On the auspicious occasion of NRI’s day (the Pravasi Bhartiya Divas) on 9th January 2003, the Finance Minister has made major...

Similar to the American Depository Receipts (ADRs) or Global Depository Receipts (GDRs) which have been used by Indian companies to raise...

Foreign direct investment in small scale industries (SSI) was capped at 24%.

Special regulatory treatment for asset classification had been made available to all categories of advances except consumer and personal...

The Association of Mutual Funds in India has come up with a revised Code of Conduct for Mutual Funds (MFs) intermediaries. Securities and...

In the past there has been a lack of clarity whether investment holding companies are considered as Non-Banking Financial Companies (“...

The microfinance sector has been often praised and feted as the socially responsible face of Indian industry. Under the banner of...

Vide its Notification dated 30 August 2011, the Securities and Exchange Board of India has issued certain amendments to the Mutual Fund...

The size of the wealth management industry in India is expected to rise steadily and touch about USD one trillion by the year...

The Reserve Bank of India (RBI) vide A. P. (DIR Series) Circular No 65 dated April 28, 2009 has now permitted Indian companies to buyback...

To support the 'Ease of doing Business in India' plan, markets regulator Securities and Exchange Board of India (SEBI), on July 5th, 2017...

RBI vide its circular (“Circular”) dated February 12, 2018 (“Revised Framework”) has overhauled the extant stressed asset resolution...

The Non-Banking Financial Companies ("NBFCs") have been playing a very important role from the macroeconomic perspective by delivering...

The Reserve Bank of India ("RBI") vide Circular No.131 dated February 12, 2018 ("Circular") issued a generic framework and instructions...

After several decades, the insurance sector is in for some competition. The insurance sector has hitherto been monopolised by the State...

In our continued desire to keep our readers abreast of the latest breaking legal news as well as to bring out topical newsletters on...

In exercise of the powers conferred by clause (xiii) of sub-section (2) of section 80C of the Income-tax Act, 1961, vide Notification No....

Indian companies have been permitted to issue equity and equity related instruments to international investors by virtue of the...

That the Foreign Direct Investment (“FDI”) ceiling of 26% may be retained, but investments by Non-Resident Indians (“NRIs”) / Overseas...

India Inc’s foreign acquisition and capex plans have led to many corporates tapping the overseas market for funds, especially through...