promote and sustain competition in markets, to...
Redrawing the corporate framework
Proposed amendments to India’s companies law would do away with much bureaucracy and bring India a step closer to modern international practices. By Bijesh Thakker in Mumbai
Since the Indian Companies Act was passed in 1956,...
Laws of competition
As India introduces a new anti-monopoly regime, valuable insights may be drawn from Australia’s experience
Dave Poddar and Nicholas Lingard explain
The Indian Competition (Amendment) Act, 2007, which was passed into law on 10 September, updated...
India in 2008
Shardul Thacker previews the regulatory changes that foreign and domestic businesses may witness during the coming year
India’s fast-moving economy hinges, to a large degree, on timely legislative reform and regulatory development. Authorities must stay...
Compulsory notification of M&A deals
The Competition Act, 2002, was enacted by parliament and received presidential assent in January 2003. However, the act has since been challenged in the Madras High Court and in the Supreme Court of India...
Legislative and regulatory update – October 2007
Banking
Banks have to provide borrowers with a copy of any loan agreement, the Reserve Bank of India (RBI) said on 22 August. According to the RBI, some banks were violating the Guidelines on Fair...
Taking a gamble
Sugal & Damani in August lost its bid to take over operation of the third British National Lottery Licence, which will come into effect in February 2009 and run for 10 years.
Instead, the current...
Legislative and regulatory update – July/August 2007
Securities
An Airports Economic Regulatory Authority (AERA) could be created in the near future after the Union Cabinet approved in May the passing of the AERA Bill, 2007. Under the bill, the authority would review...
A round-up of legislative and regulatory developments
thForeign institutional investors, mutual funds, and other institutions may be allowed to short sell their stocks under a March proposal by the capital markets regulator, the Securities and Exchange Board of India (SEBI). Though...
