Rukshad Davar talks about countries realizing the need for domestic production post COVID-19 in discussion with DQ India

by | Apr 27, 2020

The Government of India recently reviewed the extant FDI policy for curbing the opportunistic takeovers/acquisitions of Indian companies due to the current Covid-19 pandemic, and amended para 3.1.1 of extant FDI policy as contained in consolidated FDI Policy, 2017. On account of this review and revision, foreign investment from, neighboring countries including China, will require government approval now.

Rukshad Davar, partner at Majmudar & Partners, shares his thoughts with DQ India on countries realizing need of domestic country production post Covid-19.

Read more here.

More News

Akil Hirani interviewed by The Legal 500

Jul 19, 2024

Original source: Legal500.com Akil Hirani, Managing Partner and Head of Transactions, outlines the philosophy of the firm and explains how the firm is adapting to client needs. What do you see as the main points that differentiate Majmudar & Partners from your...

read more

Karnataka Gig Worker Law

Jul 15, 2024

The Karnataka government has recently issued the Karnataka Platform-Based Gig Workers (Social Security and Welfare) Bill, 2024 (Bill) and has invited objections/ suggestions from stakeholders.  The provisions of the Bill will apply to all platform aggregators in...

read more

India – Press Note 3 Update

Jun 28, 2024

A recent press report suggests that the Indian government is likely to clear joint venture proposals involving Chinese companies like Haier, Suzhou Innovance, China Highly Group and others where the Indian partner has a majority shareholding in the joint venture. In...

read more

No GST on slump sale transactions in India

Jun 26, 2024

In an important ruling in the Piramal Enterprises Limited’s case under the erstwhile VAT statute, the Bombay High Court (BHC) has reiterated that a business transfer as a going concern is to be treated as a slump sale, and the assets of the business cannot be...

read more

Benchmark Litigation Rankings 2024

May 8, 2024

We are pleased to share that we have been ranked for multiple practice areas in the Benchmark Litigation 2024 rankings. Firm Rankings Labour and Employment White-collar Crime Commercial and Transactions Insolvency International Arbitration Government and Regulatory...

read more