ArticlePharma Hotline - March 09, 2015India's Health Ministry has released a draft of the proposed amendments to the Drugs and Cosmetics Act 1940 (Act) for public consultation.IndiaIntellectual PropertyNishith Desai Associates
ArticleIndia-S'pore Tax Treaty: Anomalies Need To Be Dealt WithTHESE are taxing times indeed! The global shift on clamping down on base erosion/profit shifting has the recently amended India-Mauritius tax treaty to add to its list. IndiaTaxNishith Desai Associates
ArticleReporting Cybersecurity Breaches In India - Is It Time To Overhaul The Law?With cybersecurity breaches rising day by day, it is time for a robust law for prevention and reporting of cyber security breaches. IndiaTechnologyNishith Desai Associates
ArticleNspira Taps CX For INR 4 Billion InvestmentNspira Management Services Private Limited ("Nspira") has raised INR 4 billion (~USD 60 million) from a consortium led by CX Partners.IndiaCorporate/Commercial LawNishith Desai Associates
ArticleHow Jaitley Punctured Bitcoin Mania: Global Prices Slid 25% After BudgetThe issues around cryptocurrency use and taxation remain; the segment insists it is committed to helping stop illegitimate use, suggests the govt should work with it.IndiaTechnologyNishith Desai Associates
ArticleImplementing Make In India Difficult Sans GST:Nishith DesaiGood & Services Tax (GST) Bill is essential because there are a lot of leakages in terms of access for manufacturing in India, IndiaTaxNishith Desai Associates
ArticleUpdate: SEBI Sets Up Takeover Regulation Advisory CommitteeMUMBAI (Dow Jones)--The Indian capital markets regulator, the Securities and Exchange Board of IndiaIndiaCorporate/Commercial LawNishith Desai Associates
ArticleSupervisory And Territorial Jurisdiction In Domestic Arbitrations In IndiaThe review petition has therefore been admitted on grounds of semantics. IndiaLitigation, Mediation & ArbitrationNishith Desai Associates
ArticleThe Circular On BPO Taxation May Be WithdrawnEarlier this year, Central Board of Direct Taxes, India ("CBDT") issued Circular no. 1 of 2004 ("Circular"), on taxation of the profits made by non-resident companies engaged in BPO activities. IndiaTaxNishith Desai Associates
ArticleWithholding Tax On Payments Made To Non-Residents For Services Rendered AbroadThe Authority for Advance Rulings ("AAR") in a recent ruling (AAR/671/2005) has held that there will be a withholding tax requirement on payments made to a non-resident agentIndiaTaxNishith Desai Associates
ArticleE-Infochips Is Acquired By Arrow Electronicse-Infochips Limited (‘e-Infochips') has been acquired by Arrow Electronics, Inc., a Fortune 150 company, and a global provider of products, services and solutions to industrial and commercial users...IndiaCorporate/Commercial LawNishith Desai Associates
ArticleThe On-Demand Economy – New Report Of The Global Employment InstituteA new report from the International Bar Association's Global Employment Institute (GEI) urges policymakers to create bespoke legislation for the de facto ‘third category' of workers engaged in the...IndiaEmployment and HRNishith Desai Associates
ArticleSeries B Investment In Mfine - A Heath-Tech StartupSBI (through its investment vehicles in Japan and Singapore), Beenext, along with other investors led the Series B investment of approx. USD 17 millionIndiaFood, Drugs, Healthcare, Life SciencesNishith Desai Associates
ArticleOppressive Language Learning PoliciesThe movement to mandate learning of the dominant official language of states as a compulsory subject has acquired momentum again.IndiaConsumer ProtectionNishith Desai Associates
ArticleIndian Corporate Debt Market: Killing The Golden Goose?The corporate debt market was a vibrant source of raising funds by Indian corporates from non-resident investors.IndiaCorporate/Commercial LawNishith Desai Associates
ArticleThe Way Forward – Indian M&A And PE Projections For 20192018 was a blockbuster year for deal-making in India, with M&A value exceeding an unprecedented USD 100 billion mark. IndiaCorporate/Commercial LawNishith Desai Associates
ArticleIndia Election 2014: BJP's Landslide Win – What To Expect?India concluded its general elections and the results will be registered in history as one of the most spectacular performances by any party in the past three decades.IndiaGovernment, Public SectorNishith Desai Associates
ArticleArbitration Reforms In India: End Of The Endless Saga?On October 23, 2015, the President of India has promulgated the Arbitration and Conciliation (Amendment) Ordinance, 2015 ("Ordinance"). IndiaLitigation, Mediation & ArbitrationNishith Desai Associates
ArticleThe Age Of Orwellian Arbitration – Arbitration & Conciliation (Amendment) Bill, 2019The Arbitration and Conciliation (Amendment) Bill, 2018 ("2018 Bill") was passed by the Lok Sabha without any debate or discussion.IndiaLitigation, Mediation & ArbitrationNishith Desai Associates
ArticleREITs: Tax Issues And BeyondThe Securities and Exchange Board of India recently introduced the final regulations for real estate investment trusts (REITs) and infrastructure investment trusts.IndiaReal Estate and ConstructionNishith Desai Associates