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India-UK CETA takes effect, improves trade, reduces barriers

The India-UK Comprehensive Economic and Trade Agreement takes effect on 15 July 2026, improving bilateral trade and market access

Reuben Chacko quits CAM to expand S&R’s southern horizon

After two decades at Cyril Amarchand Mangaldas (CAM), Reuben Chacko, senior partner and regional co-head markets practice (south) has decided to move to S&R Associates.

CAM, SAM, and Trilegal act on TPG’s USD467m AIFL acquisition

Firms advise on a TPG Rise Climate Fund-led consortium’s proposed INR45 billion (USD467 million) 100% acquisition of Aseem Infrastructure Finance

CCI closes case on anti-competitive pharmaceutical practices

Pharmaceutical manufacturers that voluntarily pay product information services (PIS) charges do not constitute a restrictive trade practice, the Competition Commission (CCI) of India says

Ashurst Perkins Coie, ILP power USD493m India energy loan

Ashurst Perkins Coie and ILP aid a Japan Bank for International Co-operation-led consortium on a JPY80 billion (USD493 million) loan for an energy project in India

Recalibrating India’s FPI regime beyond NRIs/OCIs

By Aman Avinav, Phoenix Legal

India broadens schedule III route, tightens safeguards on ownership, thresholds and land-border jurisdictions

Significance of new rules on determining, registering online games

By Ashima Obhan and Priyanka Narayanan, Obhan Mason

India’s online gaming rules 2026 clarify determinations, create registration regime and centralise regulatory decision-making power

Adani’s USD1.57bn QIP in landmark India issuance

Firms guide Adani Enterprises on a INR150 billion qualified institutional placement in the largest such non-bank issuance in India

Amrita Pandey to boost Hammurabi’s disputes talent in Kolkata

Amrita Pandey joins Hammurabi & Solomon Partners as a partner in the dispute resolution practice in Kolkata

IBBI proposes changes on corporate insolvency framework

The Insolvency and Bankruptcy Board of India issues a discussion paper on proposed changes to toughen the framework on CIRP, liquidation and bankruptcy

US lifts sanctions on four Indian companies for Russia links

The US Department of the Treasury removes sanctions on four Indian manufacturing companies

Delhi EV policy targets adoption of clean mobility by 2030

The National Capital Territory government introduces an electric vehicle (EV) policy to achieve clean mobility by 2030

Baker McKenzie, JSA, Luthra act on IREDA’s JPY28bn green loan

Firms counsel parties involved in Indian Renewable Energy Development Agency’s JPY28 billion (USD173.6 million) sustainable loan

Arbitration award upheld against ONGC in payment dispute

Bombay High Court dismisses ONGC petition against an arbitration award for payment of extra work on offshore Mumbai oil project

FEMA regulations to reshape India’s EXIM compliance regime

By Aman Avinav, Phoenix Legal

RBI’s 2026 FEMA regulations unify export-import rules, easing compliance and strengthening AD bank governance

Protecting personal data in Indian MSMEs and startups

By Shantanu Sahay and Pratyush Acharya, Anand and Anand

Data protection for MSMEs now involves simple controls under India’s evolving privacy framework

Impact of Middle East crisis on India’s energy supply

By Rahul Sinha and Mohd Shahan Ulla, DSK Legal

Strait of Hormuz shutdown triggers force majeure, reshapes India’s imported energy contracts, regulation and downstream disputes nationwide

Cyril Amarchand, DSK dock Adani’s USD1.4bn Vizhinjam port deal

Adani Ports and Special Economic Zone Limited (APSEZL) signs agreements with Mundi to secure a 49% stake in Adani Vizhinjam Port Private Limited (AVVPL) for USD1.397 billion

Defendants fined INR1m for infringing Blue Cross pain mark

The Bombay High Court orders defendants to pay a INR1 million (USD10,501) fine for infringing Blue Cross Laboratories’ registered mark “Meftal-Spas”

Kotak Mahindra to buy Deutsche’s India’s banking business

Firms are advising on Deutsche Bank’s sale of its retail, private banking and wealth management business in India to Kotak Mahindra

AZB, CAM, Hogan Lovells steer Sterlite’s USD159m QIP

AZB & Partners, Cyril Amarchand Mangaldas and Hogan Lovells act for Sterlite Technologies’ qualified institutional placement (QIP), raising around INR15 billion

Kanga & Co sole counsel for OM Power’s INR1.5bn IPO

Kanga & Co advises Om Power Transmission on its successful IPO in India, raising around INR1.5 billion (USD15.73 million)

Khaitan, Trilegal and Linklaters work on landmark JSW QIP

Firms have worked on JSW Infrastructure’s landmark INR75 billion (USD875 million) qualified institutional placement (QIP)

CPPIB in strategic CAD1bn Indian data centre partnership

Firms counsel on Canada Pension Plan Investment Board’s strategic CAD1 billion partnership with India’s CtrlS Datacenters

Gagan Kathuria joins AnantLaw as corporate M&A partner

AnantLaw recruits Gagan Kathuria as a partner in its corporate M&A practice and will be based in the New Delhi office

Cooley, Dua advise Lingyi iTech on HKD8.26bn Hong Kong IPO

Cooley and Dua Associates have guided Apple supplier Lingyi iTech on its HKD8.26 billion (USD1.06 billion) initial public offering in Hong Kong

Juris Corp bolsters leadership with four new equity partners

Juris Corp inducts Ankit Sinha, Apurva Kanvinde, Saurabh Sharma and Smrithi Nair as equity partners

India’s CCPA fines McAfee over violation of consumer rights

India’s Central Consumer Protection Authority (CCPA) fines McAfee Software India after finding the company violated consumer rights

Consent, clarity and arbitration clause lessons

By Hiral Gupta and Surabhi Sharan, Bharucha & Partners

Supreme Court: ‘Can’ arbitration clauses signal permissive option, not binding consent, in Nagreeka Indcon case

Green Channel Route: Gains and predictability

By Vandana Pai and Hardik Dave, Bharucha & Partners

In India’s green channel route, binary deemed approvals are strained by affiliate overlaps, needing de minimis guidance

Setting up a GCC in India

By Vikas Agarwal and Vivek Sadhale, LegaLogic Consulting

Designing India GCCs involves vehicle, location, labour, data, pricing and transfer pricing compliance for strategic durability

Taking the Pune advantage

By Aanchal Lamba and Richa Joshi, Stride Legal

Pune a balanced hub for investment, manufacturing, technology, GCCs and compliant market entry strategies

GCAI pushes global agenda through India-UK conference

The GCAI deepens cross-border collaboration after convening senior government officials, general counsel, law firms and legal institutions from India and the UK at its London conference

CAM, Shardul Amarchand act on Krishna medical’s USD155m QIP

Firms assist on Krishna Institute of Medical Sciences’ INR15 billion (USD155 million) qualified institutional placement of shares

Yella Reddy a TLH partner in Andhra Pradesh’s Vijayawada city

Rajanala Yella Reddy joins TLH Advocates & Solicitors as a partner at the firm’s Vijayawada office

Nidhi Khadria strengthens JSA’s corporate team in Mumbai

Nidhi Khadria joins JSA as a partner based in the firm’s Mumbai office, strengthening its corporate practice

Prateek Bhandari boosts SAM’s infrastructure & project finance

Prateek Bhandari joins Shardul Amarchand Mangaldas & Co as a New Delhi partner in the firm’s infrastructure, energy and project finance practice

JSA counsels ceramics brand RAK India on NCD issuance

JSA counsels RAK Ceramics India on its issuance of senior redeemable non-convertible debentures (NCDs) on a private placement basis

SAM, IndusLaw act on SolarSquare Energy’s USD53m funding

Shardul Amarchand Mangaldas & Co and CMS IndusLaw assist on SolarSquare’s INR5.08 million (USD53 million) series C funding

NDA’s Mohammad Kamran joins Resolüt to head New Delhi office

Mohammad Kamran leaves Nishith Desai Associates to head the New Delhi office of Resolüt Partners

Firms sketch Italian stationary giant FILA’s DOMS stake sale

Firms chart Italian stationary giant FILA Fabbrica Italiana Lapis ed Affini’s sale of 7% stake in Indian subsidiary DOMS Industries

Metalegal, Khaitan steer L’Oréal’s acquisition of Innovist

Khaitan & Co and Metalegal Advocates counsel on L’Oréal India’s acquisition of a controlling stake in Innovist

India’s changing labour law regime

By Pooja Ramchandani, Suryansh Gupta and Shalini Prem, Shardul Amarchand Mangaldas & Co

India’s four Labour Codes mark a historic shift, unifying 29 laws and reshaping wages, work and compliance

UP RERA’s transfer charge reforms

By Rohit Bajaj, Shridha Malhotra, Abhimanyu Chattree and Arpita Mohapatra, Shardul Amarchand Mangaldas & Co

UP RERA caps transfer charges, simplifies succession and assignments, strengthening homebuyer protections under real estate

Standard essential patents: Stakes for Japanese automakers

By Gaurav Choubey, Kochhar & Co

Japan automakers’ India boom meets SEP risk, with connected-vehicle standards triggering long-term FRAND licensing exposure

Reliance gets Supreme Court green light for Mumbai project

The Supreme Court dismisses a civil writ petition seeking to quash a tender won by Reliance Industries for a coastal road development in Mumbai

Finance ministry and RBI amend FEMA rules

Indian regulators release amendments on foreign exchange management regulations replacing the terms NRI and OCI with an individual residing outside India

IFSCA introduces managing general agents for foreign insurers

The IFSCA’s new rules on managing general agents took effect on 8 June 2026, easing the burden on foreign insurers

Lex Alliance expands in New Delhi with modern office

Lex Alliance expands in New Delhi with the opening of a larger, modern workspace to replace its former Defence Colony office

Former Deloitte directors launch Fair & Square Legal

Former Deloitte tax professionals Abhishek Ranjan, Akash Mittal and Sadhvi Gupta launch specialist law firm Fair & Square Legal

Investment strategies in alluring India

By Dushyant Bagga and Pooja Menon, TT&A

India draws Japanese investment with pricing rules, FDI, FVCI, convertible notes and minority protections for unlisted equity

The importance of IP protection in India

By Sujata Chaudhri and Urfee Roomi, Sujata Chaudhri IP Attorneys

India attracts Japanese investment as mature IP regime, use-based trademarks and working patents reshape strategy

Orr Dignam & Co revives 150-year legacy, reopens its doors

Orr Dignam & Co managing partner Dev Mukherjee has reconstituted the partnership law firm with offices in Kolkata and New Delhi

Rebalancing bank-NBFC relationships

Co-lending needs greater parity amid heightened regulatory scrutiny, argues Nishant Kotak, head of legal at DSP Group

CCI seeks comments on draft anti-competitive commitment rules

CCI seeks comments on draft revision of commitment rules to address procedural issues on entities accused of anti-competitive practices

JSA veteran Amit Kapur steps down, joins CAM

JSA's former joint managing partner Amit Kapur departs after serving the firm for more than three decades

Kanga & Co advises MK Sons Fine Jewels on proposed IPO in India

Kanga & Co counsels MK Sons Fine Jewels and book-running lead manager Aryaman Financial Services on the jewellery company’s proposed IPO in India

India’s Supreme Court seeks opinions on draft AI rules

The Supreme Court of India is seeking stakeholder views on draft regulations for using AI in the judicature

AAA tools up with AI

As AAA turns 100, CEO Bridget McCormack discusses ICDR growth and responsible AI tools reshaping arbitration services globally

Chennai: A future with data governance

By Kirthi Jayakumar, Peritum Partners

Chennai leads India’s DPDPA rollout, uniting cybersecurity, AI and data centre growth into future-ready governance frameworks

Growing Tamil Nadu’s real estate ecosystem

By Mohamed Sirajutheen and Varalashmi Arunachalam, Peritum Partners

Tamil Nadu housing sales rise as STAR 3.0 digitises registration and TNRERA tightens developer accounts

Chennai snapshot: Dispute resolution, insolvency

By Durga Bhatt, Peritum Partners

Chennai’s commercial disputes in 2026 involve forum selection amid arbitration, NCLT momentum and electronic IP evidence

Chennai’s legal fabric

Chennai’s legal ecosystem goes beyond litigation as the port city has a high court legacy, specialised practices, local insight and relationship-driven advocacy

S&A Law acts for AIAHL on USD168.5m Air India building sale

S&A Law Offices acts for AI Assets on its INR16 billion sale of the iconic Air India building at Nariman Point, Mumbai, to the Maharashtra state government

SEBI issues interim order after probe into INR1tn fraud

India’s SEBI issues an interim order against Rajesh Exports and owner Rajesh Mehta, accusing them of defrauding investors of INR1 trillion

Abhinav Shukla now GC at Shravin Mittal’s Unbound

Abhinav Shukla is now general counsel at Unbound, a global investment firm founded by Shravin Bharti Mittal, the son of Sunil Bharti Mittal

Vodafone ruling redials rights over ringtone royalties

By Neel Mason, Ekta Sharma and Surabhi Katare, Obhan Mason

Calcutta High Court clarifies ringtone royalties: Vodafone Idea must secure IPRS licences for underlying works

Flaws diverting Delhi’s draft EV policy

By Abhishek Tripathi and Ashutosh Senger, Sarthak Advocates & Solicitors

Delhi EV policy shifts to bans, but incentives, supply contingencies and financing gaps threaten delivery

New ICC arbitration rules improve efficiency, case management

The ICC issues new arbitration rules, which took effect on 1 June 2026, to improve efficiency, clarity and case management

Calcutta HC upholds authors’ music rights in Vodafone case

Calcutta High Court upholds authors’ rights to royalties for commercial exploitation of their musical and literary works in ringtones

India AI Digital Regulation Frameworkvideo

Nurturing digital adoption with light-touch regulation

By Probir Roy Chowdhury and Sajai Singh, JSA

India’s light-touch AI and data rules enable innovation with clear, risk-based compliance for investors

Impact investing: Do use of proceeds clauses actually work?

By Mita Sood, Bharucha & Partners

Use of proceeds clauses in India need monitoring, audit rights and enforceable remedies are beyond covenants

Policy, process and delay in arbitral challenges

By Sneha Jaisingh and Jaidhara Shah, Bharucha & Partners

India’s Supreme Court reinforces arbitration finality where due process objections cannot derail awards or restart proceedings

New CSR instrument exempts companies from impact assessment

India’s Ministry of Corporate Affairs introduces zero coupon, zero principal instruments to help companies facilitate corporate social responsibility compliance

Funding M&A transactions in India

By Shruti Lohia, BMR Legal

RBI reforms expand acquisition finance, boosting India M&A through deeper capital pools, smoother cross-border approvals

Wealth in transition

An unprecedented transfer of private wealth is colliding with tighter regulation and rising complexity

India witnesses significant transformation in estate planning

By Sadia Khan and Krishna Ramanathan, Shardul Amarchand Mangaldas & Co

DSK Legal, SNG act on ICICI’s USD33m Mumbai commercial tower buy

Firms guide parties in ICICI Prudential’s acquisition of a premium commercial property in Kalina-Vakola, Mumbai, for INR3.15 billion

RBI sets cooling off period for co-op bank directors

The Reserve Bank of India updates directions on the tenure of directors at urban and rural co-operative banks

Economic Laws Practice promotes four to equity partnership

Economic Laws Practice promotes four lawyers – Mumtaz Bhalla, Vinay Butani, Sweta Rajan and Manendra Singh – to equity partnership

Hiral Motta returns to Cyril Amarchand as real estate partner

Hiral Motta rejoins Cyril Amarchand Mangaldas as a partner in its real estate practice at the firm's Mumbai office

CMS IndusLaw, S&R advise on Bosch-Wheels-Brakes JV

Firms act on a Bosch, Wheels India and Brakes India strategic joint venture to manufacture next-generation air system products for commercial vehicles

Firms act on IHC’s USD1bn Sammaan Capital stake buy

Firms advise on International Holding Company PJSC’s INR88.5 billion (USD1 billion) acquisition of a controlling stake in Sammaan Capital

Bombay Law Chambers promotes five counsel as partners

Bombay Law Chambers elevates five counsel to its partnership ranks, taking the firm’s total partner count to 14 across four offices

NGT cracks down on illegal tree felling and construction

The National Green Tribunal has cracked down on real estate developer Omaxe’s illegal construction and unauthorised tree felling  for the development

SEBI rolls out fast-track process for AIF memorandums

The SEBI introduces a fast-track mechanism for processing AIF private placement memorandums to improve the ease of doing business

Adanis agree to pay USD18m settlement in US SEC case

Gautam Adani and his nephew, Sagar Adani, consent to pay an USD18 million penalty in a US Securities and Exchange Commission agreement

Mohana Nijhawan rejoins Chandhiok & Mahajan in New Delhi

Mohana Nijhawan rejoins Chandhiok & Mahajan as counsel at the New Delhi office

Policy, paradox and participation

LG India’s Rajiv Malik welcomes changes to Press Note 3 that mean a new FDI policy for close neighbours

Of beauties and beasts: The digital dilemma

By Ashima Obhan and Shuchi Dutta, Obhan Mason

India’s new AI labelling rules reshape beauty creator economy built on authenticity, trust and edited perfection

Contingent liability and evolution of cross-border guarantees under FEMA

By Aman Avinav, Phoenix Legal

RBI 2026 guarantee rules strengthen cross-border transparency, oversight and reporting, while balancing commerce and compliance

Is green hydrogen India’s key to withstanding global oil crisis?

By Anjan Dasgupta, Roochi Loona and Yashaswini Basu, DSK Legal

Geopolitics accelerates India’s green hydrogen push amid oil volatility, infrastructure gaps and emerging EU mandates

SNG & Partners announces six annual promotions

SNG & Partners announces six annual promotions to partner and principal associate level across key practice areas

Shashank Shekhar joins JSA as retained partner

Shashank Shekhar joins JSA as retained partner in Bengaluru, boosting indirect tax litigation expertise

Rohit Tiwari joins Trilegal’s Bengaluru capital markets practice

Rohit Tiwari joins Trilegal as Bengaluru capital markets partner, boosting equity partnership to 158

RBI scrutiny tightens over NBFC ‘board observers’

By Swathi Girimaji and Theertha Aiyappa, Bharucha & Partners

RBI tightens NBFC governance as PE and VC board observers face director duties, liability risks

Non-tariff barriers and India’s digital trade commitments

By Jasman Dhanoa and Anindita Deb, ADP Law Offices

Non-tariff measures in overdrive as India aligns ICT standards and conformity assessments with US, IEC norms 

Proportionality, compliance in captive power: The amendment rules

By Anubhav Tiwari and Jahnavi Tolani, Sarthak Advocates & Solicitors

India’s Amendment rules 2026 clarify captive ownership, consumption and verification for group entities, AoPs and SPVs

India Infrastructure PPP Reforms

How India is enabling faster, smoother project development

By Ashish Suman and M Arun Kumar, JSA

India’s PPP reforms boost investor confidence, unlocking private capital for 2047 infrastructure and green transitions

Paper reciprocity undermines foreign decrees

By Ambar Bhushan and Aaryan Goyal, Bharucha & Partners

Executing foreign decrees in India: Section 44A CPC, reciprocity, comity and Bombay High Court guidance

Anant Mishra quits JSA to join Aretha Legal in New Delhi

Anant Mishra joins Aretha Legal as a partner in the firm’s corporate, M&A, private equity and venture capital practice

Gaurav Rana opens boutique firm Rana & Partners in New Delhi

Gaurav Rana launches boutique law firm, Rana & Partners, headquartered in New Delhi

Balancing rights amid frozen bank accounts and financial blackouts

By Anju Gandhi, Sweta Mehta and Shriya Belvi, SNG & Partners

India’s BNSS section 106 balances rights against bank account freezes, with judicial oversight, proportionality and uniform SOPs for cybercrime investigations

How the DPDPA and AI intersect

By Shantanu Sahay and Pratyush Acharya, Anand and Anand

India’s DPDPA reshapes AI governance by restricting data reuse across collection, inference and generation harms

Goswami & Nigam split as founders embrace new directions

Boutique law firm Goswami & Nigam dissolves after founding partners Himanshu Goswami and Nishant Nigam part ways

Firms deliver IPL’s Rajasthan Royals to Indian consortium

Firms collaborate on a consortium’s bid to acquire Indian Premier League cricket franchise Rajasthan Royals for USD1.65 billion

New code brings ambiguity for maternity benefits

By Agrima Awasthi and Diksha Singh, Wadhwa Law Offices

Labour codes’ wage redefinition may reduce maternity benefits, raising employer compliance risks and litigation concerns

RBI seeks comments on revised PPI rules to improve security

The Reserve Bank of India is seeking comments from regulated entities, stakeholders and the public on the prepaid payment instruments (PPIs) draft rules

Arbitrating in India

Experts inform on critical elements for conducting proceedings, and the current direction for arbitration in India

Partner Roshan D’Souza boosts Saga Legal disputes team

Saga Legal adds Roshan D’Souza as partner in Bangaluru to bolster the firm’s disputes and financial regulatory team

ALMT Legal promotes Vishal Vora to associate partner

ALMT Legal promotes Vishal Vora as associate partner in Mumbai

Knock knock

Preparing for India’s multi-agency dawn raids: Building response architecture, preserving privilege and documenting every step

Mumbai ED seizes properties in INR24.67bn money laundering case

ED authorities seize six properties in Kharghar, Mumbai and Pune owned by Suresh Kute, Archana Kute and other entites in money laundering case

Firms shape Finland’s historic USD34.4bn Kone-TKE transaction

Firms advise on Kone’s landmark EUR29.4 billion (USD34.4 billion) purchase agreement for Germany’s TK Elevator in the largest transaction in Finland’s history

Guarding the nest eggs

Life insurers’ digital shift demands stronger legal oversight to protect customer data and cyber resilience

Alleged mastermind behind INR18.25b GST refund fraud arrested

Ahmedabad’s DGGI arrests alleged “mastermind” Kapil Chugh behind INR18.25 billion GST refund fraud

What India’s DPDP regime demands of your business

By Ravi Singhania and Jivesh Chandrayan, Singhania & Partners

India’s DPDP consent regime reshapes digital architectures, risk allocation and notice standards, demanding user control

Updating force majeure clauses for India-Japan contracts

By Krishna Vijay Singh and Muneeb Rashid Malik, Kochhar & Co

After covid-19, Indo-Japan force majeure clauses today are scrutinised, with frustration risks and modern change-in-law protections considered

Trends in biologic patent litigation

By Swati Sharma and Gitika Suri, Cyril Amarchand Mangaldas

Biosimilars, biologics and patents: High Court decisions reshape claim mapping, discovery and injunctions in India

LATEST ON LAW.ASIA

Negotiation priorities for Japanese investors in India

By Ketan Mukhija, Deepanshi Trivedi and Anshu Gupta, Kochhar & Co
Bangladesh A-list Feat

A-List: Bangladesh 2026

Following an extensive nomination process, Asia Business Law Journal reveals the top lawyers in Bangladesh

Correspondents

Arbitration Clause Drafting

Consent, clarity and arbitration clause lessons

By Hiral Gupta and Surabhi Sharan, Bharucha & Partners
India Green Channel Route

Green Channel Route: Gains and predictability

By Vandana Pai and Hardik Dave, Bharucha & Partners
Impact Investing Compliancevideo

Impact investing: Do use of proceeds clauses actually work?

By Mita Sood, Bharucha & Partners
Arbitration Due Process Limitsvideo

Policy, process and delay in arbitral challenges

By Sneha Jaisingh and Jaidhara Shah, Bharucha & Partners

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