Legal Framework Underway to Establish India’s GIFT City as a Global Accounting Hub
India is working on the legal framework for its first IFSC at GIFT City in Gujarat to enable it to become a global financial center.
India Amends Mining Law to Allow Private Sector Participation in Critical Mineral Exploration
India hopes to leverage private sector expertise in critical mineral exploration to sufficiently exploit its natural geological potential and reduce import dependencies for critical raw materials in frontier industries.
LEI Compliance for Foreign Portfolio Investment in India
Non-individual foreign portfolio investors (FPI) in India must submit their Legal Entity Identifier (LEI) details per directions from securities and market regulator SEBI.
India’s Updated Sustainability Reporting Format and Rules for ESG Ratings Providers
As global efforts mount to standardize ESG audits, India is mandating listed companies to make ESG disclosures for their value chains.
India’s Legislative Agenda During the 2023 Parliament Monsoon Session
We list the legislative bills expected to be tabled in the Monsoon Session of the Indian Parliament, to be held between July 20, 2023 to August 11, 2023.
Regulatory Framework Governing Mergers and Acquisitions in India
Businesses should note the company, securities, tax, foreign exchange, and sector-specific laws and regulations impacting M&A in India.
Merger Control Regime in India: Analyzing the 2023 Revisions to the Competition Law
The Competition (Amendment) Act, 2023 in India introduces significant changes to the merger control regime. We discuss these key changes and the enforcement of various provisions.
India Unveils Draft Green Credit Program to Incentivize Sustainable Practices
The draft Green Credit Program Implementation Rules 2023 will enable entities in India to earn ‘green credits’ as incentives for their sustainable methods and environmentally conscious business practices. We discuss how the program could work.