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  • 0010620bp-reliance20deal111.jpg
    Landmark deals epitomise Indian spirit
    It has been a splendid year for mergers and acquisitions in India. With law firms in the country involved in landmark transactions, such as the block trade between British Petroleum and Reliance, Vodafone’s buyout of Essar’s stake in their joint venture, and the Vedanta-Cairn acquisition, practitioners have been kept very busy this year.
    September 30 2011
  • JV hope with demise of Press Note 1
    The Consolidated FDI Policy, effective from April 2011, abolished Press Note 1 and allowed foreign companies to freely set up joint ventures with domestic partners. This development was a welcome step for lawyers and investors, and is a sign of the Indian government’s resolve to encourage foreign investment.
    September 30 2011
  • Key M&A deals
    Law firms
    September 30 2011
  • Telco vendors face increased security
    An update from the Department of Telecommunications (DoT) on security clearance procedures has tightened rules regarding telecommunications equipment. The new amendments – introduced to the Unified Access Service and the Cellular Mobile Telephone Service Licence Agreements (Security Regulations) – are part of a wave of increased telecommunications security mandated by the central government since 2009. These changes affect all foreign vendors and licensed telecommunications companies.
    September 30 2011
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    Hopes high for copyright legislation amendments
    By Adarsh Ramanujan, Lakshmi Kumaran & Sridharan
    September 30 2011
  • 0011420patni-knowledge-park-airoli.jpg
    Pragmatism prevailing among promoters
    Companies such as Patni Computers may need the support of private equity funding to develop The level of pragmatism in decision making in Indian businesses is on the rise, say practitioners. Recent observations from the legal market have indicated that while strategic vision and emotion remain integral considerations for business decisions, Indian promoters have grown more pragmatic.
    September 30 2011
  • 0010320ashok20k20gupta20-20aditya20birla20group.jpg
    The eternal optimist
    As group general counsel of a US$30 billion conglomerate that derives 60% of its revenues from outside its home jurisdiction, Aditya Birla’s Ashok Gupta is ideally placed to comment on efforts to lure greater foreign investment
    September 30 2011
  • 0010320walmart-stores.jpg
    Retail therapy
    In July this year, a panel of secretaries of the Indian government approved a proposal permitting offshore multi-brand retailers to hold up to 51% in Indian companies in the retail sector. This development has been met with great cheer in the legal market. Though the proposal is set to go through several rounds of approval before being formalised, lawyers are excited for the opportunities this development might present.
    September 30 2011
  • 007920vodafone-airtel-mobile-shop.jpg
    Notification of privacy rules causes concern
    The notification of the Data Privacy Rules on April 11 2011 ushers in a new regulation that will have far-reaching effects on India’s IT, telecommunications and related service sectors. The notified rules provide guidelines for the collection and usage of personal information or data.
    September 30 2011
  • 007620raja20sujith20-20majmudar2020co.jpg
    Shaping the future of IP
    In its annual review of the 50 most influential people in intellectual property, Managing IP magazine has included three entrants from India – or six individuals to be precise
    September 30 2011
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