Other Briefings
Indian Mobility Platform Ola Comes Under Regulatory Spotlight: Lessons for Foreign Investors
India’s Central Consumer Protection Authority has issued a notice to Ola Electric and Ola Cabs for alleged violations of consumer rights. This situation highlights the importance for foreign companies and foreign-invested enterprises operating in India to adopt best practices to minimize the risk of regulatory intervention and mitigate scope for reputational damage.
India Eases Export Rules for Dual-Use Technology to 41 Countries
India’s Directorate General of Foreign Trade (DGFT) has relaxed export rules for 36 dual-use items from Indian parent companies to their foreign subsidiaries in 41 countries.
India Implements New Guidelines for Halal Meat Exports, Effective October 16
India has introduced new policy conditions for halal meat exports, effective from October 16, 2024. Such products must be processed in facilities certified under the ‘India Conformity Assessment Scheme (I-CAS) – Halal.’
India’s Anti-Trust Law Updates: Stricter Scrutiny, New Thresholds, and Faster Approvals
More provisions of the Competition (Amendment) Act, 2023 have taken effect as of September 2024, including deal value thresholds for high-value acquisitions, marking a complete overhaul of India’s anti-trust regime.
Managing CSR Obligations in India: Company Best Practices
Adopting certain best practices can help companies meet their corporate social responsibility (CSR) obligations, build a positive reputation, and make meaningful contributions to socioeconomic welfare and sustainable development.
India Shortens Deadline for Filing CSR-2 Return: MCA Notification
Companies in India that report their corporate social responsibility expenditure must file the CSR-2 Return for FY 2023-24 by December 31, 2024.
Corporate Social Responsibility in India
India became one of the first countries to mandate corporate social responsibility on April 1, 2014. Certain companies are required to allocate a portion of their profits to areas such as education, poverty alleviation, gender equality, and hunger mitigation programs.
India Extends Import Management System for IT Hardware Until December 31, 2024
India’s DGFT has announced the extension of the current import management system (IMS) for IT hardware products till the end of December 2024.
