Shops and Establishment Acts in India: An Explainer
The Shops and Establishment Acts in India are state and union territory-specific laws governing labor service conditions in shops and commercial establishments, excluding factories, and require mandatory compliance within their respective jurisdictions.
SEBI’s Consultation Paper on BRSR Aims to Ease ESG Compliance
India’s SEBI has made suggestions in regard to the BRSR Core framework to relax norms for listed entities’ value chain ESG disclosures.
Guide to India’s Foreign Manufacturer Certification Scheme
India Briefing provides you with a thorough understanding of the foreign manufacturers certification scheme (FMCS), a requirement that foreign manufacturing enterprises intending to import goods into India must adhere to.
Why Foreign Portfolio Investors May Soon Prefer India’s GIFT IFSC Over Traditional Investment Routes
India’s GIFT City has lucrative tax benefits, which has enhanced its appeal for foreign portfolio investors over traditional investment routes via Mauritius or Singapore. We explain more.
CCI Updates: New Merger Control Regulations, Focus on Digital Market and AI
India’s antitrust regulatory body, CCI, is working on more implementing regulations to give teeth to the Competition (Amendment) Act, 2023. Further, the antitrust body is keen to address monopolistic tendencies in the digital economy, per latest remarks from the chairperson, Ravneet Kaur.
Industry Bodies, Associations Seek Extension for Digital Competition Bill Feedback
The bill proposes a preemptive regulatory framework for overseeing digital markets in India, drawing inspiration from the Digital Markets Act of the European Union. Industry stakeholders are opposed to ex ante regulation fearing limits to market growth and stifling innovation.
India Revises its FDI Policy for the Space Sector, Relaxes Some Provisions
India is allowing up to 100 percent FDI in the space sector, opening doors to new business opportunities and high-tech job creation.
Update: India Has Approved 124 FDI Proposals from Neighboring Countries Since 2020
In 2020, India announced the decision to scrutinize investments from neighboring countries, allowing FDI only via the government route.