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Primer on Doing Business in India – 2026 Update

India is one of the world’s fastest-growing economies, with a steadily liberalised regulatory framework and strong policy support for foreign investment. Most sectors permit...

Primer on Doing Business in India – 2026 Update

India is one of the world’s fastest-growing economies, with a steadily liberalised regulatory framework and strong policy support for foreign investment. Most sectors permit...

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Primer on Doing Business in India – 2026 Update

India is one of the world’s fastest-growing economies, with a steadily liberalised regulatory framework and strong policy support for foreign investment. Most sectors permit...

India’s insurance sector reforms – key highlights

On December 21, 2025, the Indian government published the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025 (the “Amendment Act”) in the...

India’s Budget 2026-27: Key highlights

India’s Union Budget (the “Budget”) for the financial year 2026-27 was announced on February 1, 2026, and the Finance Bill, 2026 (the “Finance Bill”)...

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M&A and PE impact due to changes in India’s competition law regime

The Competition (Amendment) Act, 2023 (the “2023 Amendment”) was introduced on April 11, 2023, to amend the Competition Act, 2002 (the “Act”) and, inter...

Profit attribution to a Permanent Establishment in India – A vexed issue

Background Foreign companies in India are often subjected to a tax audit scrutiny by the Indian tax authorities to check if they have a Permanent...

Failure to pay salary is not criminal conduct

Background The former Chief Executive Officer (the “Complainant”) of Safal Life Science (P) Ltd. (the “Company”) filed a criminal complaint under Sections 420 (cheating), 406...

Fact-check units: an unchecked fact checker – Part II

The Bombay High Court has recently struck down the 2023 amendment (the “2023 Amendment”) to the Information Technology (Intermediary Guidelines and Digital Media Ethics...

Fact-check units: an unchecked fact checker – Part II

The Bombay High Court has recently struck down the 2023 amendment (the “2023 Amendment”) to the Information Technology (Intermediary Guidelines and Digital Media Ethics...

How easily are MAC clauses in Indian M&A contracts enforceable

Background Material Adverse Effect (“MAE”) or Material Adverse Change (“MAC”) clauses are often used in mergers and acquisition (“M&A”) agreements.  MAC clauses are a double-edged...

India’s new insurance regime can change the game

Background India’s insurance industry is on the brink of transformative changes with the anticipated introduction of the Insurance Amendment Bill (the “Bill”) during the winter...

The liquidation saga of Jet Airways – speedy resolution is the key

The Supreme Court’s (the “SC”) decision ordering the liquidation of Jet Airways (India) Limited (“Jet Airways”) under the Insolvency and Bankruptcy Code, 2016 (the...

Open AI v. ANI: The India take

The globally contested legal battle on training large language models (“LLM”) using copyrighted content recently reached India, with Asian News International (“ANI”), an Indian...

Compensation received under an arbitral award not “Other Income”

Background In 1998, Mahanagar Telephone Nigam Limited (“MTNL”) invited tenders for Code-Division Multiple Access (“CDMA”) technology supply on a turnkey basis.  In 1999, a contract...