Other Briefings
Getting to Grips with India’s New Labor Laws
India has recently taken steps to reform its labor market in order to increase the size of its manufacturing sector and create more jobs. These changes are part of Narendra Modi’s goal to use labor-intensive manufacturing to employ its booming working age population.
Can India’s Newly Drafted Road Safety Laws Help Boost its Economy?
The Indian government has released a draft bill of measures to help tackle road safety and congestion. Long overdue, the bill aims to address some of the many problems that exist in how India regulates its roads, but may also have a profound effect on the country’s still-developing economy.
Establishing a Liaison Office to Reach the Indian Market
Establishing a liaison office is typically the first exploratory step foreign companies take towards selling to the Indian market. Liaison offices are permitted to facilitate and promote the parent company’s business activities and act as a communications channel between the foreign parent company and Indian companies and consumers.
Updates to India’s Companies Act 2013
The Ministry of Corporate Affairs recently released more updates to the Companies Act 2013. There were changes to the limits of video conferencing for Audit Committee Meetings and to the limits on contractual agreements by companies with other parties.
Expert Commentary: Joint Ventures for Market Entry in India
Although entering into a JV with a domestic partner is required for foreign companies seeking to operate in sectors that do not permit 100 percent FDI, a growing number of JVs with Indian firms are being established for strategic market advantage rather than legal necessity.
Resident Director Requirement Goes Into Effect Under Updated Companies Act
Subsidiaries of foreign companies in India will be required to have at least on resident director on its board by 1st April, 2015, in accordance with the updated Companies Act 2013.
Securities and Exchange Board of India Granted More Powers to Protect Investors
On Tuesday, the Securities Laws (Amendment) Bill 2014 was passed by the Rajya Sabha, India’s upper house, after being passed by the Lok Sabha, the lower house, last week.
Indian Regulator Approves REITs to Streamline FDI into Burgeoning Property Market
On Sunday, India’s capital market regulator, The Securities & Exchange Board of India, in a long-awaited announcement, revealed the guidelines for real estate investment trusts, as well as infrastructure investment trusts.
