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.
India Regulatory Brief: Reforms to Encourage Startups, New Guidelines for Transport Aggregators, Telecoms
This week, we examine efforts to encourage startups, new guidelines for transport aggregators and telecoms, as well as plans to improve pension schemes.
India Regulatory Brief: Anti-trust Body Warns Google, New Environmental Norms Coming
This week, we examine an anti-trust warning to Google, new environmental norms for the industrial sector and new regulations planned for food processing.
Social Impact Assessments in India: Red Tape or Good for Business?
Social Impact Assessments (SIAs) are an important part of the investment process for many companies in India. While some view SIAs as bureaucratic red tape, others understand how SIAs can help a company get started in the right direction.
India Regulatory Brief: Approvals for E-boarding at Hyderabad Airport, Payments Banks
This week, we examine regulatory approvals for an e-boarding facility at Hyderabad airport and payments banks as well as an India-Seychelles tax pact.
India’s Bankruptcy Code to Receive Critical Overhaul
Discussions for overhauling India’s bankruptcy code are set for October ahead of an anticipated February 2016 unveiling. This reform will be critical for improving India’s business environment, and ultimately encouraging greater foreign investment and economic growth.