Other Briefings
How Foreign Companies in India Can Manage Compliance Risks Effectively
We discuss key compliance risks that foreign companies in India face and strategies to manage them effectively.
India’s National Financial Reporting Authority Fines BSR & Associates INR 100 Million for Audit Lapses
The NFRA has imposed an INR100 million fine on BSR & Associates, an audit firm, for alleged failures in auditing Coffee Day Enterprises Ltd.
India Updates Foreign Exchange Rules, Simplifies Cross-Border Share Exchanges
India has amended updates to the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, with the goal of simplifying cross-border share exchanges and promoting the ease of doing business.
India’s Draft Personal Data Protection Rules Likely to be Released Within a Month
India is expected to release a draft of the rules under the Digital Personal Data Protection Act (DPDP Act) within a month for public consultations.
India to Enforce Mandatory BIS Standards for Chemicals and Petrochemicals
India will implement mandatory BIS standards for chemicals and petrochemical products, applicable on both domestic manufacturers and imports.
MCA Steps Up Enforcement Against Non-Compliant Companies in India
The Registrars of Companies (RoCs), part of India’s Ministry of Corporate Affairs (MCA), have ramped up enforcement, issuing 321 orders for alleged Companies Act violations in the June quarter.
White Goods Manufacturing in India: PLI Scheme Reopened from July 15 to October 12, 2024
Both new applicants and existing beneficiaries of the PLI Scheme for White Goods (PLIWG) seeking to invest more by moving to a higher target segment, as well as their group companies applying under a different target segment, will be eligible to apply, provided they meet the eligibility conditions.
Modi Government Reconstitutes Cabinet Committees After 2024 Elections
Following the 2024 general elections, Prime Minister Narendra Modi’s new government has announced eight cabinet committees, with members appointed from key NDA coalition partners. We list the new cabinet panel members and discuss the significance of the new political appointees.
