Blog Posts
-
Anti-Competitive Agreements: What can we Expect from the Competition Commission?
[Posted by Umakanth Varottil] (We are very pleased to welcome Farhad Sorabjee as a guest contributor on the Blog. Mr. Sorabjee is a partner at the Mumbai offices of J. Sagar Associates and leads the firm’s competition practice. His contributions will certainly bolster the competition law focus on this Blog. In the following post, he…
-
Links on Competition Law
[Posted by Umakanth Varottil] (The following post contributed by R.V. Anuradha points to some recent information and materials pertaining to competition law) 1. What will the Competition Commission of India (CCI) look like? LiveMint considers some of the names of people being considered for membership of the CCI. 2. Other interesting developments in the recent…
-
SEBI moves to tighten insider trading norms by prohibiting opposing transactions
[Posted by V. Niranjan] In an earlier post, Mihir had remarked that while arguments for legalizing insider trading are interesting, there is a long way to go before they are actually accepted by legal systems. SEBI’s recent move to tighten insider trading norms is a case in point. ET reports that SEBI will soon amend…
-
Top 200 World Universities
[Posted by Rahul Singh] Here is a link to the list of top 200 universities around the world:http://www.timeshighereducation.co.uk/hybrid.asp?typeCode=243&pubCode=1 Any idea why so few are from India?
-
Welcome to our New Contributors
[Posted by Umakanth Varottil] Over the last few weeks, we have been fortunate to have several new contributors join us. This has significantly expanded the scope of the discussion on this Blog into areas that were hitherto not focused on, such as taxation, arbitration and international trade. To briefly introduce them: Jayant Thakur is a…
-
Some Thoughts on the P-Note Volte Face
[Posted by Umakanth Varottil] In an earlier post, Mihir highlighted some key decisions taken by SEBI earlier this week. One decision regarding P-Notes merits greater discussion. A little less than a year ago (October 16, 2007 to be precise), SEBI introduced bold measures to curb the use of participatory notes (P-notes) and other offshore derivative…
-
Unique avoidance of Takeover Regulations in RIL?
[Posted by Jayant Thakur] How can Promoters hold shares in a listed company but still ensure that they are not counted as part of Promoters’ holding for purposes such as Takeover Regulations which place various limits over creeping acquisitions, maximum holding, etc.? While there could be many ways, but to talk of something current, if…
-
FII Participation in Indian Depository Receipts
[Posted by Shantanu Naravane] A recent post on this blog examined changes to the SEBI DIP Guidelines made with a view to promoting qualified institutional placements [“QIPs”], as a measure to address domestic economic concerns, by enabling greater access to funds. While this shortage continues to be a cause for concern for domestic companies, given…
-
DTAA income now included in total income
[Posted by V. Niranjan] The CBDT has notified that if a DTAA provides that the income of a resident “may be taxed” in the other country, such income will be considered to be part of the total income of the assessee (CBDT Notification No. 91/2008). The notification is available here. The implication is that such…
-
SEBI Board meeting of 6th October: Important Decisions
[Posted by Mihir Naniwadekar] In a meeting earlier today, the SEBI Board took several decisions which may have an important impact. 1. The Board decided to encourage promotion of dedicated exchanges/platforms for trading of securities for small and medium enterprises. Enterprises with a post issue paid up capital of less that Rs. 25 crore would…