India Regulatory Brief: Delhi Bans Luxury Diesel Vehicles, New Minimum Wage Considered
This week, we examine the banning of luxury diesel vehicles in Delhi, provisions against export subsidy removals and a proposed minimum wage law.
India Regulatory Brief: Delhi to Introduce New Environmental Laws, Authorities Issue Notice to Companies Without Women Directors
This week, we examine traffic controls implemented in Delhi, Companies Act compliance warnings and a reported plan to re-negotiate some DTAAs.
India Regulatory Brief: EPFO Relaxes PF Withdrawal Procedure, RBI Liberalizes Foreign Borrowing Norms
This week, we examine reforms that make pension withdrawals and foreign borrowing easier as well as regulatory challenges for cable and satellite operators.
India Regulatory Brief: FDI Policy for Single-Brand Retail Relaxed, Regulatory Environment Scrutinized
This week, we examine the new FDI policy for single-brand retail and definition for manufacturing as well as RBI policy rates and Swiss regulatory concerns.
India Regulatory Brief: Winter Session of Parliament Begins, Bankruptcy and E-commerce Developments
This week, we highlight the parliament’s reform agenda, bankruptcy law reforms and an e-commerce investigation.
India Regulatory Brief: 1,500 Firms Obtain Security Clearance, Committee to Simplify Income Tax Act
This week, we report on MHA clearances for 1,500 companies, plans to simplify the Income Tax Act, a draft civil aviation policy and auto industry reforms.
India Regulatory Brief: Ease of Doing Business Improving, Pulse Import Cap Lifted
This week, we examine India’s improving business environment, the lifting of a cap on pulse imports and new guidelines from SEBI.
Walmart’s Bribery Scandal Shows Legal, Reputational Risks in India
Walmart personnel reportedly paid bribes amounting to several million U.S. Dollars to support its operations in India. The story highlights the integrity challenges that many foreign companies face in India, as well as associated legal and reputational risks.