Industry Bodies, Associations Seek Extension for Digital Competition Bill Feedback
The bill proposes a preemptive regulatory framework for overseeing digital markets in India, drawing inspiration from the Digital Markets Act of the European Union. Industry stakeholders are opposed to ex ante regulation fearing limits to market growth and stifling innovation.
India Revises its FDI Policy for the Space Sector, Relaxes Some Provisions
India is allowing up to 100 percent FDI in the space sector, opening doors to new business opportunities and high-tech job creation.
Update: India Has Approved 124 FDI Proposals from Neighboring Countries Since 2020
In 2020, India announced the decision to scrutinize investments from neighboring countries, allowing FDI only via the government route.
Amendments to DPDP Act Priority for India’s Modi Government if it Wins Third Term
Implementation rules for India’s DPDP Act, which was passed in parliament in August 2023, is expected to be enacted in the first 100 days of the formation of a new government and will establish rules on important digital domain issues such as AI-led misinformation and deepfakes.
India’s Corporate Affairs Regulator Seeks Public Feedback on 7 Regulations Under Insolvency and Bankruptcy Code
India’s Ministry of Corporate Affairs has invited stakeholders to submit responses to seven specific regulations under the IBC, 2016 rules.
Environmental Compliance for Companies in India: Key Legislation and ESG Guidelines
The environmental compliance landscape in India poses challenges due to uneven law enforcement. We note key reporting requirements.
India’s Regulation of Solar PV Modules: Approved List of Models and Manufacturers
With effect from April 1, 2024, India has reinstated the ALMM mandate, a move viewed by experts as a breather for OEMs. However, temporary relaxations apply to projects in advanced development stages.
India’s Regulation of AI and Large Language Models
Presently, India lacks a dedicated regulation for artificial intelligence (AI). We outline some of the advisories, guidelines, and IT rules that offer legal oversight for the development of AI, Generative AI, and large language models (LLM) in India.