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UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
Delhi HC stops Bar Council of India from acting against Dentons Link Legal for foreign tie-upThe Delhi High Court has barred the Bar Council of India (BCI) from taking final action against Dentons Link Legal over its alliance with g...
IndusLaw joins hands with CMS as foreign law firms eye India post sector liberalisationIndusLaw has strategically partnered with CMS, a global legal powerhouse, following the Bar Council of India's decision to allow foreign la...
Govt issues clarification on issuance of bonus shares to existing foreign investorsThe DPIIT has clarified that Indian companies in sectors prohibited for FDI can issue bonus shares to existing foreign shareholders, provid...
Govt decision to set up 12 industrial cities to boost domestic manufacturing: ExpertsThe Union Cabinet has approved the establishment of 12 new industrial cities across ten states, with an investment of Rs 28,602 crore. This...
Indian athletes step up fight against publicity rights violations by brandsIndian Olympic athletes, PR Sreejesh and Manu Bhaker among others, are pursuing legal action against brands for unauthorized use of their n...
Sebi amends rule to facilitate ease of doing biz for cos planning IPOsRules mandate at least 20% of promoters’ shares to be locked in for a certain period of time post-listing after an IPO. This relaxation wil...
I-T department issues clarification regarding India-Mauritius tax treatyThe department said that the Protocol pertaining to the amendment is yet to be ratified and notified under Section 90 of the Income-tax Act...
MNCs may face Rs 11,000 cr retro tax demand after SC rulingMultinational companies based in the Netherlands, Switzerland, and France may face retrospective tax demands of around ₹11,000 crore on div...
National Company Law Tribunal dismisses fintech firm Simpl co-founder’s pleaThe NCLT has dismissed an application filed by Simpl's co-founder, Nityanand Sharma, seeking the dismissal of an Oppression and Mismanageme...
Forex spend tax: FAQs awaited on many aspectsWhile Wednesday's decision has provided relief and clarity to several taxpayers, banks and travel agents, there are several aspects on whic...
Delisting NCDs: Is the Indian debt capital market prepared?The Securities and Exchange Board of India (Sebi) has released a consultation paper proposing a framework for delisting of Non-Convertible ...
Adani fundraise targets retail buyers, allows discount pricingThe Rs 20,000 crore ($2.5 billion) equity sale via the further public offer mechanism, approved Friday, gives the company maximum flexibili...
Suzlon Energy's Rs 1,200-crore rights issue oversubscribed by 1.8 timesAccording to the statement, the issue size was 240 crore partly paid-up equity shares for cash, at a price of Rs 5 per rights equity share ...
Benguluru-based boutique law firm’s realty, litigation team joins IndusLawDuring the fiscal year March 2021, the combined legal cost of all the companies was about Rs 36,973.75 crore, a marginal decline of 1.67% c...
At Rs 1.19 lakh crore in 2021, IPO bounty breaks all past recordsThis is nearly 4.5 times higher than the IPO fundraising in 2020 and almost double that of 2017 which held the record until now for highest...
RuleZero raises Rs 10 crore in new roundFounded by Satish Mugulavalli and Srinivas Katta in 2019, RuleZero's platform manages ownership data, automates share issuance processes an...
FDI SOP: Inter-ministerial panel for delayed proposals, strong review mechanism, crisp timelinesInvestors are required to submit 23 documents, of which nine are mandatory instead of 20 earlier, according to the updated Standard Operati...
CCI starts probe into pricing of Airline ticketsConfirming the inquiry, a senior official said that the commission has initiated on its own the probe into the pricing of tickets by all ai...
CCI probing alleged fixing of airfares, looking at algorithms used by airlinesCompetition Commission is investigating allegations of similar pricing as well as simultaneous increase in ticket prices by the airlines.