ArticleInnovation Falters When Regulation Doesn't Lead Tech But Follows ItThe last few decades of human civilisation have been the most significant in terms of technological progress.IndiaTechnologyNishith Desai Associates
ArticleBandlab Technologies Acquires A 49% Stake In Rolling StoneExciting news from our client Bandlab Technologies ("Bandlab"). Singapore based music social creation platform, Bandlab has acquired a 49% stake in Rolling Stone. IndiaCorporate/Commercial LawNishith Desai Associates
ArticleIndia's Crypto Community Comes Together To Explore Its Way ForwardThe cryptocurrency community is coming together for the first time to raise its voice against cryptocurrency ban and discuss the possibilities of its future in IndiaIndiaTechnologyNishith Desai Associates
ArticleProhibition Of E-Cigarettes: End Of ENDS?The President of India has promulgated an ordinance on Prohibition of Electronic Cigarettes (production, manufacture, import, export, transport, sale, distribution, storage and advertisement) OrdinanceIndiaFood, Drugs, Healthcare, Life SciencesNishith Desai Associates
ArticleRBI Restores Overseas Investment Limit To 400% For India Inc.The RBI has now issued an A.P. (DIR Series) Circular No. 1 dated July 3, 2014 whereby the limit has been restated to 400% of the net worth.IndiaGovernment, Public SectorNishith Desai Associates
ArticleForeign Investment Norms In Real Estate ChangedIn line with the announcements in the Finance Minister’s budget speech for 2014, the Union Cabinet proposed certain relaxations for Foreign Direct Investment in ‘construction-development sector’.IndiaReal Estate and ConstructionNishith Desai Associates
ArticleRules For Compensation In Clinical Trials Related Injury, Death NotifiedOn November 31, 2011, the Ministry of Health and Family Welfare had proposed certain draft amendments to the Drugs and Cosmetic Rules, 1945 to ensure payment of compensation to the study subject for clinical trial related injury or death.IndiaFood, Drugs, Healthcare, Life SciencesNishith Desai Associates
ArticleEducation Sector Hotline - March 28, 2017The world is experiencing an intellectual renaissance where technology, for better or worse, has penetrated the remote(est) aspects of everyone's life. IndiaConsumer ProtectionNishith Desai Associates
ArticleInter Se Transfer Between Promoters – No Exemption In The First Three Years After Listing Says SEBIThe Securities and Exchange Board of India has taken a conservative stand in its interpretative letter dated December 5, 2012.IndiaCorporate/Commercial LawNishith Desai Associates
ArticleQikPod Raises Funding From Accel Partners, Flipkart, Delhivery And Foxconn MobileLeapMile Logistics Private Limited ("QikPod") along-with its founder and CEO Ravi Gururaj, has entered into definitive documents to raise USD 9 (Nine) million...IndiaCorporate/Commercial LawNishith Desai Associates
ArticleSMR Ruling: Tax Department Attempts To Deny Treaty Benefits To Mauritius CompanyThe Tax department recently1 attempted to deny tax benefits in respect of capital gains arising from sale of shares.IndiaCorporate/Commercial LawNishith Desai Associates
ArticleTime To Reconsider Mergers And Acquisitions Pricing Norms?It is almost universally accepted that valuation is an art and not a science and the value determined by one expert can vary significantly from that of the other expert especially for large and complex M&A transactions...IndiaCorporate/Commercial LawNishith Desai Associates
ArticleBilateral Investment Treaties And IndiaBilateral investment Treaties (BITs) are agreements between two Countries (States) for the reciprocal promotion and protection of investments in each other's territories by individualsIndiaFinance and BankingNishith Desai Associates
ArticleStructuring India Focused FundsIn 2012, SEBI took steps to completely overhaul the regulatory framework for domestic funds in India and introduced the AIF Regulations. In 2015, a tax-pass through status had been hardwired for certain categories of AIFs by the Finance Act, 2015.IndiaFinance and BankingNishith Desai Associates
ArticleGovernment Clears The Air On ‘Conflict Of Interest': No Financial Linkage Between Gates Foundation And NTAGIThe Central Government has clarified that the institutional collaboration between Bill & Melinda Gates Foundation and National Technical Advisory Group on Immunization is not financially linked. IndiaFood, Drugs, Healthcare, Life SciencesNishith Desai Associates
ArticleOTTs Can Distribute Original Content Without Any Restriction: ExpertsForeign direct investment in the e-commerce industry has been a hot topic for the last few years. Recently, there were some news reports on whether over-the-top (OTT) IndiaGovernment, Public SectorNishith Desai Associates
ArticleArbitration Council: The Birth Of A New Regulator?The Supreme Court passed judgments overruling its previous positions, and the government made changes to the law, bringing in much-needed air of freshness in an otherwise stale and abused law. IndiaLitigation, Mediation & ArbitrationNishith Desai Associates
ArticleMediated Settlements: The Next Realm Of Dispute Resolution In IndiaOn July 31, 2019, the Union Cabinet, chaired by Prime Minister Narendra Modi, approved the signing of the United Nations Convention on International Settlement Agreements Resulting from Mediation IndiaLitigation, Mediation & ArbitrationNishith Desai Associates
ArticleViews: Can Law And Policy Promote A Culture Of Innovation?While India has its share of unicorns, most have adapted global business models.IndiaPrivacyNishith Desai Associates
ArticleRegulatory Regime Forcing COS' 'Externalisation'With Indian companies rapidly expanding their presence internationally, there has been an increased keenness in companies operating in high growth sectors to migrate their holding company structures from India to reputed offshore jurisdictions. IndiaStrategyNishith Desai Associates