News
ITAT explains international transaction
09 五月 2013
In a recent order, the Income Tax Appellate Tribunal (ITAT), Mumbai had the occasion to go into the question of what is or is not an international transaction. The parent company of the appellant had sold its imaging business, globally.
Mere viewing of content on computer screen cannot be infringement
09 五月 2013
Infringement due to creation of transient or temporary copies being made in course of transmission though legal by itself has been debated time and again.
Revised FDI Policy released
20 四月 2013
Consolidated and revised Foreign Direct Investment (FDI) Policy has been issued by the Department of Industrial Policy and Promotion in the Ministry of Commerce & Industry.
Takeover Regulations amended
20 四月 2013
SEBI has amended SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. The major changes are in relation to timing of making a public announcement in case of successive and connected acquisitions of shares or voting rights in the target company.
TRAI caps duration of TV advertisements
20 四月 2013
The Telecom Regulatory Authority of India (TRAI) has amended the Standards of Quality of Service (Duration of Advertisements in Television Channels) Regulations, 2012 to impose a cap of twelve minutes per hour on commercial advertisements.
Write-off of unrealized export bills - RBI issues new guidelines
19 三月 2013
Exporters, including status holders, have been allowed to self write-off unrealised export bills, subject to limits in terms of specified percentage of the proceeds realized during previous calendar year. As per Reserve Bank of India A.P.
Banking mergers to face scrutiny of two regulators
20 十二月 2012
Bank M&As may have to obtain clearance both from the Competition Commission of India (CCI) and Reserve Bank of India (RBI) according to recent reports.
Govt. to press CTRL button on foreign investment
20 十二月 2012
The Finance Ministry had recently suggested the Department of Industrial Policy and Promotion (DIPP), the nodal agency for foreign direct investment in India to amend the definition of ‘control’.
Scope of ECBs set to widen
20 十二月 2012
The Indian Government is all set to widen the scope of External Commercial Borrowings (ECB) by changing the definition of ‘infrastructure’, as approved by the Cabinet committee on infrastructure.
Service quality benchmarks for wireless data services
20 十二月 2012
The Telecom Regulatory Authority of India (TRAI) has released “The Standards of Quality of Service for Wireless Data Services Regulations, 2012”.