Senior lawyer Jeet Sen Gupta joins Vertices PartnersJeet started his career in 2001 and has worked with full-service law firm Economic Laws Practice for a large part of his career.
Competition halves law firms’ fees for NCD-related workLaw firms have seen a near halving of the fees they charge for documentation work on non-convertible debentures since the beginning of the ...
Entities funding India Inc's litigation costs see good business opportunityLeading litigation funds are exploring the possibility of doing business with Indian companies and some have discussed the subject with loc...
Treat companies dishonouring F&O deals as wilful defaulters: Supreme CourtThe particular judgement concerns Deutsche Bank, ICICI and Kotak, which had struck derivative deals with Finolex, Emcure Pharma and Hind Na...
- Gini & Jony in talk with HSBC and Barclays PLC to settle dues
The Bombay High Court has adjourned the case between Mumbai based kids apparel retailer Gini & Jony and its lenders including Hong Kong and...
- Islamic NBFC Alternative Investments and Credits to move court against Reserve Bank of India
A director of the company told ET that the board is weighing legal options to obtain a stay on the regulator's decision to cancel the certi...
- Instruments with sell-back options won't count as FDI
Govt on Friday amended foreign direct investment rules keeping all instruments with in-built options, such as right to sell back shares, ou...
- RBI opening doors for corporates to enter banking industry but with conditions
Corporates may find it easy to meet most conditions, but the RBI has spelt out it will be “very selective” and have the last word.
- Sun flouted foreign currency norms, Wockhardt tells RBI
Wockhardt has drawn RBIs attention to possible violation of foreign currency laws by Sun Pharma.
- Cyprus comes calling after Mauritius treaty faces heat
For the first 10 years since the birth of the Mauritius treaty in '83, Mauritius was used by Indian businessmen for outbound investments to...
Foreign investors, PEs may not be able to exit easilyRBI, which often has the last word on cross-border fund flows, has recently disapproved the sellback transaction by a foreign investor.
- High Court stays winding up order against Wockhardt; stock down
Wockhardt won temporary reprieve in the Bombay High Court as a division bench conditionally stayed its winding-up until May 3.
- High Court stays winding up order against Wockhardt
Wockhardt won temporary reprieve in the Bombay High Court as a division bench conditionally stayed its winding-up until May 3.
- Wockhardt down more than 7 per cent as court admits debtors' petition
Shares of Wockhardt fell more than 7 per cent in early trades on newspaper reports that the Bombay High Court on Friday admitted a winding-...
- What's next for Wockhardt, Mr Khorakiwala?
Wockhardt now has four weeks to settle with bondholders, or its troubles could grow.
- Cos take cover for cross-border M&As
Companies and funds are buying special insurance covers and adding new conditions in cross-border deals to protect themselves from future t...
- RBI mulls ECB rules for escrow accounts
RBI says put option makes an investment debt so stricter ECB rules should apply.