On 10th April 2012, India's Ministry of Commerce and Industry released a circular with the updated Foreign Direct Investment Policy. Although the contents of the last press note were replicated, this update from Field Fisher Waterhouse outlines how in practice things have changed.
Law Firm: Field Fisher Waterhouse | Published: 26 April 2012 | Practice Area: Agency, Distribution and Franchising
Further to their major research piece '50 Degrees East', Allen & Overy provide a broad overview of the issues that businesses are grappling with as the global economy sees a shift of power from developed economies to those in emerging markets, particularly in Asia.
Law Firm: Allen & Overy | Published: 12 April 2012 | Practice Area: Collective Investment Schemes
The Indian Government has recently introduced a number of key changes to the regulatory landscape that have significant implications for clients considering investments into India. Linklaters' Sandeep Katwala outlines new takeover regulations and changes to the merger control regime.
Law Firm: Linklaters | Published: 02 April 2012 | Practice Area: Mergers & Acquisitions
Writing exclusively for Legal Week, Kamal Shah and Jide Adesokan outline the Government and private measures to promote Indian arbitration; the changes made to the Arbitration Act; Court approach to the enforcement of awards; and the question of foreign lawyers practising in India.
Law Firm: Stephenson Harwood | Published: 30 March 2012 | Practice Area: Arbitration
A claim filed against India by White Industries Ltd, an Australian mining company, under the 1999 Bilateral Investment Treaty between India and Australia, has been decided in favour of the Australian company. Herbert Smith outlines why the judgment is of great significance for Indian investment.
Law Firm: Herbert Smith | Published: 08 March 2012 | Practice Area: Alternative Dispute Resolution
The Indian Supreme Court has commenced hearings to reconsider its earlier controversial ruling on the applicability of the Indian Arbitration and Conciliation Act 1996 to arbitrations seated outside India. The outcome of the appeal is likely to be of considerable significance to investors in India.
Law Firm: Allen & Overy | Published: 07 February 2012 | Practice Area: Arbitration
The Government of India recently announced that the limit for foreign shareholding in an Indian company involved in single brand retail will be increased from 51 per cent to 100 per cent. This briefing outlines the details and conditions as well as potential issues for foreign brand owners.
Law Firm: Field Fisher Waterhouse | Published: 23 January 2012 | Practice Area: Sale and Supply of Goods and Services
As India's current spend on education is at 5% of average household income, it is one of the most attractive counter-cyclical areas for foreign investment. This briefing discusses the potential for international joint ventures in the sector, as well as the legal structures involved.
Law Firm: Penningtons | Published: 09 January 2012 | Practice Area: Joint Ventures
Australia's ruling Labor party has voted to end the country's ban on selling uranium to India, meaning Australia will be well-placed to feed India's increasing appetite for uranium. Norton Rose outlines how the agreement will lead to better relations and greater trade between the two countries.
Law Firm: Norton Rose | Published: 12 December 2011 | Practice Area: Regulation and Enforcement
India has decided to allow foreign companies to invest up to 51% in "multi-brand retailers" with the balance to be held by Indian entities. The move grants access to foreign supermarket giants for the first time. In this alert, Eversheds' Head of India Group comments on the pro-liberalisation move.
Law Firm: Eversheds | Published: 29 November 2011 | Practice Area: Sale and Supply of Goods and Services
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