India Mandates RBI Approval for Foreign Holding Company Mergers With Domestic Units
India has revised its rules on mergers under the Companies Rule, 2016, mandating foreign holding company and its wholly owned Indian subsidiary to secure prior approval from RBI.
Guide to Vendor Onboarding in India
India Briefing guides you to the best practices, legal considerations, and strategies for vendor onboarding processes in India.
ESG Reporting Mandates in India: Guidelines for Businesses
The ESG reporting framework in India is facilitating firms to adopt sustainability practices aligned with global investor expectations.
How Foreign Companies in India Can Manage Compliance Risks Effectively
We discuss key compliance risks that foreign companies in India face and strategies to manage them effectively.
India’s National Financial Reporting Authority Fines BSR & Associates INR 100 Million for Audit Lapses
The NFRA has imposed an INR100 million fine on BSR & Associates, an audit firm, for alleged failures in auditing Coffee Day Enterprises Ltd.
India Updates Foreign Exchange Rules, Simplifies Cross-Border Share Exchanges
India has amended updates to the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, with the goal of simplifying cross-border share exchanges and promoting the ease of doing business.
India’s Draft Personal Data Protection Rules Likely to be Released Within a Month
India is expected to release a draft of the rules under the Digital Personal Data Protection Act (DPDP Act) within a month for public consultations.
India to Enforce Mandatory BIS Standards for Chemicals and Petrochemicals
India will implement mandatory BIS standards for chemicals and petrochemical products, applicable on both domestic manufacturers and imports.