Rukshad Davar recognized by WWL as a recommended practitioner

Insights on the impact of the US elections on business and legal activity in India

Oct 24, 2024

Akil Hirani, Managing Partner and Head of Transactions, shared his insights on the impact of the US elections on business and legal activity in India in a recent article published in the Indian Business Law Journal. "US policies post-election could impact both...

Akil Hirani featured as a guest writer in Director Today on “The Indian Landscape of Insider Trading”

Oct 14, 2024

Insider trading refers to the practice of trading a company's securities based on Unpublished Price Sensitive Information (“UPSI”), which is not available in the public domain. UPSI encompasses any information that, when made public, can significantly influence the...

US Fiscally Transparent LLC qualifies as a US Tax Resident

Sep 18, 2024

The Indian tax authorities have denied treaty benefits to fiscally transparent entities such as foreign partnership firms and limited liability corporations (LLCs) on the ground that such entities are not liable to tax in their home country and do not qualify as tax...

ITR World Tax 2025 Rankings

Aug 30, 2024

We are pleased to share that we have been ranked by ITR World Tax in the practice areas of General Corporate Tax, Indirect Tax and Transfer Pricing. Akil Hirani, Managing Partner and Head of Transactions, and Ravi S. Raghavan, Partner - Tax and Private Client Group,...

Delhi Tribunal emphasizes importance of TRC for tax treaty benefits

Aug 8, 2024

Tiger Global Eight Holdings (TGH), a Mauritius company, sold a portion of its shares of an Indian company that were acquired prior to April 1, 2017 and claimed capital gains tax exemption under the double taxation avoidance agreement between India and Mauritius...

SEBI’s new proposal on FPI disclosures

Aug 2, 2024

The Securities and Exchange Board of India (“SEBI”) has released a consultation paper proposing to modify the disclosure requirements for large foreign portfolio investors (“FPIs”). In August 2023, by its circular SEBI/HO/AFD/AFD-PoD-2/CIR/P/2023/148, SEBI...